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For Sale: Highest-Priced Property in Downtown Manhattan

Ryan Serhant may want to change the name of his show – to "Hundred Million Dollar Listing." Serhant, one of the three brokers in the popular TV show "Million Dollar Listing New York," has just listed a $118.5 million penthouse complex at the Ritz-Carlton hotel in Manhattan's Battery Park. It's now the highest priced property in downtown Manhattan, topping a $110 million penthouse listing in the former Woolworth building. The listing covers 15,500 square feet with sweeping views of the Hudson River, the statue of Liberty and downtown. It's on the top two floors of the Ritz, 39 and 40, and covers three units. They are only being sold together as one property.

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-- By Robert Frank