Luxury apartments for sale at buildings overlooking Central Park are suffering on the market, some seeing price cuts. At 15 Central Park West, 12 apartments are up for sale, four of which have fallen in price over the last few weeks, according to Streeteasy.com. At the Pierre Hotel, on East 61st Street and Fifth Avenue, a $70 million triplex has been on and off the market for three years, recently taken off again, and a $50 million unit has been languishing on the market for a year.
Expensive units not selling
November 24, 2008 07:53AM
