From left: 15 CPW, 740 Park and the Olympic Tower

From the December issue: Every few years, an over-the-top new Manhattan apartment building emerges bigger, better and pricier than the rest. The city’s elite rush to take up residence in these buildings, forming clusters of wealth within their luxurious walls. Since 2007, for example, the Zeckendorfs’ 15 Central Park West has been the most sought-after (and expensive) address in the city, with resale prices soaring even through the downturn. [more]

William Zeckendorf, Arthur Zeckendorf and Robert A.M. Stern

Considering the success of 15 Central Park West and 18 Gramercy Park, it looks like Arthur and William Zeckendorf are taking another shot at their luck. The Wall Street Journal reported that the duo filed a building permit for a 51-story condominium property at 43 East 60th Street — according to an unnamed source, Robert A.M. Stern, the architect behind 15 Central Park West, will be designing the new condo. [more]

15 Central Park West (far left)

Despite the stratospheric sales prices at 15 Central Park West over the last few years — the most obvious being Sandy Weill’s $88 million record-obliterating sale — some observers say that the previous numbers were inflated and that sales prices at the building are due to slump, the Wall Street Journal reported.

In 2012 only five apartments at the building, where celebrities of all sorts, from Denzel Washington to Daniel Loeb reside, have sold. Last year, that number was 17 last year and 15 in 2010, according to data from residential brokerage Brown Harris Stevens. [more]

Blu’s Vince Rocco and the 15 Central Park West spread

Hot on the heels of real estate author Michael Gross’ assertion that Extell Development’s One57 will never live up to the success of Zeckendorf Development’s much-beloved limestone towers at 15 Central Park West, a luxe rental at the latter has come on the market asking $59,000 per month.

The four-bedroom unit came on the market on Saturday, Streeteasy.com shows. Listed by Blu Realty’s Vince Rocco, Shane Shimon and Denise Rosner, it is available for a minimum of one year. The property is currently the most expensive rental unit available at the building. [more]

Interior shot of the 15 CPW listing

It seems that sellers at 15 Central Park West are undaunted by Hurricane Sandy. A two-bedroom apartment on the 16th floor went on the market for $8.5 million, almost twice as much as the owner paid for the sponsor unit in 2008, the New York Observer reported.

Listing brokers Hideko Horiguchi and Mika Sakamoto, both of Sotheby’s International Realty, said they picked up the listing shortly before the storm hit but were unable to put it in the system until now. “It has a beautiful open city view. It’s just a beautiful apartment and apartments in this building rarely come on the market.” Horiguchi told the Observer. [more]

From left: 15 Central Park West and 259 Bennett Avenue

The priciest new listing to come online in Manhattan this week is a 3,952-square-foot combo unit on the 24th floor of the 15 Central Park West condominium building that’s asking $44 million. The listing, held by Roberta Glubock of Sotheby’s International Realty, features five bedrooms, five bathrooms, two half bathrooms and 76 feet of Central Park views. The least expensive Manhattan apartment to hit the market this week is a one-bedroom co-op unit at 259 Bennett Avenue in Washington Heights listed by John Suarez of A.N. Shell Realty that’s asking $245,000. Click here for more.

From left: interior and exterior of 15 CPW

A five-bedroom, seven-bathroom spread at 15 Central Park West has hit the market asking $44 million, the Wall Street Journal reported.

The apartment, which, as listed, is a combination of two apartments on the 24th floor, is owned by Neil Witriol, a bathroom appliance kingpin, the Journal said. Witriol bought one unit in 2008 for $7.8 million and the other in 2010 for $8.9 million. [more]

15 Central Park West

The $88 million sale of a 15 Central Park West penthouse has fueled a storm of ambitious asking prices around the city, but nowhere is that more apparent than in the very building that apartment was sold.

Citing Streeteasy.com data, Bloomberg News reported that the four 15 CPW condominiums that hit the market since May have asking prices that represent a 192 percent premium over what owners paid in 2007 and 2008. Leroy Schecter recently listed his combination unit for $95 million, more than 3.5-times the $26 million he paid for them in 2008. [more]

Leroy Schecter, 15 Central Park West and Schecter's floorplan

Metal mogul Leroy Schecter is betting that by combining his two units in 15 Central Park West he can top Sanford Weill’s record sales price in the building. The Wall Street Journal reported that Schechter is combining his two units on the 35th floor, for which he paid a combined $18.9 million, and listing them for $95 million with Emily Beare of Core. [more]

From left: Elliman Chairman Howard Lorber, Core CEO Shaun Osher and 15 CPW

It’s been more than seven months since reports of the $88 million sale of Sanford Weill’s 15 Central Park West penthouse emerged, yet, in light of the recent $90 million-plus contract on a One57 penthouse and Steve Wynn’s $70 million purchase at the Ritz-Carlton, it continues to reverberate through the city’s real estate market. Brokers told the New York Times that they expect a slew of high-priced homes, including a handful asking more than $90 million, to hit the market in the near future. [more]