The Real Deal New York

Posts Tagged ‘15 Central Park West’

  • 15 Central Park West

    15 Central Park West

    Hedge funder Zachary Jared Schreiber has quietly unloaded his three-bedroom apartment at 15 Central Park West for $29 million, according to public records filed with the city on Friday. The sale comes more than a year after Schreiber, a founder of PointState Capital, and wife Lori purchased a ninth-floor co-op at 1030 Fifth Avenue for $31 million.

    The unit at 15 Central Park West sold to Mussik Capital Corporation in a deal that closed July 10. The corporation is registered to the address of the Manhattan law firm Raphael & Marks. Ellen Marks, the attorney who signed the deed on the seller’s behalf, was not immediately available for comment. [more]

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  • Washington Square Arch

    Washington Square Arch

    “Numbers to know” is a weekly web feature that catalogues the most notable, quirky and surprising real estate statistics. The Washington Square Arch completes its month-long restoration, Bedford-Stuyvesant deals are closing left and right, and 15 Central Park West had last week’s most expensive contract signed — again. [more]

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  • Citi Bikes

    Citi Bikes

    “Numbers to know” is a weekly web feature that catalogues the most notable, quirky and surprising real estate statistics. Wal-Mart expands on Long Island, Citi Bike riders pass the one million mile mark and a 15 Central Park West unit with over 1,600 square feet of terrace space hits the market. [more]

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  • Time Warner Center (credit: PropertyShark)

    Time Warner Center (credit: PropertyShark)

    “Numbers to know” is a weekly web feature that catalogues the most notable, quirky and surprising real estate statistics. Fifteen Central Park West clinches a record price for a non-park-view apartment, Time Warner Center commands the highest asking prices in the land, and millions of homes are at risk for hurricane damage this season. [more]

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  • Richard Wallgren and 15 Central Park West

    Richard Wallgren and 15 Central Park West

    A top sales executive at Macklowe Properties has had his own little windfall after selling his 15 Central Park West apartment for nearly double what he paid in 2008, the New York Observer reported.

    Richard Wallgren, who was sales director of 15 Central Park West while at Brown Harris Stevens, paid $1.8 million for the 1,079-square-foot one-bedroom sponsor unit in April 2008, a hefty discount off the $2.5 million asking price. And now, he sold the apartment to Second 40 Holdings LLC for $3.48 million, according to city records seen by the Observer. [more]

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  • Leroy Schecter and 15 Central Park West

    Leroy Schecter and 15 Central Park West

    Leroy Schecter has put his 15 Central Park West combination condominium on the rental block for $125,000 per month, the New York Observer reported. This comes after the metal mogul tried to sell the unit for $95 million, trimming the price by $10 million and then pulling the listing in April. [more]

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  • From left: Jeff Gordon, 15 Central Park West and Halstead brokers Nora Ariffin and Christopher Kromer

    NASCAR superstar Jeff Gordon wants to sell his condominium at 15 Central Park West for $30 million, the New York Times reported. [more]

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  • From the April issue: It’s been quite a roller coaster ride for New York City’s real estate industry since The Real Deal launched a decade ago. Between the boom, the bust and the recovery, there have been many highs and lows for the industry — from record deals like Google’s purchase of its headquarters for $1.8 billion to the now-notorious default on the loan at Stuyvesant Town and Peter Cooper Village. [more]

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  • Leroy Schecter and the floorplan of his 15 Central Park west pad

    Metal mogul Leroy Schecter has slashed the asking price for his deluxe pad at 15 Central Park West. The Marino/Ware Industries chairman now wants $85 million — not $95 million — for his two-unit combo at the exclusive Upper West Side building, Curbed reported. [more]

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  • Kirk Henckels and a rendering of 56 Leonard Street

    The wealthy have flocked back to the Manhattan luxury market, spending even more than they did in the pre-crisis highs, but are doing so more discreetly, a new report seen by the Wall Street Journal shows.  [more]

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  • Martin Zweig and the Pierre hotel at 795 Fifth Avenue

    The co-op apartment of Martin Zweig, the late investor who predicted the 1987 stock market crash, is about to hit the market and could bring $120 million or more, a source told the New York Post. [more]

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  • 15 Central Park West and Alex Rodriguez

    In his quest to find his latest New York City pad, Yankees slugger Alex Rodriguez considered an old haunt. The third baseman recently checked out a rental at 15 Central Park West, where he once rented an apartment, sources told The Real Deal.

    A-Rod, as he is known, looked at a two-bedroom spread on the 16th floor of the exclusive Zeckendorf Brothers-developed tower in recent weeks, several people said. (Rodriguez’s broker, Adam Modlin of the Modlin Group, declined to comment.) [more]

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  • Kyle Blackmon, Piofrancesco Borghetti and the apartment

    Recently indicted Italian cosmetics mogul Piofrancesco Borghetti, the former head of perfume company Limoni, has taken his three-bedroom condominium at 15 Central Park West off the sale market and re-listed it as a rental. [more]

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  • 15 Central Park West, PH20

    Manhattan’s once-fabled co-op addresses no longer command the biggest sales prices in the city, and have been upended by newer destination condominium addresses, real estate author Michael Gross writes in the Daily Beast. Co-ops, which often require the buyer to go through a rigorous board approval process, are losing ground to condo buildings that offer an unmatched range of amenities, such as concierges, in-house restaurants, room service and swimming pools. Beginning in 2003, with the Mexican financier David Martinez’s $54.7 million purchase of a penthouse at the Time Warner Center, condos have held the record for highest sale prices. And condos command a higher price per square foot than comparatively-sized co-ops…. [more]

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  • 15 CPW spread trades for $32.5M

    January 10, 2013 01:00PM

    Kyle Blackmon (top left), Tamir Shemesh (bottom left) and the apartment at 15 Central Park West

    A deal for a four-bedroom apartment at 15 Central Park West has closed for $32.5 million, a 92 percent mark up over its last sales price, The Real Deal has learned. The unit, owned by former Lehman Brothers executives Arthur and Evelyne Estey, was listed by Kyle Blackmon of Brown Harris Stevens for $36 million. Tamir Shemesh of the Corcoran Group represented the buyer in the deal, a source said. [more]

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  • In 2012, residential sales broke records

    January 02, 2013 10:00AM

    15 Central Park West, PH20

    From the January issue: Town Residential founder Andrew Heiberger recently dubbed 2012 the “Year of the Penthouse,” due to the recent stream of record-breaking deals. The year started with the now-famous $88 million sale of a penthouse at 15 Central Park West, and before 2012 was done, city-wide records for condo, co-op and townhouse sales had all been broken — some more than once. In 2012, there were 10 sales over $30 million, compared to six in 2011, according to data from the listings website StreetEasy. And at $88 million, 2012’s most expensive sale dwarfs 2011’s $48 million record and 2007’s $50 million top deal. [more]

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  • NYC’s It buildings — past and present

    December 27, 2012 10:00AM

    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]

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  • 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]

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  • Is 15 CPW’s heyday over?

    December 07, 2012 09:30AM

    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]

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  • 15 CPW spread hits market for $59K a month

    November 12, 2012 10:00AM

    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]

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