The Real Deal New York

Posts Tagged ‘Central Park West’

  • While Central Park West might be better known for its condominiums and pre-war, multi-unit buildings, this single-family home featured by New York Magazine has managed to carve out a niche at 247 Central Park West near 85th Street. The seven-floor, 12,000-square-foot mansion is on the market for $32 million. The townhouse features a basement-level freshwater pool, a private terrace off the master bedroom and a state-of-the-art screening room. Sotheby’s International Realty agent Mara Flash Blum has the listing. As The Real Deal previously reported, the home is owned by a former Coach handbags exec.

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  • alternate textThe Central Park Le Pain Quotidien

    Properly understood, the opening of Le Pain Quotidien, deep in the heart of Central Park, represents one of the most momentous changes to the park in half a century. This highly respected Belgian purveyor of fine breads, salads and soups now has 21 stores in the city, but none of them is as d [more]

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  • The inventory squeeze

    April 23, 2010 04:12PM

    From the April issue: There are still plenty of unsold new construction condos in New York City, especially in areas like Midtown, the Financial District and Williamsburg. But brokers say that months of busy sales activity (combined with some sellers taking their units off the market) is creating a shortage of inventory in some hot spots. Indeed, Miller Samuel’s fourth-quarter market report found that Manhattan inventory was down 18 percent from the previous quarter and almost 25 percent over the fourth quarter of 2008. In some neighborhoods, buyers are increasingly frustrated because they can’t find the type of apartment — often resale condos or prewar co-ops — they want. As a result, the competition for those apartments, when they do come on the market, can make the downturn seem like a distant memory. This month, The Real Deal asked brokers to identify the types of Manhattan apartments facing the worst shortages. [more]

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  • Robert Weinstein, who runs Weinstein Company
    with his brother, Harvey Weinstein, has put his 6,500-square-foot
    duplex at the Beresford on the market for about $34 million, according to the Observer. Weinstein
    bought the home, at 211 Central Park West between 81st and 82nd
    streets, for $20 million in September 2004. The $34 million price tag
    is more than any unit has ever sold for in the building. Investor Bill
    Ackman spent $26 million on a duplex one floor above Weinstein’s unit,
    and Jerry Seinfeld bought a duplex in the building for $4.35 million 10
    years ago. Brown Harris Stevens’ Ileen Schoenfeld, who listed the home
    five years ago when Weinstein bought it, is reportedly representing the
    unit. [more]

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