The Real Deal New York

Posts Tagged ‘Time Warner Center’

  • Time Warner Center at 25 Columbus Circle (inset: Andrey Vavilov)

    Time Warner Center at 25 Columbus Circle (inset: Andrey Vavilov)

    The city’s bid to crackdown on shell companies used to purchase luxury properties hasn’t lifted the “veil of secrecy” yet – a 78th-floor Time Warner Center penthouse sold for $51 million late last month to an unnamed buyer, according to property records filed with the city Friday. [more]

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  • The Time Warner Center at Columbus Circle (inset: Kabul Chawla)

    The Time Warner Center at Columbus Circle (inset: Kabul Chawla)

    A federal judge has rejected a lawsuit filed by JPMorgan Chase to prevent an Indian developer from transferring the ownership of his $19.4 million apartment at the Time Warner Center. [more]

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  • From left: Roy Furman, unit 71A at 25 Columbus Circle and Shiv Nadar

    From left: Roy Furman, unit 71A at 25 Columbus Circle and Shiv Nadar

    Time to say “Hasa Diga Eebowai.”

    Tony Award-winning Broadway producer Roy Furman, best known for “The Book of Mormon” and “The Curious Incident of the Dog in the Night-Time,” sold his sprawling Time Warner Center condominium unit for $27 million, according to property records filed with the city Thursday. [more]

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  • The Time Warner Center and Kabul Chawla (inset)

    The Time Warner Center at Columbus Circle (inset: Kabul Chawla)

    JPMorgan Chase is suing to prevent an Indian developer from transferring the ownership his $19.4 million apartment at the Time Warner Center. [more]

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  • Time Warner Center in Columbus Circle

    Time Warner Center in Columbus Circle

    A former resident of the Time Warner Center lost his court battle to sell his unit at the Related Cos. luxury property to a buyer of his choice, with an appellate court ruling that the condo board properly exercised its right of first refusal by demanding that he sell the unit to a building resident instead. [more]

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  • From left: The Time Warner Center, the New York Times building and 432 Park Avenue

    From left: The Time Warner Center, the New York Times building and 432 Park Avenue

    Some of Manhattan’s tallest buildings have been accused of stretching the truth when it comes to their number of floors. Do you know how many stories these buildings actually have? Take our quiz to find out!

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  • Stephen Ross' condo in the Time Warner Center (credit: Architectural Digest)

    Stephen Ross’ condo in the Time Warner Center (credit: Architectural Digest) (inset: Stephen Ross)

    Related Cos. chairman Stephen Ross moved into his two-floor penthouse apartment in Time Warner Center in 2003. Ross has said he sometimes doesn’t leave the buildng, which also houses his office, for two to three days at a time. Now, courtesy of  Architectural Digest, you can glimpse into the mogul’s pad. [more]

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  • From left: Jay Neveloff, the Time Warner Center, Edward Mermelstein and Meg Goble

    From left: Jay Neveloff, the Time Warner Center, Edward Mermelstein and Meg Goble

    More than half of Manhattan luxury apartment purchases were made through shell companies last year — a statistic that has received much attention this week amid new reports focusing on how these corporate veils are sometimes used to move ill-gotten gains.

    That LLCs are often used to optimize tax efficiency on investment properties and avoid unnecessary liability is well known to many in the industry. Some real estate attorneys who have represented foreign buyers in the purchase of Manhattan real estate feel that the connection being drawn between shell corporations, foreign buyers and criminal activity is unfair. [more]

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  • From left: Dimitrios Contominas, the Time Warner Center and Vitaly Malkin

    From left: Dimitrios Contominas, the Time Warner Center and Vitaly Malkin

    The proportion of New York City residences over $5 million whose buyers were shielded by shell corporations climbed to a whopping 54 percent in 2014. [more]

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  • doorman-1

    From left: 15 Central Park West, Time Warner Center and a doorman’s glove

    Owners of high-end condominiums in the city pay 65 percent more per square foot if they live in properties with a doorman, according to CityRealty data. [more]

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  • From left: Dimitrios Contominas and 25 Columbus Circle

    From left: Dimitrios Contominas and Time Warner Center at 25 Columbus Circle

    Greek media mogul Dimitrios Contominas sold his 74th floor apartment at 25 Columbus Circle for $21.4 million, according to property records filed with the city Monday. [more]

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  • No. 71A in 25 Columbus Circle

    No. 71A in 25 Columbus Circle

    A nine-room condominium near the top of 25 Columbus Circle has hit the market asking $35 million. [more]

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  • From left: Cheryl Mercuris, Time Warner Center penthouse, John Gomes and Fredrik Eklund

    From left: Cheryl Mercuris, Time Warner Center penthouse, John Gomes and Fredrik Eklund

    Direct marketing mogul and self-made millionaire Cheryl Mercuris has slashed the asking price for her 3,852-square-foot Time Warner Center penthouse by $7.5 million.  [more]

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  • From left:

    From left: Fredrik Eklund, John Gomes and 25 Columbus Circle (Photos by Donna Dotan Photography)

    A Time Warner Center duplex is on the market for $42.5 million, soaring past the property’s second-priciest unit, a $35 million duplex that hit the market in February. [more]

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  • 25 Columbus Circle

    25 Columbus Circle

    UPDATED, 5:12 p.m., Feb. 11: A three-bedroom duplex condominium at the Residences at the Time Warner Center that last changed hands in 2009 is back on the market for $35 million. [more]

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  • From left: Time Warner Center, Unit #74C

    From left: Time Warner Center, Unit 74C

    A luxury apartment once owned by Veronica Atkins — the wife of the late nutritionist Dr. Robert Atkins — located on one of Time Warner Center’s top floors was listed on StreetEasy this week for $24 million, nearly $8,000 per square foot. [more]

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  • From left: 10 Columbus Circle and a rendering of the Hudson Yards Development Project

    From left: 10 Columbus Circle and a rendering of the Hudson Yards Development Project

    Time Warner Inc. officially announced the planned move of its media headquarters from Columbus Circle to the Related Companies’ Hudson Yards development on the far West Side. [more]

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  • Sheikh Khalifa bin Zayed Al Nahyan, chairman of ADIA, and Time Warner Center

    Sheikh Khalifa bin Zayed Al Nahyan, chairman of ADIA, and Time Warner Center

    Abu Dhabi Investment Authority, a major Middle Eastern sovereign wealth fund, is investing in the Related Companies-led $1.3 billion purchase of Time Warner’s space in their namesake building in Columbus Circle, according to a person familiar with the deal. ADIA is investing alongside Singaporean sovereign wealth fund GIC, who in November pledged $400 million to the acquisition, which is still being negotiated. [more]

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  • 80 Columbus Circle

    80 Columbus Circle

    The asking price for a sky-high unit in the Time Warner Center has changed yet again, this time dropping to $23.5 million. Still, the ask is considerably higher than the $18.5 million price tag when the pad first hit the market in April 2010. [more]

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  • Time Warner Center

    Time Warner Center

    Singaporean sovereign wealth fund GIC is contributing $400 million to the Related Companies-led $1.3 billion purchase of Time Warner’s headquarters in the Time Warner Center. [more]

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