San Remo poised for new sales records

TRD New York /
Sep.September 14, 2010 11:30 AM

BHS’ John Burger and San Remo

The San Remo, the legendary twin-towered co-op at 145 Central Park West, is primed to shatter its own sales records with one apartment in contract for upwards of $15 million and another on the market for $20 million, according to the Wall Street Journal. The first, a 19th-floor apartment with a 2,500-square-foot terrace that was listed for $17.5 million with John Burger of Brown Harris Stevens, went into contract last week. If it closes, it would be the highest-priced sale ever in the iconic building, which has been home to celebrities like Rita Hayworth, Bono and Steven Spielberg, thanks to a notably lax co-op board that doesn’t tend to shy away from big names as much as its peers across the park. (Though, the San Remo’s board did notoriously reject Madonna in 1985). But a $15 million-plus record sale would likely not hold that title for long: the 11-room apartment four floors below has already set a record with its $20 million listing price, and brokers say the very top of the market in New York City is holding strong despite a bleak residential market elsewhere. The 4,250-square-foot apartment, which is also listed by Burger, has three bedrooms, including a master suite that boasts a 23-foot spa bath and dressing room. [WSJ]

 

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