Meridian CEO re-lists 15 CPW pad for $24M

TRD New York /
Feb.February 16, 2012 05:30 PM

Having just announced that his company has issued $55.2 million in financing for office and multi-family buildings across the city, William Lawrence, the CEO of Meridian Capital Management, is now trying to find a buyer for property he owns personally.

Lawrence has relisted his 2,761-square-foot, three-bedroom spread on the 37th floor at 15 Central Park West, according to data from Streeteasy.com, just eight months after he last took the property off the market. The apartment, which is listed with Paula Del Nunzio of Brown Harris Stevens and was purchased by Lawrence and wife Gloria for just under $10.7 million in 2008, is asking $23.95 million.

The apartment was first placed on the market in April 2011, The Real Deal previously reported, with the same 124 percent mark-up on the Lawrences’ purchase price. The price hike might be justified, it was previously noted, by the couple’s recent renovation of the unit. It was later taken off the market in June, for undisclosed reasons.

The unit has views of Central Park and the Hudson River, a living room with 11-foot ceilings, a library and a guest suite, according to the listing.

There are only two other active sales listings at the exclusive 15 Central Park West; they include a 1,987-square-foot, two-bedroom unit on the third floor, which is asking $7.4 million, and a 3,831-square-foot unit on the 15th floor, asking $35 million. The latter came on the market two months ago and is listed with Dolly Lenz, an agent at Prudential Douglas Elliman. The former hit the market in October, and is listed with Kyle Blackmon, senior vice president at Brown Harris Stevens.

It’s been an eventful day for Lawrence’s Meridian. This afternoon, the company announced the $55 million of transactions in Manhattan, Brooklyn, Queens and the Bronx, including a new $44 million mortgage on a 17-story Office Building On East 45th Street.

Del Nunzio and Lawrence did not immediately respond to requests for comment.


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