The Real Deal New York

15 CPW spread hits market for $59K a month

Apartment could appeal to One57 buyers waiting for the Extell tower to be completed
By Katherine Clarke | November 12, 2012 10:00AM

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.

A one-year stay may be ideal for buyers at Gary Barnett’s One57. As The Real Deal previously reported, buyers at the 95-unit, Christian de Portzamparc-designed tower at 157 West 57th Street may need a place to cool their heels until construction is completed in 2013. Rentals at nearby 15 Central Park West, the Time Warner Center and the Plaza Hotel & Residences are convenient options.

The 3,478-square-foot unit is on the eighth floor of the building and features 50 feet of frontage directly on Central Park. It has 10-foot ceilings, herringbone floors and access to the building amenities: a fitness center, a 75-foot lap pool, a private dining room, a screening room and spa treatment facilities.

The property is owned by Victory East LLC; the limited liability company purchased it in 2007 for $11.15 million, public records show. The managing member of the LLC is listed on public records as Gerald Ross, an attorney at the law firm of Fryer & Ross. Rocco declined to comment on the ownership, saying only that the unit is owned by an investor.

The unit will be available as of February 1, according to the listing.