15 Central Park West | TRD Research
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15 Central Park West

15 Central Park West
New York, NY 10023
Residential, Sales, Condo, Multifamily

The sponsor(s) filed plans on 04/29/05 for a condo project at 15 Central Park West with 220 residential units. The sponsor(s) were approved to market the units for sale on 09/08/05. TRData has determined that the sponsor(s) have sold more than 80 percent of the sponsor units in the building.

  • Address 15 Central Park West
  • neighborhood Upper West Side
  • borough Manhattan
  • developer ZECKENDORF DEVELOPMENT
  • owner entity W2001Z/15 CPW REALTY, LLC
  • PLANS DISCLOSED 04/29/2005
  • LIST/LAUNCH SALES 09/08/2005
  • AG Initial Price $ 1,733,917,000
  • ag file plans 04/29/2005
  • AG FILE Link
  • residential units 220
  • commercial units 0
  • hotel units 0
  • total units 249
  • const. status CONDO COMPLETE
  • block and lot 1-01114-7503
  • BIN 1083834
Condominium Units+
  • Event Residential Sales
  • Building Name 15 Central Park West
  • Address Unit 1819B, 15 Central Park West
  • Unit 1819B
  • Neighborhood Lincoln Square
  • Borough Manhattan
  • Square feet 5,602
  • Price $ 45,000,000
  • Price per foot $ 8,032.85
  • Publication Date 11/25/2015
  • Event Date 11/12/2015
  • Party 1 Entity 15 Cpw Phb (Nyc) LLC
  • Party 1 Entity Evergreen 15 Cpw LLC
  • Event Retail Leasing
  • Address 15 Central Park West
  • Neighborhood Lincoln Square
  • Borough Manhattan
  • Square feet 25,000
  • Publication Date 08/01/2008
  • Event Date 06/22/2008
  • Party 1 Zeckendorf Development
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Gene Spiegelman
  • Party 2 West Elm
  • Party 2 Brokerage Retail Strategies
  • Party 2 Broker Mark Finkelstein
notes
The home furnishings retailer signed a lease for 3,000 square feet of ground-level space and 22,000 square feet on the second floor. The reported asking rent was $400 per square foot on the ground floor and $125 per square foot for the upper-level space.
  • Event Retail Leasing
  • Address 15 Central Park West
  • Neighborhood Lincoln Square
  • Borough Manhattan
  • Square feet 11,000
  • Publication Date 08/01/2008
  • Event Date 06/22/2008
  • Party 1 Zeckendorf Development
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Gene Spiegelman
  • Party 2 Chase
  • Party 2 Brokerage Zelnik & Company
  • Party 2 Broker Cory Zelnik
notes
The bank inked a lease for an 8,000-square-foot ground-floor space and a 3,000-square-foot second-floor space. The reported asking rent was $400 per square foot on the ground level and $125 per square foot on the second floor. The new branch will replace an existing one at Broadway and West 64th Street, allowing restaurateur Daniel Boulud to claim the space and expand his Bar Boulud next door.
  • Event Retail Leasing
  • Address 15 Central Park West
  • Neighborhood Lincoln Square
  • Borough Manhattan
  • Square feet 46,000
  • Publication Date 12/01/2006
  • Event Date 10/22/2006
  • Party 1 Zeckendorf Development
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Gene Spiegelman
  • Party 2 Best Buy
notes
The consumer electronics retailer inked a $75 million, 15-year lease that includes 6,200 square feet of ground-floor retail space and 65 feet of frontage on Broadway.
  • Event Sales
  • Building Name Mayflower Hotel site
  • Address 15 Central Park West
  • Neighborhood Lincoln Square
  • Borough Manhattan
  • Price $ 401,000,000
  • Publication Date 07/01/2004
  • Event Date 05/22/2004
  • Party 1 Goulandris family
  • Party 2 JV of W. and A. Zeckendorf, Whitehall fund, Eyal Ofer-led co.
notes
Sold for approximately $690 per buildable square foot

12/20/2017
And a slew of big-ticket properties that went into contract recently could boost 2018’s numbers. Earlier this month, a buyer went into contract to pay $80 million for 12 East 69th Street, the townhouse owned by Vincent Viola, CEO of Virtu Financial and owner of the Florida Panthers who was also President Trump’s first nominee for Secretary of the U.S. Army. Sources told the Wall Street Journal the buyer paid $50.5 million for Bob Diamond’s penthouse at 15 Central Park West...

12/13/2017
The year’s big winner in terms of sales volume was 56 Leonard Street, where 65 units sold for a total of $636 million, at an average of $9.8 million per unit. The most expensive condo building last year was 15 Central Park West, with six sales averaging $7,350 a square foot...

08/18/2017
(Credit: Cat Callaghan and Constantine Valhouli, click to enlarge) If you want to own the priciest listing (per square foot) in New York, a duplex (Credit: Cat Callaghan and Constantine Valhouli, click to enlarge) If you want to own the priciest listing (per square foot) in New York, a duplex...

08/01/2017
TRD also learned that some buildings (like 15 Central Park West) held their value well, giving buyers millions of dollars of upside...

09/01/2016
New construction, however, has been the driver of the high-priced condo development. Over the past five decades, 2005 saw the highest combined sellout dollar volume for condo filings, at $16 billion (adjusted for inflation). That year saw blockbuster filings like 15 Central Park West and the Plaza Hotel...

07/01/2016
Compass’ Kyle Blackmon, No. 24 in 2014, fell off last year’s list after leaving BHS, where he was one of the highest-grossing brokers. This year, Blackmon regained his footing and took the No. 20 spot, partly buoyed by a $29.5 million pad at 15 Central Park West, where he made his name in the late aughts...

05/01/2016
“The impact of Mercedes/Berk is just being felt now, and it’s exceeding all forecasts,” said CEO Stuart Siegel, noting that Mercedes/Berk had a track record at key buildings such as 15 Central Park West...

12/31/2015
The unit smashed New York’s previous $88 million record, set at 15 Central Park West, and ushered in the age of the triple-digit price tag...

12/23/2015
Clockwise from top left: 15 Central Park West, One57, co-op at the Sherry-Netherland and renderings of the Charles and Carlton House If one had to Clockwise from top left: 15 Central Park West, One57, co-op at the Sherry-Netherland and renderings of the Charles and Carlton House If one had to...

07/15/2015
Fourth in the ranking was Zeckendorf Development’s limestone classic, 15 Central Park West, with $194.3 million in resales across just 14 units...

04/01/2015
Haber said the penthouse at 15 Central Park West that sold three years ago in December 2011 for $88 million would command north of $100 million today...

08/01/2014
It’s $6,000-plus-per-square-foot asking price even comes close to the average price for listings and in-contract sales at three of New York City’s highest-profile buildings: 15 Central Park West, One57 and 432 Park Avenue...

07/01/2014
BHS’ Kyle Blackmon comes in at No. 24 with a total of $135.8 million in dollar volume. That, however, does not include a $48 million duplex he closed days before TRD’s cutoff at 15 Central Park West, which had been listed at $62.5 million...

07/01/2014
The average price per square foot for listings and in-contract sales at those two buildings and at the swanky nearby 15 Central Park West was $7,391 last month, according to TRD’s analysis...

03/01/2014
Next are those who have the $70 million to spend on a new condominium in a building like 15 Central Park West, but would rather spend a lesser amount, preferring the stock market or other types of investment to real estate...

01/01/2014
Indeed, 2013’s top five Manhattan residential deals totaled $162.13 million, a 47 percent drop from 2012’s $306.5 million. In addition, the highs weren’t so high: the most expensive closed sale was the $42 million purchase of a sponsor unit at 18 Gramercy Park, compared with the $88 million sale of financier Sanford Weill’s apartment at 15 Central Park West in 2012...

05/01/2013
Click for larger view Call them the in-betweeners. They’re too small for the top firms list and too big for the boutiques. They’re New York Click for larger view Call them the in-betweeners. They’re too small for the top firms list and too big for the boutiques. They’re New York...

05/01/2013
While the firm keeps a relatively low profile, it’s known for its high-end listings in buildings such as 15 Central Park West...

01/01/2013
Barkin’s $40,000-a-month, three-bedroom rental was in the high-profile 15 Central Park West and tied for the 15th priciest rental of 2012...

01/03/2012
Even in a year marked by continued economic malaise, buyers, sellers, landlords, lenders, builders, investors and even tourists broke records in New York in 2011.Even in a year marked by continued economic malaise, buyers, sellers, landlords, lenders, builders, investors and even tourists broke records in New York in 2011....

09/01/2010
He has discovered that while becoming a broker specialist has its advantages, it also carries risks. “Our challenge is to have see us as the key person for Met Tower and a viable broker for their apartment at 15 Central Park West or their townhouse,” he said...

04/01/2008
Sloane Mansion on East 68th Street â€' a townhouse listed by Brown Harris Stevens senior vice president and managing director Paula Del Nunzio for $64 million â€' garners its asking price, it would set a new record. This year is certainly on pace to see some eyebrow-raising deals, with four deals at 15 Central Park West around the $50 million market slated to close soon...

03/04/2008
At the highest end of the market, there are standout Midtown buildings like 15 Central Park West and the Plaza, where some investors are offering their units for rent, but some pricey rental units have languished on the market without takers...

07/01/2007
"In the high end of the market, $3,000 a square foot was never a foreign concept, but now it's such a commonplace in the market," said the Elliman executive vice president. "When 15 Central Park West is selling for $6,000 a square foot, it's apparent that the high end is really driving the market...

04/01/2007
The balance of power is shifting a bit from the Upper East Side to the Upper West Side, with mega-sales occurring at new projects like 15 Central Park West and the Time Warner Center, which had three of the top 25 sales in the past year...

...million. The week's two priciest contracts were at 15 Central Park West and 551 West 21st Street. View the full report online here...

...a 14 percent year-over-year. The most expensive building is 15 Central Park West, which had an average price of $6,339 per square foot. View the full report online...