New price, new broker… new layout?
When Toll Brothers City Living first listed the penthouse at 1110 Park Avenue in 2015, the $35 million price tag was justifiable in a luxury market that hadn’t yet turned. Three years later, the...
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The Latest
Former Avon CEO takes $600K loss on swanky Park Avenue condo
In yet another sign of the weakening ultra-luxury market, former Avon CEO Andrea Jung sold her apartment at Toll...
Luxury contracts slowed in mid-January: Olshan
The luxury market’s simmering start to the new year has cooled, though it’s still warmer than it was at...
Toll Brothers City Living division struggles in FY 2016
The super-luxury condo party in New York City is over. That was the message Toll Brothers CEO Doug Yearley...
Park Avenue pads lose panache
Its aging office buildings are struggling with rising vacancies and competition from new developments at Hudson Yards. And even the seemingly invincible luxury market is having a hard time. Park Avenue, it seems, is at risk...
Toll Brothers profits by focusing on “moderate luxury”
Toll Brothers’ focus on “moderate luxury” in the face of a high-end slowdown appears to be paying off: the...
Former Avon CEO Andrea Jung pays $17.6M at 1110 Park
Former Avon CEO Andrea Jung must have been impressed with the foundation at Toll Brothers’ 1110 Park Avenue.
Price chops ahead at Toll Brothers’ Park Ave. condos
Don’t expect a fire sale, but price drops may loom for Toll Brothers’ luxury condominium projects at 400 Park...
Toll Brothers luxury Park Avenue condo project hurting neighboring co-op prices
The construction of Toll Brothers’ white-glove Condo Building On Park Avenue is causing severe losses of light and views...
Park Avenue residents push LPC to block Toll Brothers project
Typically a buyer of pre-assembled lots, Toll Brothers is wading in unchartered territory with its development plans at Park...