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Celebrities, Central Park South, Cool Listings, Midtown

After making several attempts to sell his pad, fashion designer Tommy Hilfiger is relisting his lavish penthouse apartment in the Plaza for $50 million. Hilfiger and his wife, Dee Ocleepo, first listed the apartment at 1 Central Park South in 2013 for $80 million. After dropping to $75 million in March 2015 and then $69 million, the most recent relisting had the property on the market for $58.9 million in April (h/t Mansion Global). The couple paid roughly $20 million in renovations for the 5,600-square-foot duplex, which features marble-clad rooms, vintage limestone fireplaces from England and a domed room that features a custom-designed “Elouise” mural designed by the children book’s illustrator Hilary Knight.

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Central Park South, Policy

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Just two days after Mayor de Blasio spoke publicly of his idea to add contextual plaques to controversial statues around the city instead of razing them, Public Advocate candidate and Columbia University history professor David Eisenbach has proposed a completely different plan. In reference to City Council Speaker Melissa Mark-Viverito’s call to remove Central Park’s Columbus statue based on accounts that the explorer enslaved and killed indigenous people, Eisenbach suggested an alternative where Columbus Circle would be divided into public educational “plazas.” As reported by DNAinfo, these would include three parts of the Circle for “Conquest, Slavery, and Immigration.” Instead of taking down the monument, he believes this would “tell the story of Columbus’ legacy, the good, the bad, and the ugly.”

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Central Park South, condos, New Developments, Policy

111 West 57th Street, Central Park tower

Things have been shaky for 111 West 57th Street since it came to light last month that construction on the world’s will-be skinniest skyscraper was stalled at just 20 stories after Property Markets Group‘s Kevin Maloney and JDS Development’s Michael Stern were sued by real estate investment corporation and owner AmBase. Trying to salvage their $66 million investment, Ambase filed an injunction to stop lender Spruce Capital from seizing the $1 billion project, but yesterday a Supreme Court judge ruled that a strict foreclosure could move forward, meaning AmBase will likely lose its majority ownership, according to Crain’s. On the flip side, the developers will now be able to proceed with construction on the 1,421-foot Billionaires’ Row tower, whose units started going into contract earlier this month.

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Central Park South, Policy

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“Christopher Columbus is a controversial figure for many of us, particularly those that come from the Caribbean,” said Puerto Rican-born City Council Speaker Melissa Mark-Viverito. According to DNAinfo, Viverito is calling on the city to consider removing the Columbus Circle statue of the Italian explorer as part of their larger 90-day review of “symbols of hate.” She first introduced the proposal on Monday at a rally in East Harlem to remove another controversial statue, that of Dr. James Marion Sims, who achieved his title as the father of modern gynecology by performing experiments on slaves without consent and without anesthesia. Columbus, honored for discovering the Americas, is also believed to have enslaved and killed many of the indigenous people he encountered. In response, the Mayor’s office said the proposal will receive “immediate attention.” But of course, not everyone is happy about it.

Both sides of the debate

Central Park South, New Developments, Starchitecture

111 West 57th Street, Central Park tower

Rendering of 111 West 57th Street via Property Markets Group

Just last week, 6sqft covered the financial and legal woes of Property Markets Group and JDS Development’s super tall and slender tower at 111 West 57th Street. Despite reports that construction had stalled over budget overruns and a potential foreclosure, the first condominiums, at what is lined up to be the world’s future tallest residential skyscraper, just went into contract (h/t The Real Deal). While Apollo Commercial Real Estate Finance, which issued a $325 million mezzanine loan for the project, did not share exactly how many units out of 60 are under contract, CEO Stuart Rothstein told TRD, they sold at “prices well over (Apollo’s) basis.”

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Architecture, Central Park South, condos, New Developments, Starchitecture

111 West 57th Street, terra cotta, SHoP Architects, BKSK, skyscraper, skylines, JDS Development, WSP (1)

The construction of Property Markets Group and JDS Development’s 1,421-foot-tall tower at 111 West 57th Street has been the subject of much anticipation and excitement, as it’s slated to be among the tallest residential skyscrapers anywhere and the world’s most slender with a height-to-width ratio of 24:1. But after rising only 20 stories, the SHoP Architects-designed Billionaires’ Row addition has stalled, plagued with budget overruns and headed for foreclosure, the New York Post reports.

What could possibly have happened?

Celebrities, Central Park South, Cool Listings

Emmy-winning actress and animal-rights activist Doris Roberts (you probably know her best as Marie Barone from “Everybody Loves Raymond”) passed away in April at the age of 90, and her estate has now put her classic duplex co-op on the market for $3,295,000 (h/t NY Post). The five-bedroom apartment at 200 Central Park South boasts a marble foyer, two terraces with partial park views, and oversized windows.

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Architecture, Central Park South, Midtown, Urban Design

432 park, 432 park avenue, rafael vinoly, 432 park lighting design

Just in case you had trouble spotting the Western Hemisphere’s tallest residential tower, beginning Monday, 432 Park Avenue will debut a brand new lighting feature that will turn the 1,396-foot supertall into a glowing beacon. As LLNYC reports, 32 LEDs will fill the tower’s five open-air “drum floors” where the building’s mechanicals are situated. 432 Park‘s starchitect, Rafael Viñoly, worked with HDLC Architectural Lighting Design to develop the scheme.

more details here

Celebrities, Central Park South, Cool Listings, Midtown

All-American fashion designer Tommy Hilfiger bought three separate condos in the Plaza in 2008 for a combined $25 million. He and his wife Dee Ocleppo then embarked on a very internationally influenced, $20 million renovation that combined the units into one opulent, 5,600-square-foot duplex, complete with marble-clad rooms, vintage limestone fireplaces from England, and a domed room inside one of the building’s iconic turrets that features a custom-designed “Eloise” mural by the books’ illustrator Hilary Knight. The couple listed the apartment in 2013 for $80 million, but despite its lavish interiors, it’s been on and off the market since then, its price dropping to $75 million in March 2015 and to $69 million a few months ago. The Wall Street Journal now reports that it’s reappeared with even sharper discount, dropping 26 percent to $58.9 million.

Take a tour of the incredible home

Central Park South, Midtown, New Developments

140 West 57th Street, Billionaires' Row, Feil Organization

Recent reports that the luxury housing market is slowing down may soon be dismissing Billionaires’ Row, where several sites are in question to add to the strip’s uber-high end array of residential offerings. The latest is at 140 West 57th Street, the Feil Organization’s office tower right across from One57. The Post tells us that leases are not being renewed for tenants in the 14-story, landmarked building, where the developer “is said to have already drawn up floor plans for apartments.”

The full story ahead

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