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Central Park South, real estate trends

Photo credit: Evan Joseph

Central Park Tower, the world’s tallest residential building, has officially unveiled New York City’s most elevated (literally) private club on the condominium tower’s 100th floor. Perched more than 1,000 feet above Billionaires’ Row, the high-flying portion of the building’s Central Park Club offers residents of the building’s 179 condominiums a suite of private dining and entertaining spaces with incomparable views. Extell Development Company’s 1,500-plus-foot-tall tower is also home to the Nordstrom flagship retail store located at its base.

Gaze at the city from the 100th floor

Central Park South, Cool Listings

All photos courtesy of Douglas Elliman

On the 12th floor of the iconic copper-topped Hampshire House co-op at 150 Central Park South, this 2,640-square-foot residence has a parkside seat and the views to match. Asking $5,995,000, the three-bedroom (or two bedrooms and a dreamy den) classic seven is a combination of two units for an unusually spacious layout, rooms to spare, and an alternate floor plan in case you need ideas on what to do with all of them. Pre-war bones, a private south-facing balcony, and warm-toned herringbone floors tie it all together.

More park views and big, sunlit rooms, this way

Central Park South, Recent Sales

220 Central Park SOuth, Vornado, Robert A.M., Stern

Via Vornado Realty Trust and Robert A.M. Stern Architects

Earlier this month it was reported billionaire Daniel Och sold his penthouse at 220 Central Park South for $190 million, roughly double what he paid for the home in 2019. While the identity of the buyer was unknown at the time, city records first reported last week by Bloomberg show Blue Pool Capital, the firm that manages some fortunes of Alibaba co-founders Joe Tsai and Jack Ma, paid $188 million for the property.

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Central Park South, real estate trends, Recent Sales

220 Central Park South. Photo by Jim.henderson (cropped) via Wikimedia Commons.

Billionaire Daniel Och has sold his penthouse at 220 Central Park South for an astounding $190 million, nearly double the amount he paid for the home in 2019. As first reported by the Wall Street Journal, the sale marks one of the most expensive deals ever in New York. The buyer has not been disclosed.

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Central Park South, Cool Listings

1,300-foot-high duplex at Central Park Tower asks $150M

By Devin Gannon, Tue, August 17, 2021

Courtesy of Extell Development

For $150,000,000, a luxury apartment situated 1,300 feet above ground can be yours. As first reported by Bloomberg, the available duplex is located on the 127th and 128th floors of Central Park Tower, the tallest residential building in the world. According to the listing, the eight-bedroom “trophy home” is the highest duplex in the skyscraper, which stands more than 1,500 feet tall over Central Park. If it fetches the asking price, it would become the third most expensive sale in New York City ever.

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Central Park South, condos, New Developments

All photos by Evan Joseph

As residents start to move into the world’s tallest residential building, we’re getting another look at one of the impressive residences there. The three-bedroom, three-bathroom on the 66th floor of the Central Park Tower, the 1,500-foot tall condo tower on Billionaires’ Row, has interiors designed by Australian-based Blainey North & Associates and features bold and elegant, but welcoming, elements throughout. The 3,165-square-foot sky-high home with incredible city and Central Park views is asking $21,890,000.

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Celebrities, Central Park South, real estate trends, Recent Sales

220 Central Park South as seen in May 2020. Photo by Jim.henderson (cropped) via Wikimedia Commons.

As was first reported by the Wall Street Journal in June, a buyer shelled out $157,500,000 for two units at 220 Central Park South. Property records showed the $82.5 million purchase of the 60th-floor unit and the $75 million purchase of the 61st-floor unit, both made using an LLC. But CNBC has now revealed that the buyer is billionaire Joe Tsai, Alibaba co-founder and owner of the Brooklyn Nets. The sale is the second biggest in New York City history and the third-largest ever in the U.S. The number-one spot occurred at the same Billionaires’ Row tower, with billionaire Ken Griffin’s $238 million purchase in early 2019.  Read more

Central Park South, Cool Listings

Listing photos by Heidi Solander for Sotheby’s International Realty

The Osborne co-op was built on the northwest corner of 57th Street and 7th Avenue in 1885 as one of NYC’s first grand apartment buildings. Just four years later, Carnegie Hall would rise across the street, cementing its stature among the city’s elite addresses. A two-bedroom apartment in the building has hit the market for $3,500,000, and just by looking at its opulence, one feels transported back to the 19th century. From the imposing coffered ceilings and stately columns to the decadent fabrics and gilded decor, the home offers an old-world sophistication not often found anymore.

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Central Park South, condos, Cool Listings, New Developments

Penthouse 72 Loggia, courtesy of 111 West 57th Street

Two new impressive units just hit the market at New York City’s most slender supertall. At 111 West 57th Street, a three-level, four-bedroom penthouse with over 7,000 square feet of interior space and an additional 1,367 square feet in private outdoor space with picture-perfect views over Central Park has hit the market for $66 million. And a duplex with three bedrooms and unobstructed park views is now asking $39.5 million. The latest multi-million dollar listings at the Billionaires’ Row tower come after two $30 million units sold earlier this summer during the coronavirus shut down, giving a boost to the city’s nearly stagnant luxury market.

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Central Park South, real estate trends, Recent Sales

Photo of 220 Central Park South in front of 111 West 57th Street (cropped) by Jim Henderson via Wikimedia Commons

As of July 1, 2020, the average price per square foot for a New York City condo came in at $1,110, according to CityRealty. But this duplex penthouse at 220 Central Park South sold for a whopping $12,164 per square foot. First spotted by The Real Deal and confirmed in city property records, PH 76 at the Billionaires’ Row tower just closed for $99,903,375, making it the third-most-expensive sale ever, behind billionaire Ken Griffith’s $238 million purchase also at 220 CPS in early 2019 and Michael Dell’s $100 million buy at One57 in 2015. The sale takes the number-three spot from a $92.7 million sale at 220 CPS, which sold in late 2019 to billionaire hedge-funder Daniel Och.

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