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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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Central Park South, condos, Cool Listings, New Developments

Photo by Evan Joseph

It’s been nearly two years since sales launched at Extell’s Central Park Tower and one year since the 1,500-foot condominium topped out along Central Park South, making it the tallest residential building on the globe. And now, we’ve got our first look inside one of the enviable apartments at this Billionaires’ Row building. The model residence is a 3,401-square-foot, three-bedroom corner unit on the 43rd floor, priced at $17,500,000. Not surprisingly, the interiors are decked out to the nines, but, of course, it’s the insane views we can’t stop ogling.

Take the full tour

Central Park South, Cool Listings

Images courtesy of Brown Harris Stevens

A heated pergola, outdoor kitchen with both barbecue and teppanyaki grills, beer taps, a wine fridge, entertainment center, outdoor lounge, and a recreation “lawn” — this is just some of what you’ll get at this Central Park South‘s wrap-around rooftop terrace. The two-bedroom penthouse at 152 West 58th Street also has incredible views of the adjacent skyscrapers along Billionaires’ Row, including the famous Essex House sign that reflects into the glass of One57. The interiors are super open and sleek, and the home has just hit the market for $2,490,000

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Central Park South, Cool Listings

Photo credit: VHT, courtesy The Corcoran Group

Old and new NYC collide in this $769,000 studio that’s roughly 600 square feet. It’s located at 100 West 58th Street, a classic 1928 Rosario Candela-designed apartment building. But today, this location, just a block south of Central Park at the corner of 6th Avenue, puts it smack in the middle of Billionaires’ Row. And with a sizable separate kitchen and enough room for two distinct areas in the living space, it’s quite a reasonable buy.

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Central Park South, Cool Listings

Listing photos courtesy of Elegran

As if living in the Plaza wasn’t posh enough, this mansion apartment is the only residence in the building to have a private elevator and a personal grand staircase with a private landing. Of course, it’ll cost you–$46,000 a month. But that gets you 4,665 square feet of space, four bedrooms, four-and-a-half bathrooms, and Central Park views from every window. And the home comes fully furnished.

Take the tour

Central Park South, condos, Cool Listings, New Developments

Listing images courtesy of 111 West 57th Street

Two more listings inside Midtown’s historic Steinway Hall have just hit the market: a two-bedroom with a private terrace for $8,750,000 and a four-bedroom duplex seeking $17,995,000. The landmarked building at 111 West 57th Street was designed by renowned firm Warren & Wetmore and finished in 1925. The longtime home of the Steinway & Sons piano company was acquired by developers JDS Development, Property Markets Group, and Spruce Capital Partners in 2013 for $217.5 million and has since become incorporated into SHoP Architects’ super-slender supertall tower rising next to it. The Beaux-Arts structure serves as the project’s grand entryway and will hold the amenity spaces and a small handful of residences designed by Studio Sofield. We previously got a look inside the striking duplex penthouse that hit the market for $21 million last November—a price it still holds.

Get a look around

Central Park South, Cool Listings

All photos courtesy of Douglas Elliman

Russian oligarch and co-owner of Moscow’s Domodedovo Airport Valery Kogan and his wife Olga Kogan have put their insanely opulent Plaza apartment on the market for $45 million. The billionaire couple bought two units in the iconic building in 2007/2008 for $26 million and then combined them, according to the Wall Street Journal. The massive home that they’re now trying to unload–which the listing describes as being “reminiscent of French royalty”–is dripping with gold detailing, crystal chandeliers, ornate moldings, and a master bathroom wrapped from floor to ceiling in imported onyx. It even has an alcove in one of the building’s turrets.

You’ve gotta see this place to believe it

Architecture, Central Park South, New Developments

Renderings courtesy of Extell Development Company

As Extell Development’s Central Park Tower nears the finish line, newly released renderings of the Billionaires’ Row supertall are giving us a peek into the private residential club that will occupy the 100th floor with a suite of high-end amenities. Reaching over 1,000 feet in the sky, the amenity space, called the Central Park Club, will be the highest lounge of its kind in the world, offering hard-to-beat views over Billionaires’ Row and Central Park.

And the views are exceptional

Central Park South, real estate trends, Recent Sales

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

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

Despite some trepidation about the luxury sales market, the year is finishing strong, at least near Billionaires’ Row, which was just named the most expensive street in the entire world. As the NY Post first reported, property records filed today show a $92.7 million penthouse sale at 220 Central Park South, making it the third-most-expensive NYC 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. Though it was purchased by an anonymous LLC, the Wall Street Journal uncovered that billionaire hedge-funder Daniel Och is the buyer.

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Archtober2020