Blog Archives →

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.

Read more

Central Park South, real estate trends

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

Image courtesy of Vornado Realty Trust and Robert A.M. Stern Architects

A penthouse at 220 Central Park South has sold for $100 million to an undisclosed buyer, the Wall Street Journal reports. The Billionaire’s Row transaction is only the third nine-figure deal to close in New York City, following hedge-fund executive Ken Griffin’s whopping $240 million purchase in the same building earlier this year (the most expensive home ever sold in the U.S.) and tech mogul Michael Dell’s $100.47 million penthouse at nearby One57, which closed in 2014.

More info

Central Park South, condos, Cool Listings, New Developments

Renderings by Hayes Davidson and images by Peter Murdock; courtesy of Douglas Elliman

Once home to the Steinway & Sons piano company, the landmarked building at 111 West 57th Street 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. Originally built in 1925, the Beaux-Arts building will house the lobby for the luxury tower and a small number of apartments, including this 5,200+ square-foot duplex penthouse that just listed for $21 million.

Read more

Central Park South, Construction Update, New Developments

The living room of the 43rd-floor unit; Photo by Peter Murdock

The skinny skyscraper perfectly positioned over Central Park has officially topped out at 1,428 feet, becoming the world’s second tallest residential building. Designed by SHoP Architects, 111 West 57th Street’s super-slender frame allows each of the 46 full-floor and duplex condos to feel like a penthouse. In addition to the Billionaires’ Row tower reaching its pinnacle height at 91 stories, new images released Tuesday provide a first look inside the residences, with 360-degree views of Manhattan and bold interiors conceived by Studio Sofield.

See inside the supertall

Central Park South, Recent Sales

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

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

Billionaire Ken Griffin really likes 220 Central Park South. The hedge fund mogul picked up two more apartments at the Robert A.M. Stern-designed skyscraper last month, less than a year after he bought a record-breaking $240 million penthouse there. The New York Post first spotted the sales, which includes apartments 20H for $1.89 million and 20J for $2.06 million, bringing his total investments at the property to roughly $244 million.

And another one

Central Park South, real estate trends

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

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

Since its first closing nearly a year ago, Robert A.M. Stern’s 220 Central Park South has now surpassed the $1 billion mark in sales according to data compiled by CityRealty. The milestone is definitely not surprising considering this is the same building where Billionaire Ken Griffin bought the country’s most expensive home ever sold for $239,958,219. And with an average sales price of $6,934 per square foot for its 39 total closings, 220 is also the city’s most expensive condo building.

More info ahead

Architecture, Central Park South, condos, Construction Update, Midtown, New Developments

Central Park Tower in early Sept., Photo © 6sqft

Central Park Tower officially topped out on Tuesday, breaking the record set by nearby 432 Park Avenue for the tallest residential building in the world. Reaching 1,550 feet high, the skyscraper at 217 West 57th Street would be the tallest building in New York City if not for the 400-foot spire of One World Trade, as New York Magazine reported. Developed by supertall-specialists Extell, Central Park Tower includes a seven-story Nordstrom flagship store and 179 luxury condos.

Get the details

Central Park South, Upper West Side 

1 Central Park West, Columbus Circle, Donald Trump, Trump International Hotel & Tower, Trump Organization

Photo by Loozrboy on Flickr

The condo board of the glass tower at One Central Park West on Tuesday voted unanimously to retain the Trump name on the signage at the front of the building, the New York Post reports. However, the word “tower” will be removed from the marquee over the front entrance, to be replaced with the building’s address. As 6sqft previously reported, as part of a larger renovation of the Trump International Hotel and Tower in Columbus Circle, the Trump Organization was reconsidering its heavily-branded signage, and some building owners say Trump’s polarizing presidency is depreciating the value of their investments.

A compromise of sorts

Featured Story

Central Park South, Features, Interviews, Restaurants, Where I Work

When Sheldon “Shelly” Fireman opened Redeye Grill across from Carnegie Hall 25 years ago, the term “restauranteur” didn’t exist. But by that point, he’d already gained local celebrity status for Greenwich Village’s all-night Hip Bagel and had the foresight to open Cafe Fiorello near recently completed Lincoln Center. Today, Shelly is the CEO of Fireman Hospitality Group, which operates six restaurants in NYC as well as two on the Potomac River in Maryland. And though he can most definitely be called a restauranteur now, Shelly stands out amongst the myriad food influencers in the city. Though his establishments exude an old-school New York charm and certain nostalgia, he has found the formula to withstand the test of time.

After a 2018 kitchen fire, the iconic Redeye Grill reopened in July. We recently sat down to lunch with Shelly to hear more about his story and take a tour of this classic Midtown restaurant.

Have a look around and meet Shelly

Central Park South, Midtown, New Developments

29 west 57th street, billionaire's row

Cafe Classico, a kosher delicatessen that has occupied the storefront on West 57th Street next door to an 1891 French-style townhouse for 19 years has asked a judge to spare it from eviction, the New York Post reports. The LeFrak Organization and Vornado Realty have plans to build a high-rise tower on the next-door property at 29 West 57th Street, and the deli’s landlord, 35 West Realty Co., has threatened to evict the longtime business over insufficient insurance coverage.

Find out more

SIGN UP FOR OUR NEWSLETTERS

Thank you, your sign-up request was successful!
This email address is already subscribed, thank you!
Please provide a valid email address.
Please complete the CAPTCHA.
Oops. Something went wrong. Please try again later.