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.
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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.
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.
Photo of 220 CPS via CityRealty; photo of Sting via Wiki Commons
It’s been three years since rumors surfaced that Sting and wife Trudie Styler were in negotiations to buy an apartment in ultra-exclusive 220 Central Park South. Since then, they sold their nearby 15 Central Park West penthouse for $50 million and reportedly rented a swanky pad at Zaha Hadid’s High Line condo. But now The Real Deal has confirmed those early whispers and reports that the couple has purchased a $66 million penthouse at the Central Park South building, which has become a magnet for high-wealth house hunters after hedge funder Ken Griffin dropped $238 million on a residence there, becoming the most expensive home in the country.
New rendering of Central Park Tower’s indoor pool, via Extell
In March, Extell Development’s supertall on Billionaires’ Row became the tallest residential tower in the world, surpassing the 1,396-foot-tall 432 Park Avenue. Now, ahead of Central Park Tower’s official topping out scheduled this summer, the developers have released new renderings of its exclusive amenity space, including the indoor pool and full-service lobby. And a handful of the building’s 179 residences will be listed for the first time next week, ranging from a two-bedroom for $6.9 million to a five-bedroom for $63 million.
Photo of Bezos via NMAH’s Flickr; 220 CPS photo via a Vornado Realty Trust and Robert A.M. Stern Architects
While Amazon won’t find a home in New York City, the tech giant’s founder just might. The New York Post reported on Friday that Jeff Bezos has been house hunting in the Big Apple following his recent divorce settlement. Bezos, currently the richest man in the world, checked out apartments at 220 Central Park South, where the most expensive home in the country recently sold.
Listing image courtesy of Compass; photo of Doris Roberts via Wiki Commons
Back in 2017, 6sqft reported that the duplex co-op at 200 Central Park South owned by the late Emmy-winning actress Doris Roberts (you probably know her best as Marie Barone from “Everybody Loves Raymond”) had been listed for $3.3 million. Now the New York Post reports that the two-bedroom duplex has sold for $4 million. The sale included the two apartments owned by Roberts’ estate, plus an adjacent one-bedroom. The buyer, a Broadway producer, plans to combine the apartments into one big duplex within walking distance to the theater district.
Here’s a rare chance to glimpse inside the secretive interiors of 220 Central Park South, which have previously been kept completely private by developer Vornado Realty Trust (h/t NYP). This is the first rental listing to open up in one of New York’s most coveted addresses, where billionaire Ken Griffin closed on a penthouse for just shy of $240 million, setting the record for the most expensive home ever sold in the United States. For $59,000 a month, the 3,114-square-foot home comes with some of the best views in town–even from the bathroom!
220 Central Park South. Image via Vornado Realty Trust and Robert A.M. Stern Architects.
We’ve heard it before, but it’s always a shock to hear about how the city’s tax system undervalues big-ticket apartments in expensive neighborhoods. The Wall Street Journal reports that the effective tax rate on billionaire hedge funder Ken Griffin’s sky mansion at 220 Central Park South comes out to about 0.22 percent–compared with about one percent in the city’s less affluent neighborhoods. The reasoning behind this is tied to a complicated city property tax system that assesses all co-ops and condos as if they were rental properties. Rental income at nearby buildings is assessed in order to estimate a condo’s value.
Via Vornado Realty Trust and Robert A.M. Stern Architects
Update 1/29/19: The penthouse officially closed on January 23, 2019, for $239,958,219, more than was originally reported.
Billionaire Ken Griffin has closed on a penthouse at 220 Central Park South for $238 million, setting the record for the most expensive home ever sold in the United States, as the Wall Street Journal first reported. Griffin, who founded Citadel, first signed the contract to buy a 24,000-square-foot unit at the under-construction tower in 2015. The hedge fund mogul reportedly picked up the pricey digs as “a place to stay when he’s in town,” since his company is looking to expand its footprint in New York City.