Central Park South

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

Listing photos courtesy of Brown Harris Stevens

One57 was the first supertall (and super pricey) tower to rise below Central Park on 57th Street, leading to an influx of similar developments and the creation of “Billionaires’ Row.” At the OG tower, only two of its nearly 100 units have private balconies, and one of these coveted condos just hit the market for $4,200,000 (a relative bargain for this location). The one-bedroom has a 30-foot-long, 400-square-foot terrace that sits behind One57’s signature curving glass and offers amazing southern city views.

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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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Central Park South, Events, Midtown

All photos by The Brinsons

Midtown’s Paris Theater is New York City’s longest-running arthouse cinema and only remaining single-screen movie theater. On August 6th, the historic theater on 58th Street will hold its grand re-opening following a renovation that added new carpeting, drapes, and a marquee. After opening in 1948, the 571-seat theater closed in 2019 when its lease expired. But later that same year, Netflix announced that it reached a lease agreement to preserve the landmark and keep it open for “special events, screenings, and theatrical releases of its films.”

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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, real estate trends

Photo by Sebastiandoe5 via Wikimedia Commons

An $88 million profit? That’s what the current owner of the 96th-floor penthouse at supertall tower 432 Park Avenue is hoping to achieve. As the New York Times first reported, billionaire Saudi real estate developer Fawaz Alhokair has listed his apartment at the 1,400-foot-tall condo for $169 million, double what he paid for it in 2016. If it fetches the asking price, it would become the second most expensive home ever sold in New York City and would set a record with its $20,500 per square foot price tag.

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