Central Park South

Architecture, Central Park South, New Developments

See inside Central Park Tower’s 100th floor residential club

By Alexandra Alexa, Today, January 27, 2020

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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Central Park South, Manhattan, Midtown, real estate trends

Looking north towards Billionaires’ Row in early October © 6sqft 

A new study of the top “ultra-prime” locations in the world dispels any doubt that Billionaire’s Row is living up to its name. London-based property consultancy Knight Frank, along with Douglas Elliman, looked at the number of homes sold for over $25 million since 2015 and found the greatest concentration along Midtown’s 57th Street, where 41 transactions have been closed in the last five years at an average price of $38.5 million. Manhattan cracked the top ten three more times, with Central Park South coming in third, followed by Park Avenue and Fifth Avenue in fourth and seventh place.

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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, Midtown

Photo courtesy of Netflix, by Marion Curtis

In a press release yesterday, Netflix announced that it reached a lease agreement to preserve Midtown’s iconic Paris Theatre and keep it open for “special events, screenings, and theatrical releases of its films.” Last month, Netflix premiered its new movie “Marriage Story” in the Paris, and with talks of the 58th Street site potentially getting redeveloped, many hoped the company would find a longer-term residency in the 71-year-old theater, which was NYC’s last single-screen movie house.

More details

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.

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Central Park South, Design, Restaurants

All photos by Floto + Warner

After much anticipation, Nordstrom opened its new NYC flagship last week. Located inside Billionaires’ Row supertall Central Park Tower (the current world’s tallest residential building), the seven-story department store offers such perks as stroller cleaning and shoe repairs and stocks “more than 10,000 handbags, 100,000 pairs of shoes, and 6,000 pairs of jeans,” according to amNY. And in addition to all this retail excess, the store also has seven food and beverage options, including Broadway Bar, a cocktails and small plates restaurant on the third and fourth floors. Designed by Rafael de Cárdenas / Architecture at Large, Broadway Bar uses muted hues and subtly curved geometry to create a calm escape within the store. Ahead, get a better look at the space.

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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, City Living, Midtown

Paris Theatre, Midtown

Photo by Ajay Suresh on Flickr

In August, Midtown’s 71-year-old Paris Theatre closed its doors when its lease with developer Sheldon Solow ended. The 581-seat theater was NYC’s last single-screen movie house and was known for showing indie and foreign, especially French, films. But the iconic establishment on 58th Street will open its doors once more next month; Deadline reports that Netflix has worked out a deal with Solow to screen its upcoming movie “Marriage Story” in the Paris when it premiers on November 6th.

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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

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