By Dana Schulz, Tue, September 21, 2021
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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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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By Devin Gannon, Thu, July 29, 2021
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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By Dana Schulz, Wed, July 21, 2021
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.”
By Dana Schulz, Tue, July 20, 2021
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
By Dana Schulz, Tue, June 29, 2021
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.
By Dana Schulz, Wed, April 14, 2021
Photo by Ralph Daily via Wikimedia Commons
Grabbing some to-go cupcakes to enjoy in Central Park is going to get a lot easier when Magnolia Bakery opens its new Columbus Circle location tomorrow. As was first reported by I Love the Upper West Side, the announcement comes as the famous sweet shop’s Upper West Side location has seen a surge in customer traffic. The new location will be at 1784 Broadway, between 58th and 59th Streets, and, unlike the other NYC locations, will offer self-serve refrigerators with pre-packaged favorites like banana pudding and cupcakes, as well as a partnership with Australian coffee cafe Bluestone Lane.
By Dana Schulz, Thu, March 18, 2021
Listing photos by Heidi Solander for Sotheby’s International Realty
The Osborne co-op was built on the northwest corner of 57th Street and 7th Avenue in 1885 as one of NYC’s first grand apartment buildings. Just four years later, Carnegie Hall would rise across the street, cementing its stature among the city’s elite addresses. A two-bedroom apartment in the building has hit the market for $3,500,000, and just by looking at its opulence, one feels transported back to the 19th century. From the imposing coffered ceilings and stately columns to the decadent fabrics and gilded decor, the home offers an old-world sophistication not often found anymore.
By Dana Schulz, Fri, March 12, 2021
Listing photos by Rich Caplan
Considered “one of the most well-known homes in America and the finest in the world-renowned Plaza,” the fabled Astor Suite has come on the market for $19,950,000. The four-bedroom corner suite faces both Central Park and Fifth Avenue and was previously occupied by John Jacob Astor, John F. Kennedy, and the Duke and Duchess of Windsor. In fact, the interior architects at S.R. Gambrel Inc. brought in master artisans that rebuilt Windsor Castle in England to help transform the space. From hand-drawn plaster to rich English oak paneling to hand-hammered leather walls from France, this home is certainly fit for royalty.
Have a look around
By Dana Schulz, Thu, January 7, 2021
220 Central Park South as seen in May. Photo by Jim.henderson (cropped) via Wikimedia Commons
In a year where the number of real estate sales dropped significantly in New York City, it was a few top-tier new developments that kept things afloat. According to the CityRealty 100 report—an index comprised of the top 100 condominium buildings in Manhattan—this includes closings in 15 Hudson Yards, The Park Loggia, and Waterline Square. It also includes 220 Central Park South, which accounted for the top 22 sales during the 12 month period of this report and had a total of $1.52 billion in cumulative sales in 46 units.