Central Park South

Two new impressive units just hit the market at New York City's most slender supertall. At 111 West 57th Street, a three-level, four-bedroom penthouse with over 7,000 square feet of interior space and an additional 1,367 square feet in private outdoor space with picture-perfect views over Central Park has hit the market for $66 million. And a duplex with three bedrooms and unobstructed park views is now asking $39.5 million. The latest multi-million dollar listings at the Billionaires' Row tower come after two $30 million units sold earlier this summer during the coronavirus shut down, giving a boost to the city's nearly stagnant luxury market.
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$100M penthouse closes at 220 Central Park South, third-most-expensive NYC sale ever

Photo of 220 Central Park South in front of 111 West 57th Street (cropped) by Jim Henderson via Wikimedia Commons

July 28, 2020

$100M penthouse closes at 220 Central Park South, third-most-expensive NYC sale ever

Photo of 220 Central Park South in front of 111 West 57th Street (cropped) by Jim Henderson via Wikimedia Commons As of July 1, 2020, the average price per square foot for a New York City condo came in at $1,110, according to CityRealty. But this duplex penthouse at 220 Central Park South sold for a whopping $12,164 per square foot. First spotted by The Real Deal and confirmed in city property records, PH 76 at the Billionaires' Row tower just closed for $99,903,375, making it the third-most-expensive 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. The sale takes the number-three spot from a $92.7 million sale at 220 CPS, which sold in late 2019 to billionaire hedge-funder Daniel Och.
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Real Estate Trends

See inside an apartment at the world’s tallest residential building

Photo by Evan Joseph

July 24, 2020

See inside an apartment at the world’s tallest residential building

It's been nearly two years since sales launched at Extell's Central Park Tower and one year since the 1,500-foot condominium topped out along Central Park South, making it the tallest residential building on the globe. And now, we've got our first look inside one of the enviable apartments at this Billionaires' Row building. The model residence is a 3,401-square-foot, three-bedroom corner unit on the 43rd floor, priced at $17,500,000. Not surprisingly, the interiors are decked out to the nines, but, of course, it's the insane views we can't stop ogling.
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$2.5M Central Park South penthouse has a wrap-around rooftop with beer taps, grills, and a ‘lawn’

Images courtesy of Brown Harris Stevens

June 11, 2020

$2.5M Central Park South penthouse has a wrap-around rooftop with beer taps, grills, and a ‘lawn’

A heated pergola, outdoor kitchen with both barbecue and teppanyaki grills, beer taps, a wine fridge, entertainment center, outdoor lounge, and a recreation "lawn" -- this is just some of what you'll get at this Central Park South's wrap-around rooftop terrace. The two-bedroom penthouse at 152 West 58th Street also has incredible views of the adjacent skyscrapers along Billionaires' Row, including the famous Essex House sign that reflects into the glass of One57. The interiors are super open and sleek, and the home has just hit the market for $2,490,000
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Distinctive Homes

Photo credit: VHT, courtesy The Corcoran Group

April 10, 2020

This $769,000 Billionaires’ Row studio is roomy and reasonable

Old and new NYC collide in this $769,000 studio that's roughly 600 square feet. It's located at 100 West 58th Street, a classic 1928 Rosario Candela-designed apartment building. But today, this location, just a block south of Central Park at the corner of 6th Avenue, puts it smack in the middle of Billionaires' Row. And with a sizable separate kitchen and enough room for two distinct areas in the living space, it's quite a reasonable buy.
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Distinctive Homes

You can rent the only Plaza apartment with a private elevator for $46,000 a month

Listing photos courtesy of Elegran

February 21, 2020

You can rent the only Plaza apartment with a private elevator for $46,000 a month

As if living in the Plaza wasn't posh enough, this mansion apartment is the only residence in the building to have a private elevator and a personal grand staircase with a private landing. Of course, it'll cost you--$46,000 a month. But that gets you 4,665 square feet of space, four bedrooms, four-and-a-half bathrooms, and Central Park views from every window. And the home comes fully furnished.
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Distinctive Homes

See more of the historic residences inside 111 West 57th Street’s landmarked Steinway Building

Listing images courtesy of 111 West 57th Street

February 18, 2020

See more of the historic residences inside 111 West 57th Street’s landmarked Steinway Building

Two more listings inside Midtown’s historic Steinway Hall have just hit the market: a two-bedroom with a private terrace for $8,750,000 and a four-bedroom duplex seeking $17,995,000. The landmarked building at 111 West 57th Street was designed by renowned firm Warren & Wetmore and finished in 1925. The longtime home of the Steinway & Sons piano company 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. The Beaux-Arts structure serves as the project’s grand entryway and will hold the amenity spaces and a small handful of residences designed by Studio Sofield. We previously got a look inside the striking duplex penthouse that hit the market for $21 million last November—a price it still holds.
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Wealthy Russian family lists gilded Plaza apartment full of onyx and crystal for $45M

All photos courtesy of Douglas Elliman

February 14, 2020

Wealthy Russian family lists gilded Plaza apartment full of onyx and crystal for $45M

Russian oligarch and co-owner of Moscow's Domodedovo Airport Valery Kogan and his wife Olga Kogan have put their insanely opulent Plaza apartment on the market for $45 million. The billionaire couple bought two units in the iconic building in 2007/2008 for $26 million and then combined them, according to the Wall Street Journal. The massive home that they're now trying to unload--which the listing describes as being "reminiscent of French royalty"--is dripping with gold detailing, crystal chandeliers, ornate moldings, and a master bathroom wrapped from floor to ceiling in imported onyx. It even has an alcove in one of the building's turrets.
You've gotta see this place to believe it

Distinctive Homes

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

Renderings courtesy of Extell Development Company

January 27, 2020

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

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

NYC’s third-priciest apartment ever just sold at 220 Central Park South for $92.7M

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

December 17, 2019

NYC’s third-priciest apartment ever just sold at 220 Central Park South for $92.7M

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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Real Estate Trends

Billionaire’s Row tops list of most expensive streets in the world

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

December 17, 2019

Billionaire’s Row tops list of most expensive streets in the world

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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Real Estate Trends

NYC’s third $100M+ real estate deal closes at 220 Central Park South

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

December 13, 2019

NYC’s third $100M+ real estate deal closes at 220 Central Park South

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.
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Real Estate Trends

Netflix reaches deal to keep Midtown’s Paris Theatre open for special events and screenings

Photo courtesy of Netflix, by Marion Curtis

November 26, 2019

Netflix reaches deal to keep Midtown’s Paris Theatre open for special events and screenings

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.
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Uncategorized

Penthouse inside 111 West 57th Street’s landmarked Steinway Building hits the market for $21M

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

November 8, 2019

Penthouse inside 111 West 57th Street’s landmarked Steinway Building hits the market for $21M

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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All photos by Floto + Warner

November 1, 2019

Check out the cocktail bar at Nordstrom’s new Billionaires’ Row flagship

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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See inside SHoP’s slender supertall at 111 West 57th Street

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

October 29, 2019

See inside SHoP’s slender supertall at 111 West 57th Street

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

New Developments

Midtown’s Paris Theatre will temporarily reopen for a Netflix screening

Photo by Ajay Suresh on Flickr

October 21, 2019

Midtown’s Paris Theatre will temporarily reopen for a Netflix screening

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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City Living

Ken Griffin drops another $4M on Central Park South condos after record $240M penthouse purchase

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

October 10, 2019

Ken Griffin drops another $4M on Central Park South condos after record $240M penthouse purchase

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

Real Estate Trends

Robert A. M. Stern’s 220 Central Park South passes $1B in sales

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

September 18, 2019

Robert A. M. Stern’s 220 Central Park South passes $1B in sales

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

Real Estate Trends

September 17, 2019

The world’s tallest residential building, Central Park Tower, tops out at 1,550 feet

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.
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Condo board at Trump’s Central Park West building votes to keep president’s name on signage

Photo by Loozrboy on Flickr

September 12, 2019

Condo board at Trump’s Central Park West building votes to keep president’s name on signage

By Michelle Cohen

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

Uncategorized

Trump Organization considers rebranding the Trump International Hotel and Tower

Image via Flickr

August 26, 2019

Trump Organization considers rebranding the Trump International Hotel and Tower

As part of a larger renovation of the Trump International Hotel and Tower in Columbus Circle, the Trump Organization is expected to reconsider its heavily-branded signage, the New York Times reports. The president's eldest son, Donald Trump Jr., has proposed a compromise to appease building owners who say Trump's polarizing presidency is depreciating the value of their investments without losing the Trump branding entirely.
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Uncategorized

This $745K co-op has historic vaulted ceilings and a present-day Billionaires’ Row location

Photo Credit: Zigna for Sotheby’s International Realty.

August 23, 2019

This $745K co-op has historic vaulted ceilings and a present-day Billionaires’ Row location

By Michelle Cohen

This one-bedroom co-op in the Osborne at 205 West 57th Street is situated on what's now known as Billionaires' Row, and for well under $1 million you can include bragging rights to one of the New York City's finest historic residential buildings. Built in 1883 and designated an official city landmark in 1991, the Osborne also boasts one of the city's most sumptuous and dazzling lobbies.
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Distinctive Homes

August 13, 2019

Where I Work: Shelly Fireman’s Redeye Grill has been serving the Carnegie Hall crowd for 25 years

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

August 5, 2019

Billionaires’ Row kosher deli fights high-rise developer over eviction

By Michelle Cohen

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.
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New Developments

Sting drops $66M on penthouse in millionaire-magnet 220 Central Park South

Photo of 220 CPS via CityRealty; photo of Sting via Wiki Commons

August 1, 2019

Sting drops $66M on penthouse in millionaire-magnet 220 Central Park South