15 Central Park West

Six months may not seem like a long time, but a lot can happen in the Manhattan building market in 180 days, which is why CityRealty has released its new CR100 report, "an index comprised of the top 100 condominium buildings in Manhattan." The data tracks the performance of these buildings through the second and third quarters of 2015, and, not surprisingly, One57 has come out on top. The Billionaires' Row powerhouse has surpassed long-time leader 15 Central Park West as the most expensive condo on the island, coming in at $6,010 per square foot over the past 12 months, as compared to 15 CPW's $5,726. It also steals the spotlight for the majority of the last six months' most expensive sales.
More condo data ahead

Real Estate Trends

September 10, 2015

Soccer Star Frank Lampard Checks Out a $52,000/Month Pad at 15 Central Park West

It certainly is the season for international soccer stars to get in on the NYC real estate game. First, hunky player Cristiano Ronaldo bought an $18.5 million loft at Trump Tower shortly after it was rumored that he'd be moving from Real Madrid and the Portuguese national team to the MLS (the United States soccer league). Then just ten days later, Italian player Andrea Pirlo scoped out a $29,995/month penthouse at 205 East 59th Street, as he had recently joined the New York City Football Club. And now, the Post reports that English footballer Frank Lampard was seen checking out a $52,000/month pad at 15 Central Park West. Lampard, often considered one of the greatest midfielders of his generation, is the all-time leading goalscorer for Chelsea. As of this year, he signed a two-year contract with the New York City Football Club, so it makes perfect sense why he's now house hunting. He reportedly looked at the 2,761-square-foot apartment with his fiancée, Northern Irish broadcaster Christine Bleakley.
Take a look around the loft

January 1, 2015

Looking Back and Forecasting What’s to Come in the 2015 NYC Real Estate Market

It's that time of year when we take a look back at the biggest stories of the year and look ahead at what's to come. And if 2014 was the year of the ultra-luxury listing, 2015 shows no sign of cooling down. This past year saw major increases from 2013, with $16.8 billion in residential sales, over 17 percent of which was accounted for by purchases over $10 million. Plus, the top 25 sales of the year all closed for over $25 million. News of big sales at One57 will likely continue, with 520 Park Avenue vying for the title of most-talked-about building. We'll also start hearing more from 30 Park Place, 432 Park Avenue, and the Woolworth Residences. To help you visualize all of these high-rolling record setters and predictions, the folks at CityRealty have put together some handy charts and infographics.
Check out the year in review and 2015 predictions here

Real Estate Trends

November 17, 2014

VIDEO: Architect Robert A.M. Stern Talks 15 Central Park West and How It’s a “Background Building”

15 Central Park West is frequently in the news—whether it's because a new celeb has moved in, or that it's recorded yet another blockbuster sale. But standing far from the limelight is the building's architect, Robert A.M. Stern, who, like his buildings, opts for the stately, subdued and classic over the winding and twisting standalones of his contemporaries. "We have a lot of silly buildings being built, in my opinion. The buildings should not look like Lady Gaga,” the architect says. In the latest installment of the Louisiana Channel Stern discusses what might be his most famous project, 15 CPW, and why he strives for buildings that complement, not dominate.
Watch the interview here

Architecture And Design

15 Central Park West, Unit 26B

Photo courtesy of Douglas Elliman

15 Central Park West, Unit 26B

Photo courtesy of Douglas Elliman

15 Central Park West, Unit 26B

Photo courtesy of Douglas Elliman

15 Central Park West, Unit 26B

Photo courtesy of Douglas Elliman

October 17, 2014

Ruler of the Sharjah Emirate Buys at 15 Central Park West for $14.25M

Sultan III bin Mohammed Al-Qasimi, a member of the Supreme Council of the United Arab Emirates and current ruler of the Sharjah emirate, has just purchased an apartment at 15 Central Park West with his daughter Sheikha Bodour Bint Sultan Al Qasimi, the 34th Most Powerful Arab Women as noted by Forbes. According to city […]

October 6, 2014

Fashion Designer Elie Tahari Buys Two Units at 15 Central Park West for $25M

Israeli-American fashion designer Elie Tahari has snatched up two units at famed, Robert A.M. Stern- designed 15 Central Park West for a combined $25.25 million, according to city records released today. The pair of adjacent apartments was originally marketed for a total of $29 million. Tahari had previously been renting a three-bedroom unit in the star-studded building for $30,000 a month, but it looks like he's decided to make his stay more permanent, now occupying an entire private floor. Unit 9m has two bedrooms, 1,862 square feet of interior space, and 1,619 square feet of outdoor space. Unit 9G is a three-bedroom unit with 2,237 square feet inside and a spectacular 1,700-square-foot terrace. Both spaces appear to offer a pretty clean slate, perfect for the creative new owner to imbue his signature tailored, modern vibe.
Check out Tahari's new purchases

September 26, 2014

D’Aquino Monaco-Designed Apartment at 15 Central Park West Is Colorful and Whimsical

By Stephanie Hoina

Tucked away within the austere limestone façade of Architect Robert A.M. Stern’s 15 Central Park West is this fabulous apartment courtesy of Carl D’Aquino and Francine Monaco of New York-based design firm D’Aquino Monaco. Every single room is a treat to the senses, with bold splashes of color and unusual finishing touches combined to create a living space as cozy as it is quirky.
Tour the colorful and whimsical home here

Architecture And Design

September 22, 2014

Real Estate Wire: 15 CPW Pad Sells for 3x’s Its Purchase Price; Atlantic Yards Modular Tower Could Leak

A tower unit at 15 Central Park West has sold for nearly $10M, about three times what the owner paid for it. [NYO] The Astoria Cove housing development is required to set aside 20% of its 1,700 units for lower-income residents, but the city may push for as many as 30%. [Crain’s] The Fiscal Policy Institute […]

Real Estate Trends

September 18, 2014

Glass vs. Stone: An Epic Architecture Battle

Decisions, decisions...sometimes there's just far too many in New York City. Thai or Chinese takeout? Subway or bus? Central Park or the High Line? The list goes on. And one of the most grueling decisions we make as New Yorkers is where to live. From choosing a borough and neighborhood to deciding on a price point, it's quite the undertaking. But what about the most elementary component of the building in which we decide to live--it's material. To be more exact, glass or stone. Glass tower dwellers are often drawn to the floor-to-ceiling windows, panoramic views, and clean lines, whereas buyers of apartments in stone buildings prefer a more traditional feel, with pre-war-style layouts that provide great separation of spaces. And some of the city's most prominent architects have become synonymous with one style or the other. Think Richard Meier for glass and Robert A.M. Stern for stone. CityRealty decided to take a closer look at this epic battle and see how pairs of glass and stone developments fared across the city.
See how these buildings battle it out

September 17, 2014

Robert De Niro Moves into $125K-Per-Month Rental at 15 Central Park West

Robert De Niro's new home may not be in his beloved Tribeca, but the full-floor pad at 15 Central Park West is one of the city's most expensive rentals. Unit 35AB is two separate condos combined into one on the 35th floor. The 6,000-square-foot, five-bedroom apartment is owned by steel magnate Leroy Schecter, who purchased the property in 2008 for $18.9 million. He originally put the condo on the market in 2012 for $95 million, then reduced it to $85 million in April 2013, and once again to $70 million in November. De Niro and his wife Grace Hightower were displaced in 2012 when a fire ripped through their triplex at the Brentmore, 88 Central Park West. The couple has been renting in the West Village, but it looks like they wanted to return to the Upper West Side while renovations are completed on their permanent home. And they're in good company; Alex Rodriguez and investor Henry Silverman have rented the same unit in the past.
Take a look inside the new De Niro digs

Celebrities

August 13, 2014

Spanx Founder Sara Blakely Makes $18 Million Profit on 15 Central Park West Apartment Sale

That's right, $18 million. According to city records, Spanx founder and self-made billionaire Sara Blakely sold her apartment at 15 Central Park West for $30 million, almost triple the $12.11 million she paid for it in 2008. The sale comes on the heels of CityRealty releasing its CityRealty 100 list of most expensive homes in the city, on which 15 Central Park West is listed first. The prestigious, Robert A.M. Stern-designed building has an average price per square foot of $6,288 (the Time Warner Center, which came in second has an average of $4,689) and it also holds the priciest condo sale through the second quarter of 2014 at $48 million.
More about Blakely's highly profitable sale

July 29, 2014

Blue Chip Buys: 15 Central Park West Is New York City’s Most Expensive Building, Other Contenders

Even with the thousands of new residential units that have hit the market in the last year, there are still a handful of tried-and-true properties in Manhattan that will always be coveted by the rich, the famous, and those who just wish they were rich or famous. So which properties sit at the top of this list? We turn the CityRealty 100 for the low-down on what buildings have outdone all of the rest. Their latest report tracks the performance of Manhattan's top 100 condo buildings through the second quarter of 2014.
The top performers this way

Real Estate Trends

July 24, 2014

Do Not Disturb! Peeking Into the NYC Condo Hotel Market

Who wouldn't want to be able to order a juicy burger in the middle of the night and have it delivered in mere minutes? Or never have to worry about making the bed or folding sheets ever again (does anyone know how to fold the fitted sheet properly)? How about having an on-call masseuse? This is the life of living in a condo hotel. Today, the city is teeming with these luxurious hybrids. The Residences at the Ritz Carlton in Battery Park City are home to the city's most expensive listing at $118 million. The landmark Plaza Hotel was partially converted to 181 residences in 2008. And let's not forget One57, the 90-story, 52-condo tower that will be the first five-star luxury hotel to rise in New York City in the last ten years. But do the vacation-worthy amenities at these buildings make them dominant in the real estate market?
We take a closer look

Events & Things To Do

July 16, 2014

Citigroup’s Former Chairman Sanford Weill Sells His Maid’s Quarters for $5.34M