Search Results for: 220 central park

The highest residence in the world just got a lower price tag. The triplex penthouse at Central Park Tower was listed for $250 million last September, considered the most expensive home in the country if it found a buyer. But after a year on the market, the apartment is now asking $195 million, a price cut of $55 million, or 22 percent, as Bloomberg first reported. The discounted ask means the penthouse is no longer in the running for the priciest home sale in the United States.
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$92M condo at 432 Park enters contract, priciest deal of 2023 so far

Photo by Miikka A. on Unsplash

August 30, 2023

$92M condo at 432 Park enters contract, priciest deal of 2023 so far

A $92 million condo at 432 Park Avenue in Midtown Manhattan has entered contract, the biggest deal of the year in New York City so far. The five-bedroom apartment on the skyscraper's 79th floor first hit the market in September 2021 for $135 million but underwent a significant price cut this spring, according to CityRealty.
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Plan to bring Van Cortlandt Park’s Tibbetts Brook above ground moves forward

Renderings courtesy of the NYC Department of Environmental Protection

August 17, 2023

Plan to bring Van Cortlandt Park’s Tibbetts Brook above ground moves forward

A plan to unearth parts of a body of water in the Bronx that has been covered for more than a century is moving forward. The New York City Public Design Commission on Monday unanimously approved the preliminary design plan for the Tibbetts Brook Daylight and Greenway Project in Van Cortlandt Park, a project that will help remove the brook's clean water from the sewer system and ultimately reduce flooding and sewage overflow into the Harlem River. The $133 million project could face delays due to the Metropolitan Transportation Authority, which owns the land that is part of the construction project, according to the City.
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Electric bikes and scooters now allowed in NYC parks

Photo courtesy of Shinya Suzuki on Flickr

June 20, 2023

Electric bikes and scooters now allowed in NYC parks

Starting Tuesday, electric bikes and scooters will be allowed inside New York City parks. As part of a yearlong pilot program overseen by the city's Parks Department, e-bike and e-scooter riders can use greenways and park drives, including the Central Park and Prospect Park loops. The pilot will run through May 31, 2024.
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April 5, 2023

10 underrated NYC parks to visit this spring

By Lidia Ryan

Everyone knows how gorgeous Central Park and Prospect Park are but the concrete jungle is actually much greener than just those big, famous parks. Throughout New York City, peaceful parks and gardens, both big and small, beautify neighborhoods and provide a taste of nature in the big city. Ahead, find 10 of them to check out on one of those perfect New York spring afternoons.
Discover your new favorite park

Events & Things To Do

NYC to lift ban on e-bikes in city parks this summer

Image courtesy of Shinya Suzuki on Flickr

March 22, 2023

NYC to lift ban on e-bikes in city parks this summer

New Yorkers will soon be able to ride electric bikes and scooters in New York City parks legally. As part of a pilot program starting this summer, the city's Department of Parks and Recreation will drop its current ban on certain electric vehicles on park drives and greenways, lifting a rule that conflicts with state laws. The pilot program is one part of a plan unveiled by Mayor Eric Adams on Tuesday aimed at promoting the safe usage of e-bikes and other electric micro-mobility devices and preventing fires caused by lithium-ion batteries.
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A Central Park Tower penthouse asks $175M to live in the world’s tallest residential tower

Photo courtesy of Extell

March 10, 2023

A Central Park Tower penthouse asks $175M to live in the world’s tallest residential tower

Trophy pad alert: A 12,557-square-foot penthouse in Central Park Tower at 217 West 57th Street just hit the market, asking for a skyscraping $175,000,000. The duplex Billionaires' Row condo spans the 107th and 108th floor of what is to date the Western Hemisphere's tallest residential tower. It's a tower filled with superlatives–including the world's highest residence, a $250 million triplex just a few floors above. If this two-story sky mansion gets its asking price, it could be New York City's second-biggest residential sale ever.
Behold this Central Park Tower penthouse in the sky

Distinctive Homes

All photos courtesy of Brown Harris Stevens

December 28, 2022

In an Art Deco landmark on the UWS, this $6.5M co-op has a sunken living room and park views

The Majestic, an Art Deco-style apartment building, is one of many impressive towers that dot Central Park West. A three-bedroom apartment on the 11th floor of the two-tower development just hit the market for $6,500,000. The oversized pre-war home has seven rooms, including a sunken living room that offers a throwback entertainment space with amazing views of the park.
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Distinctive Homes

$12.2M condo on Billionaires’ Row looks like it’s floating above Central Park

Photo courtesy of Evan Joseph for The Corcoran Group

November 28, 2022

$12.2M condo on Billionaires’ Row looks like it’s floating above Central Park

A condo in one of the first supertalls to rise on Billionaires' Row is available. Asking $12,200,000, the three-bedroom on the 41st floor of One57 seemingly hovers over Central Park, with the home's floor-to-ceiling windows in the 39-foot-long living room providing a near-perfect view of the iconic greenspace. In addition to sweeping panoramas, the building also offers residents five-star services from the Park Hyatt Hotel, including daily housekeeping, laundry, and in-residence dining.
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Distinctive Homes

Photos courtesy of Brown Harris Stevens

October 14, 2022

For $845K, this Central Park West garden duplex comes with a private slice of backyard paradise

While we wouldn't think it would be easy to find a cute, well-appointed apartment anywhere near Central Park West for under $1 million, it's even harder to imagine finding one with private outdoor space. Asking $845,000, this bright garden co-op at 71 West 83rd Street in a classic Upper West Side pre-war building is just that rare find.
Check out both floors, the loft and the yard

Distinctive Homes

Triplex penthouse at Central Park Tower asks record $250M

Photo: Cody Boone for SERHANT.

September 16, 2022

Triplex penthouse at Central Park Tower asks record $250M

Living atop the world's tallest residential tower won't come cheap. The triplex penthouse at Central Park Tower hit the market on Monday for an astonishing $250 million, set to become the country's most expensive sale ever if the home fetches the asking price. The highest residence in the world sits 1,416 feet above New York City on Billionaires' Row and takes up the building's 129th, 130th, and 131st floors.
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Distinctive Homes

Janet Jackson sells her Central Park West home for $8.8M

All photos courtesy of Yoo Jean Han for Sotheby’s International Realty

August 22, 2022

Janet Jackson sells her Central Park West home for $8.8M

Janet Jackson sold her Upper West Side apartment for $8,800,000 last month, slightly below the initial asking price. As the Wall Street Journal first reported, the pop star's three-bedroom condo in the Trump International Hotel and Tower at 1 Central Park West hit the market in April for $8,995,000. Jackson has owned the home since 1998 but has not lived there since the pandemic.
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NYC gives billionaire Bill Ackman green light to build rooftop penthouse on Central Park West

All renderings designed by Foster+ Partners, courtesy of the Landmarks Preservation Commission

May 3, 2022

NYC gives billionaire Bill Ackman green light to build rooftop penthouse on Central Park West

Billionaire Bill Ackman is getting his Central Park-facing rooftop glass penthouse designed by Norman Foster after all. The Landmarks Preservation Commission on Tuesday approved plans from the hedge fund founder to build a glass penthouse addition on top of a 100-year-old Upper West Side co-op building where he owns an apartment. First presented last November as a two-level glass box on the roof of 6-16 West 77th Street, the approved proposal includes a scaled-down design and more muted materials.
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City Council approves massive Grand Hyatt redevelopment project at 175 Park Avenue

Rendering by Ekoomedia, Inc. / Courtesy of Skidmore, Owings & Merrill

December 16, 2021

City Council approves massive Grand Hyatt redevelopment project at 175 Park Avenue

The New York City Council voted on Wednesday to allow the proposed development at the site currently occupied by the Grand Hyatt Hotel at 175 Park Avenue. New Greater East Midtown zoning rules permit developers to construct supersized towers if they are accompanied by hefty contributions to transit and public amenities. In addition to the construction of a 2.1-million-square-foot, 1,575-foot-high building with retail and office space, a new 500-room hotel, a sky lobby, a lounge, and a restaurant, the site will include 25,000 square feet of elevated, publicly accessible terraces that will host cultural and arts events. The project also promises to bring hundreds of millions of dollars in transit improvements.
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1,300-foot-high duplex at Central Park Tower asks $150M

Courtesy of Extell Development

August 17, 2021

1,300-foot-high duplex at Central Park Tower asks $150M

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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Distinctive Homes

Listing photos by Allyson Lubow

July 22, 2021

$2.9M one-bedroom with a terrace is a slice of Paris just off Central Park

5 East 75th Street is a turn-of-the-century Beaux-Arts mansion just three doors down from Central Park. Now an eight-unit co-op, it exudes that rare, old-world Upper East Side grandeur. But this one-bedroom unit that's on the market for $2,985,000 feels more like a Parisian atelier, complete with 13-foot ceilings, original moldings, oversized windows, two wood-burning fireplaces, and detailed hardwood floors. Best of all, there's a nearly 500-square-foot private terrace.
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Distinctive Homes

See inside the $169M penthouse at 432 Park Avenue

Listing photo by Donna Dotan

July 21, 2021

See inside the $169M penthouse at 432 Park Avenue

The top-floor penthouse at 1,396-foot-tall tower 432 Park Avenue has been publicly listed for the first time ever, asking $169 million. It is the most expensive listing currently in New York City, and if it fetches the asking price, it would become the second-biggest sale in the city's history and set a record with its $20,500 per square foot price tag. As 6sqft reported last month, the 96th-floor unit is currently owned by billionaire Saudi real estate developer Fawaz Alhokair, who bought the apartment for only $88 million in 2016. Listed with Ryan Serhant, founder and CEO of SERHANT., the unit spans 8,225 square feet and has six bedrooms and seven bathrooms, as well as 240 linear feet of glass windows. The home is being sold with all of its art and furniture, which includes pieces from Hermes, Fendi, and Bentley.
See the whole place

Distinctive Homes

Top-floor penthouse at 432 Park lists for $169M, double the previous sale price

Photo by Sebastiandoe5 via Wikimedia Commons

June 29, 2021

Top-floor penthouse at 432 Park lists for $169M, double the previous sale price

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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New renderings revealed for the 1,646-foot tower that may rise next to Grand Central

175 Park Avenue, looking northeast. Rendering by Ekoomedia, Inc. / Courtesy of Skidmore, Owings & Merrill

May 18, 2021

New renderings revealed for the 1,646-foot tower that may rise next to Grand Central

In February, we got our first look at the 1,646-foot tower proposed for the Grand Hyatt site next to Grand Central. Designed by Skidmore, Owings & Merrill (SOM), the sustainable mixed-use building would rise 83 stories and become the second-tallest tower in NYC behind One World Trade Center. Though 175 Park Avenue takes advantage of the Midtown East Rezoning, developers RXR Realty and TF Cornerstone are still seeking several special zoning permits, including those for hotel use and added height in exchange for transit and infrastructure improvements. To obtain these variances, the project has now entered the city's Uniform Land Use Review Process (ULURP), and with it, has revealed several new renderings.
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Penthouse inside historic Central Park South tower’s copper roof to be auctioned off

All renderings courtesy of Concierge Auctions and Nest Seekers International

November 17, 2020

Penthouse inside historic Central Park South tower’s copper roof to be auctioned off

A three-level penthouse apartment in a Billionaires' Row building with pre-approved, construction-ready designs will hit the auction block next month. Currently listed for $40 million and appraised at $100 million after renovations, the apartment at 150 Central Park South will sell with no reserve to the highest bidder during an online auction hosted December 18 to December 22 through Concierge Auctions. Plans from SPAN Architecture call for a five-bedroom, five and a half bathroom penthouse with four terraces and unobstructed Central Park views.
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Distinctive Homes

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

January 4, 2019

$130M penthouse at 520 Park Avenue is now two separate units

The quest to outdo One57's record-setting $100.5 million penthouse doesn't seem to be working. The two contenders, 220 Central Park South and 520 Park Avenue--both Robert A.M. Stern-designed buildings--announced their $250 and $130 million penthouses in 2016 and 2014 respectively, but there's been no movement since. The latter building seems to have taken the hint, though, as The Real Deal reports that the 12,398-square-foot triplex has been chopped up into two "smaller" units--a $40 million full-floor unit and an $80-$100 million duplex.
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September 14, 2018

Steven Mnuchin lists swank Park Avenue co-op for $33M

Treasury Secretary Steven Mnuchin has just listed the Park Avenue duplex that has been in his family since the 1960s for $32.5 million, the New York Post reports. Mnuchin bought the 12-room, 6,500 square-foot Upper East Side duplex from his aunt for $10.5 million in 2000, so even if the co-op in tony 740 Park Avenue doesn't fetch the ask, he'll pocket a tidy profit. The Rosario Candela-designed building is known for its wealthy residents who have included Rockefellers, Kochs and Bronfmans as well as being Mrs. Onassis' childhood home. The former Goldman Sachs investment banker and Hollywood film producer was based in California before accepting a position with the Trump administration and has never claimed the Park Avenue home as his primary residence.
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October 11, 2017

Sting sells 15 Central Park West penthouse for $50M