Search Results for: 220 central park

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.
READ MORE

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.
All the details here

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.
More here

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.
READ MORE

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.
See more, this way

October 11, 2017

Sting sells 15 Central Park West penthouse for $50M

British rocker Sting and his wife Trudie Styler listed their colorful futuristic duplex at the Robert A.M. Stern-designed 15 Central Park West for $56 million in May; now the New York Post reports that the massive pad at the headline-stealing celebrity magnet building has been sold to a mystery buyer for $50 million. The couple scooped up the 16th- and 17th-floor penthouse for $27 million in 2008 and enlisted the design pros at SheltonMindel to combine the units to create a unique home with not one but two sculptural spiral staircases and a double-sided spiral gas fireplace that was inspired by the Fibonacci spiral. The couple is reportedly buying a triplex in the latest Stern-designed limestone-clad trophy tower at 220 Central Park South, one of NYC’s most expensive apartment buildings.
Get one last look at the Sting-Styler digs

Celebrities

September 14, 2017

Ben Affleck scopes out Mark Wahlberg’s former 15 Central Park West rental, now asking $39K/month

By Annie Doge

It's been over two years since newly single Ben Affleck started apartment hunting in NYC, and now that he has a new love interest, he's back at it. The Post reports that the actor and girlfriend Lindsay Shookus, a “Saturday Night Live” producer, checked out unit 26C in the Robert A.M. Stern-designed, celeb-filled 15 Central Park West. The three-bedroom unit, asking $39,000 a month, was rented by Mark Wahlberg in 2009 for $32,000 a month; Alex Rodriguez also bid on the unit last year, despite being banned from the building for allegedly hosting too many prostitutes while renting another apartment. Not known for any partying antics, Affleck will likely have better luck should he want to move forward with living in the city's most expensive condo.
See more of the apartment

New rendering of Extell’s Central Park Tower shows sparkling all-glass facade

Rendering of Central Park Tower via Extell Development

August 15, 2017

New rendering of Extell’s Central Park Tower shows sparkling all-glass facade

A new rendering of Central Park Tower, slated to be the tallest residential tower on Earth, shows the most sparkling image of the residential building yet. Construction for Extell Development’s supertall, located at 225 West 57th Street on Billionaires’ Row, is underway and when completed, the tower is projected to be 1,550-feet tall. As CityRealty reported, the all-glass rendering appears to be taken about 900-feet above Central Park and leaves out rivaling towers, 432 Park Avenue and 111 West 57th Street. The $2.98 billion project is expected to be completed in 2019.
Find out more

The Urban Lens: Fantastical photo manipulations reimagine Central Park and its surroundings

Image © Dionisio González

August 11, 2017

The Urban Lens: Fantastical photo manipulations reimagine Central Park and its surroundings

6sqft’s series The Urban Lens invites photographers to share work exploring a theme or a place within New York City. In this installment, Spanish artist Dionisio González presents two series of digital photos showcasing Central Park. Are you a photographer who’d like to see your work featured on The Urban Lens? Get in touch with us at [email protected]. Architect and photographer Dionisio González has made a name for himself with his surrealist photo manipulations, which typically combine existing buildings and urban spaces with digitally drawn structures and landscapes. His latest two series take on Central Park and how the city's giant "void" relates to its surrounding skyscrapers. In his "Thinking Central Park" series, González fills the space with futuristic shelters. Conversely, in the black-and-white series "Dialectical Landscape" he adds empty spaces as aerial extensions of the park for recreation and transportation.
See them all right here

Places

First look at Central Park Tower’s palatial amenity spaces and apartment layouts

Central Park Tower renderings (Extell / AS+GG)

July 12, 2017

First look at Central Park Tower’s palatial amenity spaces and apartment layouts

We expected that Central Park Tower, the city's tallest-tower-to-be swiftly rising at 225 West 57th Street, would be giving Midtown record-smashers like 432 Park Avenue a run for their trophy-tower money. And now newly-revealed details uncovered from the building's EB-5 brochure offer a first glimpse of what the upcoming supertall's rivals could be up against. The preliminary overseas marketing images spotted by CityRealty show off the 1,550-foot-tall building's apartment layouts and the ultra-luxe amenity spaces that will sit high above the hotel and Nordstrom, the building's flagship retail tenant. Developer Gary Barnett's new condo development is the most expensive ever attempted in the city and is projecting a $4 billion sellout including retail and hotel tenants.
Sky palaces and amazing amenities this way

May 3, 2017

Sting’s futuristic-meets-classic 15 Central Park West penthouse hits the market for $56M

By Annie Doge

British rocker Sting and his wife Trudie Styler have listed their chic duplex at the Robert A.M. Stern-designed 15 Central Park West for $56 million (h/t WSJ). The couple purchased the 16th- and 17th-floor penthouse for about $27 million in 2008, and then enlisted architecture and interior design firm SheltonMindel to combine the units and transform them into a "unique home" that includes two custom sculptural spiral staircases and a double-sided spiral gas fireplace that was inspired by the Fibonacci Spiral. Last summer, the couple was in negotiations to buy another Stern condo at 220 Central Park South, one of NYC's most expensive apartment buildings, and now that they "need more space to accommodate their growing family" the time may be ripe to do so.
See it all

April 14, 2017

Robert A.M. Stern’s 520 Park Avenue, Upper East Side’s tallest building, hits pinnacle height

520 Park Avenue, well on its way to being the tallest skyscraper on the Upper East Side, is putting its final crowning members in place, CityRealty reports. The developer of the 54-story tower just off Park Avenue at East 60th Street is the multi-generational Zeckendorf real estate dynasty who brought us 50 U.N. Plaza, 15 Central Park West and the neighborhood-transforming Worldwide Plaza and Union Square's Zeckendorf Towers.
Find out more

Construction update: Extell’s Central Park Tower gets its fluted glass curtain wall

West 58th Street elevation of Nordstom’s podium; CityRealty

March 27, 2017

Construction update: Extell’s Central Park Tower gets its fluted glass curtain wall

When it reaches its projected 1,550-foot height, Extell Development’s Central Park Tower will have the highest roof-line of any residential building in the Western Hemisphere, besting the current record holder 432 Park. Though the $2.98 billion project won't be complete until 2019, construction is moving ahead along Billionaires' Row, reports CityRealty. The 58th Street side, which will hold a 285,000-square-foot, seven-story Nordstrom store, is currently receiving its fluted-glass skin, a "Waveforms Facade."
See more views here

New Developments

February 13, 2017

$5.5M Park Slope townhouse built in 1906 is drenched in historic details

By Emily Nonko

Mahogany millwork, plaster ceiling moldings, stained-glass windows: these are just a few of the stunning details to be found inside this historic Park Slope townhouse at 566 First Street. A restoration sought to restore as much of the limestone home--which was built in 1906--as possible, while at the same time integrating modern amenities from a dumbwaiter to audio and lighting systems. And now the 4,900-square-foot stunner is on the market for $5.475 million.
Take the grand tour

July 28, 2016

Time Lapse Video Shows How Midtown’s Tall Towers Will Cast Dark Shadows on the Park

A dozen supertalls (1,000 feet or higher) in the construction or planning stages in Manhattan include a significant number on the rise along the Billionaires’ Row strip just south of Central Park. This trend has been causing concern due to the shadows the looming towers will cast on the park. Now, a slightly ominous time-lapse video from Cube Cities shows how Billionaires' Row will have a sundial effect on the park (h/t Gothamist). The length and duration of the shadows will vary as the sun's angle changes with the seasons; fall and winter days are looking dark, with the tall towers' long shadows reaching as much as a mile into the park.
Watch the tall towers darken the park on a fall day in the future

New Developments

February 26, 2016

This $18M Prewar Co-op Is the Kind of Apartment That Invented Central Park Views

In addition to celebrity residents like Robert DeNiro, Paul Simon and, more recently, Annie Liebovitz, the 1928 co-op building at 88 Central Park West has bragging rights to the kind of views that were being enjoyed by the fortunate before trophy towers like 432 Park Avenue were even a glimmer in any developer’s eye. The classic Central Park West residence known as the Brentmore has only 12 floors, but it possesses a Gilded-Age cachet that’s lost very little of its appeal even in the 21st century. Residents add upper-floors and next-doors rather than move, and floor plans are generous and always include foyers and maids’ rooms (almost all units were built with seven rooms). And the location, of course, needs no introduction.
See more of this gracious West Side home

Distinctive Homes

The Most Important Towers Shaping Central Park’s South Corridor, AKA Billionaires’ Row

Carter Uncut brings New York City’s development news under the critical eye of resident architecture critic Carter B. Horsley. This week Carter kicks off a nine-part series, “Skyline Wars,” which will examine the explosive and unprecedented supertall phenomenon that is transforming the city’s silhouette. To start, Carter zooms in on the biggest developments shaping the southern corridor of Central Park.

November 25, 2015

The Most Important Towers Shaping Central Park’s South Corridor, AKA Billionaires’ Row

By Carter B. Horsley

They did not come from outer space when they landed on our front yard while the NIMBY folk and the city’s planners and preservationists weren’t looking. Some are scrawny. Some are dressed like respectable oldsters. They’re the supertalls and they’re coming to a site near you.
read more here

October 14, 2015

Robert A.M. Stern’s 520 Park Avenue Finally Reaches Street Level, $130M Penthouse on Its Way

By Ondel Hylton

Two years since its groundbreaking, Zeckendorf Development's tower o' opulence at 520 Park Avenue has finally emerged from its cavernous trench. Set for completion in 2018, the Billionaires' Row building will climb 54 floors and 780 feet into the Manhattan skyline, becoming the tallest and likely the most prestigious building on the Upper East Side. Envisioned by William Lie and Arthur Zeckendorf, 520 Park Avenue inherits the classically-inspired taste of the real estate dynasty's prior projects. In the '80s, their father William Zeckendorf Jr. erected some of the city's largest post-modern apartment complexes such as Worldwide Plaza, Zeckendorf Towers, and the Park Belvedere. Here, the developers commissioned the esteemed architect/historian and dean of the Yale School of Architecture Robert A.M. Stern as the designer and SLCE as the architects of record. This team also collaborated together on 18 Gramercy Park South and 15 Central Park West, which shattered apartment records when it opened in 2008. Intent on replicating its west side counterpart's success, the Zeckendorfs again gathered the now-not-so-secret ingredients: a powerful address, palatial apartments, and most importantly, the coveted Central Park view, all of which will culminate in a jaw-dropping $130 million penthouse.
More on the project's status

October 9, 2015

This $4.7M Historic Park Slope Brownstone by MESH Architectures Has the Heart of a Loft

When the owners of this North Slope townhouse at 144 Lincoln Place purchased it in 2005 for $2.1 million, they'd had their hearts set on a loft; after choosing a Victorian brownstone instead, they worked with MESH architectures to create their dream space without having to give up their dreams. The result? The architects explain how the home is "consistent with contemporary family life but does not erase the original structures. Instead a layered, more complex spatial composition balances gravity with lightness, old with new, raw with finished." Now on the market for $4.7 million, this 3,300-square-foot classic-on-the-outside 1882 townhouse consists of a spacious and creatively designed owners’ triplex over an adorable garden-floor apartment (in a high-rent neighborhood). The landscaped back garden paradise alone is a show-stopper. The interior of the house was thoroughly reimagined, and the resulting “vertical loft” is a unique home that’s a fit for both daily life and the pages of a design book.
Check out this history-meets-industry dream house

Distinctive Homes

May 29, 2015

Sources Say Saudi Billionaire Is Buyer of $95M Penthouse at 432 Park

By Annie Doge

The Real Deal reports that Saudi billionaire and retail magnate Fawaz Al Hokair is the buyer of the $95 million penthouse at 432 Park, the city's current tallest residential building. The unit went into contract in 2013 for roughly $11,500 per square foot, but sources are just now coming out with his identity. Al Hokair is the founder and chairman of Fawaz Alhokair Group, the most valuable retail and real estate company in Saudi Arabia. Forbes estimates the company is worth $22 billion, and that Al Hokair's net worth is $1.37 billion. When the deal closes it will be the second most expensive condo sale ever in the city, stealing the title from Bill Ackman's $91.5 million buy at One57 and following only behind the $100 million penthouse sale, also at One57.
More details, interior renderings, and a floorplan ahead

Real Estate Trends

REVEALED: 1 Park Lane Will Be the Next Supertall Central Park South Tower

Rendering via Witkoff

May 27, 2015

REVEALED: 1 Park Lane Will Be the Next Supertall Central Park South Tower

Just a week after Manhattan's Community Board 5 called for a moratorium on shadow-casting Central Park skyscrapers taller than 600 feet, renderings have been revealed for the next supertall tower coming to the periphery of the park. New York Yimby first spotted the images for 1 Park Lane, the 1,210-foot-tall glassy condo that will replace the Helmsley Park Lane Hotel at 36 Central Park South and become the fourth-tallest residential building in the city.
More details ahead

Central Park Sunshine Task Force Meets to Speak Out Against Supertall Shadows

Rendering showing the location, size and massing of projects currently being developed along Central Park South, via MAS “Accidental Skyline” report

April 29, 2015

Central Park Sunshine Task Force Meets to Speak Out Against Supertall Shadows

There are a dozen supertalls (1,000 feet or higher) in the construction or planning stages in Manhattan, many of which are sprouting up along the billionaires' row hotbed south of Central Park. The trend has incensed many New Yorkers because of the shadows these giant towers will cast on the park. Last month, Councilman Mark Levine introduced legislation to create a task force that will examine, as he put it, “the looming threat of shadows falling on our parks from the rising number of skyscrapers.” A similar group of concerned parties, the Central Park Sunshine Task Force of Community Board 5, met last night to discuss the issue. As Curbed reports, in the standing-room-only town hall meeting at the New York Public Library the group covered issues including zoning laws, transparency in the building process, construction safety, matters of light and air, overdevelopment, and even the "'phallic' nature of the buildings themselves."
More on the meeting here

April 27, 2015

The High and Low: Two Classic Central Park West Co-ops in the Celeb-Filled El Dorado