Why NY Apartments Are Priced $999,999; The Development Story of the Central Park Tower

Posted On Tue, October 13, 2015 By

Posted On Tue, October 13, 2015 By In Real Estate Wire

  • A timeline of how Extell pieced together the land and air rights it needed to build the Central Park Tower. [TRD]
  • Why people list their apartments for $999,999 rather than $1 million in today’s hot real estate market. [NYT]
  • Renderings for a 49-story residential tower along Fulton Street have been revealed. [Curbed]
  • Soccer legends Paolo Maldini and Christian Vieri, along with developer Rafi Gibly, just sold a hotel development site for $13.2 million. [TRD]

Images: The Central Park Tower (L); An apartment at 51 Columbia Place going for $999,999 (R)

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