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Thread: 15 Central Park West - Upper West Side - Condo - by Robert A. M. Stern

  1. #106
    Disgruntled Optimist lofter1's Avatar
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    Buyer pays $45 Million for the Penthouse here (good pics, too):

    http://www.curbed.com/archives/2005/...ecord.php#more

  2. #107
    Forum Veteran krulltime's Avatar
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    ^ Yeah I was just reading that... a new record.


    $45M APARTMENT


    By BRADEN KEIL
    November 22, 2005

    A brash hedge-fund manager is putting his money where his mouth is — agreeing to pay a record $45 million for a Manhattan residence.

    Daniel Loeb, the outspoken founder of New York-based Third Point LLC, has signed a contract to buy a more than 10,000-square-foot penthouse condominium under construction at 15 Central Park West at the site of the old Mayflower Hotel.

    The hard-charging investment mogul, who manages a $3.6 billion fund, is known for his publicly circulated poison-pen letters to executives he claims are pretentious or lazy. The New Yorker magazine described him as an investor's version of the late political columnist H. L. Mencken, but added that his manner could be "self-interest disguised as moralistic bombast."

    Loeb had no comment about his purchase.

    Plans for the 10,700-square-foot, full-floor pad include eight bedrooms, 10 full bathrooms, two powder rooms, a large screening room, his-and-hers offices, a library and terraces measuring nearly 800 square feet. The 39th-floor apartment features 14-foot ceilings. It is to be completed by spring 2007.

    The towering sales figure beats the previous record held by News Corp. Chairman and CEO Rupert Murdoch, who paid $44 million earlier this year for the late Laurance Rockefeller's triplex co-op penthouse on Fifth Avenue. News Corp. owns The Post.

    It also bests the previous record condo price of $42.25 million that Mexican financier David Martinez paid at the nearby Time Warner Center. Martinez combined a full-floor apartment on the 76th floor with a half-floor residence above. He then recently purchased the other half of the 77th floor for about $12 million, giving him almost 17,000 square feet total after spending nearly $53 million.

    Loeb's purchase comes seven months after he bought a sprawling eight-bedroom West Village town house for $11.2 million.

    The 15 Central Park West complex — designed by renowned architect Robert A.M. Stern and developed by brothers Arthur and William Lie Zeckendorf — will comprise two structures between Broadway and Central Park West (from 61st to 62nd streets).

    A drive-in courtyard will separate the 20-story building and a 43-story tower, both with pricey Indiana limestone facades. There are 200 residences ranging in price from $1.97 million for a one-bedroom place to Loeb's $45 million palace. Also featured in the complex are retail stores, a private 13,500-square-foot gym and spa, a private restaurant, wine cellars and staff quarters.

    According to a release by Zeckendorf Development, the building is about 40 percent sold, with 12 of the 16 penthouses already spoken for.

    The towering sales figure beats the previous record held by News Corp. Chairman and CEO Rupert Murdoch, who paid $44 million earlier this year for the late Laurance Rockefeller's triplex co-op penthouse on Fifth Avenue. News Corp. owns The Post.

    It also bests the previous record condo price of $42.25 million that Mexican financier David Martinez paid at the nearby Time Warner Center. Martinez combined a full-floor apartment on the 76th floor with a half-floor residence above. He then recently purchased the other half of the 77th floor for about $12 million, giving him almost 17,000 square feet total after spending nearly $53 million.

    Loeb's purchase comes seven months after he bought a sprawling eight-bedroom West Village town house for $11.2 million.

    The 15 Central Park West complex — designed by renowned architect Robert A.M. Stern and developed by brothers Arthur and William Lie Zeckendorf — will comprise two structures between Broadway and Central Park West (from 61st to 62nd streets).

    A drive-in courtyard will separate the 20-story building and a 43-story tower, both with pricey Indiana limestone facades. There are 200 residences ranging in price from $1.97 million for a one-bedroom place to Loeb's $45 million palace. Also featured in the complex are retail stores, a private 13,500-square-foot gym and spa, a private restaurant, wine cellars and staff quarters.

    According to a release by Zeckendorf Development, the building is about 40 percent sold, with 12 of the 16 penthouses already spoken for.


    Copyright 2005 NYP Holdings, Inc.

  3. #108

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    Good overhead photo here:

    http://www.curbed.com/archives/2005/...tan_record.php

    Shows the broadway portion several stories high while the CPW portion is still at the foundation level.

  4. #109

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    They are still building the foundation wall at the southeast section.

  5. #110

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    Dec 03, 2005
    View from trump Intl Hotel plaza

  6. #111
    Build the Tower Verre antinimby's Avatar
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    A BILLION DOLLAR BABY

    By BRADEN KEIL
    http://www.nypost.com/realestate/59250.htm


    BILLIONS AND BILLIONS: Sales at luxe 15 CPW
    hit $1B, and the developers expect to double that.



    January 14, 2006 -- It's hard to believe that Manhattan's residential real-estate market is slowing down, with sales at 15 CPW just surpassing the billion-dollar mark.
    "We've sold just over 100 apartments [out of 202] for just over $1 billion," said Arthur Zeckendorf, the co-chairman of Terra Holdings, which is developing the Robert A.M. Stern-designed building at 15 Central Park West. "Fourteen of those apartments were over $20 million."

    Zeckendorf and his brother William Lie Zeckendorf, another co-chair at Terra, say they're looking forward to selling another billion's worth with the remaining residences, which would be a record for a single condo building.

    Helping that sales figure along was the $45 million apartment sale to hedge- fund heavy Daniel Loeb.

    Construction is on target, now up to the eighth floor on the first tower, and the limestone used on the complex's facade should be arriving next month.

    Among the units that are still available is a $43 million apartment on the 20th floor. The price has just been raised to $45 million.

  7. #112
    Disgruntled Optimist lofter1's Avatar
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    Among the units that are still available is a $43 million apartment on the 20th floor. The price has just been raised to $45 million.
    And I was afraid I was going to get priced out ...

  8. #113

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    This just shows that you do not need Louise M. Sunshine or marketing directors to sell good condo development's great condos sell themselves.

  9. #114

    Default Second Crane erected

    I was on the 104 today and they were erecting the crane for the lower tower facing CPW

  10. #115
    Forum Veteran krulltime's Avatar
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    Here are other renderings...


  11. #116

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    The notched setback takes some of the bulk out of the slab. The base gives it a weak presence on Broadway.

    I like the asymmetrical roof, with the turret on one side.

  12. #117
    Disgruntled Optimist lofter1's Avatar
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    That terrace near the top the Tower's south side (the unit with the semi-circle of windows) is SWEET ...

  13. #118
    Build the Tower Verre antinimby's Avatar
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    ...but those units facing Broadway immediately above the base with views of its roof, is not.

  14. #119
    Disgruntled Optimist lofter1's Avatar
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    Quote Originally Posted by antinimby
    ...but those units facing Broadway immediately above the base with views of its roof, is not.
    ^ yeah, but you can grab one of those for a mere $3 M, so what's to complain about?

  15. #120

    Default hotel empire on w 63rd

    does anyone know what is to become of the old hotel empire? I am a bit perplexed because I thought PJ Clarkes was going to open there this spring. I noticed that the bodega and lincoln staioners closed up shop this past week.

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