LIMESTONE COMES TO WEST CHELSEA

Posted by Leonard Steinberg of URBAN COMPASS on July 20th, 2014 Limestone, a facade material most associated with tony Park Avenue and Fifth Avenue uptown buildings has emerged in……of all places….West Chelsea, Downtown New York! Very few buildings Downtown boast this beautiful material: 15 Central Park West clad its entire facade in Limestone to emulate… [Read More]

100 ELEVENTH AVENUE JEAN NOUVEL PENTHOUSE CLOSES

Posted by Leonard Steinberg on April 23rd, 2012 The 4,675 sf Jean Nouvel penthouse at 100 11th Ave. staged by Aimee Scher has closed for $ 19,4m ($ 4,149/sf). That’s 1/3 the price per square foot of 15 Central Park West’s penthouse making it a relative bargain. With 4,412sf of terraces and unrivalled views: West Chelsea continues… [Read More]

FROM RUSSIA WITH LOVE: 15 CENTRAL PARK WEST SELLS FOR $ 88 MILLION, OR $ 13k/sf)

Posted by Leonard Steinberg on November 21st, 2011 Christmas is almost upon us but some really good girls have had a visit from Santa a wee bit early: The 22-year-old daughter of Russian billionaire Dmitriy Rybolovlev received an $88 million penthouse condominium located at 15 Central Park West in her stocking from her daddy — the most expensive residential transaction… [Read More]

GOLDMAN SACHS SAYS NEW YORK REAL ESTATE TO DROP 6% IN 2012

Posted by Leonard Steinberg on December 6th, 2012 Analysts at Goldman Sachs predict in a new report (published on Friday) that the end of the crash in home values is actually within view……and will bottom out in mid to end 2012. The report however forecasts price declines of at least 6% for New York and Atlanta…. [Read More]

GLOBAL CENTER GATED UBER-COMMUNITIES

Posted by Leonard Steinberg on August 12th, 2011 As the political climate shifts to a more conservative stance, and the almost certainty that Rick Perry will be the next USA president, the super-wealthy will continue to seek out homes within communities that protect and separate them from the increasingly volatile outside world. These gilded, gated… [Read More]

WEST VILLAGE CONTINUED STRENGTH

Posted by Leonard Steinberg on June 2nd, 2011 The penthouse at 2 Horatio just went to contract for over $ 4,000/sf: Granted it was gut renovated, has spectacular views and significant outdoor space, but 2 Horatio is not exactly considered a trophy building. It is a co-op with lovely apartments, although most are rather ordinary…. [Read More]

OIL/INTERNET TYCOON-CARRIER? WATCH OUT INTREPID!

Posted by Leonard Steinberg on January 10, 2011 INSANE? The photo you above is just a mockup. But even with something just dreamed up in the mind of some crazed super yacht designer, you have to admit that it looks disturbingly appealing, in a Dubai-meets-Donald gawdy kind of way….. This creation is called “The Streets of… [Read More]