Posted by Leonard Steinberg on December 8th, 2011 Is 57th Street becoming the new PARK AVENUE? With ONE 57, the EXTELL developed tower located between 6th and 7th avenues on 57th street commanding prices upwards of $ 5,000/sf comes confirmation that Macklowe’s site (now CIM)of the former Drake Hotel on Park Avenue and 57th Street… [Read More]
$ 13,700/sf FOR TIME WARNER APARTMENT?
Posted by Leonard Steinberg on September 19th,2011 The penthouse at the Time Warner Center has come back on the market again,this time with a jaw-dropping asking price of $ 60 million…..or almost $ 14,000/sf…..for a penthouse without outdoor space. Is this crazy? Maybe, maybe not, but it certainly would come close to doubling previous records… [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]