Treasury Dept. will follow in footsteps of House of Outrageous Fortune
The United States Department of the Treasury announced today that it will begin to do broadly just what the New York Times bestselling House of Outrageous Fortune did for one prominent building, 15 Central Park West, back in 2014, and “identify the natural persons behind companies used to pay ‘all cash’ for high-end residential real […]
Supertalls drooping? Tightening the Billionaire’s Belt
Katherine Clark of The Real Deal’s report last week that the “irrational exuberance” among developers of apartments for the super-wealthy is waning, according to participants in a recent realty summit, seems to confirm anecdotal reports that have filtered into and through Gripepad in recent months. “The market today is very slow in terms of high-end […]
15CPW drops a notch after seven years as NYC’s costliest building
It was inevitable that Fifteen Central Park West would have to give up its crown as Manhattan’s most expensive building, but its seven-year run has nonetheless been impressive, and the building that finally usurped it owes it and its developers, Will and Arthur Zeckendorf, Eyal Ofer‘s Global Holdings, and Goldman Sachs, a great debt of […]
Another one bites the dust: RIP Bookhampton
Truly sad news in the inbox last night: Bookhampton, the multi-door east end independent bookseller, will close shop after this holiday season–unless a white knight comes along to save it. There are no words. And after December, there will literally be none left out there. Anyone want to step up and save the day?
A Tweet from 15CPW comes to Twitter
Reuters reports that Iranian-American Omid Kordestani, an early Google executive, is moving to Twitter as its new executive chairman. Kordestani and wife Gisel own a duplex on the 16th and 17th floors of Fifteen Central Park West, between hedge hog Barry Rosenstein of Jana Partners and wife Lizann and Sting and wife Trudie Styler. Lloyd […]
Billion Dollar Babies (plus an ink-stained wretch)
Will and Arthur Zeckendorf, co-developers of Fifteen Central Park West, launched the sales gallery for their latest project, 520 Park, another Robert A.M. Stern limestone-clad production, this week–and we realized we’d never before posed for a picture together. They’re not really taller than me; they’re standing on their wallets. (Photo by Craig Barritt)
Salezapoppin’ at 15CPW
Apartment 8A at Fifteen Central Park West is in contract for $35 million, reports Donna Olshan of Olshan Realty, which issues a weekly report on contracts signed for New York apartments selling for $4 million or more. As usual, count on Gripepad to name names. The seller, lurking behind an LLC called Swiftsure Property, and […]
Indonesia on the Hudson: Fifteen owner asks $31 million
Last night, Mansion Global, the Wall Street Journal’s real estate spinoff, revealed the latest listing at Fifteen Central Park West, subject of House of Outrageous Fortune–apartment 28D, a three bedroom corner spread with three exposures, listed for $31 million. As is so often the case with condos on the billionaire’s belt, the owner is hidden […]
Bad decor but a great address
Curbed just found another new eight-figure listing at Fifteen Central Park West. The décor is underwhelming, but the space is, well, outrageous. Though I’m not sure I would want to bunk directly underneath Dan and Margaret Loeb, someone will surely want that position. Curbed asked me why several 15CPW units have come onto the market. […]
Polo player chukkas 15CPW pad
The New York Observer reports that apartment 35D at Fifteen Central Park West has come on the market for $33 million, but calls the sellers “whoever they are.” Whoever they are is “Victor Vargas, a Venezuelan banker with six homes, a polo team, and a daughter who married Luis Alfonso de Borbón, a great-grandson of […]