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Another 15 CPW unit set to break records?
2011-12-20
Another 15 Central Park West apartment has just hit the market for a massive $35 million, the New York Observer reported, and could break a new city record. The three-bedroom, three-bathroom unit, which is just 3,368 square feet, is asking $10,391 per square foot, which would set a record as the first city unit to break five-figures on a per square foot basis.

The price may be ambitious, the Observer noted, given the fact that a comparable unit on the 31st floor, 16 stories higher than unit 15B, just sold for just $24 million, or $7,563 per square foot. But listing broker Dolly Lenz, vice chairman of Prudential Douglas Elliman, may be banking on the "Weill factor" -- momentum generated by the successful sale earlier this month of financier Sanford Weill's 15 Central Park West apartment, which was asking $88 million.

According to a search of public records by The Real Deal, an LLC by the name of GBL Management purchased the apartment for $19.9 million in 2009.

[source]

Article By Admin, NewsFeed

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