The constant one-upmanship that has come to define New York's luxury real estate market has reached new heights. After the record-breaking sale at 15CPW, Extell developers price hiked their penthouse at One57, The Journal reports, raising the price from $98 million to an astonishing $110 million. Read More
If the construction of The Edge condominiums on the North Brooklyn waterfront, along with North Side Piers next door, did not seal the fate of Williamsburg As We Know It, then the latest sale in the building certainly has.
The two-towered condo project has been the best selling building in New York through the first half of the year, and helping propel it to that point is Jordan Milman, a former Deutsche Banker trader who left the firm last year to help found a hedge fund. According to The Journal, Mr. Milman and his pals at LibreMax weren't down with the Volker Rule.
Could things get any less hip?
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Following his Watergate days, Carl Bernstein became a fixture of New York society, living the uptown life with the likes of Nora Ephron, Bianca Jagger, Martha Stewart, and now his wife Christine Kuehbeck. Yet it seems the sometime rock critic may have gotten hip to downtown living.
The inimitable Jennifer Gould Keil is reporting in the Read More
Unreal Estate! A slide show through the city's prettiest pitied townhouse Read More
These are anxious days for very expensive, wildly high, overly plush New York apartments. On the one hand, it's so common for fancy sellers to be losing money on their real estate deals that no one's really shocked when a Jean Nouvel condo sells for hundreds of thousands of dollars less than it was Read More
The thing is a doozy.
Under the headline Sophisticated Penthouse Duplex, the brokers describe the villain's lair thusly: "Perched atop a distinguished white-glove Read More
This July, a very select group of very proper Manhattan real estate brokers flocked to Bernard Madoff's penthouse at 133 East 64th Street. "Everybody kind of wandered around the apartment, and they herded us into the living room," one of the brokers complained afterward. "I just don’t see how they can make an evaluation Read More
Susan Bloomberg, the mayor's ex-wife, turns out to have a very hip apartment. A One Kenmare Square penthouse filled with punchy reds, yellows and purples (plus what may or not be some crushed velvet furniture) was just listed for $11.5 million. According to city records, Ms. Bloomberg spent $10 million on the place Read More
After selling her Web site mediabistro.com for $23 million, Laurel Touby told The Times that she had somewhere between $9 million to $11 million in her bank account after taxes. "I had all kinds of illusions about how far the money would go and what I would enjoy, but they’re not true," The Read More
This week's Observer checked in on last year's most lush listings: Of the 10 New York properties that were asking over $45 million in late 2008, only one has sold, and half have fallen off the market without a sale. "The timing was not good, so I didn't get any offers," said Victoria Shtainer, Read More
When the domed duplex penthouse at 285 Central Park West came on the market 15 months ago, the asking price was $16.5 million. Less than three weeks later the tag was down to $14.5 million, according to the listings Web site StreetEasy, which became $12,999,000 in September, $11.7 million in October, and then Read More
It's been a humbling year for monstrously expensive, monumentally plush New York real estate: Not only is the most expensive townhouse ever sold in Manhattan asking a few million dollars less than it was bought for, but the price of Julian Schnabel's five-floor Palazzo Chupi penthouse has gone from $59 million to $38 Read More
Only a few weeks ago, embattled film executive Bob Weinstein was quietly asking $34 million for his 14-room penthosue at the Beresford, even though he bought it in 2004 for $20 million. This week it's officially on the market, but, sadly, he's now only hoping for $29.75 million. The world of gloriously, Read More
Dave Gahan, the lead singer of the melodramatic synth-pop outfit Depeche Mode, has sold his three-bedroom, 1,920-square-foot loft at 99 Jane Street for $4 million, according to a deed filed Thursday afternoon. The apartment, with a soaking tub and separate shower in the master suite, went to the well-named buyer Atalanti Martinou.
Brown Harris Read More
But according to deeds filed in city records, Read More
