Skip to main content
The New York Times

Big Ticket: $25,925,000 for a Perch Above Central Park

By: Vivian Marino
Published: 2/8/2015Source: The New York Times

15 Central Park West Credit Ozier Muhammad/The New York Times 

A spacious three-bedroom apartment with stunning park, city and river vistas at 15 Central Park West, the exclusive twin-towered limestone condominium designed by Robert A. M. Stern Architects, sold for $25,925,000 and was the most expensive sale of the week, according to city records.

The monthly carrying costs for the 2,761-square-foot residence, No. 35C, which sold for $4.07 million below its asking price of $29.995 million, are $6,478, according to the listing.

Perched high above Central Park, the seven-room apartment with three and a half baths features an eat-in kitchen, two decorative fireplaces, formal living and dining rooms and large picture windows that provide treetop views of the park and an expansive display of the Hudson River and cityscape.

Jill Roosevelt of Brown Harris Stevens represented the seller, identified in city records as New York CPW LLC, but widely known to be Michael Lewis, a commodities strategist. Property records show that Mr. Lewis bought the sponsor unit in 2008 for around $10 million.

Ms. Roosevelt, citing a strict confidentiality agreement, declined to comment on the transaction. The buyer was identified in city records as Michael B. Kim.

This week’s runner-up, at $10,177,408.75, is a three-bedroom three-and-a-half-bath sponsor unit at 737 Park Avenue, formerly a 1940s rental building on the northeast corner of 71st Street. The building was acquired in 2011 by Macklowe Properties and the CIM Group and converted into about 60 residences by Handel Architects.

The 2,915-square-foot apartment, No. 8C, which features a south-facing corner living and dining room with nine windows overlooking Park Avenue, includes an eat-in kitchen with marble floors and countertops. Monthly carrying costs are $6,736.87.

“This apartment is an amazing marriage of old and new. You have a prewar building redesigned for contemporary lifestyles on one of the best blocks in the city,” said Hilary Landis of the Corcoran Group, who represented the sponsor, along with Deborah Kern, also of Corcoran. Ms. Landis said the buyer was impressed with the “loftlike feel” of the apartment.

Patricia Shiah of Stribling & Associates brought the buyer, whose identity was shielded under the limited liability company 737 Park Apartment.

Copyright © 2015 The New York Times Company. Reprinted with Permission. Ozier Muhammad/The New York Times. 

Please click here to read the article on nytimes.com

 

RETURN TO PRESS PAGE