15 Central Park West Apartment Reduces Price

A few weeks ago we reported that 15 Central Park West owners are steadily increasing their wealth. Well, times have changed and the first price cut is out. Unit 15B initially hit the market with a price tag of $35 million and got reduced to $29.5 million two days ago. Ouch. A price drop of 16 percent might sound like a lot but in this case it’s simply a more realistic price, however it is still a blow to the ego.

The unit was purchased in October 2009 for $24 million. Selling it for $29.5 million still makes the owner a great profit on their investment – not bad for 3 years. The current price per square foot is $8,758.

The 3,368-square-foot, seven-room, three-bedroom luxury apartment has unobstructed Central Park views from floor-to-ceiling windows and a cozy little terrace.