NY nesting News

Goldman Sachs executive J. Michael Evans has sold his condo inside Park Laurel at 15 West 63rd Street for whopping $23.75 million. The penthouse, designed by Gwathmey, was sold just in the nick of time, right before the New Year. Well, it was most likely a wise decision in order to avoid capital gains taxes brought by the fiscal cliff.

The nearly 4-year delayed construction at 56 Leonard Street in Tribeca has been backed by a $350 million loan. Seven banks, led by Bank of America, granted the loan. The developer, Alexico Group, purchased the site from New York Law School for $135.5 million and set the foundations of the building three years ago.

A four-bedroom pad was traded for a whopping $32.5 million. At first sight it doesn’t sound that impressive, considering it’s 15 CPW, but it was purchased only 5 years ago for $16.9 million. Making the owner a profit of nearly 100%. That’s the magic of 15 Central Park West. It’s probably New York’s most secure type of real-estate investment. And who would know better than the sellers of their luxury condo, former Lehman Brothers executives Arthur and Evelyne Estey.

James H. Dhal, an environmentalist and founder of the Florida-based Rock Creek Capital and his lovely wife Kathleen Dahl have sold their ultra-luxury, three-bedroom condo inside One Beacon Court at 151 East 58th Street for $13.5 million. The asking price for the apartment was $13.57 million and was listed in August 2012. The deal closed on December 28., right before higher capital gains tax would threaten the Dahls. Just in time to avoid the fiscal cliff.

Actress and talk show host Kelly Ripa, who has been nominated for 8 Daytime Emmy Awards and is the recipient of 5 Soap Opera Digest Awards, along with hubby Mark Consuelos Ripa have listed their duplex penthouse at 76 Crosby Street in Soho for $24.5 million. The married couple purchased the apartment back in 2005 for $9.5 million and spent two years renovating their new home.

A massive fire at 41 Spring Street has broken out. The residential building, built in 1900, has 10 units on 5 floors.

The building, between Mott and Mulberry Streets, has caught fire at about 6:40pm.

Almost 200 firefighters were at the scene trying to put out the blaze. 

A spokesman said, that one person died at the scene. Two people were injured and were taken to the New York Downtown Hospital.

As of now the fire has still not been put out, according to the FDNY. The area around the fire is closed on a large scale. 

A hollow townhouse, without a back, is in contract for nearly $19 million. Let’s take a look at the 21-foot wide front façade. The quite pretty limestone trim and decent marble façade makes an impression that the townhouse should be in a mint condition. Well, in case of 12 East 82nd Street that is not the case. The back is missing, the rain goes right thorough it, neighbors need to put up flowers in their windows in order not to see the ugly mess. The back has been missing for nearly three years.

The uber-succesful Hollywood production couple has sold their Midtown West apartment inside 120 Central Park South. The couple, known for Schindler’s list, The Sixth Sense, Back to the Future, Jurassic Park, Indiana Jones, Star Wars and E.T., listed the apartment in September with an asking price of $3.595 million. The buyer obviously had good taste as the quite, nice apartment was sold a little over the asking price, for $3.62 million.

Development of the 150,000-square-foot site at 953-961 First Avenue has been on and off for many years, but as one of the most prolific contractor/development company in USA., The Toll Brothers, have done just what you'd expect. It’s been some while since we heard any news about the seemingly deserted site but The Toll Brothers has affirmed that the best property investment in the market is in NYC. They have decided to grab the site for a proud sum of $64 million.

The rental building at 2410-2418 Broadway has been traded for $47 million to the ever ambitious, on the edge real estate buyer, Robert Gilardian in another attempt to be the best of the best. He bought the building in a rush to get the transaction completed before the end of the year on December 31, are tax exemptions in play? The 12-story Upper West Side building has 46 super, elegant apartments and 5,000 square-feet of retail space mostly facing Broadway and on the other side 89th street.

Get a taste of NYC luxury living and keep an eye on 57th Street in Manhattan, as it becomes increasingly evident of its becoming Manhattan’s most exclusive street in New York. For those who are considering this side of the city, keep your eyes and ears open.

Who has not stopped in front of The Chatsworth and admired its charming exteriors and unique beauty? This is one factor which influenced its selling price in the market, adding to the fact that it is a landmark property. The Chatsworth has been sold for a whopping $150 million to the HFZ Capital Group and its partner BSG Real Estate. The price per square foot is $33.38 and would have gone way higher if roughly 50% of the apartments were not rent stabilized. Another obstacle for a higher price might have been the proven strong will and determination of its tenants.

Stuyvesant Town, one of New York City’s most iconic post-World War II private housing communities, has just been given a new appraisal. The independent appraiser for CWCapital Asset Management valuated Manhattan’s largest apartment complex at $3.2 billion, compared to its last appraisal dated back to 2010 when it was valuated at only $2.8 billion – $400 million less of its current assessment. CWCapital Asset Management ordered the appraisal on behalf of the bondholder owners.

Pop singer Ricky Martin has purchased an apartment at 170 East End Avenue on the Upper East Side. Although it was originally listed for $6.495 million, Ricky was able to get the unit for only $5.9 million.

New-Zealand-born Supermodel Kylie Bax, whose beautiful face is on more than twenty Vogue covers, has listed her Tribeca Duplex for $3.1 million. This Kiwi model and mother of two, still has a house in Greece, Los Angeles and recently moved to Sidney, Australia with her family. Kylie purchased two apartments in the building in 2008 for a total of $2.1 million, combined them into a duplex and did extensive renovations.