Luxury Apartment News

Owner of José Cuervo, Juan Beckmann, buys NYC Apartment for $24.9M

Friday, 19 Jul 2019 06:39 PM
And he’s done it again! Mexican billionaire and owner of the world’s most selling Tequila, José Cuervo, has just grabbed a $24.9 million apartment at 1010 Park Avenue, according to The Real Deal. Mr.

Baccarat Sells Second Condo for $20M!

Tuesday, 26 Mar 2013 03:22 PM

Baccarat Residences at 20 West 53rd Street went on the market this March with 61 units. Prices vary from $3.5 million for a one-bedroom unit up to $60 million for the penthouse. The average square-foot price for the 61 units is $4,500. Now, the Baccarat has just sold its second apartment, a four-bedroom unit with 4,545 square feet, for an incredible $20.25 million. The first unit contracted, a one-bedroom unit on the 24th floor with 932 square feet, went for $2.7 million.

Steve Madden Lists UES Townhouse; Maurice Sendak Co-op Hits the Market

175 East 73rd Street and 40 fifth ave

Steve Madden: Steve Madden, the footwear giant, and his wife, Wendy Ballew, have just listed their luxurious Italianate style townhouse for $9 million. The townhouse, which is located at 175 East 73rd Street, originally consisted of three separate units. The couple purchased the first apartment in 2006 for $3.6 million, the second in 2009 for $2.2 million, and the third only a few months ago for $1.9 million. Strangely enough, right after the couple finishes consolidating the three apartments into the house of their desires, it goes right back on the market.

Amazingly Affordable Views with Latest City Spire Condo

Thursday, 17 Jan 2013 03:41 PM
City Spire 150 West 56th st living

City Spire has made some buzz with its latest $100 million penthouse and simultaneously endured some criticism for being overpriced and a matter of taste.

Weston Capital Partners Buys Penthouse at 350 West Broadway

Thursday, 17 Jan 2013 01:28 PM
350 West Broadway living room

350 West Broadway has finally sold its penthouse for a strongly chopped price of $17.5 million. The building built in 2008 initially offered the apartment for $26 million. A price drop followed in 2012 to $20.65 million. The developer, Aby Rosen, had to accept a further price crunch and accepted a deal for $17.5 million. Mr. Rosen has built a reputation as a savvy deal maker with a taste for important real estate.

J. Michael Evans Sells Park Laurel Penthouse

Monday, 14 Jan 2013 04:41 PM
The Park Laurel 15 West 63rd Street living room

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.

15 Central Park West Rocks the Market with a Sale

Sunday, 13 Jan 2013 11:24 PM
15 central park west $32.5 million

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.

One Beacon Court Condo Sells for $13.5M

Sunday, 13 Jan 2013 11:02 PM
One Beacon Court at 151 East 58th Street living room

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.

Azure Penthouse is Back on the Market for $13M

Tuesday, 18 Dec 2012 09:40 AM
AZURE, 333 East 91st Street living

The Azure penthouse is back on the market for $13 million. The 34-story building located on the Upper East Side at 333 East 91st Street has had quite a rough time after its crane accident killing two people. Almost five years have passed since the incident, and Azure has started making its comeback with 65 percent of its units already sold.

Glen T. Senk Sells UES Apartment

Thursday, 08 Nov 2012 02:25 PM
Glen T. Senk Sells 1060 Fifth Ave UES Pad

Glen T. Senk, former CEO and director of Urban Outfitters Inc, has sold his Upper East Side co-op for $5 million, according to city records. Mr. Senk bought the UES pad at 1060 Fifth Avenue for $4.56 million in 2006. The initial asking price was $5.95 million back in January but it was reduced to $5.495 million and finally sold for $5 million, after it had been on the market for over 41 weeks. Betsy Green of Prudential Douglas Elliman exclusively brokered the apartment until May when her exclusive expired. Leighton Candler of The Corcoran Group successfully took over the listing.

Extell Returns One57 Deposit to Hirtenstein After Cancelling

Thursday, 25 Oct 2012 08:48 AM
Michael Hirtenstein is out of One57

It is now official; Michael Hirtenstein is out of New York’s hottest new construction – One57. Gary Barnett has returned Michael Hirtenstein’s contract and deposit. The New York property investor Michael Hirtenstein was in contract to buy a unit for $16 million, and he was treated like any other buyer, which means, that he wasn’t allowed to see the unit before completion.

NYC Luxury Condo Park Imperial Loses Celebrities

Wednesday, 10 Oct 2012 11:34 AM
One57 and The Park Imperial

There’s one thing that Diddy, Deepak Chopra and Christopher Meloni have in common. They’re all about to leave The Park Imperial Condominium. Once a celebrity magnet, known for its perfect Central Park views, it's about to loose both. One57, Extell’s new luxury condo on 57th Street will play its siren song and entice celebs with a more exclusive address just one street away.