Legendary music mogul Clive Daivs is no stranger to pricey Park Avenue real estate, as he owns four apartments in the luxurious Ritz Tower. A few months ago, he placed one of those homes on the market for $7.8 million but has since reduced the price to $6.995 million.
Designer Francisco Costa’s apartment is currently on the market at just under $4.7 million and is looking as sleek and glamorous as a world-famous designer’s apartment should look. 417 Park Avenue, a three bedroom, two and a half bath apartment, also comes with a private elevator, antique hardware, butler’s pantry and more. This elegant, sizable home has a minimalist feel, with white walls, solid parquet flooring, and a few choice furniture pieces spread throughout.
Hedge fund honcho Stephen A. Cohen, fresh off his $1.2 billion settlement with the government, has apparently decided asking for $117 million for his duplex was a skosh too much.
Modern Family star Sofia Vergara is apparently moving into the “The Wolf of Wall Street” featured Milan Condominium at 300 East 55th Street, since her fiancé Nick Loeb has just rented an apartment there.
The Residence at the River House, which is not just the most expensive home in New York City at $130 million but upon completion will also be the city's largest single-family home, has released new renderings illustrating its jaw-dropping plans.
In its breathtaking renderings, the astonishing 62,000-square-foot, five-level property has the potential essentially to surpass all other pre-existing luxury homes around the city and become the epitome of luxury.
Actress Uma Thurman has managed to snap up a $10 million apartment at the prestigious River House at 435 East 52nd Street, which is so elite that it once turned down actress Diane Keaten and legendary socialite Gloria Vanderbilt.
50 United Nations Plaza is still under construction, but the asking price for the top penthouse is a staggering $100 million! Yes, although the newly listed incomplete unit will be comprised of 15,597 square feet, the price tag is still pretty astonishing.
Roman Abramovich, the Russian billionaire, is planning to purchase a historic mansion on Fifth Avenue for a jaw-dropping $75 million! This will win first place for the most expensive purchase of a New York City co-op—ever!
Abramovich and partner Dasha Zhukova are in contract for the luxurious 22-room 828 Fifth Avenue residence, which includes eight bedrooms, 10.5 bathrooms, ballroom, gym, and library decked out in a rather interesting hybrid regal/contemporary decor.
It’s about time that someone clears out the endless construction around the Franklin D. Roosevelt Drive. If you are looking for luxury along the East River you are in luck! Look no further than 616 1st avenue, where 2 brand new copper luxury residential high rises are in the first phases of construction.
The demand for ultra-luxury apartments has never been as high as it is right now. Only a few days ago we reported the unveiling of the buyer of a $90 million penthouse at Extell’s luxury tower, One57. Today it’s 432 Park Avenue’s turn to report a record-breaking deal.
The tallest residential building in the western hemisphere, set for completion in 2015, is hitting the market with record-breaking prices. The 126 new apartments will rake in a combined $2.7 billion—a sum that has never been reached before. This amounts to an average of $6,742 per square foot. It is the third time 432 Park Avenue has increased its price forecast; the last prediction was set at $5,941 per square foot.
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.
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.
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.
The world's largest social networking site has recently announced the opening of its very first office for design in Manhattan. One year ago, Facebook opened an engineering office—the current home of Facebook’s design team—in New York at 335 Madison Avenue. After the opening of the new design office, however, Facebook will not only move its design team to Manhattan but it will also hire an unspecified number of new designers, creating jobs for Manhattan residents.
