Category: Central Park West / Columbus Circle

13 New York Buildings That Turn 100 in 2013 – New York Architecture & History

13 New York Buildings That Turn 100 in 2013 – New York Architecture & History Source: Curbed.com - March 18, 2013 Article by Hana Alberts

In 2013 13 historically important and beautiful New York buildings will turn 100 years old. While Manhattan is a city of change and new buildings like the Freedom Tower, One57, and 56 Leonard Street capture our attention today, passing by the stately buildings of the past like The Woolworth Building or Grand Central make our daily lives richer in New York. Sometimes I force myself to put my phone away as I move around the city and look up at buildings I have never noticed before. The wide collection of stunning architecture we have in New York is refreshing. See New York’s best of 100 years ago, couresty of Curbed.com’s summary of each building and a link to the building’s web-sites. As spring hides but waits around the corner follow this list and create a walking tour for a lazy spring weekend.

Which one is your favorite?

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Manhattan Real Estate Inventory Down | Signed Contracts Up

Manhattan Real Estate Inventory Down | Signed Contracts Up Snow over Downtown Manhattan | Photo by Tony Sargent (C) 2013

In the last weeks both Jonathan Miller (on Curbed) and Urban Digs reported and provided data to support what buyers and sellers alike are finding in the Manhattan luxury condo and luxury loft market; inventory is at seven-year lows and competition among buyers for new apartments that hit the market is super high. Multiple bids are back, especially in the $2-5 Million price point, and buyers in areas like Tribeca, Greenwich Village, the West Village and on the Upper West Side are feeling the heat. While the entry level market is very competitive downtown, pricing still needs to be on-target otherwise buyers are moving onto the next best property.

Check out these graphs created by Jonathan of Miller Samuel and Noah of Urban Digs. They say a picture is worth a thousand words. These graphs take things from ‘broker-speak’ to reality.

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International Luxury Real Estate: The World’s Most Expensive Place to Buy a Luxury Home – Bloomberg Video

New York Luxury real estate sales have been extremely strong in 2012. With apartments at 15 Central Park West, One57 and the Ritz selling or going to contract for over 70 million dollars, some owners in Manhattan are starting to contemplate whether now is the time to sell their luxury coop or condo. Many of people I know who are not buying trophy properties in New York ask me, where is all this money coming from? Is it temporary? From research I’ve done, with the expansion of global economies and the increase the number of super-wealthy individuals in places like Read more…

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What is Real Estate?

What is Real Estate?

What is real estate? As I leave my office late tonight, I look at the list on my desk-wall of clients who want to buy or sell. They aren’t numbers to me. They are people: fathers, mothers, children, partners. All with a dream of owning a home or having more space. A place to create memories, to celebrate anniversaries, to laugh, to cry, to perhaps disagree and then come back together. To watch teeth fall and then the 1st sideburns grow.

This is why I do what I do. To help people make their dreams come true, as smoothly as I can. Nothing feels better than to seem them smile on closing day…and five years later. – By Tony Sargent

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Zeckendorf selling for $10,259 per SqFt!

Zeckendorf selling for $10,259 per SqFt! 15 Central Park West (at Left) with Central Park - Photo Credit -Ourbania

William Zeckendorf has signed a contract to sell his 3 bedroom Penthouse apartment at 15 Central Park West for $40 Million. The apartment sale now ranks as the highest per square foot Manhattan residential sale, according to The Real Deal. He reportedly paid his family who developed the building $10.7 Million in 2005 for the unit.

The recent surge in super luxury property sales has lead some real analysts to wonder if this is a wave due to the uncertainty around whether or not capital gains taxes will be raised by the administration in 2011. If so, it may result in a slow down of transactions in this category after the new year, if the change passes Congress. They are due to revisit the issue November 15th.

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Monday Market Video: Average Manhattan Home Now Costs $2M

Posted on April 4, 2016

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