It seems Superior Ink, the toniest condo conversion south of 60th street, isn’t content holding the record for highest downtown property sale. Although the building, a former ink factory, did indeed sell the most expensive downtown unit back in 2010 for $31.5 million, Superior Ink has just set a loftier goal. Read More

The numbers are in! In the steep and longstanding real estate rivalry between Fifth and Park Avenues, there is a clear winner, DNAinfo reports. While Park Avenue may boast gilded grandaddy coops like 740 and 1050, it costs more money to live on Fifth Avenue, the most recent statistics show.

The median price for a Fifth Avenue pad is $2.83 million, while the median price on Park Avenue is a paltry $2.55 million. But the outlook isn’t all bad for Park. Read More

When Sandy Weill very publicly announced that he was selling his 15 Central Park West penthouse for $88 million and donating the proceeds to charity, brokers and real estate busybodies had a good chuckle. Amazing PR move, of course, but to think that someone would actually cough up so much money for an apartment, any apartment, was improbable, even at the greatest building ever built.

In all likelihood the place would sit on the market for a year or so, the price repeatedly slashed, until it sold somewhere in the fifties or, with a little luck, low sixties. And Mr. Weill could throw up his hands and say, “Gosh darnit I tried to get $88 million, see I tried!”

People choked on their guffaws when a buyer was found just weeks after the place hit the market. Still, the price to be paid simply couldn’t be anywhere near $88 million. Could it? Read More

Brooklyn boy Sandy Weill, the former CEO of Citigroup, made waves when While a whole array of photos were originally posted along with Kyle Blackmon’s listing on the Brown Harris Stevens website, all but one of the images have since been taken down. The floor plan proudly remains, however, depicting the condo’s mouthwatering layout.

We Read More

As you’ve probably guessed by now, the buyer behind Brooke Astor’s $21 million apartment is in finance and like most 8 figure apartment-buyers, this guy is a hedge fund hot-shot.   Daniel Sundheim, a portfolio manager at Viking Global Investors, made the costly Astor investment with his spouse, Brett, city records show. Brett, as in Read More