As any Times Styles section writer knows, it takes at least three to make a trend, so we guess we can officially call it now: the much-ballyhooed real estate trophy market is over-hyped.
Today, yet another ambitious trophy listing was yanked from the market, slinking away just a few weeks after taking a $10 million price cut. Leroy Schecter’s 35th-floor spread at 15 Central Park West, which made such a big show of asking $95 million when it debuted last August, is no longer for sale. And like City Spire and the Woolworth Mansion before it, the 15 CPW departure was not occasioned by a sale.
So many of 15 Central Park West’s residents have flipped their apartments for such massive sums that it sometimes seems like the whole building is cheating at tiddlywinks with the New York real estate market. Especially after the $88 million sale of Sandy Weill’s apartment, residents might be forgiven when they list their apartments for prices that seem somewhat deluded. Still, Leroy Schecter’s bid to make $40 million for tearing down a wall seems straight-up delusional.
Last week, in the aftermath of the Met Costume Institute Gala, fashion and society buzz boards were atwitter with four words: Sarah, Jessica, Parker, Halston. The Sex and the City star, who was recently appointed the new president and chief creative officer of the legendary American clothing brand, looked eager and adorable, like a sun-kissed, Read More
Just when we thought Superior Ink was taking a Seabiscuit stride ahead of it’s tonier Upper West Side step-sibling (the lush developments both bear Robert A.M. Stern’s signature and have experienced similarly resounding sales success), 15 Central Park West is making a comeback of sorts.
According to knowledgable sources, the merged unit 35AB—combined by current Read More
Former Burger King CEO Bradley Blum‘s recently purchased $3.7 million condo at 141 Fifth Avenue is flame-grilled to perfection. The freshly renovated landmark building, between 20th and 21st streets, has already almost completely sold out, according to Emily Beare, the building’s director of sales and an executive vice president at marketer CORE. The 1890s building in the heart Read More