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	<title>Observer &#187; Fifteen Central Park West</title>
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		<title>Observer &#187; Fifteen Central Park West</title>
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		<title>15 CPW Gets Its First Russian! Arts Patron Guzik Buys $4.2 M. Condo</title>

		<comments>http://observer.com/2008/01/15-cpw-gets-its-first-russian-arts-patron-guzik-buys-42-m-condo/#comments</comments>
		<pubDate>Fri, 25 Jan 2008 22:02:35 -0400</pubDate>
					<link>http://observer.com/2008/01/15-cpw-gets-its-first-russian-arts-patron-guzik-buys-42-m-condo/</link>
			<dc:creator>Lysandra Ohrstrom</dc:creator>
				
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		<description><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/15cpw1.jpg?w=300&h=161" />Russian-born technology mogul and Bay Area resident Nahum Guzik spent $4.2 million on Unit 10L at 15 Central Park West, according to a property deed filed today. Mr. Guzik is also an arts patron. According to <a href="#guzik">the Web site</a> of Chamber Music San Fransciso, he funds a sort of <em>American Idol</em> for the classical set:</p>
<div class="oldbq">
<p>Every year, music schools throughout          Russia groom their finest students to compete for scholarships granted          by the Guzik Foundation. A handful of these, the best of the best, are          chosen to be Guzik Foundation Award Winners.  The Award Winners receive          prizes including performances, recording contracts, and cash. And it is          this elite group, the cream of young Russian talent, who will perform          in San Francisco in February. </p>
</div>
<p>The Plaza--Manhattan's other new fabulously amazing condo--has had its <a href="/2007/another-putin-pal-patriots-owner-robert-kraft-buys-plaza">fair share of Russian buyers</a>, but Mr. Guzik is the first first Russian-American that we know of to close on a condo at 15 Central Park West. </p>
]]></description>
		<content:encoded><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/15cpw1.jpg?w=300&h=161" />Russian-born technology mogul and Bay Area resident Nahum Guzik spent $4.2 million on Unit 10L at 15 Central Park West, according to a property deed filed today. Mr. Guzik is also an arts patron. According to <a href="#guzik">the Web site</a> of Chamber Music San Fransciso, he funds a sort of <em>American Idol</em> for the classical set:</p>
<div class="oldbq">
<p>Every year, music schools throughout          Russia groom their finest students to compete for scholarships granted          by the Guzik Foundation. A handful of these, the best of the best, are          chosen to be Guzik Foundation Award Winners.  The Award Winners receive          prizes including performances, recording contracts, and cash. And it is          this elite group, the cream of young Russian talent, who will perform          in San Francisco in February. </p>
</div>
<p>The Plaza--Manhattan's other new fabulously amazing condo--has had its <a href="/2007/another-putin-pal-patriots-owner-robert-kraft-buys-plaza">fair share of Russian buyers</a>, but Mr. Guzik is the first first Russian-American that we know of to close on a condo at 15 Central Park West. </p>
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		<title>Travel Kingpin Buys $4.86 M. Condo in 15 CPW</title>

		<comments>http://observer.com/2008/01/travel-kingpin-buys-486-m-condo-in-15-cpw/#comments</comments>
		<pubDate>Fri, 18 Jan 2008 16:08:04 -0400</pubDate>
					<link>http://observer.com/2008/01/travel-kingpin-buys-486-m-condo-in-15-cpw/</link>
			<dc:creator>Lysandra Ohrstrom</dc:creator>
				
		<guid isPermaLink="false">http://www.observer.com/2008/01/travel-kingpin-buys-486-m-condo-in-15-cpw/</guid>
		<description><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/2005_10_15cpw_0.jpg" />Michael Holtz, the owner of the upscale travel agency Smart Flyer and one of the first owners in <a href="http://nymag.com/nymetro/shopping/homedesign/features/n_9810/">Richard Meier's Perry Street Tower</a>, bought a $4.86 million condo at 15 Central Park West on Thursday, according to city records.
<p>Mr. Holtz signed the contract for Unit 14K in August 2005, just a few months after he sold his <a href="http://www.nytimes.com/2005/03/13/realestate/13deal.html">66th-floor, three-bedroom condo in yet another star-studded building, the Park Imperial, to P. Diddy for almost $4 million</a>. Mr. Holtz had lived in the Park Imperial for only two years when he decided to move to a second-floor glass-enclosed apartment at Perry Street Tower. He now owns three condos in that building in addition to his new purchase at the <a href="/2007/robert-m-stern-conservative-manhattan">Robert A.M. Stern</a>-designed 15 Central Park West. </p>
]]></description>
		<content:encoded><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/2005_10_15cpw_0.jpg" />Michael Holtz, the owner of the upscale travel agency Smart Flyer and one of the first owners in <a href="http://nymag.com/nymetro/shopping/homedesign/features/n_9810/">Richard Meier's Perry Street Tower</a>, bought a $4.86 million condo at 15 Central Park West on Thursday, according to city records.
<p>Mr. Holtz signed the contract for Unit 14K in August 2005, just a few months after he sold his <a href="http://www.nytimes.com/2005/03/13/realestate/13deal.html">66th-floor, three-bedroom condo in yet another star-studded building, the Park Imperial, to P. Diddy for almost $4 million</a>. Mr. Holtz had lived in the Park Imperial for only two years when he decided to move to a second-floor glass-enclosed apartment at Perry Street Tower. He now owns three condos in that building in addition to his new purchase at the <a href="/2007/robert-m-stern-conservative-manhattan">Robert A.M. Stern</a>-designed 15 Central Park West. </p>
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		<title>$16 M. Sale at 15 CPW</title>

		<comments>http://observer.com/2008/01/16-m-sale-at-15-cpw/#comments</comments>
		<pubDate>Tue, 15 Jan 2008 18:58:49 -0400</pubDate>
					<link>http://observer.com/2008/01/16-m-sale-at-15-cpw/</link>
			<dc:creator>Lysandra Ohrstrom</dc:creator>
				
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		<description><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/090407_realestate_web_0_2.jpg?w=300&h=161" /><br />A condo in 15 Central Park West was purchased for $16 million, according to records filed today with the city. The property deed lists Katherine M. Snider as the buyer of Unit 12D in the new apartment building designed by <a href="/2007/robert-m-stern-conservative-manhattan">Robert A.M. Stern</a> and developed by the Zeckendorf brothers. </p>
]]></description>
		<content:encoded><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/090407_realestate_web_0_2.jpg?w=300&h=161" /><br />A condo in 15 Central Park West was purchased for $16 million, according to records filed today with the city. The property deed lists Katherine M. Snider as the buyer of Unit 12D in the new apartment building designed by <a href="/2007/robert-m-stern-conservative-manhattan">Robert A.M. Stern</a> and developed by the Zeckendorf brothers. </p>
]]></content:encoded>
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		<title>Goldman Sachs Partner Buys 15 CPW Condo for $8.2 M.</title>

		<comments>http://observer.com/2008/01/goldman-sachs-partner-buys-15-cpw-condo-for-82-m/#comments</comments>
		<pubDate>Thu, 10 Jan 2008 18:08:48 -0400</pubDate>
					<link>http://observer.com/2008/01/goldman-sachs-partner-buys-15-cpw-condo-for-82-m/</link>
			<dc:creator>Lysandra Ohrstrom</dc:creator>
				
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		<description><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/090407_realestate_web_0_1.jpg?w=300&h=161" />Goldman Sachs partner Alan Shuch paid $8.2 million for a condo at Fifteen Central Park West, according to city records on Thursday. Mr. Shuch, who is head of assett management at the firm, and Leslie Wohlman are listed as the buyers of apartment 26D on the Jan. 4 property deed. </p>
<p>Another Goldman partner, Ashok Varadhan, purchased a $16.03 million condo at the Zeckendorf brothers' famed buidling <a href="http://beta.therealdeal.com/articles/8558">just two days earlier</a>.   </p>
<p>&nbsp;</p>
]]></description>
		<content:encoded><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/090407_realestate_web_0_1.jpg?w=300&h=161" />Goldman Sachs partner Alan Shuch paid $8.2 million for a condo at Fifteen Central Park West, according to city records on Thursday. Mr. Shuch, who is head of assett management at the firm, and Leslie Wohlman are listed as the buyers of apartment 26D on the Jan. 4 property deed. </p>
<p>Another Goldman partner, Ashok Varadhan, purchased a $16.03 million condo at the Zeckendorf brothers' famed buidling <a href="http://beta.therealdeal.com/articles/8558">just two days earlier</a>.   </p>
<p>&nbsp;</p>
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		<title>Bob Costas Closes On $11 M. Condo at 15 CPW</title>

		<comments>http://observer.com/2007/12/bob-costas-closes-on-11-m-condo-at-15-cpw/#comments</comments>
		<pubDate>Thu, 27 Dec 2007 17:26:44 -0400</pubDate>
					<link>http://observer.com/2007/12/bob-costas-closes-on-11-m-condo-at-15-cpw/</link>
			<dc:creator>Lysandra Ohrstrom</dc:creator>
				
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		<description><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/122707_costas_web.jpg?w=300&h=158" />Sports announcer Bob Costas has closed on his purchase of a condo at the Zeckendorf brothers' <a href="http://www.nyobserver.com/2007/15-cpw">Fifteen Central Park West</a>. Mr. Costas paid over $11 million for Unit 8C, according to a city deed filed on Wednesday.
<p>He and wife Jill Sutton are the latest celebrity buyers to officially close on one of the 202 condos. Former Citigroup head Sanford Weil purchased a $42 million penthouse at Fifteen back in <a href="/2007/plaza-vs-15cpw-its-money-against-money-and-fame">July</a>, and celebrities such as Denzel Washington, Norman Lear, and NASCAR driver Jeff Gordon are closing on condos there, too.   </p>
]]></description>
		<content:encoded><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/122707_costas_web.jpg?w=300&h=158" />Sports announcer Bob Costas has closed on his purchase of a condo at the Zeckendorf brothers' <a href="http://www.nyobserver.com/2007/15-cpw">Fifteen Central Park West</a>. Mr. Costas paid over $11 million for Unit 8C, according to a city deed filed on Wednesday.
<p>He and wife Jill Sutton are the latest celebrity buyers to officially close on one of the 202 condos. Former Citigroup head Sanford Weil purchased a $42 million penthouse at Fifteen back in <a href="/2007/plaza-vs-15cpw-its-money-against-money-and-fame">July</a>, and celebrities such as Denzel Washington, Norman Lear, and NASCAR driver Jeff Gordon are closing on condos there, too.   </p>
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		<title>Wall Streeter, Psychiatrist Buy in 15 CPW for $13.9 M.</title>

		<comments>http://observer.com/2007/12/wall-streeter-psychiatrist-buy-in-15-cpw-for-139-m/#comments</comments>
		<pubDate>Tue, 18 Dec 2007 23:47:57 -0400</pubDate>
					<link>http://observer.com/2007/12/wall-streeter-psychiatrist-buy-in-15-cpw-for-139-m/</link>
			<dc:creator>Lysandra Ohrstrom</dc:creator>
				
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		<description><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/090407_realestate_web_0_0.jpg?w=300&h=161" />Wall Street executive Richard Cantor paid $13.9 million for an apartment in the star-studded <a href="http://www.nyobserver.com/2007/15-cpw">Fifteen Central Park West</a>, according to city records. The deed lists Mr. Cantor and wife Pamela as the buyers of apartment 12C in the Robert A.M. Stern-designed building.
<p>According to a <em>New York Times</em> story in March 2000, Mr. Cantor had recently retired from active management of money-management firm Neuberger Berman Inc. He served as vice chairman once retired. Ms. Cantor, according to the <em>Times</em>, is a psychiatrist. </p>
]]></description>
		<content:encoded><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/090407_realestate_web_0_0.jpg?w=300&h=161" />Wall Street executive Richard Cantor paid $13.9 million for an apartment in the star-studded <a href="http://www.nyobserver.com/2007/15-cpw">Fifteen Central Park West</a>, according to city records. The deed lists Mr. Cantor and wife Pamela as the buyers of apartment 12C in the Robert A.M. Stern-designed building.
<p>According to a <em>New York Times</em> story in March 2000, Mr. Cantor had recently retired from active management of money-management firm Neuberger Berman Inc. He served as vice chairman once retired. Ms. Cantor, according to the <em>Times</em>, is a psychiatrist. </p>
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		<title>A Sultan and a Tech Millionaire Buy (Very) Big Apartments</title>

		<comments>http://observer.com/2007/12/a-sultan-and-a-tech-millionaire-buy-very-big-apartments/#comments</comments>
		<pubDate>Tue, 18 Dec 2007 23:29:30 -0400</pubDate>
					<link>http://observer.com/2007/12/a-sultan-and-a-tech-millionaire-buy-very-big-apartments/</link>
			<dc:creator>Max Abelson</dc:creator>
				
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		<description><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/sitdown-robertstern2h_0.jpg?w=300&h=161" />The best place to come from, if you want a fair crack at buying really immense Manhattan condos, is either the United Arab Emirates or the Internet.
<p class="MsoNormal">City records filed this week show that Sultan Ahmed Al-Qassimi, who apparently belongs to the ruling family of Sharjah--Dubai's neighboring emirate--spent $4.95 million late last month on a low-floor apartment at the <a href="/2007/robert-m-stern-conservative-manhattan">Robert A.M. Stern</a>-designed Fifteen Central Park West. (Tune into this week's Manhattan Transfers column to read about a haute broker who bought a place one flight up.)</p>
<p class="MsoNormal">But across the park, that was overshadowed by a mystery buyer named CPW EXODUS REALTY, LLC, whose October deed for a $16.6 million apartment purchase was filed in city records four minutes later than Mr. Al-Qassimi's. </p>
<p class="MsoNormal">That corporation bought a 13-room <a href="http://www.brownharrisstevens.com/detail.aspx?id=712604">duplex penthouse</a> at 279 Central Park West from <a href="http://www.iac.com/index/management/corporate_management/office_of_the_chair/bio_cmoc_dlebda.htm">LendingTree</a> guru John Lebda. Mr. Lebda evidently knows his real estate: City records show he paid just <span style="font-size: xx-small;color: #000000;font-family: Verdana,Arial,Helvetica,sans-serif">$10.9 million last May for the penthouse, which means he made a gorgeous profit. </span></p>
<p class="MsoNormal"><span style="font-size: xx-small;color: #000000;font-family: Verdana,Arial,Helvetica,sans-serif">He took out a </span><span style="font-size: xx-small;color: #000000;font-family: Verdana,Arial,Helvetica,sans-serif">$7.63</span><span style="font-size: xx-small;color: #000000;font-family: Verdana,Arial,Helvetica,sans-serif"> million mortgage for his old duplex, perhaps through his Web site, but reportedly paid cash for his <a href="http://www.nytimes.com/2007/11/11/realestate/11deal1.html">new place</a>. That mortgage market is really slumping.</span></p>
]]></description>
		<content:encoded><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/sitdown-robertstern2h_0.jpg?w=300&h=161" />The best place to come from, if you want a fair crack at buying really immense Manhattan condos, is either the United Arab Emirates or the Internet.
<p class="MsoNormal">City records filed this week show that Sultan Ahmed Al-Qassimi, who apparently belongs to the ruling family of Sharjah--Dubai's neighboring emirate--spent $4.95 million late last month on a low-floor apartment at the <a href="/2007/robert-m-stern-conservative-manhattan">Robert A.M. Stern</a>-designed Fifteen Central Park West. (Tune into this week's Manhattan Transfers column to read about a haute broker who bought a place one flight up.)</p>
<p class="MsoNormal">But across the park, that was overshadowed by a mystery buyer named CPW EXODUS REALTY, LLC, whose October deed for a $16.6 million apartment purchase was filed in city records four minutes later than Mr. Al-Qassimi's. </p>
<p class="MsoNormal">That corporation bought a 13-room <a href="http://www.brownharrisstevens.com/detail.aspx?id=712604">duplex penthouse</a> at 279 Central Park West from <a href="http://www.iac.com/index/management/corporate_management/office_of_the_chair/bio_cmoc_dlebda.htm">LendingTree</a> guru John Lebda. Mr. Lebda evidently knows his real estate: City records show he paid just <span style="font-size: xx-small;color: #000000;font-family: Verdana,Arial,Helvetica,sans-serif">$10.9 million last May for the penthouse, which means he made a gorgeous profit. </span></p>
<p class="MsoNormal"><span style="font-size: xx-small;color: #000000;font-family: Verdana,Arial,Helvetica,sans-serif">He took out a </span><span style="font-size: xx-small;color: #000000;font-family: Verdana,Arial,Helvetica,sans-serif">$7.63</span><span style="font-size: xx-small;color: #000000;font-family: Verdana,Arial,Helvetica,sans-serif"> million mortgage for his old duplex, perhaps through his Web site, but reportedly paid cash for his <a href="http://www.nytimes.com/2007/11/11/realestate/11deal1.html">new place</a>. That mortgage market is really slumping.</span></p>
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		<title>It&#039;s Eloise By a Nose! Plaza Takes Price Lead Over 15 C.P.W.</title>

		<comments>http://observer.com/2007/12/its-eloise-by-a-nose-plaza-takes-price-lead-over-15-cpw/#comments</comments>
		<pubDate>Wed, 05 Dec 2007 21:58:16 -0400</pubDate>
					<link>http://observer.com/2007/12/its-eloise-by-a-nose-plaza-takes-price-lead-over-15-cpw/</link>
			<dc:creator>Tom Acitelli</dc:creator>
				
		<guid isPermaLink="false">http://www.observer.com/2007/12/its-eloise-by-a-nose-plaza-takes-price-lead-over-15-cpw/</guid>
		<description><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/120607_acitelli_web.jpg?w=300&h=158" />Together, the newly converted Plaza Hotel and the newly constructed Fifteen Central Park West represent the pinnacle of Manhattan’s luxury development boom this decade—amenity-laden condos with sweeping views of Central Park and hoity buyer rosters to rival any building’s in the city. But only one can be No. 1 in price and it looks like, so far, the Plaza has a slight edge.
<p class="MsoNormal">The Plaza’s most expensive condos have sold for $6,400 a square foot, said Elizabeth Stribling, whose <a href="http://stribling.com/propdev.asp">Stribling Marketing Associates</a> is the exclusive sales agent for the building owned by Elad Properties. That's roughly $100 greater than the highest per-foot price attained at Fifteen Central Park West, developed by William and Arthur Lie Zeckendorf. That price is $6,288, according to Terra Holdings, the holding company where the Zeckendorf brothers are co-chairmen.   </p>
<p class="MsoNormal">Sales have closed on 50 percent of the Plaza’s condos, Ms. Stribling told <em>The Observer</em> in an interview to be published next Wednesday, and two have sold for at least $50 million.</p>
<p class="MsoNormal">Ms. Stribling, sitting last Thursday in the private lobby for Plaza condo owners, would not say who the $50 million buyers were (<em>The New York Times</em> has speculated that one is developer Harry Macklowe) but she did rattle off other impressive sales numbers.</p>
<p class="MsoNormal">“We’ve had three individual buyers buy apartments for between $40 million and $50 million,” Ms. Stribling said, “one between $30 million and $40 million; and four between $20 million and $30 million.&quot;</p>
<p class="MsoNormal"><a href="/2007/15-cpw?page=0%2C0">Fifteen Central Park West</a> has claimed its own hefty prices. The family of ex-Citigroup CEO Sandy Weill <a href="/2007/heres-you-mrs-weill-sandys-gal-gets-42-4-m-pad-15cpw">bought Penthouse 20 there</a> for $42.405 million, the third-highest official apartment sale ever in New York City. (The top is one of those Plaza sales, <a href="/2007/its-official-plaza-spread-goes-record-51-5-m">a $51.5 million purchase</a> by a still-unknown buyer; and the second is Rupert Murdoch’s $44 million buy in 834 Fifth Avenue.) Plus, hedge fund manager Daniel Loeb has reportedly purchased another Fifteen Central Park West penthouse for $45 million, though that deal has yet to close.</p>
]]></description>
		<content:encoded><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/120607_acitelli_web.jpg?w=300&h=158" />Together, the newly converted Plaza Hotel and the newly constructed Fifteen Central Park West represent the pinnacle of Manhattan’s luxury development boom this decade—amenity-laden condos with sweeping views of Central Park and hoity buyer rosters to rival any building’s in the city. But only one can be No. 1 in price and it looks like, so far, the Plaza has a slight edge.
<p class="MsoNormal">The Plaza’s most expensive condos have sold for $6,400 a square foot, said Elizabeth Stribling, whose <a href="http://stribling.com/propdev.asp">Stribling Marketing Associates</a> is the exclusive sales agent for the building owned by Elad Properties. That's roughly $100 greater than the highest per-foot price attained at Fifteen Central Park West, developed by William and Arthur Lie Zeckendorf. That price is $6,288, according to Terra Holdings, the holding company where the Zeckendorf brothers are co-chairmen.   </p>
<p class="MsoNormal">Sales have closed on 50 percent of the Plaza’s condos, Ms. Stribling told <em>The Observer</em> in an interview to be published next Wednesday, and two have sold for at least $50 million.</p>
<p class="MsoNormal">Ms. Stribling, sitting last Thursday in the private lobby for Plaza condo owners, would not say who the $50 million buyers were (<em>The New York Times</em> has speculated that one is developer Harry Macklowe) but she did rattle off other impressive sales numbers.</p>
<p class="MsoNormal">“We’ve had three individual buyers buy apartments for between $40 million and $50 million,” Ms. Stribling said, “one between $30 million and $40 million; and four between $20 million and $30 million.&quot;</p>
<p class="MsoNormal"><a href="/2007/15-cpw?page=0%2C0">Fifteen Central Park West</a> has claimed its own hefty prices. The family of ex-Citigroup CEO Sandy Weill <a href="/2007/heres-you-mrs-weill-sandys-gal-gets-42-4-m-pad-15cpw">bought Penthouse 20 there</a> for $42.405 million, the third-highest official apartment sale ever in New York City. (The top is one of those Plaza sales, <a href="/2007/its-official-plaza-spread-goes-record-51-5-m">a $51.5 million purchase</a> by a still-unknown buyer; and the second is Rupert Murdoch’s $44 million buy in 834 Fifth Avenue.) Plus, hedge fund manager Daniel Loeb has reportedly purchased another Fifteen Central Park West penthouse for $45 million, though that deal has yet to close.</p>
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		<title>$9 M. Mortgage at Fifteen Central Park West</title>

		<comments>http://observer.com/2007/11/9-m-mortgage-at-fifteen-central-park-west/#comments</comments>
		<pubDate>Tue, 27 Nov 2007 21:53:14 -0400</pubDate>
					<link>http://observer.com/2007/11/9-m-mortgage-at-fifteen-central-park-west/</link>
			<dc:creator>Julia Heming</dc:creator>
				
		<guid isPermaLink="false">http://www.observer.com/2007/11/9-m-mortgage-at-fifteen-central-park-west/</guid>
		<description><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/090407_realestate_web_0.jpg?w=300&h=161" />Not every buyer at <a href="http://www.nyobserver.com/2007/15-cpw?page=0%2C2">Fifteen Central Park West</a>, <em>the</em> development du anne<span style="font-size: 12pt;font-family: 'Times New Roman'">é</span>, has ready cash to put down. Evelyne and Arthur Estey, recent buyers of Unit 7D, took out a $9 million mortgage to help pay for their $16.85 million condo, according to city records.
<p class="MsoNormal">Both Mr. and Ms. Estey, of Bedford, NY, have raised funds for Yale (Mr. Estey is a '78 alum). And when he donated money to a Republican congressional candidate last year, Mr. Estey listed his occupation as a managing director at Lehman Brothers. We couldn't find a record of him at the firm now, though. </p>
]]></description>
		<content:encoded><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/090407_realestate_web_0.jpg?w=300&h=161" />Not every buyer at <a href="http://www.nyobserver.com/2007/15-cpw?page=0%2C2">Fifteen Central Park West</a>, <em>the</em> development du anne<span style="font-size: 12pt;font-family: 'Times New Roman'">é</span>, has ready cash to put down. Evelyne and Arthur Estey, recent buyers of Unit 7D, took out a $9 million mortgage to help pay for their $16.85 million condo, according to city records.
<p class="MsoNormal">Both Mr. and Ms. Estey, of Bedford, NY, have raised funds for Yale (Mr. Estey is a '78 alum). And when he donated money to a Republican congressional candidate last year, Mr. Estey listed his occupation as a managing director at Lehman Brothers. We couldn't find a record of him at the firm now, though. </p>
]]></content:encoded>
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		<title>15 CPW Readies for Best Buy</title>

		<comments>http://observer.com/2007/10/15-cpw-readies-for-best-buy/#comments</comments>
		<pubDate>Thu, 25 Oct 2007 17:29:29 -0400</pubDate>
					<link>http://observer.com/2007/10/15-cpw-readies-for-best-buy/</link>
			<dc:creator>Tom Acitelli</dc:creator>
				
		<guid isPermaLink="false">http://www.observer.com/2007/10/15-cpw-readies-for-best-buy/</guid>
		<description><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/15cpw.jpg?w=201&h=300" />New York's newest Best Buy is scheduled to open tomorrow in the unlikeliest of places: the base of uber-luxurious condo <a href="http://www.nyobserver.com/2007/15-cpw">Fifteen Central Park West</a>. The store will unfold over at least 46,000 square feet, and Best Buy reportedly paid $75 million for a 15-year lease.
<p>As <em>The New York Times</em> <a href="http://www.nytimes.com/2006/10/18/realestate/commercial/18circle.html?_r=1&amp;oref=slogin">noted late last year</a>, the store marks another sign of Columbus Circle's transformation: </p>
<div class="oldbq">
<p>Brokers said the retail space at 15 Central Park West, scheduled for occupancy a year from now, was the final slice that would complete a radical transformation of Columbus Circle over the last decade.</p>
<p>“This is definitely the last piece of the urban streetscape puzzle in that area,” said Gene Spiegelman, an executive director at Cushman &amp; Wakefield, which is marketing the space. “It’s just so alive now. Think back 15 years ago — this was a dust bowl.”</p>
</div>
<p>The store, of course, will front on Broadway and not on Central Park West. The building's condo owners--including Denzel Washington, <a href="/2007/heres-you-mrs-weill-sandys-gal-gets-42-4-m-pad-15cpw">Sandy Weill</a> and Norman Lear, as well as 15CPW's developers, William and Arthur Zeckendorf--will not have to mix with the shoppers below.  </p>
<p><em>The Observer</em>'s Chris Shott will have more on the opening on Friday. </p>
]]></description>
		<content:encoded><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/15cpw.jpg?w=201&h=300" />New York's newest Best Buy is scheduled to open tomorrow in the unlikeliest of places: the base of uber-luxurious condo <a href="http://www.nyobserver.com/2007/15-cpw">Fifteen Central Park West</a>. The store will unfold over at least 46,000 square feet, and Best Buy reportedly paid $75 million for a 15-year lease.
<p>As <em>The New York Times</em> <a href="http://www.nytimes.com/2006/10/18/realestate/commercial/18circle.html?_r=1&amp;oref=slogin">noted late last year</a>, the store marks another sign of Columbus Circle's transformation: </p>
<div class="oldbq">
<p>Brokers said the retail space at 15 Central Park West, scheduled for occupancy a year from now, was the final slice that would complete a radical transformation of Columbus Circle over the last decade.</p>
<p>“This is definitely the last piece of the urban streetscape puzzle in that area,” said Gene Spiegelman, an executive director at Cushman &amp; Wakefield, which is marketing the space. “It’s just so alive now. Think back 15 years ago — this was a dust bowl.”</p>
</div>
<p>The store, of course, will front on Broadway and not on Central Park West. The building's condo owners--including Denzel Washington, <a href="/2007/heres-you-mrs-weill-sandys-gal-gets-42-4-m-pad-15cpw">Sandy Weill</a> and Norman Lear, as well as 15CPW's developers, William and Arthur Zeckendorf--will not have to mix with the shoppers below.  </p>
<p><em>The Observer</em>'s Chris Shott will have more on the opening on Friday. </p>
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