Can White Brick Ask Limestone Prices? 530 Park Avenue Thinks So
It does not number among the most gracious edifices that line Park Avenue, but now that its conversion to luxury condos is almost complete 530 Park Avenue is trying to command the same lofty prices as its more elegant neighbors.
A three-bedroom, four-bath duplex, No. 15B, has made its market debut asking $9.85 million. (A four-bedroom on a lower floor was listed for the same price in late October.) From the listing description—all baths are marble, there’s a library, a formal dining room and Park Avenue views—it seems to be doing a pretty good job of aping its more elite neighbors. Although the building’s new deep-pocketed residents will have to share their common space with the remaining renters protected by rent-stabilization laws. Read More
