By Kim Velsey 2:49pm

Manhattan Transfers

It's not Central Park, but you do get your very own key.

18 Gramercy Park Is Having the Best Fall Ever

It appears we underestimated the appeal of a key to Gramercy Park. Although we expect there’s probably more than access to a gated garden that’s driving sales at 18 Gramercy Park, the new condo conversion from the Zeckendorf/Robert A.M. Stern team. The 16-unit building had six units, all of them listed for more than $14.5 million, go into contract last week, according to Olshan Realty’s Luxury Market report (although the units most likely went into contract sometime over the past month).

The most expensive unit, a duplex penthouse listed for $42 million, went into contract earlier this month, reportedly for the full $42 million ask to Houston Rockets owner Leslie Alexander. And while $42 million might look like a steal compared to the prices paid at 15 Central Park West, the Zeckendorf’s other collaboration with A.M. Stern, it’s an impressive get. A downtown record, in fact. Read More

By Lysandra Ohrstrom 5/13/08 8:02pm

15CPW Alert! Miami Developer Buys for $3.5 M.

Florida developer Gerardo Capo has paid $3.5 million for a 12th-floor condo at 15 Central Park West, city records show, moving about as far from Miami’s bottomless housing market as one can get–metaphorically speaking.

The chairman of the Capo Group lives in one of his own luxury condos in Miami Beach, just 48 miles east Read More

By Lysandra Ohrstrom 5/02/08 4:35pm

15CPW Alert! Morgan Stanley Exec Moves In

After Morgan Stanley took a beating from the collapse of the subprime mortgage market, one would think the firm’s global co-chief of real estate investment might have second thoughts about making any real estate investments of his own. But not only did K.S. Kalsi (a.k.a. Sonny) and his wife pay $14.6 million for a fifth-floor Read More

By Lysandra Ohrstrom 3/31/08 11:03pm

15CPW ALERT! Blankfeins Buy Again!

Laura Blankfein, the wife of Goldman Sachs CEO Lloyd Blankfein, paid $701,000 for Suite 807 ("suite" being the euphemism for a staff apartment) at 15 Central Park West, city records show.

Since then, the national market has tanked and New York’s is stagnant. But while other Wall Street banking firms are writing down Read More