Details details 15CPW
In its March issue, Details magazine presents a charticle on some of the “eye-popping” numbers, big and not-so, being thrown around at 15CPW. “Preeminent real estate muckraker Michael Gross chronicles the rise of Fifteen Central Park West, arguably Manhattam’s most exclusive address, home to billionaire bankers, Russian oligarchs, and A-list celebs,” writes Laura Bolt.
Owlwood set to fly-but to whooo?
Owlwood, the Holmby Hills mega-estate made up of homes once owned by stars like Rudy Vallee, Engelbert Humperdinck, Jayne Mansfield, Tony Curtis and Cher, has reportedly been sold, says the indefatigable LA realty blogger, Your Mama of The Realestalker. Its current owner, Dawn Arnall, is the widow of Roland, a subprime mortgage banking billionaire. As […]
William Zeckendorf Jr., R.I.P.
It is utterly sad to report that William Zeckendorf Jr., son of Big Bill Zeckendorf, father of Arthur and Will Lie Zeckendorf, a significant force in New York real estate development and a significant character in House of Outrageous Fortune, has died at 84, according to the Santa Fe New Mexican, in the town he […]
Weill no long whiles at 15CPW
In today’s Daily News, Matt Chaban reports (scroll down to the second item) that Citigroup Sandy Weill and wife Joan have giving up their toehold at 15 Central Park West, selling the servant’s apartment they bought for less than $1 million before the building opened for $5.65 million. Weill’s tenure at 15CPW was more profitable […]
Miami Modern Made New
The Saxony on Collins Avenue in Miami Beach was once that sandy strip’s best known hotel. In “Miami Modern With a Latin Twist” in the February issue of Avenue, the Unreal Estate column revels in its rise, fall and rebirth as the centerpiece of Faena Miami Beach, an under-construction resort-condo-arts complex that’s already attracted apartment-buyers […]
Vanity Fair says House of Outrageous Fortune rules
Writing in the new Vanity Fair, architecture eminence gris Paul Goldberger previews House of Outrageous Fortune, calling the book’s subject, 15 Central Park West, “the biggest magnet for money and celebrity New York ha[s] seen in more than a generation.” He continues, “Michael Gross…rules[s] the school of literature you might call Books About Buildings Where […]
Gripepad Exclusive: $45 million saves River Club
River House–a frequent subject in this space–released a statement today revealing that a letter of intent has been signed to keep the private River Club inside the esteemed cooperative apartment house. What was not revealed was the price, but Gripepad has confirmed with an inside source that it is a $45 million deal. Not quite […]
Taking a Break
Gripepad is going dark for a brief while but will return in February. Y’all come back and see us here, hear?
15CPW still the champion
The Real Deal reports that in 2013, Fifteen Central Park West remained the city’s most valuable apartment building with eight sales there last year bringing in an average $5,636 per square foot. Meantime, move-ins have begun (see photo, at right) at the nearby (but still unfinished) One57, which developer Extell promotes as Manhattan’s next heavyweight […]
$100 million–or bust!
Who will sell New York’s first $100 million apartment? Where will it be? How staggering its views? How starchitect-y its design? And who will buy it? A Hedgie? A Saudi? A cloaking LLC? That inevitability is the subject of my cover story in the January-February issue of Departures, the luxury travel magazine. It’s now unlocked […]