Is 15 Central Park West recession-proof? The struggles of late of some big-time flips in the Limestone Jesus would indicate that it is in fact not, but that hypothesis will now be tested. For the first time in the Robert A.M. Stern-designed building's brief history, a D-line apartment has hit the resale market. Actually, make that two D-line apartments. Why are D-line apartments so treasured? Because they face northeast, and boast Central Park views on three sides. The first, #25D (above), came on the market at the beginning of the month, The Real Deal reported. The 2,434-square-foot 3BR, 3.5BA condo sold for $5.99 million, and is now asking $16.5 million, or $6,778 per square foot. Think that's ambitious? You ain't seen nothing yet.
The fresher-to-market #36D?a 3,173-square-foot 3BR, 4BA behemoth?is asking $26 million, or $8,194/sf. That makes it the most expensive 15 CPW apartment currently on the market. The Real Deal tells us the apartment was purchased by a Goldman Sachs partner in January for $11.6 million. Damn it feels good to be a banker!
· Listing: 15 Central Park West #25D [Elliman]
· Listing: 15 Central Park West #36D [BHS]
· 15 Central Park West coverage [Curbed]
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