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"No Market" For Central Park North?

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Our little engine that could (but kind of didn't), Central Park North just got thrown under the bus by Warburg senior vice president Charlie Lewis, who said "When it comes down to it, there's no market because it's almost like a little nondescript area. It's just a great place to be for park views, but there's no neighborhood." Ouch! Any locals care to disagree? [Observer]