CENTRAL PARK SOUTH

When developer Vornado Realty Trust is finished, 220 Central Park South will have 118 units, split between a 69-story limestone tower and an adjacent 14-story villa. But already it looks like everyone wants a piece of the action in the latest addition to Billionaires' Row. The Real Deal reports that after just six weeks, one third of the condos in the building have sold. "Without a full marketing center, the REIT has commitments for over $1.1 billion from buyers," Vornado's CEO Steve Roth reportedly said during a first-quarter earnings call. Roth also called the accomplishments "extraordinary and unprecedented." Marketing guru Louise Sunshine is advising Vornado on the project and Corcoran Sunshine Marketing Group is handling sales, according to The Real Deal.

Rendering credit: Neoscape

The average price of an apartment in certain Brooklyn neighborhoods is now higher than that of Manhattan co-ops and condos, according to a StreetEasy study cited by Crain's New York Business. While the magazine notes the "obvious caveat" of comparing neighborhoods with an entire borough — where apartments in Inwood and other upper-Manhattan locales sell for far less than in such luxury area as Central Park South or Tribeca — at least two Brooklyn spots blow Manhattan's $890,000 median out of the water: DUMBO (Down Under the Manhattan Bridge Underpass), at $1.5 million, and the Columbia Street waterfront, running through Cobble Hill and Carroll Gardens, at $1.147 million. DUMBO, in fact, averaged less than just a half-dozen Manhattan nabes. On the bright side, Kensington is still very affordable.