New York's Cooperative and Condominium Community

Habitat Magazine October 2020 free digital issue

HABITAT

CENTRAL PARK WEST

Pop superstar files suit against CPW co-op for making her obey house rules.

When it comes to the swankiest of New York buildings, One57 tends to get the lion's share of attention. Back in late April, for example, the building on Billionaires' Row made headlines when one of its condos — a two-level duplex penthouse — sold for a record $100 million. But that's just one condo, and when it comes to entire building stats, it looks like the top dog in the Big Apple is still 15 Central Park West. The building still commands the top spot as the city's most expensive, and it looks like it's not just because of location, location, location. Although being located on CPW certainly helps. What helps more, it looks like, is the list of celebrities who have lived or continue to live there. The New York Daily News lists them: Sting, Denzel Washington, financial bigwigs like Goldman Sachs CEO Lloyd Blankfein, and sports stars like Alex Rodriguez. One57 is in second place, though, and the Daily News reports its reign may soon be over: "Sales at new Midtown mega-towers such as 220 Central Park South and 432 Park Ave. may finally snag the top spot once sales start to close over the next couple of years." Tick-tock, 15 CPW. Nothing lasts forever.

 

Photo by Christopher Bride for Property Shark 

For 50 years, the American Bible Society has called 1865 Broadway home. But after half a century, the nonprofit bible distributor is packing up and heading to Philadelphia. The society is funding that relocation with the $300 million it got for selling its coveted headquarters to residential real estate company AvalonBay Communities, reports the New York Daily News. What's the future of 1865 Broadway? Nothing's set in stone yet, but condos are a definite maybe. So keep your eyes peeled, potential condo buyers, because when it comes to location, location, location, you can't go wrong with primo posh digs near Central Park.

Photo by Matthew Haines for Property Shark.

...crazy co-op neighbors, real estate license violations are now available online and condos are cool in Queens. And for co-op boards and condo associations, we've news of new tax-reform bills in Albany and more.

Read all the latest co-op / condo news for buyers, sellers and board members in Habitat's weekly Monday News Roundup. Also included: Permanent archival links. If a link ever goes dead, you'll still be able to read the backup at WebCitation.org.

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