Saturday, August 11, 2012

Another day, another $95M listing


August 2012 
50 Central Park South and the duplex penthouse
For the second time this week a condominium bordering Central Park, a duplex penthouse on the 34th and 35th floors of 50 Central Park South, has been put on the market with a $95 million price tag. 
The 5,078-square-foot unit has three bedrooms, 3.5 bathrooms and is highlighted by a 42-foot-long ballroom that looks on to the park. The unit also has a 689-square-foot terrace. It is owned by an Argentinian ballroom dancer who paid $19.95 million for the the apartment on the top floors of the Ritz-Carlton in 2006 and spent an additional $7 million on renovations. Weston would not disclose his exact identity.
The unit is one of three on the market for at least $95 million. On Wednesday, steel magnate Leroy Schecter listed his 15 Central Park West condo for the same price, and two weeks ago developer Steven Klar listed his CitySpire penthouse for $100 million.
Today’s listing is the smallest of the three, but the building is no stranger to pricey real estate. Casino mogul Steve Wynn purchased the duplex four floors below for $70 million — $7.5 million below the asking price — in May. [NYT]
Source: The Real Deal

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