Not being a native New Yorker, not a day goes by that I do not appreciate everything that this city offers and everyone who touches my life here. Whether it is seeing Carmen at the Met, to having a great conversation with a stranger while waiting for a cup of coffee at Starbuck’s, or helping a foreigner find their way in this city–I appreciate each minute here with enthusiasm.
I found myself on the great lawn of Central Park last evening–witnessing the Bon Jovi feast of energy with music.
On that great green, I stood with my colleague,
Gene, while the band played,
“It’s My Life,”
and thought…
Thoughts about how everything comes full circle: about all of the buildings, which surrounded our evening – particularly Time Warner; the book I was reading that morning about Brooke Astor and her contributions through The Astor Foundation to rehabilitate Central Park in the 1970’s (the decade I was born); and so much more…
Recently, I was asked to provide comps for condo units near Central Park (at a certain price point). As I scrubbed the data provided by the New York Department of Finance, I was amazed with the numbers a few weeks ago (particularly the SF prices)…
Building |
SF |
Sales Price |
PSF |
Transfer |
|
|
|
|
|
80 COLUMBUS CIRCLE, PH76B |
4,825 |
$27,000,000.00 |
$5,595.85 |
2/15/2007 |
80 COLUMBUS CIRCLE, NT70B |
2,912 |
$13,000,000.00 |
$4,464.29 |
5/29/2007 |
80 COLUMBUS CIRCLE, NT71AB |
2,413 |
$17,500,000.00 |
$7,252.38 |
2/28/2007 |
80 COLUMBUS CIRCLE, PH76A |
6,511 |
$19,533,000.00 |
$3,000.00 |
5/14/2007 |
80 COLUMBUS CIRCLE, PH76B |
4,825 |
$27,000,000.00 |
$5,595.85 |
2/15/2007 |
80 COLUMBUS CIRCLE, NT67E |
1,490 |
$4,600,000.00 |
$3,87.25 |
4/29/2008 |
80 COLUMBUS CIRCLE, NT74A |
2,413 |
$11,000,000.00 |
$4,558.64 |
5/14/2008 |
80 COLUMBUS CIRCLE, PH76A |
6,511 |
$19,533,000.00 |
$3,000.00 |
5/14/2007 |
|
|
|
|
|
25 COLUMBUS CIRCLE, S75CE |
4,454 |
$24,480,000.00 |
$5,496.18 |
1/28/2008 |
25 COLUMBUS CIRCLE, ST72A |
3,920 |
$18,500,000.00 |
$4,719.39 |
3/31/2008 |
25 COLUMBUS CIRCLE, ST65C |
2,942 |
$15,850,000.00 |
$5,387.49 |
1/28/2008 |
25 COLUMBUS CIRCLE, ST69B |
2,317 |
$12,250,000.00 |
$5,287.00 |
2/7/2008 |
25 COLUMBUS CIRCLE, ST72A |
3,920 |
$18,500,000.00 |
$4,719.38 |
3/31/2008 |
|
|
|
|
|
15 CENTRAL PARK WEST, 1617D |
6,131 |
$29,529,250.00 |
$4,816.38 |
8/8/2007 |
15 CENTRAL PARK WEST, 1819A |
5,870 |
$30,547,500.00 |
$5,204.00 |
4/9/2008 |
15 CENTRAL PARK WEST, 1819B |
5,602 |
$23,928,875.00 |
$4,271.48 |
3/26/2008 |
15 CENTRAL PARK WEST, 1819C |
6,307 |
$25,838,093.00 |
$4,096.73 |
2/4/2008 |
15 CENTRAL PARK WEST, PH20 |
6,744 |
$43,687,751.00 |
$6,478.01 |
8/31/2007 |
15 CENTRAL PARK WEST, PH39 |
NA |
$45,821,250.00 |
NA |
2/6/2008 |
|
|
|
|
|
THE PLAZA RESIDENCES, 1109 |
11,861 |
$45,924,048.00 |
$3,871.85 |
4/7/2008 |
THE PLAZA RESIDENCES, 509 |
4,284 |
$25,493,379.00 |
$5,950.84 |
11/5/2007 |
THE PLAZA RESIDENCES, 709 |
13,063 |
$51,539,180.00 |
$3,945.43 |
6/15/2007 |
|
|
|
|
|
After Saturday evening, I must say, there is no more “amazement” with the prices – this city is about lifestyle and opportunity, which is truly priceless.
There is a reason that people pay a premium to live here – for the moments!