BON JOVI in Central Park Framed with Great Buildings

 

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!