Tag Archives: 220CPS

Billionaire'sRow, New Developments

Which NYC building was inspired by a trash basket?

Well not just any trash basket but rather a $225 Josef Hoffmann designed one was the inspiration for one of the buildings in the Billionaire’s Row area that is setting records for sales. Take a look at the below photos and see if you can spot the correct building.

The $225 Josef Hoffman designed waste paper basket that inspired one of the current record setting condo buildings in Midtown’s Billionaire’s Row.
220 CPS Vornado’s new condo near the Time Warner Center
How about this semi-supertall? Is this the right one?
432 Park avenue, the Rafael Vinoly designed building between 55th and 56th street certainly looks very square and has been selling very well according to reports.

If you guessed 432 Park avenue you are right. The building is about 75% sold and the least expensive apartment in this tower is $6.5 million which gets you a 1 bedroom of 1422 sqft or 132m2. According to the latest coverage on the building, it is selling well and they are negotiating prices and expect that by the end of next year it will be sold out.

Central Park, New Developments

220 Central Park south construction update

While Vornado and Steven Roth are not divulging information about their sales pace of late, what is obvious is the project is rising on one of the few if any remaining sites that is on the park. The condo will have a tower rising to 950 feet and a 13 unit sister building, the Villas with extravagantly expensive apartments. The architect Robert A.M. Stern has designed many other condos including 15 CPW which also had a tower and a house separted by a porte-cochere.

It is well documented that the luxury market is experiencing an anticipated glut and sales have slowed at 220 CPS as well as many of the other super luxury buildings throughout Manhattan.

220 CPS Vornado Realty Trust's condo designed by Robert A.M. Stern
220 CPS Vornado Realty Trust’s condo designed by Robert A.M. Stern