{"id":72613,"date":"2025-12-16T21:06:07","date_gmt":"2025-12-16T21:06:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/72613\/"},"modified":"2025-12-16T21:06:07","modified_gmt":"2025-12-16T21:06:07","slug":"15-central-park-west-sees-a-flurry-of-20m-deals","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/72613\/","title":{"rendered":"15 Central Park West sees a flurry of $20M deals"},"content":{"rendered":"

Two ultra-luxury contracts at Manhattan\u2019s storied 15 Central Park West \u2014 the neo-classical limestone tower designed by the late architect Robert A.M. Stern<\/a> \u2014 were the most expensive homes to go into contract across the city last week. Most of all, the deals were inked in the wake of Stern\u2019s death at age 86 on Thanksgiving day.<\/p>\n

The eight-figure deals mark a rare double play for the iconic building, where buyers have long been drawn to Stern\u2019s signature blend of prewar elegance and modern luxury.<\/p>\n

According to Donna Olshan\u2019s Olshan Luxury Market Report, having the top two deals of the week in the same property was a phenomenon not seen since 2020.<\/p>\n

Two of Manhattan\u2019s priciest homes to enter contract last week were at 15 Central Park West, the Robert A.M. Stern-designed limestone tower long known for its A-list residents and luxury pedigree. Brian Zak\/NY Post<\/p>\n

The priciest unit, last asking $26.8 million, is a three-bedroom spanning 3,347 square feet with sweeping Central Park views from the living room, dining room and office.\u00a0<\/p>\n

The runner-up, listed at $25 million (down from its original $27.5 million ask), includes four bedrooms, a formal entertaining layout and a separate sixth-floor studio.<\/p>\n

Their final sale prices are not yet known, nor are the identities of their new owners.<\/p>\n

A three-bedroom asking $26.8 million and a four-bedroom listed at $25 million topped the city\u2019s luxury market just days after Stern\u2019s death at age 86. Corbis via Getty Images<\/p>\n

But it\u2019s not just those two units. On Monday, city records revealed a $22 million sale for a three-bedroom, 3.5-bathroom unit at the building. However, the deed showed the contract was signed in October, one month before Stern passed away from a respiratory illness, and closed in the weeks after. The buyer, listed as an LLC, could not immediately be identified.<\/p>\n

Jonathan Miller, CEO of appraisal firm Miller Samuel, said Stern\u2019s death may not have created an immediate price surge, but his legacy remains deeply tied to the building\u2019s sustained value.<\/p>\n

\u201cHaving two sales in the same building gets the building greater attention in the market for future listings,\u201d he told The Post.\u00a0<\/p>\n

\u201cBut I don\u2019t see the death of Stern as pushing values in his building up overnight,\u201d Miller said. <\/p>\n

This marks the first time in five years that the week\u2019s two top contracts came from the same building. Edward Menashy of Evan Joseph Photography for Douglas Elliman<\/p>\n

Stern, as seen in this archival image, died on Thanksgiving day. Getty Images<\/p>\n

\u201cThe lack of future Stern projects will help sustain the premium they already achieve but probably won\u2019t make them more valuable outside of existing market conditions,\u201d he added. \u201cI suspect we will see greater price growth at the top of the housing market and his buildings are an important part of that submarket.\u201d<\/p>\n

Built between 2005 and 2007, the building \u2014 just steps from Columbus Circle \u2014 has long been a bellwether for New York\u2019s high-end market.\u00a0<\/p>\n

Dubbed by the real-estate blog Curbed in long-ago years as the \u201cLimestone Jesus\u201d for its temple-like fa\u00e7ade and devoted following, the building includes a 14,000-square-foot fitness center, a 75-foot skylit lap pool, a private restaurant, a motor court, a library and a residents-only screening room.\u00a0<\/p>\n

It was also one of the first post-2000 condominiums to successfully replicate the proportions and grandeur of prewar Park Avenue co-ops while offering the amenities of a modern five-star hotel.<\/p>\n

While appraiser Jonathan Miller noted that Stern\u2019s death isn\u2019t expected to drive prices up overnight, he said, \u201cThe lack of future Stern projects will help sustain the premium they already achieve.\u201d Bloomberg via Getty Images<\/p>\n

Built in the mid-2000s, 15 CPW pairs prewar design with five-star amenities and has housed stars like Denzel Washington, Robert De Niro, Sting, and Alex Rodriguez, earning it nicknames like the \u201cLimestone Jesus\u201d and \u201cTower of Power.\u201d LP Media for NY Post<\/p>\n

The building\u2019s gravitational pull has lured a who\u2019s who of celebrity and financial elites.\u00a0<\/p>\n

Past and present residents have included actors Denzel Washington, Robert De Niro, Kelsey Grammer, and Mark Wahlberg; musician Sting; former Yankee Alex Rodriguez; and Spanx founder Sara Blakely. With titans of finance like Lloyd Blankfein and hedge funder Daniel Loeb also calling it home, the edifice also earned the nickname \u201cTower of Power.\u201d<\/p>\n

Stern was renowned for his ability to blend historical references with contemporary livability.\u00a0<\/p>\n

A former dean of Yale\u2019s School of Architecture, he designed some of the most successful \u2014 and expensive \u2014 residential buildings in Manhattan, including 220 Central Park South, 520 Park Ave., and 70 Vestry. His projects routinely set price-per-square-foot records and shaped the city\u2019s modern luxury skyline.<\/p>\n","protected":false},"excerpt":{"rendered":"Two ultra-luxury contracts at Manhattan\u2019s storied 15 Central Park West \u2014 the neo-classical limestone tower designed by the…\n","protected":false},"author":2,"featured_media":72614,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[31209,5462,3001,5151,1023,75,84,83,360,3003,9,24,63,1491,3006],"class_list":["post-72613","post","type-post","status-publish","format-standard","has-post-thumbnail","category-manhattan","tag-15-central-park-west","tag-architecture","tag-luxe-listings","tag-luxury-development","tag-luxury-real-estate","tag-manhattan","tag-manhattan-headlines","tag-manhattan-news","tag-midtown","tag-midtown-west","tag-new-york","tag-new-york-city","tag-nyc","tag-real-estate","tag-residential-real-estate"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/72613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=72613"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/72613\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/72614"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=72613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=72613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=72613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}