The Real Estate

Most Expensive New York Apartment Ever ('Quietly') Listed: $150 M. at 15 CPW

Dolly Lenz.
James Hamilton.
Dolly Lenz.

Remember that rumored $90 million listing at 15 Central Park West? It was nothing.

Dolly Lenz, New York City's most gargantuan real estate agent, broke astounding news at Portfolio's Four Seasons get-together this morning: "There are a few apartments on the market at 15 CPW, a new development on Central Park West, asking somewhere between $80 and $125 million--three different apartments--and one quietly on the market at $150 million," she said.

Wowzah. Brokers have already made it known that two condos in the Robert A.M. Stern-designed blockbuster building are being offered at $80 and $90 million, so Ms. Lenz's quote not only means that there's a third apartment on the market in the building for somewhere between $80 and $125 million, but that there's a fourth spread whose owner wants $150 million.

That would be more than any single-family residential property in New York City has ever asked for.

Could the hopeful seller be ex-Citigroup king Sandy Weill? Hedge-fund overlord Dan Loeb? And could a $150 million asking price ever be met? "I think it’s sort of becoming a little bit of Monopoly money," Ms. Lenz said this morning. "You look at the apartments and you say to yourself, ‘Really?’ That’s my opinion."

And yet a $150 million apartment might not be as absurd as it sounds, considering that Donald Trump is selling his Palm Beach estate in a few weeks for $100 million--which, incidentally, Ms. Lenz knows a thing or two about. She hasn't yet answered an e-mail or phone call from The Observer, and her voice mail was full.

  • del.icio.us
  • Digg
  • Reddit
  • Newsvine
  • Google
  • Yahoo
  • Technorati
  • Facebook
  • Stumble Upon
  • Netvibes
  • Windows Live

Comments
Post a comment

thewiseking (not verified) says:

funny, i was just listening to one of my favorite Smith's songs when I read this piece and it reminded me of this full of shit broker, "Bigmouth Strikes Again"

seadogpots (not verified) says:

1789?????

Gaylord Assblaster (not verified) says:

Ha ha. An asset is only worth what you can sell it for.
I can ask $70,000 for my five year old Nissan too!
Snapperheads.

Ivy (not verified) says:

Check out 5th On the Park on http://www.5thonthepark.com/
it is a luxury condo located in south Harlem. it’s modern and upscale and it provides a lot of facilities, great deal!
Feel free to comment on our blog
http://newharlemcondo.com/

Anonymous (not verified) says:

loeb received unsolicited offer for over $100 mil

Anonymous (not verified) says:

loeb received unsolicited offer for $100 mil plus

Anonymous (not verified) says:

This has to be one of the nastiest and dispicable human beings there is. Never forget where you came from lady and always remember, money doesn't buy you class. Obviously she never learned that lesson growing up

Post a comment

The content of this field is kept private
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd><br> <p> <i> <b> <embed> <img> <blockquote> <span> <strikethrough> <u>
  • Use <!--pagebreak--> to create page breaks.

More information about formatting options

By checking this box you are giving permission for Observer staff to contact you to obtain contact information and permissions required for publication.