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Gerhard Andlinger's Time Warner Penthouse, Once $65 M., Sells for $37.5 M. in Biggest Apartment Deal Since July '08
It's been a humbling year for monstrously expensive, monumentally plush New York real estate: Not only is the most expensive townhouse ever sold in Manhattan asking a few million dollars less than it was bought for, but the price of Julian Schnabel's five-floor Palazzo Chupi penthouse has gone ...
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Floorplan Porn: Time Warner Penthouse is a Very Big Deal
Curbed NY — ... What does $37.5 million get you nowadays? Pretty much anything you damn well please, and in the case of one anonymous condo buyer, that happened to be an 8,300-square-foot 78th floor penthouse in Columbus Circle's Time Warner Center. The deal closed last week, and it's the biggest in Manhattan in nearly a year, Max Abelson reports. Hooray, all is well! Eh, not quite. After all, the four-bedroom apartment (with a red-lacquered corner library!) was the most expensive listing in New York when it hit the market in November for $65 million, and its most recent ...

Mega-Sale at the TW Center, Another Listing at 15 CPW [Buyers & Sellers]
Cityfile.com - Dailyfile — ... for $37.5 million, making it the biggest residential deal the city has seen in nearly a year. Not that this should necessarily be interepreted as a sign the real estate market is back. The 8,300-square-foot apartment, which was sold to an anonymous buyer, had been listed for $65 million when it first hit the market last year. [NYO] ...

The weekly wrap-up, July 3
NYP Home: Real Estate — ... This week we learned that... ... The city says the EPA is for chumps. [NY Times] ... This room has undoubtedly seen some very weird stuff. [AP via Yahoo!] ... Someone still has money. [NY Observer] ... We're as curious about Michael Shvo as the next person, but 3,000 words seems a bit excessive. [The Real Deal] ... The housing market has hit its bottom! ...

Related: andlinger time warner penthouse
Gerhard Andlinger's Time Warner Penthouse, Once $65 M., Sells for $37.5 M. in Biggest Apartment Deal Since July '08Home | The New York Observer
It's been a humbling year for monstrously expensive, monumentally plush New York real estate. Not only is the most expensive townhouse ever sold in the city still asking a few million dollars less than it was bought for, but the tag for Julian Schnabel's top five floors at Palazzo Chupi has ...
Gerhard Andlinger's Time Warner Penthouse, Once $65 M., Sells for $37.5 M. in Biggest Apartment Deal Since July '08Real Estate | The New York Observer
It's been a humbling year for monstrously expensive, monumentally plush New York real estate. Not only is the most expensive townhouse ever sold in the city still asking a few million dollars less than it was bought for, but the tag for Julian ...