Friday, September 25, 2015

Billionaire's Row Super Luxury Residential Towers

The construction of ultra luxury property along Manhattan's Billionaire's Row, as discussed with CNBC's Brian Sullivan on Talking Numbers, is happening now.  

The super high end buildings include 432 Park Avenue, Nordstrom Tower, 220 Central Park South and 111 West 57 Street.  The skyscape of 57th Street will be quite different a year from today.  

Media Interview: Yuan Devaluation Could Weigh On Chinese Buyers Of U.S. Homes

By Alex Veiga, Associated Press Business Writer
Friday, Sept 18, 2015, 10:35AM EST

Shanshan Wu already owns three houses back home in China. But the 36-year-old has spent the last two months in Chicago shopping for a three-bedroom. She's got cash to spend - up to $400,000.

And she's not done.

"The real estate market in China is dropping and I'm planning to sell one of them to maybe buy more houses in the U.S.," said Wu, whose hometown of Yunfu is in the province of Guangdong in southeast China.

Thursday, September 3, 2015

New Property Projects in New York

520  Park Avenue

520 Park Avenue, 54-storey limetone tower designed by star architect Robert A.M. Stern, aims to be the next 15 Central Park West.  It will have 23 full-floor residences of 4,600 square feet each ranging from $16 million to $37 million.  In addition, 7 duplexes and one triplex, ranging from $70 million to $100 million.

Amenities include a garden, pool and white glove service.  But unfortunately, entrance is on 60th Street (not Park Avenue).

Website:  520 Park Avenue