Author: Mark Moffa

Reports: $250 Million Quadplex at 220 Central Park South About to Sell

By Mark Moffa A four-level condominium at New York City’s 220 Central Park South reportedly is poised to sell for around $250 million. The deal would be the most expensive ever in the United States, and worldwide would be second only to the sale last year of Château Louis XIV in France for $301 million. Anthony Noto, writing for the New York Business Journal, mentions in a recent column that the 23,000-square-foot unit is “currently under contract.” Noto’s report was confirmed yesterday by Joyce Rey, the executive director of Coldwell Banker Previews International, in her emailed newsletter. “I’ve just returned from the Coldwell Banker / Corcoran Real Estate Summit for the top agents in the country and I’m very happy to be bringing you some very positive news!” Rey reports. “The biggest news from the summit is the pending escrow of a penthouse at 220 Central Park South. At $250 million — achieved without any marketing efforts — this will be the highest sale in U.S. history.” According to The Real Deal, “the new quadplex is a combination of an 11,000-square-foot duplex on the 50th and 51st floors that was asking $150 million, plus three other smaller (but by no means small) apartments. Units 52A, 52B and 53B were each asking between $26.3 million and $43 million.” The $250 million manse, therefore, it is not actually the penthouse, as the building (which is still under construction) is slated...

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Nadia Geller — Designer & Pioneer

Nadia Geller — you may know her from “While You Were Out” and “Trading Spaces” on cable TV — has operated her interior design business from Los Angeles’ burgeoning Arts District since 2013.

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