In Gerhard Andlinger’s recently listed apartment at the Time Warner Center, high above Columbus Circle, one can sit on the Louis XVI daybed and look past the Chinese screens and the Louise Nevelson sculpture at a 14-foot-high wall of windows with priceless views of the city and its sagging real estate market.
Peer sharply downward and there, just before the wide expanse of Central Park, is the limestone facade of 15 Central Park West, where 12 apartments are now on the resale market, including four whose prices were reduced in the last few weeks, according to Streeteasy.com. Of course, these are not exactly fire sales, since the owners are asking far more than they paid.
The penthouse at 15 Central Park West famously listed over the summer by Brown Harris Stevens for $80 million, or an astounding $15,163 a square foot, is now at least temporarily off the market, and its sticker may cease to shock forever as prices fall in the luxury real estate market.
The highest asking price now at 15 Central Park West is $30 million, or about $6,500 a square foot, for a seventh-floor apartment facing the park. This is just above the $6,290 per square foot paid for the most luxurious apartment in the building, a penthouse bought by Sanford I. Weill, the former chairman of Citigroup, for $42.4 million.