Real Estate Weekly
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HAVE YOU HEARD… Stuy Town studios to rent for $3,000+

Stuyvesant Town’s new studio apartments on Avenue C have hit the market.

Stuy Town
Stuy Town

As we reported in September, several new studio apartments were built in the former management office building and terraces added to 11 new apartments.
While all apartments in ST/PCV are technically rent stabilized, those that are renovated aren’t offered at discounted rents and the new studios are no exception. Prices on the new units range in price and are listed as starting at $3,162 for a 393 s/f option to starting at $3,420 for a 459 s/f studio.
The largest studio is around 500 s/f with the cost starting at $3,273.

THE FULL floor penthouse at 515 East 72 has gone to contract for $19 million — more than the $18.5 million asking price.
Lauren Witkoff, senior vice president of sales and marketing for The Witkoff Group, said, “The sale is particularly groundbreaking due to the Upper East Side location, which has witnessed very few penthouse sales in recent months.”
The 5,419 s/f home has floor-to-ceiling windows, two terraces totaling 3,461 s/f, and 360-degree views of the city, including the Empire State Building, Chrysler Building and East River.
It was only on the market for a month, and there was an intense bidding war that took place, according to brokers.
The penthouse was marketed through The Corcoran Group. There are currently just three residences that remain for sale at the building.

Meredith Vieira has a whole new kind of view after closing on the penthouse of El Dorado, the New York Post reports. The home, which was recently renovated, has three bedrooms, four bathrooms, a private elevator landing, and a view of the Central Park Reservoir.
A two-sided wood burning fire place and 10 foot ceilings add to the property’s luxurious flair.
The closing price is not yet released the but the residence was last asking $8.55 million.
The Corcoran Group’s Karen Adler had the listing.

Bruce Willis and his wife Emma Heming may have struck gold after unloading their three bedroom home on the fourth floor of the El Dorado at 300 Central Park West, the New York Post reports.
In search of a bigger home for his growing family, Willis listed the property for nearly $13 million, which is over $4 million more than he paid for it last year.
It is not yet revealed who the home’s new owner is, or how much they agreed to pay, but the residence already has a star-studded history.
U2’S Adam Clayton once enjoyed the desirable Central Park views from the apartment when he resided there.
Ann Cutbill Lenane of Douglas Elliman listed the home.


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