Articles on 101 Warren Street

Warren Street Becomes Home to New Luxury Developments

Along with 101 Warren Street, a slew of new developments are set to take hold on Warren StreetWarren Street is headed for a makeover. As a neighborhood, Tribeca has rarely ever held a large deal of new and available inventory. However, this area of Lower Manhattan has recently become a bit of a residential hub. As the World Trade Center has been built and revitalized, so too has this region of Tribeca which has received a good deal of economic investment, reinvigorating the business district of Manhattan as a whole. Despite its busy and commercial nature, Warren Street has been primed for a slew of new construction and ultra-luxury condominiums.

The Numbers Are In: 15 Central Park West Is The Richest Address In Manhattan Real Estate

One thing is certain about Manhattan luxury condominiums -- they are luxurious condominiums located in Manhattan. That particular tautology aside, though, the world of Manhattan luxury real estate can often seem like an especially well-amenitized bit of science fiction -- a sort of parallel universe in which new luxury condos compete for potential buyers by jockeying to see which new condo boasts the most impressive golf simulators, best-landscaped rooftop terraces and highest ceilings. We love it, of course, but it does make even us here at New Construction Manhattan -- whose job, as you've probably noticed -- is to observe and cover this particular scene wonder just how much luxury even this wealthiest of boroughs can afford.

Well, wonder no more. The astronomical figures are in, and a winner has been named. In a recent blog post, Property Shark announced that residents of 15 Central Park West has the highest gross income in Manhattan. Grossing approximately $1,883,936,235 since January 2005, 15 Central Park West beat out The Plaza, the iconically extravagant Fifth Avenue hotel that offers a handful of luxury condo-style residences, by nearly $608 million. And not only does 15 Central Park West have the highest gross income in Manhattan, but in all of America. The average sale price for condos in 15 Central Park West is a little over $8 million. The highest sale in the building was a whopping $45 million for a 39th floor duplex. So, what makes 15 Central Park West so irresistible to the super-rich, you ask?