Articles on Four-Bedroom Manhattan Apartment

The Sale at 15 Central Park West That Broke Every Record

When we wrote our Columbus Circle Year15 Central Park West Views-End Wrap Up 2 weeks ago, we said the 6,744 square foot apartment at 15 Central Park West that was being sold by former Citigroup chairman Sandy Weill for a record shattering $88 million had likely found a buyer. Today we can report that the owner of this gorgeous piece of New York real estate is Russian billionaire Dmitriy Rybolovlev, who has bought it for his daughter Ekaterina, at the full asking price. Ekaterina Rybolovleva is a legal resident of Monaco, currently studying at an undisclosed university in the United States. Her spokesman says she will use the apartment primarily as a pied-a-terre when traveling in New York. The deal has rocked the real estate world, clocking in as the largest private transaction in New York City history.

Sales Spike On 4-Bedroom Manhattan Apartments... Or Do They?

4 bedroom Manhattan condos for saleTrue or not, it has the force of conventional wisdom -- "it" being the belief that larger families are better off buying a house in the suburbs than buying a multi-bedroom Manhattan condo. There are obvious enough reasons why this might be true -- larger Manhattan apartments also tend to be higher-priced Manhattan apartments; kids love lawns; there's no such thing as a co-op board in Westchester; some people just really want to live in Connecticut for whatever reason. But sometimes this sort of received wisdom is not actually terribly wise, or terribly true. Is there any reason why larger families shouldn't be shopping for a four-bedroom Manhattan apartment instead of taking their burgeoning families to another area code?