Each and every one of us hopes that sometime in the not-too-distant future the word ‘recession’ will be buried deep in our memory, but unfortunately, that day has not come yet. Nevertheless, here at ProperyShark.com, we’ve been noticing that the uncertainties of the real estate market didn’t stop our visitors from taking an interest in some of the most talked-about condominium buildings in the city’s most expensive neighborhoods.
The interest was divided between distressed properties and costly investments, so let us head to Manhattan for our 10 most viewed properties since the beginning of 2011.
#1. Topping our list is one of the real-estate media’s ‘darlings,’ 15 Central Park West, and for no small reason. One can find big names in this building’s residency history, such as entertainment industry A-list Sting and Denzel Washington and chief executives like Lloyd Blankfein (of Goldman) and Daniel Loeb, and seeing the latest transactions, it seems that the building itself can turn into a ‘Hall of Fame’ of Real Estate.
The first quarter of 2012 saw Sandford Weill’s $88M pad sold to the duo of fertilizer tycoon Dmitry Rybolovlev and his daughter. Seizing momentum, other apartments at the same address were listed at more than $20 million.
The Real Deal reports that at least two of these transactions are set to break the records: a 3,831-square-foot unit priced at $35 million and a 2,761-square-foot spread re-listed at $23.95 million.
#2. With 313 West 35 at number 2, we’re radically turning the page to a ‘damsel-in-distress.’ The 63,000-square-foot Midtown building of miscellaneous lofts has been in the news because of looming fraud accusations.
Real estate investor Isaac Chetrit has been trying to foreclose on the property since April 2010, when he bought the $13.5 million debt from Wrightwood Capital, after its previous owner, diamond-dealer Aaron Chitrik, defaulted on the mortgage. At the end of last year, the case was locked in court under allegations of improper property transfer.
#3. With The Time Warner Center at number 3, we’re back in Lincoln Square. Not only is this property a landmark for shoppers, but it has secured also a solid top place for some of the priciest deals on the NYC residential market.
One condo sold in Q2 2011 for $20.4M, one of the priciest homes for that quarter, while another one has recently entered the market with a whopping asking price of $50M.
In 2011, The Time Warner Center also topped the lists for being one of the few condo developments in New York going above the 1 billion mark, as shown in one of our previous blog posts.
#4. The Orion at 350 West 42 St. comes in at the 4th place, another new highlife condominium property that disrupts the line of red-brick, pre-war buildings New York is so famous for. As our data shows, with about 550 residential units set at prices currently ranging between $689,000 and $2.5 million, this is one our top-10 picks for condo developments in the city in 2011.
#5 in our list is seized by the office building at 350 Broadway…apparently. We’ve tried guessing whether our visitors were looking instead for SoHo’s 350 West Broadway, which has been in the news for closing several deals after a longer waiting period.
So we’re asking for your feedback for solving this little mystery: did you mean 350 Broadway, the Leonard office building, and if so, what made you take an interest in this property? Or was it 350 West Broadway you had in mind? Please let us know.
All in all, here is our complete list of properties with the highest numbers of unique visitors: