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$1.4 Billion in Sales in One Year.


Penthouses Sell out at Fifteen Central Park West

--Manhattan's New Flagship Residential Building Sells All 16 Penthouses in Just Over One Year--

NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Arthur and William Lie Zeckendorf, co-chairmen of Zeckendorf Development, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 announced that the Robert A.M. Stern designed neo-classical building Fifteen Central Park West sold all 16 of its exclusive penthouses since its sales office opened in September 2005. In addition, 75 percent of the units in the entire building have been sold, breaking North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 Records by achieving over $1.4 billion in total sales.

"We are proud to sell all our 16 penthouses in such a short amount of time," said Richard Wallgren, Director of Sales for the building. "We are working with a very passionate and enthusiastic sales team that catered to every buyer's individual needs. It was a celebration when we signed our last penthouse penthouse

Enclosed area on top of a building. A penthouse can be an apartment on the roof or top floor of a building or a structure on the roof housing the top of an elevator shaft, air-conditioning equipment, or stairs leading to the roof.
 contract on September 15 which was listed for $29.5 million."

Located directly on Central Park West and Broadway, between 61st and 62nd Streets, Fifteen Central Park West's penthouses have expansive views of the park and the city skyline. It's most expensive penthouse sold for $45 million in November 2005, and features 10,700 square feet of space, his-and-hers offices, a screening room, library and 1,000-square-foot terrace.

"Achieving this much success so quickly indicates that this high end of the market will remain robust and also shows how desirable Fifteen Central Park West is to homebuyers," said William Lie Zeckendorf. "Its state-of the-art facilities, prime location and elegant designs attract those seeking to live in comfort and luxury in Manhattan." Arthur Zeckendorf comments, "The allure of living right on Central Park has captured the very strong interest of many buyers and we're proud to be continuing the history of architectural grandeur of Central Park West."

The average price of an apartment at Fifteen Central Park West is $9.5 million and 15 of the apartments sold were over $20 million each. The average size of an apartment at the building is 2,800 square feet with prices ranging from $2,000 to $6,000 per square foot with $3,300 as the average price per square foot.

Apartments are still available for those seeking a private residence of quiet and refined splendor Splendor
Aladdin’s palace

built of marble, gold, silver, and jewels. [Arab. Lit.: Arabian Nights]

Alhambra

the palatial 13th-century Moorish citadel in Granada, noted for its lofty situation, beautiful courts, and fountains.
. Prices for a two-bedroom facing the park, at 2,400 square feet, begin at $7.6 million while prices for a three-bedroom facing the park, at 3,100 square feet, begin at $8.2 million.

Fifteen Central Park West is currently under construction and initial occupancy is slated for the second quarter 2007.

Fifteen Central Park West is owned by W2001Z/15CPW (1) (Commercial Processing Workload) An IBM metric for system performance. CPW is designed for business applications that have a significant amount of input/output.  LLC Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
, a joint venture between Whitehall Street Real Estate Funds; an affiliate of Global Holdings, a US-based private real estate investment company; and entities owned by Arthur W. Zeckendorf and William Lie Zeckendorf.

About Zeckendorf Development, LLC

Led by brothers Arthur W. Zeckendorf and William Lie Zeckendorf, Zeckendorf Development, LCC (Leadless Chip Carrier, Leaded Chip Carrier) See leadless chip carrier, CLCC and PLCC.

1. LCC - Language for Conversational Computing. Written at CMU in the 1960's.
 is developing Fifteen Central Park West - a new 202 unit luxury condominium condominium

In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common.
 located at Central Park West between West 61st and West 62nd Streets. With a long family history in the modern development of New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 real estate, Zeckendorf Development and associate companies have been responsible for the construction and/or marketing of numerous luxury properties in Manhattan including 515 Park Avenue. Arthur and William are co-chairmen of Terra Holdings which is the holding company for Brown Harris Stevens and Halstead properties, two of the largest private residential real estate firms in Manhattan.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 21, 2006
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