House of the holy moly
Wall Street's biggest names are paying up to $6,000 a square foot for apartments at 15 Central Park West.
(Fortune Magazine) -- It's the latest entry into the annals of ridiculous wealth, and some of Wall Street's biggest names are getting ready to move in: Brand-new 15 Central Park West has been causing a fuss ever since it sold out its $2 billion worth of real estate in less than two years. Hedge funder Daniel Loeb raised eyebrows when he paid $45 million, or $4,200 a square foot, for his pad on the "tower" side two years ago, but it turned out to be a value play: Sandy Weill paid $6,200 a square foot for his.
Sandy Weill "House" side penthouse,$42.4 million Weill's new spread has four bedrooms and a 1,979-foot wraparound terrace.
Daniel Loeb "Tower" side, $45 million The price reportedly paid by hedge fund manager Loeb set a record when he was one of the first buyers two years ago; now it's a bargain.
Erin Callan "Tower" side, price not available The Lehman banker led the Fortress and Blackstone IPOs and was just named the bank's next CFO.
Lloyd Blankfein $27 million (reportedly) Goldman's Whitehall real estate investment fund is a 30% investor in the building. ![]()
-
Whiskey is harder to value than wine, but its longevity makes it a worthy option for collectors. more -
Which strategy works better for your career: Watching 'Supernanny' or scouring the New York Times? more -
The short answer is yes. But there are risky securities lurking in some portfolios. more -
It takes more than leading-edge technology and a Stanford MBA to make it big in high tech. Apparently it takes whiskers. more -
Our clunky, brownout-prone electricity distribution system is about to enter the Computer Age, and Ray Bell's smart meter could be the key. more -
The insurer is trying to shut down its founder and former CEO Hank Greenberg, but it faces an uphill battle. more



