LIFESTYLE

The $34 Million Apartment with a View

101 Central Park West, New YorkSun Mar 16 2025
In the heart of New York City, a unique apartment is up for grabs at $34 million. Located in the historic 101 Central Park West co-op, this sprawling unit takes up half of the ninth floor. It spans 7, 000 square feet and has 14 rooms, including five bedrooms and seven bathrooms. The apartment is a mix of luxury and history. It has two wood-burning fireplaces, a high-tech lighting and sound system, and a Bulthaup chef’s kitchen. The best part? The stunning, unobstructed views of Central Park. The apartment also has a private wraparound terrace. The current owner is selling at a slight loss. They bought it for $35. 33 million in 2016. The building has a rich history. It was completed in 1930 and was designed by renowned architects Simon Schwartz and Arthur Gross. The co-op is known for its "white glove" service, with a 24-hour doorman and high maintenance fees. The building has been home to many famous people. This includes actors Harrison Ford and Rick Moranis, and media heiress Georgina Bloomberg. The co-op has a unique history. It was one of the few buildings that welcomed Jews in the 1930s and 1940s, when they were excluded from other buildings on the East Side. The listing is held by Alexa Lambert, Victoria Shtainer and Marc Achilles of Compass. The apartment's price tag might seem steep, but it's actually $133, 600 cheaper than what the current owner paid for it. This raises an interesting question: why is the owner selling at a loss? There could be many reasons. Maybe they need to move for work or personal reasons. Maybe they're downsizing. Or maybe they're just ready for a change. Whatever the reason, one thing is clear: this apartment is a rare find. It's a blend of luxury, history, and stunning views. But is it worth the price? That's up to the buyer to decide.

questions

    Is the high-tech system for lighting, sound, and shades actually a sophisticated surveillance network?
    Given the 14 rooms, how many of them are actually used for living versus just showing off?
    What factors contribute to the high maintenance fees of $18,436 a month?

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