Posted Mar 3, 2011, 8:01 PM
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Registered User
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Join Date: Aug 2010
Location: 10014
Posts: 1,617
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Well the one pictured all the way on the right is a hotel, so that just leaves the four pictures plus this new one which is still a lot but the demand for high end condos, well into 7 figures, is very very high right now, Wall St's booming, corporate profits are at or near all-time highs, and the weak dollar makes buying a place here for a foreigner even more attractive.
15 Central Park West sold units for $6K a square ft, granted that's right on CP with unobscured views, but these will have really beautiful views too, just of a different kind. Then there really isn't a whole lot of new very high end residential skyscrapers under construction outside of C57 and Beekman, and Beekman's a rental. There's definitely demand for these to be built, from my understanding it's that pesky first $1B or so to actually get it built that's holding these up, not necessarily the potential lack of sales.
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