Now a 15 Central Park West Apartment is Asking $95 Million

CurbedAugust 08, 2012
After A-Rod left his 35th-floor rental at 15 Central Park West, the apartment's owner, steel magnate Leroy Schecter, announced his plans to combine the unit, 35B, with 35A, which he also owned, and then put the combo up for sale. Schecter had already tried and failed to sell the apartments in 2010 for $55 million, at the time an astonishing price for even 15 CPW. Now, Schecter's five-bedroom combo is nearly complete, and the Journal reveals its asking price: $95 million. This is the era in which another apartment in the building sold for $88 million, after all, and there are still 92 people in the world richer than the person who bought it.

Why should they fork over the funds? >>

Schecter himself paid just $18.9 million for the two apartments, so why should anyone pay so much more for the combo, especially when it's 20 percent smaller than its $88 million neighbor? Schecter's apartment is higher and has better views, his broker explains. The master bedroom looks out on the park, too, even if it wasn't custom-designed by building architect Robert A.M. Stern. And, like Sanford Weill, seller of the $88 million pad, some of Schecter's profits from the sale will go to charity—in this case, Schecter's own foundation, which "is planning to refocus on helping people living in poverty in the New York area."
There's no listing online for the $95 million combo, but here are the floorplans for the two uncombined 35th-floor units: