15 Central Park West took three years and about $1 billion to construct, including the land. It was an immediate success, ringing up $2 billion in sales. Even today, the building continues to break real-estate sales records.
Mike Tauber
Source: "House of Outrageous Fortune" by Michael Gross
SO WHO LIVES THERE?
Hedge-fund manager Daniel Loeb bought an eight-bedroom, 10,700-square-foot penthouse condo, paying a record-breaking $45 million back in 2005 when the building was still a hole in the ground.
Prudential Douglas Elliman
Source: "House of Outrageous Fortune" by Michael Gross Photos are listing and public photos of 15 Central Park West; not actual apartments.
Goldman Sachs CEO Lloyd Blankfein was also an early buyer. He paid $25.7 million in cash for his corner duplex back in 2006.
CORE Group NYC
Source: "House of Outrageous Fortune" by Michael Gross
Former Citigroup CEO Sandy Weill bought a full-floor penthouse in the front section of 15 CPW. He paid $43.7 million for the place in 2007, then a record price per square foot, and surprised his wife with it on Valentine's Day.
AP Photo
Source: "House of Outrageous Fortune" by Michael Gross
But that was nothing compared to the $88 million Weill made when he sold it to the 22-year-old daughter of Russian billionaire Dmitry Rybolovlev. She reportedly barely uses it.
AP Photo
Source: "House of Outrageous Fortune" by Michael Gross
More than half a dozen Goldman Sachs execs have owned apartments at 15 CPW at some point — no surprise, since the bank helped finance the building. "Goldman Sachs executives didn't need to make phone calls or write letters to make its building desirable," Gross wrote of the so-called Goldman Effect. "The mere fact that Goldman people were buying en masse made it so."
Mike Tauber
Source: "House of Outrageous Fortune" by Michael Gross Photos are listing and public photos of 15 Central Park West; not actual apartments.
Hedge-fund founder Daniel Och was another early buyer, picking up the top floor of the 43-story tower — a simplex listed at $41.25 million. He held a birthday party in the apartment before it was finished, setting up a stage on the terrace where the band Five for Fighting performed.
Wikipedia
Source: "House of Outrageous Fortune" by Michael Gross
Israeli scientist Shlomo Ben-Haim sold his 40th-floor penthouse to a mysterious buyer for $37 million in 2012; it was later revealed to be Bob Diamond, then-CEO of Barclays Capital.
REUTERS/ David Moir and Halstead
Source: "House of Outrageous Fortune" by Michael Gross Photos are listing and public photos of 15 Central Park West; not actual apartments.
The building's amenities and private nature are also a major draw for celebrities. Denzel Washington paid just over $13 million for his three-bedroom, four-bathroom apartment back in 2006.
Universal/AP
Source: "House of Outrageous Fortune" by Michael Gross Photos are listing and public photos of 15 Central Park West; not actual apartments.
Sting bought the $26.5 million condo right next to Lloyd Blankfein's in 2008.
Wikipedia/Prudential Douglas Elliman Real Estate
Source: "House of Outrageous Fortune" by Michael Gross Photos are listing and public photos of 15 Central Park West; not actual apartments.
NASCAR legend Jeff Gordon and his wife paid $9.67 million for a condo in 2007. The couple sold it last year for $25 million, somewhat less than its $30 million asking price.
Halstead Property
Source: "House of Outrageous Fortune" by Michael Gross Photos are listing and public photos of 15 Central Park West; not actual apartments.
Slugger Alex Rodriguez rented a $30,000-a-month apartment there in 2010. He was "the best tenant," one broker told Gross, though building staff griped about his womanizing.
Prudential Douglas Elliman Real Estate
Source: "House of Outrageous Fortune" by Michael Gross
Actors Kelsey Grammer and Mark Wahlberg have also called the building home for brief periods. "Security is tight — and for good reason," Gross writes. "Members of the staff believe that terrorists have threatened, if not targeted, the building."
Halstead/Getty
Source: "House of Outrageous Fortune" by Michael Gross Photos are listing and public photos of 15 Central Park West; not actual apartments.
Techies are also represented at 15 CPW. Yahoo co-founder Jerry Yang dropped a little more than $20 million for a condo in the "house" section of the complex.
REUTERS/Rick Wilking and Sotheby's
Source: "House of Outrageous Fortune" by Michael Gross Photos are listing and public photos of 15 Central Park West; not actual apartments.
Senior Google exec Omid Kordestani lives on the same floor as Lloyd Blankfein and Sting. He bought his apartment in March 2008 for $29.5 million.
Julie Zeveloff/Business Insider
Source: "House of Outrageous Fortune" by Michael Gross
Representing the media world, Wine Spectator publisher Martin Shanken was another early buyer. He paid $19.75 million for his half-floor penthouse.
Mike Tauber
Source: "House of Outrageous Fortune" by Michael Gross Photos are listing and public photos of 15 Central Park West; not actual apartments.
Sportscaster Bob Costas bought his $11 million pad in 2007; he and wife, Jill, moved in from the Time Warner Center a few blocks away.
Halstead/FTW
Source: "House of Outrageous Fortune" by Michael Gross Photos are listing and public photos of 15 Central Park West; not actual apartments.
The real-estate world has a presence in the building as well. Both Zeckendorf brothers, who developed the building, bought apartments there. They each paid $11.5 million, discounts of $3.5 million over the initial listing prices. Will later sold his for $40 million.
AP Photo/Richard Drew
Source: "House of Outrageous Fortune" by Michael Gross
Co-developers Eyal and Idan Ofer also bought into the property. Eyal wound up with a penthouse featuring a King of the World terrace that was listed for $26 million, and Idan got a $4 million discount on his $30 million pad, according to Gross.
Prudential Douglas Elliman Real Estate
Source: "House of Outrageous Fortune" by Michael Gross
Marquis Jets founder Jesse Itzler and his wife, Spanx inventor Sara Blakely, own two condos, which together cost $14.7 million. Blakely has a fear of heights, and the couple reportedly hired a former Navy SEAL to suggest emergency escape plans from their 37th-floor apartment, Gross writes.
Fernando Leon/Getty Images and Sotheby's
Source: "House of Outrageous Fortune" by Michael Gross Photos are listing and public photos of 15 Central Park West; not actual apartments.
Steel manufacturer Leroy Schecter bought two units on the 35th floor and combined them in 2012. He soon listed the mega-pad for $95 million, and it has bounced on and off the sales and rental markets ever since.
Julie Zeveloff/Business Insider
Source: "House of Outrageous Fortune" by Michael Gross
Other major executives who bought into 15 CPW include TV producer Norman Lear, who paid $10.2 million for his pad; Limited founder Leslie Wexner, who spent $13.34 million on his; and Alan Horn, ex-president of Warner Bros., who paid $9.7 million.
Mike Tauber
Source: "House of Outrageous Fortune" by Michael Gross