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Prior to the sale, community groups had unsuccessfully lobbied city agencies to prevent a high-rise building from being constructed on the site. In 1987, Trump's father, Fred Trump , invested $15.5 million in the project, but in 1991 sold these shares to Donald for $10,000, apparently masking a hidden donation ( evading the 55% gift tax ) in ...
Vanity Fair described 15 CPW as "the highest-priced new apartment building in the history of New York". [4] Though the real-estate market in general had slowed down due to the financial crisis of 2007–2008, luxury condo sales at 15 CPW and the Plaza Hotel disproportionately impacted average apartment prices in Manhattan. [89] [90]
1049 Fifth Avenue is a 23-floor luxury condominium apartment building located in the Upper East Side of Manhattan in New York City. Built in 1928 as the Adams Hotel , the building underwent extensive renovation in its conversion to residential condominiums during the years 1990–1993.
Despite an unfavorable luxury real estate market, the building's 7,175-square-foot (666.6 m 2) penthouse entered contract in mid-2019 for "close to" its asking price of $58 million, making it one of the most expensive New York condo sales of 2019. [149]
161 Maiden Lane (also known as One Seaport, 1 Seaport, or Seaport Residences) is an incomplete 670 ft (205 m) tall residential skyscraper on Maiden Lane in the Financial District of Manhattan, New York City, United States.
One Madison is a luxury residential condominium tower located on 23rd Street between Broadway and Park Avenue South, at the southern end of Madison Avenue, across from Madison Square Park in the Flatiron District of Manhattan, New York City.