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2000s to present |
The World opened in 2000.[203][199] That May, the LPC approved the addition of an LED marquee[204] after initially hesitating to do so.[199] The new marquee was unveiled with an American flag display on September 12, 2001, one day after the September 11 attacks.[32] WWE closed its store and restaurant in early 2003, on... |
Paramount Leasehold LP, the building's owner, obtained a $130 million mortgage from Cantor Commercial Real Estate in 2013. Paramount Leasehold planned to spend $50 million on renovating the building; it also considered adding an entrance on 43rd Street. At the time, 1501 Broadway was 70 percent occupied, and its tenant... |
The lobby relocation was completed in mid-2018,[33][217] after which Newmark signed leases with tenants such as the KIPP Foundation and the American Federation of Musicians.[218][219] The entire renovation was completed in 2019.[216] JPMorgan Chase gave Levin and Newmark a $200 million loan for 1501 Broadway in early 2... |
Critical reception |
When the Paramount Building was completed, architect Francisco Mujica wrote that the building exemplified how setback skyscrapers resembled "the primitive pyramids of America".[223][224] H. I. Brock of The New York Times wrote that the Paramount Building was "the most extraordinary pile in New York".[21][225] Conversel... |
In the 1980s, The New York Times wrote that Times Square's skyline was characterized by "the beautiful Astor Hotel, the sleekly new Paramount Building and, of course, Times Tower".[228] The Times wrote that despite 1501 Broadway's location at the middle of Times Square, "some New Yorkers have never bothered craning the... |
See also |
References |
Notes |
Citations |
Sources |
External links |
15 Central Park West |
15 Central Park West (also known as 15 CPW) is a luxury residential condominium along Central Park West, between 61st and 62nd Streets adjacent to Central Park, on the Upper West Side of Manhattan in New York City. It was constructed from 2005 to 2008 and was designed by Robert A.M. Stern Architects in the New Classica... |
Both the House and the Tower contain several setbacks, complementing the design of older apartment buildings on Central Park West. The Tower rises above a retail podium, which faces west toward Broadway. The two sections are connected by an elliptical entrance pavilion, which abuts a cobblestone courtyard and a private... |
15 Central Park West was built on the sites of the Mayflower Hotel, which dated from 1926, and a vacant lot. In May 2004, a joint venture composed of Arthur and William Lie Zeckendorf, Whitehall Street International, and Global Holdings Inc. purchased the Mayflower and the vacant lot for $401 million. Robert A.M. Stern... |
Site |
15 Central Park West is the Upper West Side neighborhood of Manhattan in New York City.[6] The building's land lot occupies the entire trapezoidal city block between Central Park West to the east, 61st Street to the south, Broadway to the west, and 62nd Street to the north. The land lot has an area of 57,899 sq ft (5,3... |
The current condominium building replaced the Mayflower Hotel at 15 Central Park West, as well as a vacant lot.[4][7] The Mayflower, on the eastern part of the site, had been designed by Emery Roth in the Neo-Renaissance style. The hotel, originally known as the Mayflower-Plymouth, was completed in 1926 and contained 3... |
Architecture |
15 Central Park West (also known as 15 CPW[12]) was designed in a New Classical style by Robert A.M. Stern Architects.[13] It was developed by a joint venture of Arthur and William Lie Zeckendorf, grandsons of real estate developer William Zeckendorf; Whitehall Street International, a subsidiary of Goldman Sachs; and G... |
Form |
The House measures 231 ft (70 m) tall,[16][2] while the Tower measures 550 ft (170 m) tall.[16][14] The Tower rises from a ground-level retail podium, aligned with the diagonal axis of Broadway,[17] though it was intended to blend in with other mid-rise buildings along Central Park West.[18] According to Robert A.M. St... |
South of the entrance pavilion, accessed from a driveway on 61st Street, is a "motor court" paved in cobblestones.[15][21] The motor court measures 70 by 200 ft (21 by 61 m)[16] and is arranged around a black-granite fountain.[21] The building's management discouraged chauffeurs from waiting in the motor court; many ch... |
The penthouse apartments on the upper stories of both sections contain setbacks with terraces.[16][20] The House includes symmetrical setbacks, while the Tower has a more complicated massing with asymmetrical setbacks.[26] The southern elevation of the Tower contains multiple setbacks, allowing direct sunlight into the... |
Facade |
The facade of 15 CPW is made of Indiana limestone, sourced from the same quarry as the Empire State Building.[15][29][30] The developers and the architect had selected limestone because of its durability and because there were other limestone structures along Central Park West.[30][20] There are 85,000 pieces of buff a... |
There are large windows, many of which contain small balconies.[16][28] The windows were intended to appeal to buyers while also retaining the character of the limestone facades.[20] Some of the windows are narrower than the others, indicating the internal arrangement of each apartment.[26] The southern elevation of th... |
The building's main entrance is through a curved limestone doorway on Central Park West, which contains a set of double doors topped by a transom. There are lighting sconces on either side of the entrance, above which are grilles.[34] On the Broadway elevation of the Tower, the lowest two stories contain double-height ... |
Features |
The building has a doorman, chef, and concierge service.[23] There are two lobbies, both of which are staffed by concierges.[15][35] The building has more than 50 employees.[35][36] In 2009, these included six doormen, seven concierges, eight lobby attendants, eight porters, and twelve engineers. At any given time, the... |
Lobbies |
The House's lobby on Central Park West is designed in English oak with marble trim, as well as two fireplaces with elaborate mantels.[4][15][34] The lobby contains an elliptical dome at its center, as well as four Sarrancolin marble columns carved from linenfold. Two groups of seating, arranged around the fireplaces, f... |
A gallery connects the House with the Tower's lobby and the Tower's residences. The gallery is decorated with marble frames and mirrored panels.[37] The Tower's lobby is underneath the elliptical entrance pavilion connecting the two sections of the building.[15][37] It contains Sarrancolin-marble window frames, limesto... |
Apartments |
The building contains either 201[4][38] or 202 apartments.[20][39] The Tower contains about two-thirds of the apartments, while the other one-third are in the House.[20] Each section has two elevator cores, which each originally served no more than two apartments per floor, although some apartments have since been comb... |
In the original condominium offering, the largest residence covered 6,600 sq ft (610 m2).[45][46] This residence, on the 19th floor of the House, has an entrance hall with a skylight, as well as a three-sided terrace.[46] Mica Ertegun redecorated the unit in materials such as mahogany, onyx, and plaster;[47][48] the ap... |
The lower levels also contain 27[49] or 29 studio apartments for tenants' live-in servants.[15][36] These units originally cost $650,000 to $1.74 million, though they could only be purchased along with an apartment;[50] some of these apartments were sold for more than $2 million.[36] One such studio is apartment 6H, fo... |
Amenities and retail |
Some of the building's amenity spaces are below the courtyard.[16] There is a 14,000 sq ft (1,300 m2) fitness center.[30][52][23] One amenity within the fitness center is a 75-foot (23 m) swimming pool,[30][52] which can be divided into three lanes.[23][24] Other fitness equipment was placed next to one end of the swim... |
The basement contains a wine cellar with an octagonal wine-tasting area,[15][52] another feature intended to attract potential residents.[55] The wine-tasting area is surrounded by approximately 30 wine closets.[30][36][50] These wine closets are sold individually to residents[15][52] at prices ranging from $50,000 to ... |
The lowest stories of the Tower contain four levels of retail space facing Broadway. The retail space spans 86,000 sq ft (8,000 m2) across the ground story, the second story, and two basement levels.[56] The three stories immediately above the retail space are numbered as floors 6 through 8. In addition to the servants... |
History |
Development |
Planning |
In May 2004, a joint venture composed of Arthur and William Lie Zeckendorf, Whitehall Street International, and Global Holdings Inc. purchased the Mayflower and the adjacent vacant lot for $401 million.[4][7][9] Architectural critic Paul Goldberger described the assemblage as "the most expensive site in Manhattan".[4] ... |
More problematic for the Zeckendorfs was the fact that the Mayflower Hotel still had four residents who refused to move out of their rent-regulated apartments.[60] All four residents had resided there for at least 30 years.[61][62] They all lived in the hotel's north wing; if any of them refused to relocate, the Zecken... |
The Zeckendorfs agreed to build affordable housing in another part of the city in exchange for a 421-a tax exemption for 15 Central Park West,[67] as well as 114,000 sq ft (10,600 m2) in additional floor area.[68] The joint venture initially did not divulge details of its plans, even as the site was being cleared.[16] ... |
Construction and sales |
Before starting construction, Arthur Zeckendorf conducted studies to determine which amenities to include in the building and which type of limestone to use for the facade.[70] The building's sales office opened in September 2005,[15][71] and construction work commenced the same month.[72] Within two months, 74 of the ... |
The developers did not host any parties to promote the new building.[75] Nonetheless, 15 CPW was popular, and sixty percent of the apartments had been sold by May 2006. At the time, the developers planned to start selling units on the lower stories in early 2007.[76] Wallgren attributed the building's popularity to "ca... |
The building's two sections topped out during mid-2006. Nine months after the sales office opened, the developers had sold around 150 of the apartments for an aggregate of $1.2 billion.[30] The average apartment had sold for $9.5 million (a rate of $3,300/sq ft ($36,000/m2)), although fourteen units sold for over $20 m... |
Usage |
Opening |
15 CPW opened in August 2007. By the end of that year, a third of condo purchases had been finalized, though some tenants immediately sought to resell their condos.[84] Several units were listed for $80 to $90 million, far more than what their owners had paid;[85][86] at the time, the most expensive residence ever sold... |
The first tenants moved into the building in early 2008,[12] though the Zeckendorfs were still finishing the amenities by that May.[91] Several tenants had resold their condos by June 2008,[12] and Chase Bank and furniture store West Elm agreed to rent storefront space in the building's retail podium the next month.[92... |
2010s to present |
High-priced sales at 15 CPW continued in the 2010s. The New York Times wrote: "15 Central Park West has sustained its status as a real estate success story at a time when 'real estate' and 'success story' rarely appear in the same sentence."[97] Although the building faced competition from newer Billionaires' Row devel... |
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