The Park Imperial

Started by RickKelly

almost 14 years ago

Posts: 6

Member since: Nov 2007

Discussion about The Park Imperial at 230 West 56th Street in Midtown

Now is a fantastic time to purchase an apartment in The Park Imperial. The building's location and staff are second to none, and the opportunities for equity growth are unprecedented as newer untested projects hit the market for as much as $5,000-$7,000 per square foot, and neighbors Time Warner and 15CPW continue to trade well above $5,000 per square foot. This building is a solid BUY.

Response by csn

almost 14 years ago

Posts: 450

Member since: Dec 2007

Your kidding, right?

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Response by drdrd

almost 14 years ago

Posts: 1905

Member since: Apr 2007

Which one of our brethren would always chime in with: BUY NOW OR BE PRICED OUT FOREVER ?

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Response by Brooks2

almost 14 years ago

Posts: 2970

Member since: Aug 2011

It has to be a joke.

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Response by crescent22

almost 14 years ago

Posts: 953

Member since: Apr 2008

Rental
08/01/2012 #50E - $8,000 ↓ - 2 beds 2 baths
Rental
11/02/2011 #50E - $9,000 ↓ - 2 beds 2 baths
Rental
09/14/2010 #50E - $9,500 ↓ - 2 beds 2 baths
Rental
08/21/2009 #50E - $11,000 ↓ - 2 beds 2 baths
Rental
06/25/2008 #50E - $13,500 - 2 beds 2 baths 1,172 ft²

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Response by Brooks2

almost 14 years ago

Posts: 2970

Member since: Aug 2011

May be its time to rent

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Response by inonada

almost 14 years ago

Posts: 8082

Member since: Oct 2008

Crescent -- why not go with 53E for $7K:

http://streeteasy.com/nyc/rental/874041-condo-230-west-56th-street-midtown-new-york

Made Rick's sale of 51E for $2.5M a solid BUY:

http://streeteasy.com/nyc/sale/569717-condo-230-west-56th-street-midtown-new-york

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Response by Bill7284

almost 14 years ago

Posts: 631

Member since: Feb 2009

Really? Hey Rick, which one did you buy? I have always been against broker bashing on this site, but geez, this OP is just begging for it.

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Response by yikes

almost 14 years ago

Posts: 1016

Member since: Mar 2012

leave rick alone--why shouldnt he express pleasure with his purchase!

http://www.elliman.com/real-estate-agent/rick-kelly/4617

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Response by yikes

almost 14 years ago

Posts: 1016

Member since: Mar 2012

what a coincidence....ricky gotz a listing in this building--maybe he's a high-end flipper/broker?

http://www.elliman.com/new-york-city/230-west-56-street-manhattan-llrhnzf

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Response by viewisstillgreat

over 12 years ago

Posts: 0

Member since: Nov 2013

The Extell building can be expected to be very tall and slender in order to optimize the value of the air rights which limit the volume of the building. The new construction is diagonally off set towards the east from the PI ... not directly in front of the building. Views to the Hudson and midtown are gorgeous as well.

If you are looking for the opportunity to own mid-town modern real estate with terrific views and the highest quality of services, the PSF at the PI is an extraordinary investment opportunity with a price point well below the $8K / SF + that current new build in the neighborhood is priced.

The Park Imperial

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