Any idea why there were so many sales in this building, especially around 2011-12? Price per sq ft seems extremely low for a building in such prime area.

Carnegie Plaza is an old, charming building with an absolute ton of potential. The units are very large with beautifully vaulted ceilings and good layouts. Unfortunately, 162 W 56th St has a horrible management company and staff as well as a useless super (who does not actually live-in). The building has been poorly maintained for many years, which is unfortunate because of how wonderful it could be.

The other main issue is the constant construction close to the building. Its a double whammy, with construction across the street at Carnegie Hall as well as the adjacent lot at 160 W 56th St (a hotel is now going up). It begins at 8 am and continues thru the night as well as on weekends. The worst part is the noise every night between the hours of 1 am and 4 am from the 25 different garbage trucks that pick-up and compact the construction materials and trash from Carnegie Hall. The noise is so bad that it wakes my family almost every night.