Sale at 145-146 Central Park West #10B

They want the *buyer* to pay a 3.5% flip tax. That's got to be off-putting.

Yes, the by-laws specify it's to be paid by the buyer. I guess buyer-pays was why such an unusually-hefty transfer fee was approved by the shareholders.

Didn't deter the 12G bidders, though, and buyers factor it in anyway.

Why has 15C been on the market for years?

Maybe undercut by better-priced south-front-corner competitors.

09/09/2010 Previously Listed by Brown Harris Stevens at $20,000,000.
08/17/2011 Brown Harris Stevens Listing is no longer available.
09/07/2011 Listed by Brown Harris Stevens at $20,000,000.
02/12/2012 Listing is no longer available.
05/03/2012 Re-listed by Brown Harris Stevens.

When 15C first listed, 19C had just gone to contract at $14,500,000, so $20,000,000 made no sense.

While 15C sat, 21C came along and went for $13,500,000.

Then 15D up the street at the Beresford sold for $16,500,000.

If someone wanted to pay ~$20,000,000, there was this duplex at the Beresford: http://streeteasy.com/nyc/sale/679015-coop-211-central-park-west-upper-west-side-new-york It didn't sell either.