Vornado Realty Trust has kept a tight lid on plans for its uber-luxury tower at 220 Central Park South, but new images suggest that the Robert A.M. Stern-designed condominium has a bit of a different look.
An ad placed by the developer in a REBNY booklet, as well as an image posted on Instagram by agent Dolly Lenz, show slight modifications — more detailed windows and moldings at the crown of the building, along with terraces on the upper penthouses.
The developer â which has never released official renderings â declined to comment.
But Vornado’s secrecy around the design of 220 CPS hasnât turned buyers away. The real estate investment trust reportedly sold one-third of the condos for $1.1 billion within six weeks of a soft marketing launch last year.
Vornado is spending $5,000 per square foot to develop the 950-foot tower, the REIT disclosed last year. As of November, more than half of the buildingâs 118 units were in contract, including 14 units that went for more than $50 million, CEO Steven Roth said during an earnings call at the time. The total sellout for the building is $3.1 billion, according to the Attorney Generalâs office.
Last year, hedge fund founder Ken Griffin reportedly paid more than $200 million to combine multiple penthouses at 220 CPS. A Qatari buyer was also looking to combine multiple apartments into a single, $250 million pad, TRD previously reported. [NY YIMBY, NYP] â E.B. Solomont
Source: The Real Deal