Michael Lewis, the London-based head of commodities research at Deutsche Bank, recently listed his condominium at 15 Central Park West (the most luxurious condo in NYC) for a hefty mark-up over the price he paid for the property in 2008. Lewis wants $30 million for the pad according to the listing. That’s nearly three times the $10.1 million he paid six years ago, records show. Recent sales in the building indicate that Lewis’ ask may not be as far-fetched as ...

Vornado Realty Trust unveiled renderings for the Robert A.M. Stern-designed condominium tower at 220 Central Park South, presenting a second, smaller 14-story structure on the site. The limestone tower at the center of a now-resolved dispute between Vornado and Extell Development is slated to rise 920 feet near Seventh Avenue. The units will feature floor-to-ceiling windows, herringbone floors, fireplaces, and ceilings with sunken panels. In October, Vornado and Extell officially settled litigation over side-by-side development lots, paving the way for ...

Miami’s luxury residential market enjoyed an increase of nearly 400 homes and condos sold for at least $1 million during a 12-month period ending in September 2013, a new report shows. Luxury residential sales in Miami jumped from 1,065 in the first nine months of 2012 to 1,442 in the first nine months of 2013, according to the latest “Atlantic Insights” report from Christie’s International Real Estate. Luxury homes stayed on the market for an average of 132 days during ...