Annals Of Ridiculous Wealth: Meet The Tenants Of 15 Central Park West

Fortune   |  Jia Lynn Yang   |   December 12, 2007 03:08 PM


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It's the latest entry into the annals of ridiculous wealth, and some of Wall Street's biggest names are getting ready to move in: Brand-new 15 Central Park West has been causing a fuss ever since it sold out its $2 billion worth of real estate in less than two years. Hedge funder Daniel Loeb raised eyebrows when he paid $45 million, or $4,200 a square foot, for his pad on the "tower" side two years ago, but it turned out to be a value play: Sandy Weill paid $6,200 a square foot for his.

Sandy Weill "House" side penthouse,$42.4 million Weill's new spread has four bedrooms and a 1,979-foot wraparound terrace.

Daniel Loeb "Tower" side, $45 million The price reportedly paid by hedge fund manager Loeb set a record when he was one of the first buyers two years ago; now it's a bargain.

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- Kendo Nagasaki See Profile I'm a Fan of Kendo Nagasaki permalink

Lets face it, rich people get rich off the backs of poor people. It is a sad irony that in supposedly the richest country in the world there are citizens who cannot afford healthcare or housing. I know, the rich call them lazy bastards, but how about those homeless Veterans returning from Iraq ?

The other irony is that if people were paid decent wages they could perhaps more easily make their mortgage payments. Henry Ford had the view that his workers should earn enough to buy one of his cars. Now the philosophy is more like - suck up, kick down.

    Favorite    Flag as abusive Posted 11:50 AM on 12/15/2007
- geobushono See Profile I'm a Fan of geobushono permalink

I'm sure if they try, they can see people huddling over sewer grates.

    Favorite    Flag as abusive Posted 10:47 AM on 12/14/2007
- kdjoins See Profile I'm a Fan of kdjoins permalink

Another ridiculous headline from HuffPo. People are free to spend their money the way the want to. HuffPo is going to hell fast.
http://www.lezident.com

    Favorite    Flag as abusive Posted 03:25 PM on 12/13/2007
- JScott See Profile I'm a Fan of JScott permalink

It's ok but you'd think that every unit would get a terrace not just some of em.

    Favorite    Flag as abusive Posted 12:41 AM on 12/13/2007
- ohiomark See Profile I'm a Fan of ohiomark permalink

Look kiddies, another class envy story.

Wealthy this, ultra rich that, when do I get mine.......blah, blah, blah.

    Favorite    Flag as abusive Posted 12:05 AM on 12/13/2007
- robinhood1 See Profile I'm a Fan of robinhood1 permalink

Does that mean that 740 park Avenue is now relegated to dowager status? Glass of water for Mr. Schwarzman and the missus.

    Favorite    Flag as abusive Posted 08:34 PM on 12/12/2007
- Weathermaker See Profile I'm a Fan of Weathermaker permalink

I really don't give a shit when rich people spend their money on stuff like this. I don't care if they leave everything to their pet. The problem is when they spend their money on media and politicians. In no other country does the poor class vote so stupidly against their own interests. How a person on minimum wage thinks universal healthcare is bad or less important than dudes kissing is beyond me.

    Favorite    Flag as abusive Posted 08:18 PM on 12/12/2007
- leftLibertarian See Profile I'm a Fan of leftLibertarian permalink

I wish I had more money.

    Favorite    Flag as abusive Posted 05:50 PM on 12/12/2007
- WIpatriot See Profile I'm a Fan of WIpatriot permalink

Ooh-la-la, I am impressed. Not envious, just impressed.

    Favorite    Flag as abusive Posted 05:15 PM on 12/12/2007
- fact finder See Profile I'm a Fan of fact finder permalink

Answer me this if you have the guts.Why do you close comments on shooting story's when most post disagree with the Brady Philosophy. BTW How are Sarah and Jim doing.? Well I hope in spite of their misguided efforts.

    Favorite    Flag as abusive Posted 04:25 PM on 12/12/2007
- curiousasheck See Profile I'm a Fan of curiousasheck permalink

Thanks to a federal bureaucracy that could not even helicopter bottled water to desperate people trapped in plain sight on highway overpasses in New Orleans in 2005 these guys have it made.

    Favorite    Flag as abusive Posted 04:17 PM on 12/12/2007
- tililek See Profile I'm a Fan of tililek permalink

And at the other end of the income and influence scale we have the government advocating a poll tax, just so some can flaunt their wealth and power. (And they pay the least amount of tax in relation to what they receive)

The world always reverts to power and wealth and the poor always pay for it.

    Favorite    Flag as abusive Posted 03:28 PM on 12/12/2007
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