Located in Midtown Manhattan is a stellar luxury penthouse at the top of the City Spire condominium on 56th Street. This pristine home of incomparable beauty is on the market for $100 million dollars and currently listed with Prudential Douglas Elliman Real Estate.

This incredible luxury residence occupies the top three floors and is over 11,000 square feet. One enters the penthouse on the 73rd floor into a foyer showcasing an artistic inlaid marble floor. The home is octagon-shaped and offers astounding views of the surrounding New York City skyline including Central Park.

150 West 56th Street includes a dining room suitable for serving 20 or more guests, a large entertainment/media room, a private study, and sizable conference room. A spacious master suite looks out over Central Park while the master bath features hunter green marble, a mahogany finish, and bronze fixtures.

The home sports a separate guest ...

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On rare occasions, one comes across a Manhattan luxury home so beautiful that words alone are not quite sufficient to describe its majesty. 4 East 80th Street in New York City is one such luxury property. Currently on the market for $90 million, this French gothic mansion is without rival.

The home is listed with almost 20,000 square feet of living space, 14 foot ceilings, and some rooms with a diameter of 35 feet. This gorgeous residential work of art is being sold by Brown Harris Stevens and was completed in 1916 by retail magnate, Frank Woolworth, of the famous Woolworth's department store chain.

This eight-story luxury townhome paradise has an immense, wood-paneled library on the third floor, a gym on the 5th floor, office suites on the lower level, an elevator that services every floor, and a garden. There are 8 wood burning fireplaces.

This neo-French Renaissance ...

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New York commercial real estate has been the subject of several articles and blog entries as of late. A short piece in The Wall Street Journal explains that Manhattan commercial real estate sales have slowed considerably compared with the past two years. This is speculated to be in part a response to anxiety about the upcoming presidential election.

Commercial sales of $5.4 billion marked the third quarter of 2012 down $700 million from the previous quarter's sales. The article suggests that real estate investment partnerships have not been as actively pursued given the current economic climate. This is poised to change quickly given the right confluence of investment factors.

A New York Times article on Manhattan real estate focused on the continuing renovation occurring around the Bryant Park area with a variety of high-rise buildings being upgraded to premier office suites. Many of these are now commanding top ...

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