Sale... Condominiums At The Time Warner Center - New York, USA

Orientation is everything when it comes to this building. Its two towers are massed at the rear of the complex, with a lower structures known as the podium in front that engages the street-level observer and directs his gaze upward. The combination gives the illusion of a mountain. At the same time, the towers mass is felt by the observer because of their angles, embracing the viewer allowing them to become overwhelmed by the building's presence. The construction of such a huge complex was necessitated by what was the largest media merger of its time. By the late 1990's, America Online had shed its Quantum Link heritage and become the leading internet provider in the United States. It leveraged its power to buy the Time Warner media company, known for its magazines, cable television stations, and movies.
The AOL Time Warner Center was intended to spark the rebirth of the area, the way the Renaissance Center helped downtown Detroit. To make that happen, the area needed a critical mass of businesses. So the complex includes a luxury hotel, luxury condominiums, shops, restaurants, and a concert hall. Following the lead of broadcast television networks NBC, and CBS, AOL Time Warner's cable network CNN built a studio at street level so people can see in and viewers at home can see out. In a sense, this building represents the AOL Time Warner company coming full-circle.
The condominium apartments in the south tower have the address of One Central Park, and those in the north tower -the Residences at the Mandarin Oriental. The Time Warner Center has 55 floors, but is being marketed as 77-floor building.
The condominiums start at $1.5 million and go up to $36 million for each of the two penthouses. One 12,500-square-foot penthouse on floors 76 and 77 has reportedly been sold to a London financier for $45 million.
One Central Park
Condominium apartments in the south tower
The Residences at the Mandarin Oriental
The average price per square foot of a Mandarin condo is $2,800, about quadruple the Manhattan average. There are 66 residences in all, which start at $3.6 million, and 60 percent have been sold. On the low end, an 1,100-square-foot apartment went for a stunning $4.6 million.
The complex is designed to allow cellular telephones to work anywhere, including inside the elevators.
There is a special communication system inside the complex that allows police are firefighters to communicate in an emergency.
The foundation of the complex is 434 feet deep.
The north end of the podium is 315 feet tall (20 stories).
The south end of the podium is 349 feet tall (24 stories).
The complex incorporates One Central Park, a group of 198 luxury condominiums.
At the time of the building's completion, the four penthouses sold for between US$25 and US$35,000,000.00.
11 July, 2003 - It is announced that a British man is paying record US$45,000,000.00 for one of the ten penthouses at the still-not-quite-finished AOLTimeWarner Center in Manhattan. The 12,600-square-foot penthouse is two-stories tall and will have 25-foot-tall glass walls wrapping all the way around, giving spectacular views. The terrace also goes all the way around and has views rivaled only by the observation deck at the Empire State Building.