Central Park Tower’s 3-Floor Penthouse  $250,000,000 - Page 1
Forum section: electronics / general

author: Homer J Simpson
author_rank: Super Contributor
timestamp: May 08, 2023, 08:44:55 pm
content: A tour of what is currently the most expensive property for sale in the world.

author: BrianHG
author_rank: Super Contributor
timestamp: May 09, 2023, 08:55:36 pm
content: With a change here and there, I could live in that apartment.

author: wn1fju
author_rank: Frequent Contributor
timestamp: May 09, 2023, 09:57:16 pm
content: Not to mention the yearly cost of $323K for the Homeowner's Association dues, the $2.65M for property taxes and the $1M for homeowner's insurance. Oh, then there's that pesky mortgage too if you aren't paying $250M in cash. (Figures courtesy of Zillow.com)

author: Halcyon
author_rank: Unknown
timestamp: May 09, 2023, 11:40:40 pm
content: I wonder how many people would have telescopes/cameras pointed at those top floor apartments? I bet you more than a few.

author: sokoloff
author_rank: Super Contributor
timestamp: May 10, 2023, 12:04:24 am
content: That is baller.Of course, $250M invested even reasonably throws off around $1M/mo that you could spend and still have the $250M grow on average over the long-run. Would I rather live in that place or spend $1M/month? Easy: spend $1M/mo.

author: EEVblog
author_rank: Unknown
timestamp: May 10, 2023, 12:37:17 am
content: Quote from: Halcyon on May 09, 2023, 11:40:40 pmNo doubt.

author: EEVblog
author_rank: Unknown
timestamp: May 10, 2023, 12:39:30 am
content: Quote from: Homer J Simpson on May 08, 2023, 08:44:55 pmWhich people who could afford it mostly don't actually live in it. The uber-rich property market is essentially an inter-generational wealth transfer mechanism.

author: coppice
author_rank: Super Contributor
timestamp: May 10, 2023, 12:44:59 am
content: Quote from: Homer J Simpson on May 08, 2023, 08:44:55 pmSeems unlikely. Perhaps the most expensive apartment for sale.

author: BrianHG
author_rank: Super Contributor
timestamp: May 10, 2023, 01:16:40 am
content: Quote from: EEVblog on May 10, 2023, 12:37:17 amLooking at the height of the apartment / angle line of sight, unless those inside are next to the window, you will only get a view of the ceiling. You would have to be really high up, or really, really, really far away before you could see deep into the apartment.

author: EEVblog
author_rank: Unknown
timestamp: May 10, 2023, 01:28:20 am
content: Quote from: BrianHG on May 10, 2023, 01:16:40 amPeople do things on glass panels like thatNot just this:

author: Infraviolet
author_rank: Super Contributor
timestamp: May 10, 2023, 05:20:59 am
content: Ridiculous, you could get a literal proper mansion with much more space, in some region of countryside which was beautiful for a tiny fraction of this. I think large country estates with included mansions in the UK are much less than a tenth of this.

author: .RC.
author_rank: Frequent Contributor
timestamp: May 10, 2023, 05:47:26 am
content: What use is a place like that if you still have to wait days to get stuff from mouser?

author: daqq
author_rank: Super Contributor
timestamp: May 10, 2023, 08:13:45 am
content: More expensive than several islands:https://www.privateislandsonline.com/search?availability=sale

author: Brumby
author_rank: Unknown
timestamp: May 10, 2023, 08:15:18 am
content: I'd be annoyed by the time it would take to duck off to grab something from the garage - not to mention the walk if there was a power outage ..... or a fire

author: iMo
author_rank: Super Contributor
timestamp: May 10, 2023, 08:25:54 am
content: A good place for the new eevblog's lab, indeed

author: .RC.
author_rank: Frequent Contributor
timestamp: May 10, 2023, 08:55:56 am
content: Has Dave outgrown the Altium building already. I suppose he will need more room for the next idea. Solar airways. The plane pulls solar panels behind it. That is what the new secret pic24f powered project is?

author: hans
author_rank: Super Contributor
timestamp: May 10, 2023, 02:38:09 pm
content: Quote from: EEVblog on May 10, 2023, 12:39:30 amAlso, the uber-rich don't look at a house property as "I want to live in NYC because my family/job is here" -- but rather, "I need a place in NYC because logistically its nice for whatever business I need to attend in the region and/or overseas on travel". Plus it being a neat tax/investment vehicle.But if its for living, honestly for this money I wonder where the private helicopter pad is. There are plenty of big airports around Manhattan, but none of them are in Manhattan. Is an uber-rich person really going to deal with "bruh was late to meeting because rush hour traffic (or any traffic in Manhattan)"? If their time is worth ten of thousands $/hr, then no: if they can afford a private jet with its own chef onboard, then they can also afford to have them flown onto their house.Rurally this is a lot easier and makes way more sense IMO. There are plenty of airfield residential communities for the rich (that also happen to be aviation geeks), and private airstrip houses for the uber-rich. And I don't mean an airstrip for a Cessna Caravan, but more a house like John Travolta. If it's somewhere rural it also blends in a lot better with nature and becomes a lot more cozy.Oh and for John Travolta I guess itneedsto be rural, because I'm not sure anyone would want to have such a plane take off on a daily basis unless they are avgeek as well. Those turbojet (not turbofan) engines are so incredibly loud it exceed all modern noise ordinances.But hey, as an average Joe these kinds of homes are far out of reach. Beggars can't be choosers (-:

author: BravoV
author_rank: Super Contributor
timestamp: May 10, 2023, 02:44:43 pm
content: Its all about money laundering , thats all, nothing else.

author: tom66
author_rank: Super Contributor
timestamp: May 10, 2023, 03:42:35 pm
content: Quote from: BravoV on May 10, 2023, 02:44:43 pmHow? You'd still need to prove the source of the funds.If anything it's more about a safe haven for investment - Chinese investors in particular were limited in the cash they could take out of the country, but they could buy an unlimited amount of property in their own name. This became a common way to extract wealth into 'friendlier' nations.

author: coppice
author_rank: Super Contributor
timestamp: May 10, 2023, 03:54:25 pm
content: Quote from: Infraviolet on May 10, 2023, 05:20:59 amThe UK countryside is a heck of a commute to Wall St.Property prices in city centres are notoriously high. However, if you look in more detail you'll find homes near well connected commuter transport (e.g. metro stations) are considerably more expensive than those with a longer commute time. Convenience has huge monetary value.

author: james_s
author_rank: Super Contributor
timestamp: May 10, 2023, 05:48:04 pm
content: It would be a fun place to visit but I'd never want to live there, there's no space outside. For that kind of money I'd expect a few hundred acres of land, I need somewhere to put a proper workshop, and a place to store toys like cars, ATVs and boats and such, and space to fly model airplanes. I can't even imagine why someone would want to live in the middle of a concrete jungle like that, I loath urban environments but I'm glad some people like them as it keeps them out of the places I'd be willing to live.

author: james_s
author_rank: Super Contributor
timestamp: May 10, 2023, 05:52:40 pm
content: Quote from: coppice on May 10, 2023, 03:54:25 pmNothing more convenient than not having to commute at all. I suspect a large majority of the jobs that are done in typical office towers can be done remotely, in my mind the downtown urban business model should be obsolete and remote work for any job where it is possible to do should be incentivized and strongly encouraged. It's totally silly for tens of thousands of people to move back and forth twice a day from homes spread around to big towers downtown just so they can sit at a computer on a different desk.

author: coppice
author_rank: Super Contributor
timestamp: May 10, 2023, 05:58:18 pm
content: Quote from: james_s on May 10, 2023, 05:52:40 pmThe UK has a long history of trying to coax businesses out of London, to set up large office operations in smaller cities. There are a few success stories of things like insurance companies moving large operations to the smaller cities and staying there a long time. However, there aren't many of them. People aggregate. Its human nature.

author: james_s
author_rank: Super Contributor
timestamp: May 10, 2023, 06:49:30 pm
content: Quote from: coppice on May 10, 2023, 05:58:18 pmI meant remote as in home office. I work remotely from home, I go into the office about once a month, doing so every day is a complete waste of time an resources. My job is almost entirely done sitting at a computer and my teammates are spread across multiple locations anyway. Many jobs can't be done remotely but any that can should be.

author: sokoloff
author_rank: Super Contributor
timestamp: May 10, 2023, 07:20:16 pm
content: Quote from: hans on May 10, 2023, 02:38:09 pmRooftop helipads are banned in NYC since 1977.

author: coppice
author_rank: Super Contributor
timestamp: May 10, 2023, 07:28:18 pm
content: Quote from: james_s on May 10, 2023, 06:49:30 pmSo, in this new world order how will low value fresh graduates develop into high value experienced people without close interaction with the previous generation? I don't think near complete home office work is sustainable for most occupations, however much it may suit a number of experienced professional people.

author: themadhippy
author_rank: Super Contributor
timestamp: May 10, 2023, 07:40:45 pm
content: Quotevery easy to clean funds,yea you might loose a few quid in laundry fees but its better than ending up with nothing but a poco.

author: AndyBeez
author_rank: Frequent Contributor
timestamp: May 10, 2023, 08:43:59 pm
content: More like Central Perk. The advantage of living in that building looking down on Central Park means that you will be the only New Yorker who doesn't get to see what a stain on the skyline of Central Park that building is.On the subject of staining the skyline, a development in the principality of Monaco called the Sky Tower, sits completely out of place, in my opinion. Belonging in Dubai or Shanghai, thisparked juggernauthas a penthouse at a bargain price $380M+ Since the oligarchs lost their nerve to invest in western property, the sky penthouse is still on the market. As one of the highest buildings in Europe, the eventual owner will be safe in the knowledge that no-one in Monaco can look down on them. Ignoring that is, the French peasants on the surrounding hills that overlook Monaco.I note Sydney Australia is trying to emulate the Manhattan skyline. Australia must have a lot of millionaires wanting to buy penthouses - or set up the highest EE lab?

author: james_s
author_rank: Super Contributor
timestamp: May 10, 2023, 09:23:28 pm
content: Quote from: coppice on May 10, 2023, 07:28:18 pmThat's easy, we have hired quite a few fresh grads and watched them grow into talented engineers. We use many tools to facilitate interactions, we have Zoom, Teams, and Slack in particular, and occasionally we do team outings where we get together for happy hour or lunch or whatever for the people that happen to be in the same geographical location. I hear this argument a lot and I don't really get it, it's one of those cases where people are skeptical that something will ever work when it is already my reality and has been for some time. It may not be for everyone but it works fine for us, quite a few of my teammates are on the opposite side of the country, some are fully remote and don't work anywhere near any of our offices, I've never met them face to face but that doesn't prevent forming relationships. Also I didn't say home office work was suitable for most occupations, I said it was suitable for most office jobs. Obviously if you are doing actual physical work you can't do it remotely, but for work that involves sitting at a computer the location is irrelevant.

author: tom66
author_rank: Super Contributor
timestamp: May 10, 2023, 10:04:01 pm
content: Quote from: james_s on May 10, 2023, 05:52:40 pmI think the reality of a five day a week office job died with COVID. Some employers insist on that but it's dead and they're really going to struggle to retain staff if they continue with that attitude.That said, I think fully remote doesn't work for all types of office jobs, especially ones where collaboration is important. For engineering, I think the ideal is around 1-2 days a week in the office. I work in a job whose position on remote work is basically defined as "come in when you're needed, we trust you". So I live an hour drive from the office, because I only do it now and then, and managed to buy a much bigger house for my money.

author: Circlotron
author_rank: Super Contributor
timestamp: May 10, 2023, 10:26:23 pm
content: I wonder what Jed Clampett would have made of living in a place like that.

author: coppice
author_rank: Super Contributor
timestamp: May 10, 2023, 11:17:28 pm
content: Quote from: james_s on May 10, 2023, 09:23:28 pmThis can work if you have the luxury of hiring only very capable people, but that doesn't scale. You are going to run into the same problem every attempt at MOOC (massive open online courses) type study has hit. Very capable people can learn almost anything from books and some practice. Most people need considerable human interaction to get them over numerous hurdles.

author: jonovid
author_rank: Super Contributor
timestamp: May 11, 2023, 12:26:55 am
content: its just rooms with a view. radio reception would be interesting at this height. so if money was no object-with the right technology any anyone anywhere in the world can have this view with 8K Ultra HD TVs as windows.with all the benefits of ground level living, as in trees in a private garden, walk in car park.without building sway, howling wind on the balcony or idiots with aircraft parking in your living room.

author: EEVblog
author_rank: Unknown
timestamp: May 11, 2023, 02:09:50 am
content: Quote from: james_s on May 10, 2023, 05:48:04 pmYep.Even if I had just $10M to spash on a fancy place, I can buy a really nice private island up in the witsunday's or something for $5M. And remainder $5M gets me a really nice place not far from me now.https://www.domain.com.au/577-old-northern-road-glenhaven-nsw-2156-2018456869

author: EEVblog
author_rank: Unknown
timestamp: May 11, 2023, 02:11:38 am
content: Quote from: AndyBeez on May 10, 2023, 08:43:59 pmThe Sydney eyesore equivalent is what's called "The Toaster". Should never have been allowed.https://www.visitsydneyaustralia.com.au/circular-quay-toaster.htmlSydney is highly sort after by international Richie Rich's. One of the most livable cities in the world. Pipped by Melbourne in recent years. But Sydney is still the prestige city in Australia.