18.11.2025 09:51
Housing prices in Istanbul are now competing with those of global metropolises. In fact, the asking price for the New York Central Park-view home of American actor couple Paul Newman and Joanne Woodward has reached a level almost equivalent to what is demanded for an ordinary apartment in Nişantaşı today. This situation highlights that buying a home in Istanbul has become as challenging as it is in New York.
The Hollywood legend Paul Newman and his actress wife Joanne Woodward's former apartment in New York has officially gone up for sale. The asking price for the couple's two-bedroom guest suite, located one floor below their penthouse, is $1.69 million.
The home boasts a stunning view of Central Park and includes a 24-hour doorman, a fitness center, and a bike room.
YOU CAN BUY A HOUSE IN NEW YORK FOR THE SAME MONEY
However, the asking price for the two-bedroom apartment is quite reasonable compared to house prices in Istanbul.
According to listings on real estate websites, for example, in Nişantaşı, you need to have at least $1 million to own a home.
Similarly, those looking to buy a house in Kadıköy Moda also need to set aside at least $1 million.
In the Bebek neighborhood of Beşiktaş, luxury homes are priced between $1 million and $2 million.
Likewise, to buy a house in Bakırköy, you need to have between $1 million and $6 million.
Those wishing to live in a more upscale area of Beykoz are looking at a minimum of $5 million.
NEWMAN COULDN'T HAVE AFFORDED IT EITHER
These figures indicate that if he were alive, Paul Newman would not have been able to buy a similarly standard home in Istanbul with the money from the house he sold in New York.