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2023 opens with $363.9M in Manhattan sales and strong numbers at The Cortland

The Cortland, home to $27.25M in sales over the past week (Core Group NYC) The Cortland, home to $27.25M in sales over the past week (Core Group NYC)
The first full week of 2023 was abbreviated due to New Year's Day being observed as a federal holiday on Monday, January 2. Nevertheless, a total of 185 condo, co-op, and condop sales were recorded throughout Manhattan from January 3-6, 2023, coming to $363,949,678.

  • 78 condo sales came to an aggregate price of $216,501,656
  • Three condop sales came to an aggregate price of $4,576,976
  • 104 co-op sales came to an aggregate price of $142,556,571
The top sale of the week was #15B at 117 East 72nd Street, which closed for $21,000,000. Public records list the sellers as investor Stanley Druckenmiller and his wife, Fiona Druckenmiller. Mrs. Druckenmiller is the owner of FD Gallery, a boutique specializing in prestigious 20th-century jewels and located a short distance from the prewar cooperative.

In this article:

117 East 72nd Street
117 East 72nd Street Park/Fifth Ave. to 79th St.
The Eldorado, 300 Central Park West
The Eldorado, 300 Central Park West Central Park West
The Cortland, 555 West 22nd Street
The Cortland, 555 West 22nd Street Chelsea
250 West Street
250 West Street Tribeca
The top condo sale, top downtown sale and second-highest sale overall took place at The Cortland, a Robert A.M. Stern and Olson Kundig-designed condominium with a red brick facade that stands in sharp contrast to the gleaming new towers on either side. However, buyers do not seem to object: A total of $27,247,186 across four sales was recorded last week. Leading the charge was Residence #19AW, a sprawling four-bedroom unit with Juliet balconies off the Great Room and a secondary bedroom that closed for $12,570,000, just above ask. It was trailed by Residence #20CW, a three-bedroom home that closed for $10,672,196, also above ask and high enough to rank among the top five sales.

117-East-72nd-Street-01 117 East 72nd Street entrance (Sotheby's International Realty)

555-West-22nd-Street-01 The Cortland, #19AW (Core Group NYC)
West Chelsea condos
Chelsea condos
NYC condos
From the Listing:
Residence 19AW is 3,004 square feet with four bedrooms and four and a half bathrooms. The expansive, open-plan living and dining areas feature unobstructed views of the Hudson River, a 29-foot corner great room, a windowed eat-in kitchen with a custom Olson Kundig-designed Jackbox, warm wood flooring, and floor-to-ceiling windows.
16 Available Listings for Sale from $2,750,000
4 Available Listings for Rent from $8,400/month

250-West-Street-01 250 West Street, #10A (Brown Harris Stevens)
Tribeca lofts
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Tribeca condos
NYC condos
From the Listing:
This stunning residence is perched high above the Hudson River and features a sun-drenched living/dining room with high ceilings, gorgeous wide-plank flooring, and spectacular sunset views from a wall of enormous picture windows. The living room is over 750 square feet and boasts 7 over-sized arched windows. The state-of-the-art chef’s kitchen has a huge window with center-island is open to the entertaining space and features custom cabinetry and top-of-the-line Bosch and Sub-Zero appliances. At one end of this magnificent home, you’ll find the sumptuous primary bedroom suite, a light-filled sanctuary facing the Hudson River offering a massive walk-in closet and a gorgeous 5-fixture en-suite bathroom.
1 Available Listing for Sale for $12,000,000

555-West-22nd-Street-02 The Cortland, #20CW (Core Group NYC)
West Chelsea condos
NYC condos
From the Listing:
Hand-crafted and American-made, The Cortland represents a unique collaboration between two architectural icons, Robert A.M. Stern Architects and Olson Kundig. Uniting elegant design and exceptional attention to detail, The Cortland is a building that will stand for generations to come. Residence 20CW is 2,430 square feet with three bedrooms and three and a half bathrooms. The expansive, open-plan living and dining areas feature unobstructed views of the Hudson River, a 28-foot corner great room, a kitchen with a custom Olson Kundig-designed Jackbox and a walk-in pantry, warm wood flooring, and floor-to-ceiling windows.
16 Available Listings for Sale from $2,750,000
4 Available Listings for Rent from $8,400/month

300-Central-Park-West-01 The Eldorado (Brown Harris Stevens)
Central Park West co-ops
Upper West Side co-ops
NYC co-ops
From the Listing:
Rarely available, this spectacular corner prewar 9-room home in the El Dorado enjoys stunning direct Central Park and reservoir views, and is in triple-mint condition. With over 50 feet fronting the Park, this sprawling home offers more square footage than any other single layout in the building and has been meticulously renovated to the highest standards throughout. Bathed in incredible natural light, the pristine residence has 19 windows spanning 4 exposures, and features magnificent prewar architectural detailing including high beamed ceilings and traditional moldings. Impeccable new hardwood flooring may be found throughout the home.
4 Available Listings for Sale from $2,975,000

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