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XOCO 325, #PHW, one of the week's top sales (The Corcoran Group) XOCO 325, #PHW, one of the week's top sales (The Corcoran Group)
Manhattan Sales:

  • For the week ending January 13, 2023, $337,951,677 worth of transactions across 183 condo, condop, and cooperative deals were recorded
  • 82 condo sales came to an aggregate price of $218,653,391
  • Six condop sales came to an aggregate price of $9,940,000
  • 95 co-op sales came to an aggregate price of $109,358,286

The past week's top sale by far was a townhouse unit at 17 Jane Street that closed for $22,750,000 roughly a year after it was purchased for $33,052,250 in January 2022. The seller was identified as a foreign real estate investment company represented by private equity investor Alejandro Weinstein (h/t The Wall Street Journal), and took a $10.3 million loss on the unit. The buyer conducted the transaction through an LLC, and the building has attracted the likes of Jennifer Lawrence and its developer, Edward Minskoff.
It was trailed by #PHW at XOCO 325, which sold for $17,220,000. Located in a building that presents a unique take on cast-iron Soho architecture, the penthouse features four bedrooms, four and a half baths, 4,406 interior square feet, and a 718-square-foot private terrace. The seller was identified only through an LLC, and the buyer conducted the transaction through a trust. When the apartment entered contract with an $18,500,000 ask in November 2022, Olshan Realty's market report noted that the price was raised from $17,500,000 when it started marketing off floor plans. However, it ultimately came in below both the ask and the original price.

Top Sales
17-Jane-Street-01 17 Jane Street (Compass)

325-West-Broadway-01 XOCO 325, #PHW (The Corcoran Group)
Soho condos
NYC condos
325 West Broadway
From the Listing:
Penthouse West at XOCO 325 is a full-floor 4,406-square-foot, 4-bedroom, 4.5-bathroom residence complete with a 718-square-foot west-facing landscaped, private entertaining terrace with city views overlooking the Manhattan skyline in all directions. The residence features direct elevator access and an unparalleled level of finish including hand-sculpted plaster medallions and soffit edges throughout. The free-flowing living area features a gas fireplace and wet bar with a Black Saint Laurent marble surround. Seen through oversized windows, the sculptural cast-aluminum facade provides a dramatic backdrop for the outdoor terrace showcasing views over the Freedom Tower and Empire State Building. The custom-designed kitchen opens to both the living and dining rooms and features white lacquer cabinetry, a honed Black Saint Laurent marble island, Bianco Greciale marble countertops and backsplash, a full suite of Gaggenau appliances, Sub-Zero wine cooler and stainless-steel sink with Dornbracht fixtures.
1 Available Listing for Sale for $4,495,000
1 Available Listing for Rent for $17,500/month

555-West-22nd-Street-01 The Cortland, #19CW (Core Group NYC)
West Chelsea condos
Chelsea condos
From the Listing:
Uniting elegant design and exceptional attention to detail, The Cortland is a building that will stand for generations to come. Residence 19CW 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. The amenity program is the heart of the residential experience at The Cortland.
16 Available Listings for Sale from $2,750,000
2 Available Listings for Rent from $8,400/month

217-West-57th-Street-01 Central Park Tower, #63N (Extell)
Billionaires Row condos
Midtown West condos
NYC condos
From the Listing:
This north facing two bedroom, two-and-a-half-bathroom residence is located at an elevation of over 650 feet and features direct views of Central Park from every room in the home. Floor-to-ceiling glass spanning the entire residence, allows for an abundance of natural light.

The formal entry foyer opens to a great room featuring soaring ceiling heights of 10’7". The split bedroom layout provides for privacy and comfort with en-suite bathrooms as well as a separate powder room. The gourmet kitchen features custom cabinetry by Smallbone of Devizes and premium Miele appliances.

The highly sought-after N line offers the unique opportunity to own a two-bedroom residence on Manhattan’s Billionaires’ Row with direct Central Park views.
14 Available Listings for Sale from $6,500,000
1 Available Listing for Rent for $60,000/month

510-Park-Avenue-01 510 Park Avenue (CityRealty)
Park Avenue co-ops 510 Park Avenue, #PHB (The Corcoran Group)
Upper East Side co-ops
NYC co-ops
From the Listing:
An elevator opens into the gracious entry foyer of this stunning, sprawling home boasting a sun-filled ambience, meticulous details, and perfect layout for entertaining. An expansive living room with soaring 14’ ceiling is flooded with light from oversized windows on 3 exposures. The adjacent open dining room leads to a wonderful private terrace for easy indoor-outdoor hosting. The top-of-the-line custom-designed kitchen is tailored to the chef, appointed with abundant cabinetry and a suite of premium-grade appliances.
2 Available Listings for Sale from $3,000,000

Notable Sales

Asya Geisberg

515-West-18th-Street-01 Lantern House (The Corcoran Group)
West Chelsea condos
Chelsea condos
High Line condos
Amidst the West Chelsea condo building boomlet, some have worried that the artists and gallerists that brought the neighborhood to prominence would be driven out. However, one appears to be here to stay: Public records indicate that Asya Geisberg has bought an apartment at Lantern House, a new condominium down the street from her eponymous gallery.

From the Listing:
Residence 1603 is a generously sized four-bedroom, 4.5-bath home offering south and west exposures with stunning views of the Hudson River. The gracious foyer and oversized great room lead to beautiful interiors that feature a custom kitchen designed by March & White and including custom bronze finished trim and hardware, Gaggenau appliances including wine refrigeration, a custom suspended light fixture of bronze-finished metal and specialty glass, convex fluted oak cabinetry, Calacatta Venato marble slab countertops and backsplash, 5" wide plank French oak flooring, in-residence side-by-side washer and dryer and ceiling heights of up to 109". The primary bedroom suite includes dual walk-in closets and the windowed en-suite bathroom features Nestos Beige marble slab flooring and walls, Polished Emperador Grey marble countertops, a built-in mirror and medicine cabinet with custom-designed bronze-finished metal and specialty glass wall sconces and fluted mirror panels, custom vanity, wall-mounted Toto toilet and radiant floor heating.
18 Available Listings for Sale from $2,225,000
3 Available Listings for Rent from $10,500/month

Clara Fain

6-Varick-Street-01 6 Varick Street (CityRealty)
Tribeca lofts 6 Varick Street, #4C (Compass)
Tribeca condops
NYC condops
In December 2021, Via, a digital infrastructure firm focusing on public transportation, ceased rideshare operations in New York City. Another change was in store for Chief Financial Officer Clara Fain - public records indicate that she sold her Tribeca loft.

From the Listing:
Meticulously redesigned, this spacious corner loft offers radiant light through triple eastern, southern and western exposures, refined interiors and historic architecture all from its perch at the center of TribeCca's historic district. The three-bedroom, two-and-a-half bathroom home is teeming with premium upgrades and top-end designer finishes and welcomes incredible sunlight throughout the day.

Upon entry, the foyer introduces the home's original architectural features; metal columns and wood beams offer incredible texture throughout the space and are balanced with a modern design palette accentuated by wide-plank white oak floors and thoughtfully appointed fixtures by Forbes & Lomax and Buster & Punch.

The expansive corner great room welcomes lavish entertaining with open city views to the south and west through oversized arched windows, an incredible chef's kitchen and ample space for multiple seating areas. The kitchen is meticulous in its curation and houses strictly top-end appliances including a Sub-Zero refrigerator, Wolf oven, integrated Wolf microwave, Bosch dishwasher, BEST downdraft hood and a stunning PITT open cooktop.

W. Warner Burke

146-West-57th-Street-01 Metropolitan Tower (CityRealty)
Billionaires Row condos Metropolitan Tower, #48AB (The Corcoran Group)
Midtown West condos
NYC condos
W. Warner Burke is currently teaching psychology and education at Fordham University's Gabelli School of Business, and is a founder of Columbia University's Teachers College's graduate programs in social-organizational psychology; he has also authored several books and articles on the subject. Both institutions are some distance from Billionaires' Row, where he and his wife Roberta have just sold what was possibly their pied-a-terre.

From the Listing:
This sun-filled, three-bedroom, three-and-a-half bathroom-combination condominium home sits high above the city with spectacular views of the city skyline (including the gorgeous Sherry Netherland Hotel), as well as the splendor and beauty of Central Park. Immediately upon entry to the formal expanse, the impact of this spectacular vantage point is instantly realized through floor-to-ceiling windows in every room and three exposures: east, north, and west. Breathtaking sunrises and sunsets are guaranteed! These stunning vistas, combined with the luxury of full-service living at Metropolitan Tower, make this an incomparable residence. The apartment can also function as an ideal Manhattan pied-a-terre if desired, securely located within a full-service building with a phenomenal long-term staff and extraordinary amenities, proximate to every convenience and in one of the most superb locations in the city!
7 Available Listings for Sale from $1,650,000
2 Available Listings for Rent from $10,000/month

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