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150 East 78th Street via Robert A.M. Stern Architects 150 East 78th Street via Robert A.M. Stern Architects
From October 10-16, 2021, a total of 350 condo, co-op, and condop sales closed in Manhattan, coming to an aggregate price of $682,819,039. There was an overall slowdown in contract-signings in late August through September which is showing its effect on the closed sales end. However, as we can see in recent weeks, contract signings have picked up once again, which promises strong numbers through the end of the year.

Last week's 168 condo sales came to a median price of $1.65 million, or $1,616 per square foot, moderately below recent price points showing that buyers are still taking advantage of lower prices. The 173 co-op sales came to a median price of $810K, also slightly below recent figures.

For the third week in a row, a full-floor home at Central Park Tower had the top sale. Apartment #109 closed for $47,953,222 - the top price of the past week by far, yet a 39 percent discount from its initial offering price of $78.1 million (per the building's offering plan). This comes only two weeks after another Central Park Tower apartment closed for $50 million, or nearly half its original asking price of $95 million. The second-highest sale of the week also showed a notable discount: A high-floor penthouse at the Jean Nouvel-designed 53W53 closed for $26,000,000, or 26.7 percent less than its last listing price of $35,460,000.
15-East-30th-Street-01 Madison House via Douglas Elliman
Meanwhile, from October 11-17, 2021, a total of 41 luxury contracts (priced at $4 million and up) were signed in Manhattan. Olshan Realty's market report notes that this is five fewer than last week, but that the average discount on Manhattan properties has dropped from 10 percent to five percent in the past five weeks. Last week's asking price sales volume came to a total of $328,833,990.

While only two townhouse contracts were signed over the past week, the top contract is practically large enough to be one: At the Robert A.M. Stern-designed 150 East 78th Street, two penthouse units were sold to one family at an asking price of $32,750,000, and with the sponsor agreeing to combine the units into one home measuring 7,288 square feet. Sales have been brisk, and only one apartment in the 25-unit building has not yet entered contract. A few blocks over, a penthouse at 109 East 79th Street entered contract with an asking price of $25,850,000. This apartment measures five bedrooms, five and a half baths, and 5,561 square feet.

The highest downtown contract could be found at Madison House, where #PH60B entered contract at an asking price of $22,500,000. This is Manhattan's third-highest contract of the past week and NoMad's second-highest contract this year. The four-bedroom, four and a half-bath penthouse spans 4,818 square feet over the 60th and 61st floors, and boasts spectacular views to the south, east, and west by virtue of its height 750 feet above the street.

Top Sales
14 Available Listings for Sale from $7.45M
2 Available Listings for Rent from $23,800/month

53-West-53rd-Street-01 All images of 53W53 via Douglas Elliman
From the listing:
Comprising the entire 74th floor at 53 West 53, this grand 4,928 square feet Penthouse residence features two bedrooms, two-and-a-half bathrooms, and north-, south-, east-, and west-facing exposures that span across Central Park, the Hudson River, East River, city skyline, and beyond. Gracious proportions, magnificent details, and ceilings that range up to approximately 11 feet set the awe-inspiring stage for world-renowned designer Thierry Despont’s masterfully conceived interiors. Bespoke detailing typically reserved for privately commissioned homes abounds, while a rich yet soft palette of museum-quality finishes imbues each space with both modern glamour and timeless elegance.

With direct elevator access, the exquisite home opens upon a sprawling gallery that separates living and entertainment spaces from the private primary bedroom wing. To the north, a spectacular 38’10” x 22’8” living room is surrounded by three walls of floor-to-ceiling windows that artfully frame north-, west-, and east-facing views that dazzle at every moment of day or night. The space flows into the massive eat-in kitchen designed by Thierry Despont for Molteni and offering north- and west-facing views. Anchored by an oversized center island, the kitchen features polished statuary marble countertops and a back-lit statuary backsplash that complement back-painted glass cabinetry with polished nickel detailing and Dornbracht fixtures.
14 Available Listings for Sale from $3.85M
4 Available Listings for Rent from $8,200/month

207-West-79th-Street-01 All images of 207W79 via Prime Manhattan Residential LLC
From the listing:
This stunning duplex home with 4,100 square feet of interior living space and a 1,000-square-foot backyard in the sky has been masterfully designed and is in triple-mint condition. There are 6 bedrooms, 5.5 bathrooms, a media room, two living rooms, a dining room, an eat in kitchen and an office/study. 207 W 79th Street is a full service condo with 24 hour doorman.

The level of quality and craftsmanship is obvious as you enter the home, beginning with the biometric fingerprint entry pad that unlocks the front door. Some of the many features of the home are white oak cottage weave flooring throughout, oversized triple-pain windows, 10’ ceilings, custom soundproofing throughout and a Savant smart-home system that powers the heating/cooling, lights, shades, security system as well as the audio system with speakers in every room.

1 Available Listing for Sale for $5M

520-West-28th-Street-01 All images of 520 West 28th Street via Corcoran
From the listing:
Sprawling indoor-outdoor home with 3,104 square feet interior and 1,804 contiguous square feet exterior. On a high floor, this residence overlooks the West Chelsea skyline, The High Line, the verdant new sculpture garden, and the Hudson River. The level of interior detailing is remarkable on every level, including features such as 10-foot wide motorized windows, distinctive curved window detailing, sculptural kitchen islands, high ceilings and custom wall-paneling.
4 Available Listings for Sale from $4M
1 Available Listing for Rent for $22,000/month

Top Contracts
150-East-78th-Street-01 All images of 150 East 78th Street via Compass
From the listing:
This is two separate penthouse units that have been sold to one buyer. PH15 ($16.35 million) has 4 bedrooms, 4.5 bathrooms and a 288-square foot terrace off the living room which faces west. There is a large eat-in kitchen and a formal dining room. PH16 ($16.4 million) has 3,561 square feet with 4 bedrooms, 4 bathrooms and a terrace off of the eat-in kitchen. Both floors have fireplaces in the living room.
1 Available Listing for Sale for $16.5M

109-East-79th-Street-01 All images of 109 East 79th Street via Corcoran
From the listing:
Spanning a full floor and stretching to 5,561 square feet with 334 square feet of private outdoor space with south exposures, Penthouse 19 at 109 East 79 is a magnificent residence meticulously designed by Steven Harris Architects. Offering five bedrooms, a formal dining room, and a library, five en suite bathrooms, and a powder room, this gracious home features 10' ceilings and south, east, north and west exposures. Elegant architectural details and materials throughout include expansive casement style windows in a white bronze finish, 4" wide rift and quarter sawn American white oak flooring set in a chevron pattern in all living areas, recessed panel stile and rail doors with burnished nickel Nanz hardware, and custom plaster cornices in all primary rooms, hallways, vestibules, primary bathrooms, and powder rooms.

Through a private and keyed entry vestibule finished with honed St. Clair marble flooring and wire brushed rift cut European white oak wall paneling, residents are greeted by a secure steel and tempered art glass entry door leading into a stately entry gallery. The entertaining wing includes a formal dining room, a gracious living room with a gas fireplace and south-facing balcony, and an adjacent library with a south-facing terrace offering views over 79th Street to midtown Manhattan.
7 Available Listings for Sale from $5.5M

15-East-30th-Street-01 All images of Madison House via Douglas Elliman
From the listing:
Penthouse 60B, one of only two duplexes at Madison House, encompasses 4,818 square feet, four bedrooms and four and a half baths, which opens into an elegant entry foyer, leading to great room with a fireplace and 23-foot double-height ceilings. The gracious 202-square-foot terrace encompasses views of the entire southern tip of Manhattan. Gachot-designed custom rift-cut cabinetry accentuates the kitchen, with a honed Calacatta Borghini marble waterfall island and backsplash. Gaggenau appliances including a cooktop, combi-steam oven, convection double oven, refrigerator, and wine refrigerator outfit the kitchen. A striking powder room with honed Calacatta Nuevo and Absolute black marble walls complemented by a Gachot-designed custom vanity with Dornbracht fixtures is situated thoughtfully off the entry foyer.

A staircase leads to the second level comprising of a library with fireplace, additional bedroom and the primary bedroom suite. The en suite dual baths offer honed Bianco Dolomiti marble on the walls as well as floors, which are heated, with a custom Gachot-designed vanity and mirror. Platinum matte Dornbracht fixtures accentuate the vanity, Kaldewei tubs and Durivit toilet. White oak 5-inch plank floors and 9-foot solid walnut doors are featured throughout the residence.
14 Available Listings for Sale from $1.8M

150-Charles-Street-01 All images of 150 Charles Street via Compass
From the listing:
This impressive home with walls of light through oversized windows on the north and south flows effortlessly over 2 floors, a unique mix of perfectly proportioned dramatic space bathed in brilliant natural light with cozier moments that make for a truly inviting home, akin to townhouse living but with width, light, services, amenities, and only two floors.

Thoughtfully and elegantly reimagined, this light-infused space greets you with a double-height entry gallery and a bold stairway. Gracious and grandly proportioned living spaces lead out to the terrace, as does the adjoining eat-in kitchen with its abutting media room. The space works equally well for a 150+ person event as it does for an intimate gathering. The kitchen is equipped with Wolf and Sub-Zero appliances and Walnut cabinetry by Molteni. An elegant powder room and arrival closet deliver both a visually chic home as well as a practical, functioning one.

Upstairs the primary bedroom suite boasts a private terrace, en suite bathroom with a wall of natural light, and an abundance of closet space. Two additional bedrooms with outstanding closets and en suite bathrooms complete the picture. Honed oak floors, central air-conditioning and heating, and high-tech AV systems feature throughout. Filtered fresh air is an additional feature. This is truly a turnkey, editorial-quality showplace that is as versatile as it is gracious. It is highly detailed in an effortless style.
2 Available Listings for Sale from $7.45M

1010-Park-Avenue-01 All images of 1010 Park Avenue via Brown Harris Stevens
From the listing:
Tremendous opportunity to secure the last full-floor residence at 1010 Park Avenue with glorious open exposures throughout. A sundrenched high-floor oasis in the heart of the prime Upper East Side, the offering of the Tenth Floor is the last of its kind with exceptional open vistas over Park Avenue to the East and open city views to the North and West, in a brand new boutique luxury condominium of unparalleled quality and service with a lavish amenity suite.

Grand and elegant at 3,881 square feet, the Tenth Floor at 1010 Park Avenue offers a palatial living room, stately corner formal dining room and windowed oversized chef’s eat-in-kitchen as well as four bedrooms and four-and-a-half bathrooms, all bathed in natural sunlight from three directions: North, East and West. Echoing the scale of prewar architecture enriched by contemporary yet timeless interior finishes, this union of architects Beyer Blinder Belle and David Collins Studio simultaneously captures both classic and modern design sensibilities, crafting a majestic sanctuary of luxury living at an iconic address.
1 Available Listing for Sale for $35M

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