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Exterior of Ageloff Towers and Alexa Chung By Mmm09kn - Own work, CC BY-SA 4.0, Exterior of Ageloff Towers and Alexa Chung By Mmm09kn - Own work, CC BY-SA 4.0,
Manhattan Sales:

  • The second week of May posted $672.9 million worth of transactions across 323 condo, condop, and cooperative deals
  • 179 condo sales came to a median price of $1.7 million ($1,389 per square foot)
  • Eight condop sales came to a median price of $1.53M
  • 136 co-op sales came to a median price of $813K

Upper East Side condos (l-r) 150 East 78th Street, 27 East 79th Street, and 988 Fifth Avenue, home to three of the past week's top sales
While the past week was an average one for New York closings, it was a good one for the Upper East Side condos — they accounted for three of the top five sales. The top sale was a penthouse at the Robert A.M. Stern-designed 150 East 78th Street, which closed for $19,600,000, showing only a small dip from the $20 million asking price when it entered contract in May 2021. The classically inspired boutique building has put up strong numbers and, as of this writing, 15 of the 16 units have either sold or entered contract. The one remaining availability is a duplex penthouse with a private terrace asking $16,950,000.
Around the block, a five-bedroom penthouse at 27 East 79th Street sold for $17,763,800. While this represents a 22% discount from the last asking price of $22,800,000, it was nevertheless good enough to rank as the second-highest sale of the past week.

Manhattan Contracts:

  • From May 9-15, 2022, a total of 333 townhouses, condos, co-ops, and condops entered contract, up from 326 last week
  • The average time on the market was 75 days
  • The total sticker price sum came to $896.7 million, and the median last asking price came to $1.36 million
  • There were a total of 162 condo deals came to a total of $631 million. They came to a median asking price of $1.99 million and spent an average of 86 days on the market
  • The 11 condop deals came to a total of $14.8 million and a median last asking price of $895K. They spent an average of 38 days on the market
  • The 151 co-op deals aggregated to $190 million and came to a median last asking price of $895K. They spent an average of 69 days on the market
  • Nine townhouse deals came to a total of $61 million and a median last asking price of $4.99 million. They spent an average of 45 days on the market

100-Eleventh-Avenue-01 100 Eleventh Avenue by Jean Nouvel
The top contract of the past week was a penthouse at the Jean Nouvel-designed 100 Eleventh Avenue, which had an asking price of $22,500,000. While this represents a 10% discount from when it was listed in October 2021, the unidentified seller nevertheless stands to make a profit if it sells for the asking price: Olshan Realty's market report notes that it sold for $19,397,663 in March 2010.
The top townhouse contract and second-highest contract overall was for 114 East 65th Street, which entered contract with an asking price of $17,500,000. The landmarked Beaux-Arts house dates back to 1899-1900, but has been graciously restored and renovated. Seller Diandra Douglas (formerly married to actor Michael Douglas) purchased the house for $15,520,000 in May 2007 and listed it for $19,995,000 in February 2019; it had been on and off the market since then.

Notable Sales & Contracts
555-West-59th-Street-01 Element, #24D (Sotheby's International Realty)
Breads Bakery has three locations, but is known throughout New York for its heart-shaped baked goods at Valentine's Day, specialty hamantaschens at Purim, and delicious babkas all year round. Owner Gadi Peleg recently purchased a spacious new condo to the west of the bakery's Lincoln Center outpost, one that features a massive chef's kitchen.

From the Listing:
Enter upon breathtaking skyline views from this ultra-luxurious and spacious 5 bedroom- currently being used as a 3 bedroom- featuring a spectacular corner windowed home office with eastern exposures. Be dazzled with over 1,000 square feet of outdoor space. Enjoy entertaining under the full moon and the city lights. Windowed top of the line chefs eat-in-kitchen overlooks your overly generous 54-foot-long terrace. Spacious corner, 26-foot living room encased in floor to ceiling windows and access to the terrace adjoining the dining room with sparkling city and candlelit views. Den/TV room/ library with private full bath and private terrace. Doesn’t get much better than this. Enjoy the primary bedroom oasis with private balcony access, open city views, and an additional walk-in closet the size of a bedroom. Spa like windowed bathroom with double sinks, rain shower, and soaking tub.
3 Available Listings for Sale from $1.35M
2 Available Listings for Rent from $4,500/month

24-Fifth-Avenue-01 24 Fifth Avenue (Compass)
Nearly three years after their purchase of a townhouse in Greenwich Village, former New York Times architecture critic Nicolai Ouroussof and his wife, artist Cecily Brown, have sold their Fifth Avenue apartment. The three-bedroom apartment was a combination of a two-bedroom and a studio, and listing photos showed an apartment filled with Ms. Brown's work.

From the Listing:
Designed by Emery Roth, this former residential hotel, and now full service doorman building has pre-war detail that dazzles the eye upon entering the newly restored lobby. High speed elevators (also new) take you quickly to the 15th floor, and at the end of the hall you are greeted by a spacious foyer, giving on to a double-wide living room facing east onto Fifth Avenue.

Jonathan Caplan, the renowned architect, has created a sense of contemporary elegance, with refined detail. He is well known for his sensitivity to surfaces, and this apartment is no exception in his employment of wood, etc. The current owner purchased an adjoining studio apartment which Mr. Caplan combined with the 2 bedroom unit, creating one of the very few successful and seamless combinations available.
1 Available Listing for Sale for $450K
1 Available Listing for Rent for $3,350/month

75-Central-Park-West-01 The Chatham Court (CityRealty)
75-Central-Park-West-04 No word on whether the art was included in the sale.
In 1973, acclaimed artist Bill Scharf and his wife Sally bought an apartment in Central Park West cooperative The Chatham Court for $42,500. Nearly five decades later, the apartment entered contract for over $1 million after only two weeks on the market. Aaron Scharf, Mr. Scharf's son and one of the executors of his mother's estate, told the New York Post, "It was a magical place to grow up, surrounded by my father’s paintings, with Central Park feeling like the largest front yard in the world."

From the Listing:
This stunning two bedroom two bathroom on Central Park is the home you have been looking for! Imagine living in one of the best buildings on Central Park West, enjoying side views of the park, wonderful southern light all day, and cozy evenings by your gas fireplace. Offered for the first time in fifty years, this classic, elegant pre-war features high beamed ceilings, hardwood floors, abundant closet space, and awaits your personal touches.

The grand living room is ideal for entertaining, the gracious layout boasts a spacious entrance gallery which can easily be used for dining, and an 18-foot long kitchen. The spacious corner primary suite features southern and western exposures, and the large second bedroom also features an en suite bath. Washer and dryer and central air are permitted subject to board approval.
1 Available Listing for Sale for $5.995M

141-East-3rd-Street-01 Ageloff Towers, #2B (Compass)
The East Village is filled with stylish creative types, making it a natural fit for model/TV presenter/fashion designer Alexa Chung. However, she recently announced the closure of her eponymous fashion line and sold her New York apartment. The New York Observer reveals that she bought the apartment for $600,000 in 2011.

From the Listing:
Welcome to Apartment 2B, a wonderfully spacious, pre-war gem. Here, you can harken back to the era of expansive rooms, beamed ceilings, elegant wood floors with inlayed borders, walls of windows, and plentiful closets. A beautifully renovated, open kitchen flows seamlessly into the oversized living and dining area. It is replete with gorgeous cabinetry, marble countertops, apron sink, brass fixtures and hardware, and houses high end appliances that include a Sub-Zero refrigerator, Bosch dishwasher, and Smeg oven and hood. A wall of south-facing windows envelopes both the kitchen and the living space, which has more than enough room for both entertaining and dining. The windowed bathroom, while maintaining original details such as its oversized porcelain tub, has been outfitted with new vanity, sink and countertop. The bedroom is fit for a king, with the bonus of bright western exposure and double closet storage.

Top Sales
150-East-78th-Street-01 150 East 78th Street
150-East-78th-Street-02 150 East 78th Street, #DPH11 (Hayes Davidson)
From the Listing:
This duplex residence features five-bedrooms and five-and-a-half baths totaling 4,593 square feet and 594 square feet of exterior entertaining space as well as the building’s signature Juliet balconies and arched windows. All of the gracious public spaces are on the first floor including an eat-in kitchen, formal dining room, entry gallery, private stair and great room flanked by two terraces.

Upon exiting the private elevator vestibule in Duplex PH11A, a grand double height gallery and staircase welcomes you home. The great room, with a fireplace and a piano alcove, is flanked by two terraces that are 234 SF and 380 SF, respectively. A dining room with access to both the eat in kitchen and great room allows for a formal or casual entertaining experience. A powder room is discreetly tucked away just off the gallery. Chevron and straight plank wood flooring run the length of the apartment as well as tall ceilings and detailed crown molding provide the perfect canvas for applying your own style.
1 Available Listing for Sale for $16.95M
3 Available Listings for Rent from $9,500/month

27-East-79th-Street-01 27 East 79th Street, #PH (Corcoran)
From the Listing:
Meticulously appointed by Parisian design firm Cabinet Alberto Pinto, the Penthouse at 27 East 79th Street offers 5 bedrooms, 5.5 baths, and open southern views over the landmarked mansions of the historic Cook Block and view of Central Park, as well as its own 690-square-foot terrace. Direct elevator entry into each residence ensures utmost privacy and convenience. Custom baseboard mouldings, ceiling cornices, and white oak parquet de Versailles flooring are used throughout the residence’s luxe interior. Baths and the powder room feature a blend of Estremoz, Calacatta Vagli, and Emperador Fonce marble slab and tiling, with polished nickel Kallista Vir Stil fixtures, custom cabinetry and vanities outfitted with parchment and lacquer or Movingui wood. The European kitchen boasts custom-cerused brushed oak cabinetry designed by Pinto, French ranges by La Cornue, Cremo Delicato marble countertops and backsplashes, and appliances by Miele and Sub-Zero.
1 Available Listing for Rent for $30,000/month

988-Fifth-Avenue-01 988 Fifth Avenue (CityRealty)
988-Fifth-Avenue-02 988 Fifth Avenue, #12 (Brown Harris Stevens)
From the Listing:
This stunning and impressive full floor 3,400-square-foot prewar condominium residence boasts commanding open views over Central Park and the Manhattan skyline. The home occupies the entire twelfth floor which was specifically designed by the developer for grand entertaining. The massive entertainment rooms have soaring 12+ foot ceilings throughout and the grand 26’ x 28’ square living room, with wood burning fireplace, takes full advantage of its perch. With multiple oversize west and north-facing windows, it is one of the most extraordinary living rooms ever built on Fifth Avenue. Its corner position commands spectacular views of Central Park, the entire West Side, and Midtown skyline.
1 Available Listing for Sale for $22,000,000

67-Franklin-Street-01 Cast Iron House (Serhant)
1 Available Listing for Sale for $12,750,000

200-Amsterdam-Avenue-01 200 Amsterdam Avenue, #31A (Brown Harris Stevens)
From the Listing:
Accessed via a semi-private landing this one-of-a-kind, 3,941-square-foot, five-bedroom, five and a half-bath condominium offers an elegant, modern plan and spectacular views from every room within. A gracious foyer and gallery lead to the stunning corner living and dining area with 10’ ceilings, French White Oak floors in a chevron pattern and soaring, floor to ceiling windows which frame spellbinding views of Central Park and the Midtown skyline. Innovative sliding glass panels allow for the option to have either an open or closed eat-in kitchen which is an extension of the home’s dramatic living areas. The Calacatta marble center island provides seating for three in addition to abundant work space and storage. State of the art appliances include an integrated oak paneled Sub-Zero refrigerator, freezer and wine chiller, a 48” Wolf Dual Fuel Range and a Miele speed oven, warming drawer and two dishwashers. A separate wet bar contains a sink and Sub-Zero refrigerator drawers.
16 Available Listings for Sale from $4.3M

Top Contracts
100-Eleventh-Avenue-01 100 Eleventh Avenue (CityRealty)
100-Eleventh-Avenue-02 100 Eleventh Avenue, #PHA (Douglas Elliman)
From the Listing:
Perched at the top of the Pritzker Prize Winner Jean Nouvel’s West Chelsea masterpiece, this exceptional penthouse has been fully and masterfully reimagined by Workshop APD. Featuring 14-foot floor to ceiling windows, the views offer a 360-degree panorama of the Hudson River, Downtown and Midtown skylines. The sprawling 4,675 square foot full-floor residence boasts 3 bedrooms, 3.5 baths, a library - or fourth bedroom, amazing spaces for entertaining and over 3,700 square feet of outdoor space.

The elevator opens directly into the gallery, beyond which you will find the expansive living and entertaining rooms perfectly divided into open yet separate spaces. The jaw-dropping city and river views are complemented by brilliantly designed wall space to showcase even the most impressive art collections. A luxurious eat-in, stainless steel chef’s kitchen features top of the line appliances and a glass breakfast bar cleverly constructed to not disrupt the peaceful water views.
6 Available Listings for Sale from $935K
1 Available Listing for Rent for $14,995/month

114-East-65th-Street-01 114 East 65th Street, #TH (Douglas Elliman)
From the Listing:
Exquisitely renovated inside and out, this 20’-wide triple-mint single-family townhouse delivers the extreme rarity of triple exposures with its entire Western side untouched by a neighboring building offering light and openness that is incomparable to other houses. Built for Gilbert C. Brown between 1899-1900 in the Beaux-Arts style by Buchman & Deisler, this landmarked 5-story home was extensively restored by renowned architect Campion Platt with no detail overlooked.

Featuring a gracious layout with 5 bedrooms, 5.5 bathrooms, 5 wood-burning fireplaces, 3 gas fireplaces, 2 staff rooms with separate kitchen, beautifully proportioned rooms with exceptional finishes, and walls of windows that provide abundant natural light throughout the house. Other features include elevator access to all floors, high 9’-11’7 ceilings, wine cellar, multi-zone central air conditioning, full security system with custom lock box entrance system, integrated Crestron sound system, and electronic window treatments. Truly turn-key and ready for immediate occupancy.

15-West-81st-Street-01 15 West 81st Street (CityRealty)
15-West-81st-Street-02 15 West 81st Street, #12AB (Douglas Elliman)
From the Listing:
Come see this breath-taking five to six bedroom apartment with Southern views over the Natural History Museum and Central Park. Sun-drenched and super rare, this prewar home is perfectly situated on the finest Upper Westside block and rests near the top of one of Emery Roth’s finest pieces of architecture. Equally well-suited to grand entertaining and exceptional private life, this apartment is a seamless combination providing approximately 5,000 square feet of living space on a single floor.

Two grandly-proportioned side by side living rooms provide the home with copious living space and a modern, lofty feel. The entertaining space flows through a grand gallery to one of the Westside’s largest kitchens and a full-sized dining room. There are two separate bedroom wings. Each bedroom wing features an over-sized primary bedroom with an expansive dressing area and ensuite bath.
5 Available Listings for Sale from $3.595M

75-Kenmare-Street-01 75 Kenmare Street, #PHA (Douglas Elliman)
From the Listing:
Staged in collaboration with Ligne Roset & Modernist Cuisine Gallery, Penthouse A offers the best of indoor and outdoor living in Downtown Manhattan. Spanning over 3,017 square feet with an additional 2,275 square feet of exterior living across a private terrace and roof deck, this unparalleled four bedroom, four-and-one-half bathroom penthouse is truly the best NoLita has to offer.

Upon entry, stunning white oak hardwood floors lend way to the 45-foot-long great room, with a curtain wall of floor-to-ceiling windows offering exceptional city views and abundant natural light. The open concept living and dining wing boasts a board-form concrete surround fireplace, stunning white oak floors and a curtain wall of floor-to-ceiling windows. Just outside, the first of two private outdoor spaces awaits with a 1,170-square-foot private corner terrace overlooking Downtown.

72-Mercer-Street-01 72 Mercer Street (CityRealty)
72-Mercer-Street-02 72 Mercer Street, #PHE (Douglas Elliman)
From the Listing:
Prime triplex penthouse with a two-story private roof deck situated on one of the most desired cobblestone streets in Soho! The attention to detail and the exquisite workmanship featuring top of the line finishes and custom work throughout the penthouse is astonishing. As soon as you enter through the private elevator landing, the grand living room with over 19’ double height ceilings, oversized windows, and custom mahogany walls with a library on one end and a gas burning fireplace on the other, will take your breath away. In the main living room, above the fireplace, there is hidden remote controlled cinema screen, hidden speakers and a projector opposite the fireplace. Adjoining the living room and dining area, the kitchen features a Thermador 5-burner stove, Sub-Zero refrigerator, double Miele ovens, dishwasher, and a Sub-Zero wine fridge. There are Mahogany floors throughout the loft, and to match the floors there are Mahogany-stained American black walnut doors.

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