William Lauder and 998 Fifth Avenue
During the last full week of September 2025, the number of residential sales recorded in Manhattan spiked week-over-week, and several uber-luxury sales (six over $10 million) drove up the aggregate dollar volume during this time period. Resales in highly coveted buildings proved especially popular during this time, accounting for seven of the ten highest-priced sales of the week.
Early last week, the city recorded the $37.5 million sale of cosmetics executive William Lauder's apartment at the J.E.R. Carpenter-designed 998 Fifth Avenue in an off-market deal. Not only was Residence #6W the most expensive sale of the week, coming in at nearly twice the price of the next-highest sale, but it is one of the highest-priced co-op sales recorded in 2025.
The sale was recorded eight years after Mr. Lauder purchased it for $23.5 million in August 2017. The New York Post notes that this is part of a larger downsizing. Mr. Lauder also seeks to offload an apartment at 778 Park Avenue that is currently on the market for $25 million.
The sale was recorded eight years after Mr. Lauder purchased it for $23.5 million in August 2017. The New York Post notes that this is part of a larger downsizing. Mr. Lauder also seeks to offload an apartment at 778 Park Avenue that is currently on the market for $25 million.
In this article:
The Palacio, #14 (Compass) | https://www.cityrealty.com/nyc/park-fifth-ave-79th-st/palacio-620-park-avenue/8346/14
Several blocks south at The Palacio, another Carpenter design on Park Avenue, Residence #14 closed for $18 million, slightly under the $19.75 million ask when it entered contract in May 2025. But not only was this good enough for the third-highest sale of the past week, it was also more than double the $7.5 million it was purchased for in May 2019.
200 Amsterdam, #42A, top condo sale (Serhant) | https://www.cityrealty.com/nyc/lincoln-center/200-amsterdam-200-amsterdam-avenue/23184/42A
The week's top condo sale and second-highest overall took place on one of the uppermost floors of 200 Amsterdam. Residence #42A sold for $19.6 million, slightly under the $21 million ask when it entered contract in July 2025. The floor-through four-bedroom looks out on panoramic views of the Manhattan skyline and the Hudson River, and interiors boast a living room with fireplace, a windowed eat-in kitchen, and a corner primary suite with couples' closets, a private wet bar, and super-luxe en suite bath.
This closing brings the Upper West Side's second-tallest building to 97% sold. Not only does the building boast a robust wellness and social amenities package, but it makes the most of its proximity to Lincoln Center with a one-year membership for buyers. Remaining sponsor availabilities include a penthouse seen onscreen in Succession and Babygirl.
This closing brings the Upper West Side's second-tallest building to 97% sold. Not only does the building boast a robust wellness and social amenities package, but it makes the most of its proximity to Lincoln Center with a one-year membership for buyers. Remaining sponsor availabilities include a penthouse seen onscreen in Succession and Babygirl.
One Riverside Park (Serhant LLC); Kerry Washington (By Georges Biard, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=23693296
A short distance from 200 Amsterdam, a nearly $18 million penthouse sale was recorded at One Riverside Park on Monday, September 29, too late to be included in last week's data but likely to rank among next week's top sales. The listing notes that Emmy-nominated actress Kerry Washington once rented the penthouse, which was initially listed for $27.5 million in May 2021. It has been on and off the market at gradually lower price points since then, and public records show that the LLC-identified seller ultimately took a loss, having bought it from the sponsor for $19.7 million in December 2016.
When it opened in the mid-2010s, One Riverside Park was part of a wave of new development that brought glassy, full-service buildings with spectacular Hudson River views to the Far West Side waterfront. In recent years, though, newer developments like the Waterline Square complex, the aforementioned 200 Amsterdam, and 50 West 66th Street have stolen some of these older buildings' thunder. Indeed, Residence #17E at 50 West 66th Street had last week's tenth-highest closing at nearly $8.9 million.
When it opened in the mid-2010s, One Riverside Park was part of a wave of new development that brought glassy, full-service buildings with spectacular Hudson River views to the Far West Side waterfront. In recent years, though, newer developments like the Waterline Square complex, the aforementioned 200 Amsterdam, and 50 West 66th Street have stolen some of these older buildings' thunder. Indeed, Residence #17E at 50 West 66th Street had last week's tenth-highest closing at nearly $8.9 million.
VU New York, #PHB (Brown Harris Stevens) | https://www.cityrealty.com/nyc/gramercy-park/vu-new-york-368-third-avenue/76512/PHB
In addition to being the top condo sale, the unit at 200 Amsterdam was the top new development sale of the past week. It was trailed by Penthouse B at VU New York, which closed for nearly $9.2 million in the week's second-highest new development sale and eighth-highest sale overall. While slightly below the ask when it entered contract in July 2025, it is nevertheless the largest sale recorded in this new development at the nexus of Gramercy and Kips Bay and brings the building to 96% sold. Current availabilities range from a studio for $975K to a three-bedroom penthouse for $9.4 million.
Also of note, shortly after the first closing came in, a total of $17.6 million across five sales was recorded at 181 MacDougal Street. The boutique building is located one block north of Washington Square Park in the heart of the Greenwich Village Historic District, but its hand-laid brick facade by Morris Adjmi Architects makes a context-sensitive addition to the neighborhood. The building is nearly 70% sold, and remaining availabilities range from a two-bedroom for $3.2 million to a three-bedroom penthouse with private terrace for $11.75 million.
Top Manhattan sales
85 Mercer Street, #PHB (Douglas Elliman)
From the Listing:
Designed by AD100 architect Tony Ingrao, 87 Mercer Penthouse B is a masterfully designed turn-key residence, discreetly perched on top of one of the best cobblestone blocks in all of Soho. Six years in the making, 87 Mercer PH is a one-of-one, engineering marvel - a townhouse in the sky- occupying the top four floors of a 50-foot-wide cast iron loft building. This palatial multi-level residence offers a gracious and thoughtful layout offering high ceilings, division of space and a one-of-a-kind indoor-outdoor living experience.
Designed by AD100 architect Tony Ingrao, 87 Mercer Penthouse B is a masterfully designed turn-key residence, discreetly perched on top of one of the best cobblestone blocks in all of Soho. Six years in the making, 87 Mercer PH is a one-of-one, engineering marvel - a townhouse in the sky- occupying the top four floors of a 50-foot-wide cast iron loft building. This palatial multi-level residence offers a gracious and thoughtful layout offering high ceilings, division of space and a one-of-a-kind indoor-outdoor living experience.
988 Fifth Avenue, #4 (Corcoran Group)
From the Listing:
Built in 1925 by one of the foremost grand architects of the prewar era, J.E.R Carpenter, this corner residence has about fifty feet Central Park frontage, and seamlessly combines Old World grandeur with all of today's modern-day conveniences. The private elevator vestibule opens to a spacious gallery opening onto all of the entertaining rooms. The grand formal living room faces Central Park and the famed Metropolitan Museum fountains to the north. This spacious front living room has a fine wood-burning fireplace and opens to a cozy English pine paneled library to the east. Each apartment in the building has a designated storage bin which transfers.
Built in 1925 by one of the foremost grand architects of the prewar era, J.E.R Carpenter, this corner residence has about fifty feet Central Park frontage, and seamlessly combines Old World grandeur with all of today's modern-day conveniences. The private elevator vestibule opens to a spacious gallery opening onto all of the entertaining rooms. The grand formal living room faces Central Park and the famed Metropolitan Museum fountains to the north. This spacious front living room has a fine wood-burning fireplace and opens to a cozy English pine paneled library to the east. Each apartment in the building has a designated storage bin which transfers.
The Palacio, #14 (Compass)
From the Listing:
If you have been looking for an apartment that makes you think “I can’t believe I live here!”, you have found it! Located in the heart of one of New York’s most distinguished neighborhoods and blocks from Central Park, this duplex apartment with terraces, unobstructed views, and exceptional light, is set above the rest. This is an apartment for great entertaining in the stunning paneled, blue-glazed dining room and on the expansive terraces off the upstairs entertainment room. The residence also transfers with a separate private laundry room, a cedar closet and a storage room, all located on the basement level of the building.
If you have been looking for an apartment that makes you think “I can’t believe I live here!”, you have found it! Located in the heart of one of New York’s most distinguished neighborhoods and blocks from Central Park, this duplex apartment with terraces, unobstructed views, and exceptional light, is set above the rest. This is an apartment for great entertaining in the stunning paneled, blue-glazed dining room and on the expansive terraces off the upstairs entertainment room. The residence also transfers with a separate private laundry room, a cedar closet and a storage room, all located on the basement level of the building.
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200 Amsterdam, #42A (Serhant)
From the Listing:
Welcome to this extraordinary 4-bedroom, 4.5-bathroom residence spanning the entire 42nd Floor of 200 Amsterdam, a neighborhood-defining residential icon crafted for the most discerning lifestyles at the nexus of Lincoln Center and Central Park. Experience world-class amenities and sensational panoramic views of the Manhattan skyline, the Hudson River, and Central Park. A grand park-facing foyer with White Ice marble floors ushers residents into a striking open-plan living room, dining room, and kitchen. Natural light pours through floor-to-ceiling high performance windows with Low-E coating, accentuating French white oak floors, soaring ceilings, and a regal fireplace.
Welcome to this extraordinary 4-bedroom, 4.5-bathroom residence spanning the entire 42nd Floor of 200 Amsterdam, a neighborhood-defining residential icon crafted for the most discerning lifestyles at the nexus of Lincoln Center and Central Park. Experience world-class amenities and sensational panoramic views of the Manhattan skyline, the Hudson River, and Central Park. A grand park-facing foyer with White Ice marble floors ushers residents into a striking open-plan living room, dining room, and kitchen. Natural light pours through floor-to-ceiling high performance windows with Low-E coating, accentuating French white oak floors, soaring ceilings, and a regal fireplace.
9 Available Listings for Sale from $3,950,000
998 Fifth Avenue, #6W (Sotheby's International Realty)
From the Listing:
Located in one of the most distinguished cooperatives in NYC, this magnificent 14 room apartment is beautifully renovated and features sun flooded interiors, soaring high ceilings, lovely and grandly proportioned rooms, and exceptional architectural details. A massive windowed gallery opens to three fabulous entertaining rooms, laid out in enfilade format, with a fireplace on both the northern and southern flank. These extraordinary public rooms are distinguished by broad sweeping views of the Metropolitan Museum facade. There is a handsome and well-appointed living room, a marvelous oval-shaped library and a massive dining room.
Located in one of the most distinguished cooperatives in NYC, this magnificent 14 room apartment is beautifully renovated and features sun flooded interiors, soaring high ceilings, lovely and grandly proportioned rooms, and exceptional architectural details. A massive windowed gallery opens to three fabulous entertaining rooms, laid out in enfilade format, with a fireplace on both the northern and southern flank. These extraordinary public rooms are distinguished by broad sweeping views of the Metropolitan Museum facade. There is a handsome and well-appointed living room, a marvelous oval-shaped library and a massive dining room.
Strongest Appreciators
The Wingate, #3D (Digs Realty Group LLC)
From the Listing:
Welcome to 3D at The Wingate, your opportunity for unbelievable value in the heart of Manhattan. This corner unit is flooded with natural light through its southern and western exposures. The huge master bedroom easily fits a king size bed and more, and features a tremendous walk-in closet built out with multiple hanging bars and shelving. The generous second bedroom can be used as a home office or open dining space. The windowed kitchen features stainless-steel appliances, attractive cabinetry and countertops. The gorgeous windowed bathroom features a walk-in shower with a glass sliding door and attractive tiling throughout. Other amazing features of this home include pristine wide-plank floors, abundant closet space and extremely low maintenance!
Welcome to 3D at The Wingate, your opportunity for unbelievable value in the heart of Manhattan. This corner unit is flooded with natural light through its southern and western exposures. The huge master bedroom easily fits a king size bed and more, and features a tremendous walk-in closet built out with multiple hanging bars and shelving. The generous second bedroom can be used as a home office or open dining space. The windowed kitchen features stainless-steel appliances, attractive cabinetry and countertops. The gorgeous windowed bathroom features a walk-in shower with a glass sliding door and attractive tiling throughout. Other amazing features of this home include pristine wide-plank floors, abundant closet space and extremely low maintenance!
5 Available Listings for Sale from $440,000
Bleecker Court, #520 (Brown Harris Stevens)
From the Listing:
Light and airy, this joyous duplex captivates you with its 14'+ soaring ceilings, oversized windows, and abundance of southern light that invites you into this voluminous and sprawling space. City and sky views over the planted building courtyard further add to the allure of this unique home. Upon entering the foyer, to your right you will discover the expansive kitchen, which includes extended cabinetry, counter space, and a breakfast island that flow into the living space. The kitchen features stainless steel appliances, a hooded stove and river rock flooring.
Light and airy, this joyous duplex captivates you with its 14'+ soaring ceilings, oversized windows, and abundance of southern light that invites you into this voluminous and sprawling space. City and sky views over the planted building courtyard further add to the allure of this unique home. Upon entering the foyer, to your right you will discover the expansive kitchen, which includes extended cabinetry, counter space, and a breakfast island that flow into the living space. The kitchen features stainless steel appliances, a hooded stove and river rock flooring.
8 Available Listings for Sale from $549,500
The Palacio, #14 (Compass)
From the Listing:
If you have been looking for an apartment that makes you think “I can’t believe I live here!”, you have found it! Located in the heart of one of New York’s most distinguished neighborhoods and blocks from Central Park, this duplex apartment with terraces, unobstructed views, and exceptional light, is set above the rest. This is an apartment for great entertaining in the stunning paneled, blue-glazed dining room and on the expansive terraces off the upstairs entertainment room. The residence also transfers with a separate private laundry room, a cedar closet and a storage room, all located on the basement level of the building.
If you have been looking for an apartment that makes you think “I can’t believe I live here!”, you have found it! Located in the heart of one of New York’s most distinguished neighborhoods and blocks from Central Park, this duplex apartment with terraces, unobstructed views, and exceptional light, is set above the rest. This is an apartment for great entertaining in the stunning paneled, blue-glazed dining room and on the expansive terraces off the upstairs entertainment room. The residence also transfers with a separate private laundry room, a cedar closet and a storage room, all located on the basement level of the building.
570 Park Avenue, #3B (Sotheby's International Realty)
From the Listing:
This classic 8 room Upper East side apartment at 570 Park Avenue was elegantly re-designed by Doug Larson of Larson Architecture Works in New York City and was awarded the prestigious Stanford White Award for Excellence in Classical and New Traditional Design. The end result is a gracious space for living in New York recalling the wonderfully laid out plans of European residences. One enters from a semi-private landing. The high-ceilinged foyer opens to a spacious living room with a wood burning fireplace. Ionic pilasters placed in a pattern around the room create a regular rhythm of walls and openings.
This classic 8 room Upper East side apartment at 570 Park Avenue was elegantly re-designed by Doug Larson of Larson Architecture Works in New York City and was awarded the prestigious Stanford White Award for Excellence in Classical and New Traditional Design. The end result is a gracious space for living in New York recalling the wonderfully laid out plans of European residences. One enters from a semi-private landing. The high-ceilinged foyer opens to a spacious living room with a wood burning fireplace. Ionic pilasters placed in a pattern around the room create a regular rhythm of walls and openings.
1 Available Listing for Sale for $5,600,000
The Yosemite, #2E (Coldwell Banker Warburg)
From the Listing:
Elegance is epitomized on Park Avenue in this exquisite, sprawling 11 room, five-bedroom residence, complete with a library, staff room, windowed eat-in kitchen, expansive formal dining room, and enormous corner living room. The property boasts an impressive number of windows overlooking Park Avenue and the Colony Club. Designed by the renowned architect James E. R. Carpenter, 550 Park was constructed in 1917 and is distinguished by its grand proportions, high ceilings, large windows, intricate moldings, and beautifully crafted herringbone patterned floors.
Elegance is epitomized on Park Avenue in this exquisite, sprawling 11 room, five-bedroom residence, complete with a library, staff room, windowed eat-in kitchen, expansive formal dining room, and enormous corner living room. The property boasts an impressive number of windows overlooking Park Avenue and the Colony Club. Designed by the renowned architect James E. R. Carpenter, 550 Park was constructed in 1917 and is distinguished by its grand proportions, high ceilings, large windows, intricate moldings, and beautifully crafted herringbone patterned floors.
3 Available Listings for Sale from $1,895,000
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?
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