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Future New York

Manhattan sees strongest June since 2022 as Central Park Tower and 95 Madison drive contracts

Rendering from Central Park the Billionaires' Row skyline with Central Park Tower and the redevelopment of the Hotel Wellington at 871 Seventh Avenue (Extell Development) Rendering from Central Park the Billionaires' Row skyline with Central Park Tower and the redevelopment of the Hotel Wellington at 871 Seventh Avenue (Extell Development)
From June 30 - July 5, 2026, a week when the Independence Day holiday was observed by many on Friday, July 3, 193 residential contracts were signed in Manhattan. This is a small week-over-week decrease in the number of contracts signed, but shows 62 more deals than the same week in 2025, when July 4 fell on a Friday. The week was marked by high-priced contracts in tall buildings like Central Park Tower, 432 Park Avenue, and Sutton Tower, not to mention signings at a highly anticipated Downtown office-to-condo conversion.

In this article:

Sutton Tower, 430 East 58th Street
Sutton Tower, 430 East 58th Street Beekman/Sutton Place
40 East 66th Street
40 East 66th Street Park/Fifth Ave. to 79th St.
Waldorf Astoria Residences New York, 305 Park Avenue
Waldorf Astoria Residences New York, 305 Park Avenue Midtown East
432 Park Avenue
432 Park Avenue Midtown East
Central Park Tower, 217 West 57th Street
Central Park Tower, 217 West 57th Street Midtown West


2026's sixth-highest contract signed at Central Park Tower

217 West 57th Street, Billionaires' Row condo Central Park Tower
The week's top contract by far was for Residence #113 at Central Park Tower, which was asking $54.9 million. This is more than 13 percent less than Extell Development initially sought for the high-floor five-bedroom, five and a half-bath simplex, but was nevertheless the sixth most expensive signing of 2026. The buyer of Residence #113 has not been identified, and current availabilities at Central Park Tower range from a one-bedroom for $6.99 million to an eight-bedroom Apex Duplex asking $128 million.
Central Park Tower Central Park Tower, 217 West 57th Street, #113 | https://www.cityrealty.com/nyc/midtown-west/central-park-tower-217-west-57th-street/58211/113/doKNuMTRX
The contract comes at a time when Extell is turning its attention to three major projects nearby. Earlier this summer, the City Planning Commission approved a twenty percent density bonus for 871 Seventh Avenue, its new tower on the Wellington Hotel site. In exchange for making the 50th Street subway station fully accessible with new elevators on the northbound and southbound platforms, not to mention a new stairway on the northbound platform, the new building will be allowed to rise 71 stories and 1,050 feet high. It is to contain ground-floor retail space, 156 hotel rooms, and 130 condo units.
Sectional program of Extell's planned mixed-use supertall at 871 Seventh Avenue Sectional program of Extell's planned mixed-use supertall at 871 Seventh Avenue
871 Seventh Avenue, Wellington Hotel site Rendering of 871 Seventh Avenue. The design may be a snooze, as are many of Extell's towers, at least there's some stone. (Extell Development)
871 Seventh Avenue, Midtown West 871 Seventh Avenue, late 2025 (CityRealty)
A short distance away, work is underway on the redevelopment of the former Disney headquarters in Lincoln Center. At 1,200 feet high, the forthcoming luxury supertall at 80 West 67th Street is poised to outstrip the neighboring 50 West 66th Street as the tallest building on the Upper West Side. Other buildings in the complex are to include a converted office at 7 West 66th Street and an entirely affordable building at 30 West 67th Street.
Additionally, Extell's office project at 570 Fifth Avenue is set to span an entire blockfront between 46th and 47th Streets, and appears to have expanded in size from what has been shown initially. Extell co-CEO Andrew Jung told Korean news outlet ChosunBiz that the development site comprises 15 individual buildings acquired over the course of 18 years. Ikea will anchor the retail component with an 80,000-square-foot flagship store, and global law firm Simpson Thacher & Bartlett signed a lease for 700,000 square feet of office space in September 2025.
570 Fifth Avenue, Midtown office Renderings of 570 Fifth Avenue (Kohn Pedersen Fox)
570 Fifth Avenue
570 Fifth Avenue, Midtown office building

Contracts signed at condo conversion of the Emmet Building

95 Madison Avenue, NoMad condo The Emmet Building (Global Real Estate Ventures Group LLC)
Last week, three contracts were signed at the Emmet Building, a Neo-Renaissance building located at 95 Madison Avenue and constructed in 1912 as an office building with a penthouse on top for Dr. Thomas Addis Emmet, a pioneering gynecological surgeon. It has since been designated a New York City Landmark, and the building's limestone and terra cotta facade is being restored to its original glory amidst its conversion to a 65-unit condominium being referred to as its address, 95 Madison, by the marketing team.
95 Madison Avenue, NoMad condo
95 Madison Avenue bedroom
Like all apartments in the building, the two- and three-bedroom units that entered contract feature interiors by Paris Forino with restored architectural details, beautifully detailed doors, high ceilings, herringbone oak flooring, kitchens with bespoke cabinetry and Gaggenau appliances, and primary baths with marble vanities and Waterworks fixtures. Additional features include central air conditioning, in-unit laundry, and abundant closet space in all bedrooms.

Current availabilities in the building start at $1.525 million for one-bedrooms, $2.595 million for two-bedrooms, $4.3 million for three-bedrooms, $6.45 million for four-bedrooms, and $6.4 million for five-bedrooms. Two top-floor penthouses will have private terraces, but these have not yet been publicly listed.
95 Madison Avenue, doorman condo Attended lobby
The unidentified buyers will enjoy access to amenities that include a fitness center with yoga studio, a spa, a golf simulator, a children's gym with climbing wall and miniature soccer field, a children's playroom, a music room, a lounge with formal dining room and catering kitchen, and a landscaped roof terrace with breathtaking views. Another perk is a central address near Madison Square Park, acclaimed dining in NoMad and Gramercy, luxury retail, and many transportation options.
Occupancy at the Emmet Building is estimated for next year. In the meantime, Residence #16B at the nearby 212 Fifth Avenue had the week's top Downtown contract and third-highest overall with an asking price of nearly $8.4 million, speaking to the desirability of the neighborhood.
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95 Madison Avenue, NoMad 95 Madison Avenue (Ondel)

Sunset Park church to go residential

4802 6th Avenue, Sunset Park, Brooklyn 4802 6th Avenue (Compass)
Also of note, the Neo-Gothic church at 4802 6th Avenue in Sunset Park entered contract with an asking price of $4 million. Permits have been filed to convert the three-story church to a 23-unit residential building, likely a condominium, listing Garbo & Company as the developer and Baobab Architects PC as the architect.
Permits indicate that there will be no more than eight units per floor. Interior photos show high ceilings and original architectural details that would make for eye-catching residential units, and amenities are to include a bike room and private storage. The listing notes that as the site is located in the Central Sunset Park Historic District, the developer would qualify for Historic Tax Credits.



Top NYC Contracts: June 30 - July 5, 2026


Infinity Flats, #2 (Corcoran Group)

329 West 87th Street, #TH (William Raveis New York City LLC)

485 West 22nd Street, #TH (Leslie J Garfield & Co Inc)

305 Park Avenue, Waldorf Astoria Waldorf Astoria Residences New York, #4111 (Douglas Elliman)
305 Park Avenue, NYC condo
Waldorf Astoria condo
Waldorf Astoria Residences New York
Two-bedroom floor plan
From the Listing: Own a piece of the legacy at Waldorf Astoria Residences New York. Residence 4111 is a two-bed, two-and-a-half-bath overlooking the Chrysler Building. Designed by internationally acclaimed designer Jean-Louis Deniot, residences combine modern comfort with signature features such as a dedicated Concierge Closet and keyless entry with opulent details like ceiling coves, herringbone floors, oversized custom-paneled doors, spacious walk-in closets, and grand entry foyers with marble floors and brass inlays. See full details here.

Waldorf Astoria Residences New York has 18 public availabilities from $1.715 million.


40 East 66th Street, #7A (Find Properties)

Sackett Union, #TH (Compass)

Sutton Tower, #61A (Corcoran Sunshine Marketing Group)

212 Fifth Avenue, #16B (Coldwell Banker Warburg)

432 Park Avenue, #94A (Serhant)

Central Park Tower, #113 (Extell Marketing Group LLC)

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