1185 Park Avenue
Manhattan Sales:
- For the week ending February 7, 2025, $347,126,847 worth of transactions across 174 condo, condop, and cooperative deals were recorded
- 89 condo sales came to an aggregate price of $239,237,971
- Three condop sales came to an aggregate price of $2,502,500
- 82 co-op sales came to an aggregate price of $105,386,376
In this article:
While we typically publish rundowns of celebrity-owned New York City homes that have just listed, entered contract, experienced price cuts, or sold once a month.
On the first full week of February 2025, several of the week's highest-priced sales were linked to public figures in the business and entertainment sectors.
220 Central Park South (Robert A.M. Stern Architects)
Over five years after hedge fund executive Ken Griffin's $238M purchase at 220 Central Park South set a record as the most expensive home in the United States, nothing has come along to dethrone it. The Robert A.M. Stern Architects-designed building racked up another superlative with the top sale of the first full week of February 2025. Residence #55B, a high-floor three-bedroom, sold for an even $35,000,000.
While slightly below the $37.5 million ask when it entered contract in December 2024, it still holds the week's top sale by a comfortable margin and nets a profit for its seller, WorldQuant founder and CEO Igor Tulchinsky: Public records show that he bought it for $33 million in April 2021. The buyer, who conducted the transaction using a trust, will be the third owner of the half-floor apartment overlooking Central Park.
While slightly below the $37.5 million ask when it entered contract in December 2024, it still holds the week's top sale by a comfortable margin and nets a profit for its seller, WorldQuant founder and CEO Igor Tulchinsky: Public records show that he bought it for $33 million in April 2021. The buyer, who conducted the transaction using a trust, will be the third owner of the half-floor apartment overlooking Central Park.
The Stuart Duncan House (1904) was designed by C.P.H. Gilbert who was a graduate of l’Ecole des Beaus-Arts and is best known for designing opulent townhouses and mansions.
Billionaires' Row has emerged as a destination for the world's wealthiest, but the Upper East Side has not lost its shine among luxury buyers: Three listings in this stretch of Manhattan were among the week's top five sales. The second-highest sale was for the penthouse at The Stuart Duncan, a Beaux-Arts mansion turned boutique condominium, which closed for $19,000,000.
Seller James Chanos rose to fame for making a fortune short selling during the Enron collapse and the 2008 financial crisis, but wasn't so lucky this time: When The Real Deal announced the off-market sale, it noted that the penthouse went on the market for $34 million in 2019, and that it had been on and off the market at gradually lower price points ever since. It also noted that Mr. Chanos has taken a loss, having bought it for $20 million in 2008. The buyer made the purchase with an LLC.
Seller James Chanos rose to fame for making a fortune short selling during the Enron collapse and the 2008 financial crisis, but wasn't so lucky this time: When The Real Deal announced the off-market sale, it noted that the penthouse went on the market for $34 million in 2019, and that it had been on and off the market at gradually lower price points ever since. It also noted that Mr. Chanos has taken a loss, having bought it for $20 million in 2008. The buyer made the purchase with an LLC.
The week's top co-op sale and third-highest overall was for Residence #16/17F at 1185 Park Avenue. It closed for $13,150,000, and public records list the buyer as JPMorgan CEO Marianne Lake. When Crain's New York Business announced the sale, it noted that her boss, JPMorgan Chairman Jamie Dimon, also lives in the building.
The courtyard at 1185 Park Avenue
However, the listing for the duplex penthouse played up its connection to a couple in the arts: Pulitzer Prize-winning playwright Moss Hart and his wife, actress/singer Kitty Carlisle Hart, frequently entertained in the apartment, with Miss Carlisle showing no sign of slowing down in the decades following her husband's death. The most recent sellers bought the penthouse for $19 million in 2009, about two years after Miss Carlisle's death. They originally sought $21.5 million for it in September 2021 and ultimately took a loss on it.
1185 Park Avenue was designed by Schwartz & Gross, as was the home of the week's next-highest sale: Several blocks south at 888 Park Avenue, Residence #12B was not far behind with a price of $11,675,000. Following an extensive renovation by architect Charlotte Worthy and decorator Steven Sills, the five-bedroom apartment was featured on the cover of Elle Decor and in Mr. Sills' book Steven Sills: A Vision for Design.
The apartment has been on and off the market since May 2023, when it was listed for $15 million, and entered contract with a $12.25 million ask in August 2024. Public records show that the sellers bought it for $11,025,000 in June 2017.
The apartment has been on and off the market since May 2023, when it was listed for $15 million, and entered contract with a $12.25 million ask in August 2024. Public records show that the sellers bought it for $11,025,000 in June 2017.
One High Line, home of the top Downtown sale (Evan Joseph)
The week's top Downtown sale and fifth-highest overall took place at One High Line, where Residence #E21A, a three-bedroom in the East Tower, closed for $9,600,000. The sale was recorded shortly after One High Line surpassed $1 billion in sales (h/t The Real Deal).
The apartment is located several stories above the forthcoming Faena New York outpost. The buyer, who made the purchase with an LLC, will enjoy access to the hotel's services, restaurant, spa, and other amenities, not to mention a suite of residents-only amenities at One High Line.
The apartment is located several stories above the forthcoming Faena New York outpost. The buyer, who made the purchase with an LLC, will enjoy access to the hotel's services, restaurant, spa, and other amenities, not to mention a suite of residents-only amenities at One High Line.
Top Manhattan Sales
One High Line (Evan Joseph)
One High Line, #E21A (Corcoran)
From the Listing:
East 21A at One High Line is a 2,777-square-foot three-bedroom and three-and-a-half-bathroom residence curated by Gilles & Boissier, boasting Hudson River. Residence 21A features southern and western exposure overlooking the Hudson River and receiving an abundance of natural light throughout the day. The home’s great room is the home’s Living and Dining Rooms blend seamlessly with the open kitchen with elegant Carnico Grigio marble floors, Molteni brushed Epicea wood and white lacquer cabinetry with cove lighting, and honed Calacatta Gold marble countertops and backsplash. A Calacatta Gold marble island with a brass patina frame is complemented by a raised St. Laurent marble.
East 21A at One High Line is a 2,777-square-foot three-bedroom and three-and-a-half-bathroom residence curated by Gilles & Boissier, boasting Hudson River. Residence 21A features southern and western exposure overlooking the Hudson River and receiving an abundance of natural light throughout the day. The home’s great room is the home’s Living and Dining Rooms blend seamlessly with the open kitchen with elegant Carnico Grigio marble floors, Molteni brushed Epicea wood and white lacquer cabinetry with cove lighting, and honed Calacatta Gold marble countertops and backsplash. A Calacatta Gold marble island with a brass patina frame is complemented by a raised St. Laurent marble.
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888 Park Avenue (CityRealty)
888 Park Avenue, #12B (Sotheby's International Realty)
From the Listing:
Residence #12B is a stunning showpiece retaining a sense of Old World elegance, while replete with the best of today’s modern design. Upon entering the apartment from a semi-private vestibule, one enters a beautifully proportioned gallery which leads to all of the main entertaining spaces which have fine Parquet de Versailles wood flooring. The south-facing living room is 29’ in length and has a Louis XIV mantle surrounding a wood-burning fireplace.
Residence #12B is a stunning showpiece retaining a sense of Old World elegance, while replete with the best of today’s modern design. Upon entering the apartment from a semi-private vestibule, one enters a beautifully proportioned gallery which leads to all of the main entertaining spaces which have fine Parquet de Versailles wood flooring. The south-facing living room is 29’ in length and has a Louis XIV mantle surrounding a wood-burning fireplace.
1 Available Listing for Sale for $725,000
1185 Park Avenue, #16/17F (Corcoran Group)
From the Listing:
Chic sophistication awaits you in this sprawling pre-war showpiece. This 12-room residence, designed by Stephen Wang, boasts perfectly proportioned rooms for opulent entertaining and everyday modern living, enhanced by three terraces with stunning open city views. Upon entering the home, you are immediately struck by the double height entrance and skylight, shedding sunshine throughout the entire apartment. The first floor contains the main living quarter drenched in southern light. Ascend to the penthouse floor via a luxurious curved staircase which houses the 4 bedrooms, and three huge terraces.
Chic sophistication awaits you in this sprawling pre-war showpiece. This 12-room residence, designed by Stephen Wang, boasts perfectly proportioned rooms for opulent entertaining and everyday modern living, enhanced by three terraces with stunning open city views. Upon entering the home, you are immediately struck by the double height entrance and skylight, shedding sunshine throughout the entire apartment. The first floor contains the main living quarter drenched in southern light. Ascend to the penthouse floor via a luxurious curved staircase which houses the 4 bedrooms, and three huge terraces.
The Stuart Duncan (CityRealty)
The Stuart Duncan, #PH (Corcoran Group)
From the Listing:
This penthouse triplex atop an iconic Gilded Age mansion offers the pinnacle of luxury townhouse living. Designed by Thad Hayes and offered in triple mint condition, this penthouse has a sprawling 7,300 (approximate) interior square feet and includes 2,800 square feet of usable outdoor space!
Entering off the elevator onto the main floor you are greeted with a large open concept great room that features high ceilings and walls that are perfect for any art collection. This is an incredibly versatile space arranged as a dining area and living room but is easily opened to any possibility. There is an eat-in kitchen just off the great room that features a large walk-in wine storage and high end appliances. The highlight of this floor is the amazing terrace which can be accessed through either the kitchen or the great room.
This penthouse triplex atop an iconic Gilded Age mansion offers the pinnacle of luxury townhouse living. Designed by Thad Hayes and offered in triple mint condition, this penthouse has a sprawling 7,300 (approximate) interior square feet and includes 2,800 square feet of usable outdoor space!
Entering off the elevator onto the main floor you are greeted with a large open concept great room that features high ceilings and walls that are perfect for any art collection. This is an incredibly versatile space arranged as a dining area and living room but is easily opened to any possibility. There is an eat-in kitchen just off the great room that features a large walk-in wine storage and high end appliances. The highlight of this floor is the amazing terrace which can be accessed through either the kitchen or the great room.
220 Central Park South, #55B (Serhant)
From the Listing:
This exceptional half-floor 3-bedroom, 3.5-bathroom corner residence at 220 Central Park South offers an impressive 75 feet of direct Central Park frontage and breathtaking views of the park, Hudson River, and George Washington Bridge. Spanning over 3,200 square feet, the home features grand 11-foot ceilings, chevron oak floors, and oversized windows that flood the space with natural light. Designed by the renowned Robert A.M. Stern Architects and brought to life by Thierry Despont, this architectural marvel represents one of Manhattan's most sought-after, discreet, and secure addresses. The home includes a gracious park-facing living room with 36 feet of park frontage, a stunning eat-in kitchen with a marble island and high-end appliances, and a private laundry room.
This exceptional half-floor 3-bedroom, 3.5-bathroom corner residence at 220 Central Park South offers an impressive 75 feet of direct Central Park frontage and breathtaking views of the park, Hudson River, and George Washington Bridge. Spanning over 3,200 square feet, the home features grand 11-foot ceilings, chevron oak floors, and oversized windows that flood the space with natural light. Designed by the renowned Robert A.M. Stern Architects and brought to life by Thierry Despont, this architectural marvel represents one of Manhattan's most sought-after, discreet, and secure addresses. The home includes a gracious park-facing living room with 36 feet of park frontage, a stunning eat-in kitchen with a marble island and high-end appliances, and a private laundry room.
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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