Nearly $550M in Manhattan contracts include Claire Danes and Hugh Dancy's Village townhouse; $80M in deals signed at One High Line and The Cortland

Monday, Oct 14, 2024 By CityRealty Staff, CityRealty contributor

Manhattan maintained its strong autumn performance through the second week of October, with 207 signed contracts for residential apartments and townhouses—the second-highest figure since spring. If all properties sold at their asking prices, the total would be nearly $550 million in residential sales. The median last asking price increased to $1.3 million, helped by many eight-figure deals. On average, properties spent 101 days on the market.

Over two and a half years after listing it, and a little over a year after closing on a full-floor unit at The Hampshire House, media mogul Rupert Murdoch has found a buyer for his customized triplex penthouse at One Madison. It entered contract with an asking price of $28,500,000, or $33.5 million below the initial listing price of $62 million when it hit the market in March 2022. If it sells for this price, Mr. Murdoch will take a deep loss, having bought it from the developer for $43.01 million in 2014.

In the years since One Madison took shape just south of Madison Square Park, the West Chelsea skyline has been utterly transformed by striking condominiums from acclaimed architects, all of which feature expansive floor plans, full-service amenity packages, and oversized windows that make the most of vistas of the Hudson River, the Manhattan skyline, and the High Line. A total of $43,245,000 across four contracts was signed at One High Line, Bjarke Ingels Group's twisting, two-towered contribution. Among them was Penthouse #WEST32B, a half-floor four-bedroom home with over 5,200 interior square feet and a total of 422 square feet across two private loggias, was asking $23,600,000 in the second-highest contract of the week. A few stories down, the three-bedroom Residence #WEST28B had the week's ninth-highest asking price of $14,455,000.

One High Line, #WESTPH32B (Corcoran Sunshine Marketing Group)

Three of the four contracts were for apartments located in the all-residential West Tower; in the East Tower, the apartments start on top of Faena New York, the luxury hotel's first New York outpost set to open early next year. When it does, residents of One High Line will enjoy special perks and access to the hotel's services, amenities, and restaurant by celebrity chef Francis Mallmann. They will also have access to an array of exclusive residential amenities.

Corner Great Room with Hudson River views

The Cortland (CORE Group Marketing LLC)

A few blocks north at The Cortland, a red brick condominium designed by Robert A.M. Stern Architects, a total of $36,750,000 was signed across two contracts. The five-bedroom Residence #21AW had the week's third-highest contract with a $21,500,000 asking price. Residence #21BW, the only other apartment on the floor, was not far behind with a $15,250,000 ask, the seventh-highest of the week.

While neither buyer was identified, the contracts for both units at The Cortland were signed on the same day, and a massive full-floor combination would not be impossible. New York Yankee Aaron Judge reportedly did something similar for his home at The Cortland in spring 2023.

Indeed, new development penthouses are in demand for buyers all over the city: Penthouse #71 at Sutton Tower, the tallest building in the Sutton Place enclave, entered contract with an asking price of $19,500,000, the fourth-highest of the week.

Claire Danes, Hugh Dancy, and 19 Downing Street living room

Also of note last week, actors Claire Danes and Hugh Dancy's Greenwich Village house at 19 Downing Street entered contract with a $9,750,000 asking price for the top townhouse contract of the week. The contract was signed about two months after the townhouse was listed. The New York Post announced the contract but was unable to identify the buyer. Additionally, while the celebrity couple declared that they were looking to upsize in New York, their next move is not yet known.

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#10. 888 Park Avenue, #12B
Last Ask: $12,250,000

Park/Fifth Ave. to 79th St. | Cooperative | 5 Bedrooms, 5 Baths | 3,825 ft²

888 Park Avenue, #12B (Sothebys International Realty)

From the Listing: Featured on the cover of Elle Decor as well as the designer’s own well reviewed opus - Steven Sills: A Vision for Design - 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. See floor plan and full details here.

888 Park Avenue has 1 public availability asking $1,250,000.

#9. One High Line, #WEST28B
Last Ask: $14,455,000

Chelsea | Condominium | 3 Bedrooms, 3.5 Baths | 3,141 ft²

One High Line, #WEST28B (Corcoran Sunshine Marketing Group)

From the Listing: Residence #28B boasts a generous great room and open kitchen custom designed by Bulthaup, complete with White Princess Quartzite countertops and backsplash, a robust Gaggenau appliance package and stainless-steel fixtures by CEA Design. The west-facing primary suite, complete with floor-to-ceiling windows, welcomes natural light throughout the day. The elegant ensuite five-fixture bath is clad in Taj Mahal Quartzite and has radiant heat floors, custom Lumix double-sink vanity, Kaldewei soaking tub and integrated illuminated medicine cabinet. See full details here.

One High Line has 13 public availabilities from $2,230,000.

#8. 95 Charles Street, #TH
Last Ask: $14,750,000

West Village | Condominium | 5 Bedrooms, 5 Baths | 6,261 ft²

95 Charles Street, #TH (Compass)

From the Listing: Discover the extraordinary combination of classic townhouse living and modern luxury in the heart of the West Village. This 38-foot-wide home, spanning four expansive floors of living space and featuring a private outdoor garden, offers an unrivaled residential experience in one of Manhattan's most coveted neighborhoods. Every detail has been thoughtfully considered, from the dramatic 16-foot-high ceilings in the formal living room, where French doors bathe the space in natural northern light, to the outdoor kitchen equipped with dual built-in grills for year-round entertaining amidst the tranquil backdrop of river birch trees. See full details here.

#7. The Cortland, #21BW
Last Ask: $15,250,000

Chelsea | Condominium | 3 Bedrooms, 4 Baths | 2,933 ft²

The Cortland, #21BW (CORE Group Marketing LLC)

From the Listing: Inspired by West Chelsea’s historical architecture and rich heritage, The Cortland is striking a new presence on the Hudson waterfront. Residence #21BW is 2,933 square feet with three bedrooms and three-and-a-half bathrooms. The expansive, open-plan living and dining areas feature unobstructed views of the Hudson River, a 28-foot corner great room, a kitchen with a custom Olson Kundig-designed Jackbox and a walk-in pantry, warm wood flooring, and floor-to-ceiling windows. See full details here.

The Cortland has 13 public availabilities from $3,750,000.

#6. 30 East 85th Street, #PENTHOUSE
Last Ask: $18,500,000

Carnegie Hill | Condominium | 5 Bedrooms, 5 Baths | 5,425 ft²

30 East 85th Street, #PENTHOUSE (Serhant LLC)

From the Listing: Full-floor trophy triplex penthouse atop 30 East 85th Street! A private, keyed vestibule welcomes you into an expansive and dramatic Great Room with 12' soaring ceilings, a fireplace and breathtaking skyline and Central Park views. Currently configured as five bedrooms, five baths and a powder room spread out 5,425 square feet and enjoying 4 private terraces spanning 934 square feet while the exterior boasts views in every direction, this is a dream home and entertaining space. Elegant architectural details and materials throughout. See full details here.

30 East 85th Street has 2 public availabilities from $2,795,000.

#5. The Yosemite, #10
Last Ask: $18,800,000

Park/Fifth Ave. to 79th St. | Cooperative | 6+ Bedrooms, 6+ Baths | 7,000 ft²

The Yosemite, #10 (Douglas Elliman Real Estate)

From the Listing: Nestled within the prestigious confines of 550 Park Avenue, this full-floor sanctuary effortlessly marries the quintessence of New York's bygone era with the pinnacle of modern luxury and design. Spanning an impressive 7,000 square feet, this residence, meticulously reimagined by the renowned interior designer David Kleinberg, stands as a beacon of unparalleled perfection, offering panoramic views of the Manhattan skyline from every cardinal direction. The entrance unfolds into a grand, circular foyer, leading to an extraordinary gallery that serves as the backbone of this architectural marvel, designed for the display of fine art and the seamless flow between resplendent living spaces. See full details here.

The Yosemite has 2 public availabilities from $3,750,000.

#4. Sutton Tower, #PH71
Last Ask: $19,500,000

Beekman/Sutton Place | Condominium | 4 Bedrooms, 4.5 Baths | 4,765 ft²

Sutton Tower, #PH71 (Compass)

From the Listing: Set atop the prestigious Sutton Tower, Penthouse 71 offers an unparalleled living experience with 4,765 square feet of meticulously crafted space. Commanding breathtaking vistas of the river and skyline, this 4-bed, 4.5-bath residence boasts design by the renowned Thomas Juul-Hansen. Step into refined elegance through direct elevator entry, leading to a corner great room with a gas fireplace, a corner dining room, and a windowed eat-in kitchen with a double oven and full-height wine storage. Unwind in the corner primary suite boasting two walk-in closets and a windowed primary bath with a soaking tub, separate water closet, and marble vanity. See full details here.

Sutton Tower has 8 public availabilities from $2,550,000.

#3. The Cortland, #21AW
Last Ask: $21,500,000

Chelsea | Condominium | 5 Bedrooms, 6+ Baths | 4,091 ft²

The Cortland, #21AW (CORE Group Marketing LLC)

From the Listing: The Cortland represents a unique collaboration between two architectural icons, Robert A.M. Stern Architects and Olson Kundig. Residence #21AW is 4,091 square feet with five bedrooms and five and a half bathrooms. The expansive, open-plan living and dining areas feature unobstructed views of the Hudson River, a 28-foot corner great room with a fireplace and Juliet balcony, a windowed eat-in kitchen with a custom Olson Kundig-designed Jackbox, warm wood flooring, and floor-to-ceiling windows. The primary bedroom suite offers a fireplace and double walk-in closets. See full details here.

The Cortland has 13 public availabilities from $3,750,000.

#2. One High Line, #WESTPH32B
Last Ask: $23,600,000

Chelsea | Condominium | 4 Bedrooms, 4.5 Baths | 5,210 ft²

One High Line, #WESTPH32B (Corcoran Sunshine Marketing Group)

From the Listing: This half-floor penthouse home boasts a generous corner great room flanked by two loggias totaling 422 square feet - a north-facing loggia with far-reaching views of the iconic Midtown horizon and another with serene vistas of the Hudson River. The custom chef's kitchen, designed by Bulthaup and complete with White Princess Quartzite countertops and backsplash, a robust Gaggenau appliance package and stainless-steel fixtures by CEA Design, can be opened into the western loggia, creating an atmosphere that is perfect for entertaining. See full details here.

One High Line has 13 public availabilities from $2,230,000.

#1. One Madison, #PH
Last Ask: $28,500,000 (-26%)

Flatiron/Union Square | Condominium | 5 Bedrooms, 6+ Baths | 7,143 ft²

One Madison, #PH (Compass)

From the Listing: At the pinnacle of One Madison, the Triplex Penthouse spans almost 7,000 square feet of expansive living space from the 58th to the 60th floor. The striking double-height windows offer panoramic 360-degree vistas of the skyline and both the East and Hudson Rivers, providing an unparalleled viewpoint of Manhattan and its iconic structures. Crafted with meticulous attention to detail, this residential marvel exudes sophistication and timeless elegance. See full details here.

One Madison has 3 public availabilities from $3,650,000.

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Select which properties are of interest to you:

#10. 888 Park Avenue, #12B
Last Ask: $12,250,000

888 Park Avenue has 1 public availability asking $1,250,000.

#9. One High Line, #WEST28B
Last Ask: $14,455,000

One High Line has 13 public availabilities from $2,230,000.

#8. 95 Charles Street, #TH
Last Ask: $14,750,000

#7. The Cortland, #21BW
Last Ask: $15,250,000

The Cortland has 13 public availabilities from $3,750,000.

#6. 30 East 85th Street, #PENTHOUSE
Last Ask: $18,500,000

30 East 85th Street has 2 public availabilities from $2,795,000.

#5. The Yosemite, #10
Last Ask: $18,800,000

The Yosemite has 2 public availabilities from $3,750,000.

#4. Sutton Tower, #PH71
Last Ask: $19,500,000

Sutton Tower has 8 public availabilities from $2,550,000.

#3. The Cortland, #21AW
Last Ask: $21,500,000

The Cortland has 13 public availabilities from $3,750,000.

#2. One High Line, #WESTPH32B
Last Ask: $23,600,000

One High Line has 13 public availabilities from $2,230,000.

#1. One Madison, #PH
Last Ask: $28,500,000 (-26%)

One Madison has 3 public availabilities from $3,650,000.

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Nearly $550M in Manhattan contracts include Claire Danes and Hugh Dancy's Village townhouse; $80M in deals signed at One High Line and The Cortland

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NYC Contracts: $80M trophy penthouse signed at 80 Clarkson; One High Line's last penthouse finds a buyer