The first week of September 2025 was an abbreviated one for business due to the Labor Day holiday on Monday, September 1. Nevertheless, the number of contracts signed rose 15% week-over-week, and the aggregate dollar amount climbed by 20%. During this time, eight of the week's 20 highest-priced contracts were sponsor units in new developments.
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Less than a month after it last held the distinction, super-skinny supertall 111 West 57th Street was home to the week's highest-priced contract again. Tower Residence #58, a full-floor three-bedroom overlooking Central Park, was asking $22 million. This represents a nearly 21% reduction from the $27.75 million the sponsor sought when the building was marketed off floor plans, but it still had the top spot by a comfortable margin.
With this contract, only a handful of public availabilities remains at 111 West 57th Street. These include a duplex in the landmarked Steinway Hall component of the project, two floor-through units, a duplex penthouse, and a quadruplex penthouse on the uppermost floors.
With this contract, only a handful of public availabilities remains at 111 West 57th Street. These include a duplex in the landmarked Steinway Hall component of the project, two floor-through units, a duplex penthouse, and a quadruplex penthouse on the uppermost floors.
View of TriBeCa's Hudson River waterfront from 250 West Street, #9A, top Downtown contract (Corcoran Group) | https://www.cityrealty.com/nyc/tribeca/250-west-street/apartment-9A/EFnsRmrB
It was trailed by Residence #9A at 250 West Street, a warehouse turned luxury condominium on the Tribeca waterfront. The $14.5 million asking price, the week's top Downtown deal and second-highest overall, includes the four-bedroom unit and two private storage rooms.
The four-bedroom apartment beautifully pairs original details like arched windows and high ceilings with modern touches like automated blackout shades, a state-of-the-art kitchen, and a luxurious primary suite. Public records show that the seller paid $11.85 million for it in June 2016.
The four-bedroom apartment beautifully pairs original details like arched windows and high ceilings with modern touches like automated blackout shades, a state-of-the-art kitchen, and a luxurious primary suite. Public records show that the seller paid $11.85 million for it in June 2016.
A similar marriage of Old World design details and modern amenities was on display in the week's top co-op contract. Residence #13C at 888 Park Avenue was asking nearly $13 million in the week's third-highest ask overall. Features like coffered ceilings, wood-burning fireplaces, and herringbone wood floors pair well with an eat-in chef's kitchen and luxurious primary suite with walk-through dressing room. Public records show that the unidentified seller paid $5.4 million for it in October 2009.
Private terrace at The Caledonia, #1509/10 (Corcoran Group) | https://www.cityrealty.com/nyc/chelsea/caledonia-450-west-17th-street/apartment-150910/dBUPFVaGpmfdR
In West Chelsea, condo/rental Caledonia is located a short distance from the High Line, Little Island, and the recently opened public plaza in front of One High Line. However, Residence #1509/10 has its own outdoor escape, a private terrace with custom lighting, outdoor speakers and views of the Manhattan skyline. Interiors feature a living area with triple exposures, a kitchen with premium appliances, and an ultra-private primary suite. It had the week's ninth-highest contract with a $6.3 million ask.
Linea | https://www.cityrealty.com/nyc/chelsea/linea-428-west-19th-street/188893
A short distance from Caledonia, a total of $5.03 million across three contracts was signed at Linea, a new development boutique condominium. Like all units in the building, these one-bedrooms feature high ceilings, wide plank white oak flooring, oversized windows, Nest thermostats, Miele washers and dryers, and kitchens with Miele appliances. The building is open for immediate occupancy, and current availabilities range from a studio for $1.3 million to a four-bedroom penthouse with private terrace for $9.95 million.
View of the High Line above One High Line's public plaza. Toll Brothers' newly acquired site can be seen across Tenth Avenue with the Caledonia standing to the right (CityRealty)
The High Line inspired a wave of eye-catching residential buildings that make the most of views of the Hudson River as well as the elevated park, and area development shows no sign of slowing down. As the Faena Hotel finally opens, across Tenth Avenue developer Toll Brothers entered contract to buy a development site at 118 Tenth Avenue, just a block north of the Caledonia, for $53 million. An office property had previously been planned for the site, but a new residential tower (likely condos) will reportedly take shape instead.
The Westly, home to two of the week's ten most expensive contracts
Also of note, a total of $17.37 million across two contracts was signed at The Westly. Residence #15BC, a proposed five-bedroom combination opportunity, entered contract just shy of $11 million in the week's fourth-highest contract overall. One floor up, Residence #16C had the week's eighth-highest ask at approximately $6.4 million. The unique shape of the building allows for unique floor plans, ultra-private homes, and a rare rooftop pool on the Upper West Side. The deals bring the building to over 80% sold.
149 Saint Marks Avenue, #TH (Corcoran Group) | https://www.cityrealty.com/nyc/prospect-heights/149-saint-marks-avenue/apartment-/bdwRPoFoN
In Brooklyn, 149 Saint Mark's Avenue had the borough's highest-priced contract and the week's top townhouse contract with a $5.05 million ask. The Neo-Georgian townhouse comprises an owner's triplex and a garden apartment, and original details have been beautifully preserved throughout. It is located in the heart of the Prospect Heights Historic District near Grand Army Plaza, Vanderbilt Avenue dining, and the B/Q and 2/3 trains.
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On the new development front, Park Slope condominium The Ainsley was the week's best-performing new development in terms of the number of contracts signed. A total of $12.12 million across seven contracts was signed in the low-rise boutique building. The building has over 10,000 square feet of indoor and outdoor residential amenities, and is located near Prospect Park, Nitehawk Cinema, and many popular local restaurants. The building is over 90% sold, and the one public availability is a three-bedroom asking $2.25 million.
The Ainsley (Nest Seekers International) | https://www.cityrealty.com/nyc/park-slope/the-ainsley-228-13th-street/190774
Top NYC Contracts: September 1-7, 2025
#9. Caledonia, #150910
Last Ask: $6,295,000 (-9.4%)
Chelsea | Condominium | 4 Bedrooms, 2.5 Baths | 2,500 ft2
Caledonia, #150910 (Corcoran Group)
#8. The Westly, #16C
Last Ask: $6,375,000
Riverside Dr./West End Ave. | Condominium | 3 Bedrooms, 3.5 Baths | 2,467 ft2
The Westly, #16C (Reuveni LLC)
#7. 87 Leonard, #MAIS1B
Last Ask: $7,950,000 (-11.7%)
Tribeca | Condominium | 6+ Bedrooms, 5.5 Baths | 7,414 ft2
87 Leonard, #MAIS1B (CORE Group Marketing LLC)
#6. Carlton House, #7E
Last Ask: $8,195,000
Park/Fifth Ave. to 79th St. | Condop | 3 Bedrooms, 3.5 Baths | 2,360 ft2
Carlton House, #7E (Douglas Elliman Real Estate)
#5. 255 East 77th Street, #29B
Last Ask: $8,600,000
Lenox Hill | Condominium | 4 Bedrooms, 4.5 Baths | 2,858 ft2
255 East 77th Street, #29B (Compass)
#4. The Westly, #15BC
Last Ask: $10,995,000
Riverside Dr./West End Ave. | Condominium | 5 Bedrooms, 5.5 Baths | 3,840 ft2
The Westly, #15BC (Reuveni LLC)
#3. 888 Park Avenue, #13C
Last Ask: $12,995,000
Park/Fifth Ave. to 79th St. | Cooperative | 4 Bedrooms, 4.5 Baths | 3,750 ft2
888 Park Avenue, #13C (Modlin Group LLC)
#2. 250 West Street, #9A
Last Ask: $14,500,000
Tribeca | Condominium | 4 Bedrooms, 4.5 Baths | 4,100 ft2
250 West Street, #9A (Corcoran Group)
#1. 111 West 57th Street, #58
Last Ask: $22,000,000
Midtown West | Condominium | 3 Bedrooms, 3.5 Baths | 4,183 ft2
111 West 57th Street, #58 (Sothebys International Realty)
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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