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436 West 20th Street, #TH (Serhant); Emma Stone and Andrew Garfield (Eva Rinaldi - https://www.flickr.com/photos/evarinaldiphotography/13279087335/, CC BY-SA 2.0, https://commons.wikimedia.org/w/index.php?curid=32914092) 436 West 20th Street, #TH (Serhant); Emma Stone and Andrew Garfield (Eva Rinaldi - https://www.flickr.com/photos/evarinaldiphotography/13279087335/, CC BY-SA 2.0, https://commons.wikimedia.org/w/index.php?curid=32914092)
About 200 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions from January 13-19, 2026. These included six units at the Hudson Yards complex on the West Side - three at 35 Hudson Yards, the tallest building in the complex with a residential component, and three at Fifteen Hudson Yards, the gently bowed tower that also includes arts venue The Shed.
In July 2019, Related Companies chairman and Hudson Yards developer Stephen Ross listed his penthouse at Deutsche Bank Center in favor of a home in Hudson Yards (it has since changed hands again in the top sale of the week). More recently, both buildings ranked among New York City's top-selling buildings of 2025, but are located in a crowded luxury market. While the reductions are likely not an issue to potential buyers, they do call new attention to the high-floor homes with well-thought finishes and amenities in both towers.

35 Hudson Yards, #7801 (Corcoran Sunshine Marketing Group)

Last week's price cuts also included 436 West 20th Street, a townhouse that was built on land donated by Clement Clarke Moore (of "A Visit from St. Nicholas" fame) in 1835. Nearly 130 years later, actress/swimmer Frances Gaar bought the house for $12K in 1962. During her time there, she staged an underwater ballet for the 1964 World's Fair and rented rooms to many actors, most famously Academy Award nominee Glenn Close.
In the years following Ms. Gaar's death in 2008, the next owners continued to rent to actors, including former couple Emma Stone and Andrew Garfield, who lived there while filming The Amazing Spider-Man. Most recently, it has been restored to a single-family mansion. It was listed for $35.56 million in March 2025, but a price reduction brings it down to $29.9 million.

436 West 20th Street, #TH (Serhant)

A selection of notable listings, as well as a full chart of last week's price cuts, may be seen below. Please be advised that all quoted figures reflect cumulative price cuts, as opposed to the most recent reductions.



Recently reduced listings


19 East 92nd Street, #TH (Sothebys International Realty)

20 West 12th Street, #TH (Brown Harris Stevens Residential Sales LLC)

221 West 77th Street, #16 (Corcoran Group)

193 Waverly Place, #TH (Brown Harris Stevens Brooklyn LLC)

137 East 66th Street, #4/5A (Corcoran Group)

611 West 56th Street, #PH30 (Douglas Elliman Real Estate)

The Grand Beekman, #25A (Corcoran Group)

650 Park Avenue, #18C (Compass)

Berkeley House, #12DEF (Brown Harris Stevens Residential Sales LLC)

8 Charles Lane, #A (The Agency Brokerage)

Saxon Towers, #8AB (Corcoran Group)

Pierhouse at Brooklyn Bridge Park, #N405 (Compass)

Millennium Tower, #52E (Douglas Elliman Real Estate)

The Century, #20R (MAGNETIC)

850 Park Avenue, #1AF (Leslie J Garfield & Co Inc)

1 Fifth Avenue, #16A (Ann Weintraub Ltd)

115 East 61st Street, #PH (Coldwell Banker Warburg)

47 King Street, #5 (Douglas Elliman Real Estate)

The 155 Condominium, #21G (Sothebys International Realty)

One Central Park West, #306 (Douglas Elliman Real Estate)

The Parkway, #14E (Douglas Elliman Real Estate)

The Sandstone, #5 (Compass)

Park Gramercy, #5E (Compass)

East River Coop, #H1206 (Keller Williams NYC)

169 West 73rd Street, #4 (Corcoran Group)