Price Cuts: Irving Berlin's former penthouse now half off; 2-bed condo in W Downtown now 42% off

By CityRealty Staff | From Future New York Wednesday, March 26, 2025

130 East End Avenue, #PHB (Brown Harris Stevens)

Panoramic skyline and river views are often the first thing to attract New York City buyers’ attention, but it is important to remember that outside of heavily protected historic districts, these are not guaranteed to last forever. That was driven home in a lawsuit filed earlier this week, when the owners of a penthouse at 520 Park Avenue alleged that the building’s developers, William and Arthur Zeckendorf, hid the fact that Extell Development’s forthcoming project at the nearby 655 Madison Avenue could block the views of Central Park that made the penthouse such a prize (h/t Crain’s New York Business).

W New York Downtown Hotel and Residences (right-hand side) will have most of its north and south views blocked by new skyscrapers

The penthouse buyers may have learned about fleeting views the hard way, but owners at W Residences know this firsthand: When the building was completed in 2010, it was one of the tallest buildings in the Financial District, and residents enjoyed open views of New York Harbor and the Manhattan skyline. However, One World Trade Center opened a few years later, blocking many views, and two projects on the rise threaten to obliterate all northern and southern views from the apartments. The long-deferred 5 World Trade Center is taking shape to the north, and this massive mixed-use tower will include 1,200 new housing units, 400 of which will be affordable. To the south, Link Apartments 8 Carlisle will rise over 800 feet high.

Moreover, when W New York Downtown Hotel and Residences (as it was then known) opened to great aplomb, condo owners enjoyed access to the hotel’s amenities and services. However, the hotel closed during the pandemic and never reopened its doors, and a replacement hospitality tenant never moved in. As a result, the owners lost access to the amenities, not to mention value on their apartments: Some listings have sat on the market for as long as two years, many have experienced price reductions, and the average price per square foot has plummeted from its 2016 high of $2,083 per square foot to last year's $1,216.

5 World Trade Center rendering with W New York behind it (Kohn Pedersen Fox)

Sales data for W Downtown (CityRealty)

A penthouse at 130 East End Avenue enjoys open views of the East River from a private terrace, not to mention a claim to fame with a link to American songbook composer Irving Berlin. However, the Yorkville market has become increasingly crowded in recent years with new, amenity-rich buildings that might be stealing this one's thunder. The penthouse was listed for $10.3 million in June 2022, and has been on and off the market at gradually lower prices since then. Its most recent brings it down to $5,250,000.

These listings were among over 250 condos, co-ops, condops, and townhouses across New York City that experienced price reductions from March 18-24, 2025. 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.

-14.6% | -$1,749,999

The Spears Building, #3AF
$10,245,000

Chelsea | Condominium | 5 Bedrooms, 4 Baths | 5,971 ft²

The Spears Building, #3AF (Compass)

From the Listing: Combining two lofts to create the largest home in the building, Residence 3AF offers 5 true bedrooms, 4 full bathrooms, and multiple versatile spaces to customize as your own. High ceilings, original details, and three generous exposures - including views of The High Line - make this a unique opportunity for the buyer seeking volume, light, and character. The apartment highlights the rich industrial history of the building with exposed brick, brushed concrete and brick framed large windows, and high ceilings throughout. See floor plan and full details here.

-12.6% | -$1,005,000

Yves, #PHB
$6,995,000

Chelsea | Condominium | 3 Bedrooms, 3.5 Baths | 3,008 ft²

Yves, #PHB (Compass)

From the Listing: Conveniently positioned high above Central Chelsea, equidistant to West Chelsea/Hudson Yards, the Flatiron District/Union Square, and Greenwich Village just four streets south, this impressive triplex penthouse delivers unprecedented volume, light, and big views. Upon entry off the semi-private landing, you are immediately drawn to the living room with its three walls of 20-foot+ floor-to-ceiling windows that embrace the breathtaking views north, east and west. The epic living room flows seamlessly into the dining area, ideal for entertaining lavishly or intimately. Storage space included. See floor plan and full details here.

-7.2% | -$500,000

The Apthorp, #11EN
$6,495,000

Riverside Dr./West End Ave. | Condominium | 3 Bedrooms, 3.5 Baths | 2,907 ft²

The Apthorp, #11EN (Douglas Elliman Real Estate)

From the Listing: Welcome home to your gut renovated stunning corner residence at the famed Apthorp Condominium. Upon entering the foyer, one realizes that this is a very special place to call home. This home features direct, glorious river views with excellent sunlight and combines many elegant pre-war details, including beautiful moldings, fireplaces, and a formal dining room with modern finishes including central air, modern baths and a large chef's kitchen. See floor plan and full details here.

-23.1% | -$1,651,000

Fifteen Hudson Yards, #66B
$5,499,000

Midtown West | Condominium | 2 Bedrooms, 2.5 Baths | 2,320 ft²

Fifteen Hudson Yards, #66B (Douglas Elliman Real Estate)

From the Listing: Panoramic views of the Hudson River, Lower Manhattan and beyond, adorn this prized high floor residence traversing 2,330 square feet. Open your door and step in to your gallery foyer; the perfect place to showcase your art collection. The expansive corner great room with floor-to-ceiling windows, combines living, dining and a beautiful open kitchen with an incredible marble island, custom cabinetry, and a suite of Miele appliances. Breathtaking skyline views surround every room in this unique home. See floor plan and full details here.

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-49% | -$5,050,000

130 East End Avenue, #PHB
$5,250,000

Yorkville | Cooperative | 4 Bedrooms, 4.5 Baths

130 East End Avenue, #PHB (Brown Harris Stevens Residential Sales LLC)

From the Listing: From this penthouse you can watch the sunrise from the wide planted terrace to the east at the beginning of the day and then see it set at the end of the day at the west side of the terrace. The upper entertaining level is surrounded by a large planted terrace facing east, south, and west. The living room has a wood-burning fireplace and floor-to-ceiling sliding doors enabling easy access for indoor/outdoor living. The lower level has a primary bedroom suite which includes a wood-burning fireplace, a breakfast bar, a large dressing room, and a spacious well designed bathroom. See floor plan and full details here.

-25.1% | -$1,259,999

77 Greenwich Street, #31A
$3,765,000

Financial District | Condominium | 3 Bedrooms, 3.5 Baths | 1,983 ft²

77 Greenwich Street, #31A (Reuveni LLC)

From the Listing: Residence 31A is a brand-new three-bedroom home that includes floor to ceiling crystalline glass windows allowing for an abundance of natural light, stunning water views and soaring ceilings of close to 11’. The gracious entryway features custom millwork and stone flooring. The Deborah Berke custom designed European Poliform kitchen is equipped with an elegant, honed Blue de Savoie marble countertop and backsplash, Grohe faucets, and fully-integrated top-of-the-line appliances. See floor plan and full details here.

-14.1% | -$600,000

The Dillon, #409
$3,650,000

Midtown West | Condominium | 5 Bedrooms, 4 Baths | 2,273 ft²

The Dillon, #409 (Corcoran Group)

From the Listing: Townhouse living with boutique, luxury condominium amenities in the heart of New York City! The main floor offers an expansive living/dining room, open chef's kitchen, fifth bedroom / media room and a full bath. On the second floor, the south facing primary suite is a sanctuary of comfort with a large sitting area, spa-like en-suite bathroom, and a large, fully outfitted walk-in closet. See floor plan and full details here.

-19.9% | -$794,999

24 Central Park South, #19E
$3,200,000

Midtown West | Cooperative | 2 Bedrooms, 2.5 Baths

24 Central Park South, #19E (Douglas Elliman Real Estate)

From the Listing: Located in a building with only two apartments per floor, Residence #19E provides a great opportunity to create an unforgettable residence at one of the city's signature addresses. Opening from a dramatically angled foyer, the spacious living room boasts 8'9" ceilings and a stunning view of Central Park and the classic towers of Upper Fifth Avenue. The amazing 596-square-foot terrace runs the entire north-south length of the apartment and provides ample space for gardening and alfresco dining as well as continuing the Central Park views. See floor plan and full details here.

-11.6% | -$395,000

The Ramondo, #17A
$3,000,000

Park/Fifth Ave. to 79th St. | Cooperative | 2 Bedrooms, 3 Baths

The Ramondo, #17A (Brown Harris Stevens Residential Sales LLC)

From the Listing: Step inside this elegant, sun-drenched apartment, perfectly positioned on the 17th floor of a coveted Park Avenue white glove building, with a semi-private landing. This 6-room, complete with a staff room and bath, offers a luxurious blend of sophistication and elegance perfect for entertaining and everyday living. An east-facing sunny limestone balcony off the living room provides sweeping views of Park Avenue.

Apartment comes with a separate ground floor staff room and shared bath that transfers with purchase. There is also a storage cage in basement included. See floor plan and full details here.

-3.4% | -$90,000

14 Second Avenue, #2
$2,585,000

East Village | Condominium | 3 Bedrooms, 2 Baths | 1,673 ft²

14 Second Avenue, #2 (Douglas Elliman Real Estate)

From the Listing: Residence #2 offers the perfect blend of modern sophistication and comfortable living. Upon entering, you'll be greeted by a spacious living room adorned with large windows that bathe the interior in natural light. The open floor plan seamlessly connects the living area to the dining space and kitchen. The well-appointed contemporary kitchen tailored to the chef, is styled with custom Italian cabinets by Dom Interiors, Laminam Ceramic countertops with tempered-back painted etched backsplashes, sleek dark matte Dornbracht fixtures, and premium integrated appliances by Miele and Bosch. See floor plan and full details here.

-4.1% | -$95,000

Sky House, #27C
$2,200,000

Flatiron/Union Square | Condominium | 2 Bedrooms, 2 Baths | 1,374 ft²

Sky House, #27C (Douglas Elliman Real Estate)

From the Listing: Magnificent views await you every time you come home to this beautiful home. All rooms are outfitted with gorgeous Italian furniture and built-ins from Poliform, a leader in hi end Italian furnishings. Interiors feature a chef's kitchen and an additional island for casual dining. There are beautiful wooden floors throughout and all closets have been custom outfitted. Apartment comes with 2 leased storage units. See floor plan and full details here.

-41.7% | -$1,249,999

W Residences, #38GH
$1,750,000

Financial District | Condominium | 2 Bedrooms, 2 Baths | 1,314 ft²

W Residences, #38GH (Douglas Elliman Real Estate)

From the Listing: Views of 9/11 Memorial Park, Statue of Liberty, the river, city of Manhattan and beyond from every window of your residence. W service and hotel amenities are available 24/7/365. David Rockwell designed Lobby See floor plan and full details here.

-12.4% | -$226,000

1059 Manhattan Avenue, #2D
$1,599,000

Greenpoint | Condominium | 2 Bedrooms, 2 Baths

1059 Manhattan Avenue, #2D (Serhant)

From the Listing: Live in an impeccably designed Greenpoint condo that features a massive private backyard that will become your own personal outdoor oasis. Apartment 2D incredibly also has a second private outdoor space- a covered terrace perfect for dining or lounging just off the living room. The apartment itself features an ideal split bedroom layout and two full bathrooms as well as a brand new washer and ventless dryer. Tax abatement until 2027. See floor plan and full details here.

-4.8% | -$80,000

Rutherford Place, #516
$1,595,000

Gramercy Park | Condominium | 2 Bedrooms, 1 Bath | 1,170 ft²

Rutherford Place, #516 (Compass)

From the Listing: Oversized loft-style unit boasts soaring 16-foot ceilings, 10-foot casement windows, in-unit washer/dryer, a dining area converted to a second bedroom, and a nursery/home office. The windowed chef's kitchen comes outfitted with granite countertops, Poggenpohl cabinetry, and high-end appliances. See floor plan and full details here.

-14.7% | -$250,000

The Armstead, #4C
$1,449,000

Riverside Dr./West End Ave. | Cooperative | 2 Bedrooms, 2 Baths

The Armstead, #4C (Douglas Elliman Real Estate)

From the Listing: Experience the charm of prewar architecture combined with modern style and the benefits of new construction. The spacious layout features a large, south-facing living room filled with natural light, perfect for both relaxation and entertaining. The chef's kitchen inspires culinary creativity with its Fabuwood cabinetry, granite countertops, and top-of-the-line appliances. Sponsor unit - no board approval required. See floor plan and full details here.

-8.3% | -$124,999

81 Bedford Street, #4B
$1,375,000

West Village | Cooperative | 1 Bedroom, 1 Bath

81 Bedford Street, #4B (Compass)

From the Listing: This gracious and bright home on a coveted West Village block has an expansive living room with treetop views, and enough space to accommodate large sectional seating and a dining table. The windowed kitchen has been renovated with clean white cabinetry and marble countertops, built-in water filtration system with separate tap, and full sized, stainless steel appliances. See floor plan and full details here.

-17.5% | -$210,000

293 Riverside Drive, #3A/4A
$990,000

Riverside Dr./West End Ave. | Cooperative | 2 Bedrooms, 2 Baths

293 Riverside Drive, #3A/4A (Compass)

From the Listing: If you are enchanted by a Parisian apartment experience, consider this lovely co-op in Manhattan, a two-bedroom duplex, located in a former historic Beaux-Art mansion. All the windows, including two very large bay-style windows, face onto leafy Riverside Park and the Hudson River. The uber-light-filled apartment has gracious living and dining rooms, and a kitchen that includes a Liebherr refrigerator. A quarterly assessment, which ends December 2026, will be covered by the seller. See floor plan and full details here.

-2.1% | -$19,999

The Rennie, #614
$925,000

Harlem | Condominium | 2 Bedrooms, 2 Baths | 903 ft²

The Rennie, #614 (Brown Harris Stevens Development Marketing LLC)

From the Listing: Settle in to the Harlem Beat with this bright, chic 2-bedroom home facing a quiet, landscaped courtyard. Gorgeous picturesque windows with lovely sills frame views of a historical Neo-Gothic limestone church, elevating the ambiance inside your home. Gray oak floors are featured throughout, complementing the natural light that fills the spacious home. The true galley kitchen features modern quartz countertops with a mosaic glass tile backsplash.

25-year tax abatement in effect. Ask about interest rate buy-down options. See floor plan and full details here.

-9.9% | -$99,000

Greenwich Club, #3505
$900,000

Financial District | Condominium | 1 Bedroom, 1 Bath | 681 ft²

Greenwich Club, #3505 (Compass)

From the Listing: This oversized one-bedroom on a high floor boasts ample storage especially in the kitchen, an expansive dining area and separate living space for you to create your oasis within the city. Name brand appliances, including Sub-Zero refrigerator, Viking range and brand new dishwasher, accompany a deep soaking tub in the bathroom for ultimate enjoyment of the apartment. See floor plan and full details here.

-18.6% | -$200,000

The Braender, #41
$875,000

Central Park West | Condominium | 1 Bedroom, 1 Bath | 722 ft²

The Braender, #41 (Douglas Elliman Real Estate)

From the Listing: Charming one-bed features bright southeast exposures with direct Central Park views, large bay windows in the living room, high ceilings, original pre-war details, windowed eat-in kitchen with new appliances and tile flooring, newly renovated windowed bathroom, new doors throughout, hardwood floors and generous closet space. See floor plan and full details here.

-13.2% | -$124,995

122 Palmetto Street, #1R
$825,000

Bushwick | Condominium | 1 Bedroom, 1.5 Baths | 1,152 ft²

122 Palmetto Street, #1R (Douglas Elliman Real Estate)

From the Listing: This spacious one-bedroom duplex offers floor-to-ceiling windows, northern and southern exposures, a verdant backyard and generous downstairs recreation space - complete with a half bath. Spiraling up the modern staircase you will find the main level, where the living space here is open concept and is as functional as it is comfortable. Sponsor will pay sponsor attorney fees, transfer taxes and 12 months of common charges. See floor plan and full details here.

-9.5% | -$49,999

44 West 96th Street, #5A
$475,000

Central Park West | Cooperative | 1 Bedroom, 1 Bath

44 West 96th Street, #5A (Douglas Elliman Real Estate)

From the Listing: This charming apartment, located half a block from Central Park, offers lovely original architectural details, sun-filled rooms and complete with your own storage unit. The living room is surrounded by beautiful original wood moldings, French doors, hardwood floors, and 9.5' ceilings. The French doors lead you to the large bedroom that features built-in bookcases, exposed brick and plenty of area for a work desk. Bring your architect! See floor plan and full details here.

-12.4% | -$60,000

310 West 56th Street, #10E
$425,000

Midtown West | Cooperative | Studio, 1 Bath

310 West 56th Street, #10E (Modlin Group LLC)

From the Listing: Welcome to this bright and airy high-floor alcove studio, featuring a stunning 20-foot expanse of windows that showcase the Norman Foster-designed Hearst Tower. This charming space includes a new air conditioning unit, ample closet storage, hardwood flooring, and a fully renovated bathroom equipped with a large vanity and glass tub enclosure. The updated kitchen boasts an LG microwave, LG refrigerator, dishwasher, and gas range, with the potential to easily convert the layout into a one-bedroom. See floor plan and full details here.

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In this article:

-14.6% | -$1,749,999

The Spears Building, #3AF
$10,245,000

-12.6% | -$1,005,000

Yves, #PHB
$6,995,000

-7.2% | -$500,000

The Apthorp, #11EN
$6,495,000

-23.1% | -$1,651,000

Fifteen Hudson Yards, #66B
$5,499,000

Select which properties are of interest to you:

-49% | -$5,050,000

130 East End Avenue, #PHB
$5,250,000

-25.1% | -$1,259,999

77 Greenwich Street, #31A
$3,765,000

-14.1% | -$600,000

The Dillon, #409
$3,650,000

-19.9% | -$794,999

24 Central Park South, #19E
$3,200,000

-11.6% | -$395,000

The Ramondo, #17A
$3,000,000

-3.4% | -$90,000

14 Second Avenue, #2
$2,585,000

-4.1% | -$95,000

Sky House, #27C
$2,200,000

-41.7% | -$1,249,999

W Residences, #38GH
$1,750,000

-12.4% | -$226,000

1059 Manhattan Avenue, #2D
$1,599,000

-4.8% | -$80,000

Rutherford Place, #516
$1,595,000

-14.7% | -$250,000

The Armstead, #4C
$1,449,000

-8.3% | -$124,999

81 Bedford Street, #4B
$1,375,000

-17.5% | -$210,000

293 Riverside Drive, #3A/4A
$990,000

-2.1% | -$19,999

The Rennie, #614
$925,000

-9.9% | -$99,000

Greenwich Club, #3505
$900,000

-18.6% | -$200,000

The Braender, #41
$875,000

-13.2% | -$124,995

122 Palmetto Street, #1R
$825,000

-9.5% | -$49,999

44 West 96th Street, #5A
$475,000

-12.4% | -$60,000

310 West 56th Street, #10E
$425,000

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In this article:

-14.6% | -$1,749,999 The Spears Building, #3AF$10,245,000

-12.6% | -$1,005,000 Yves, #PHB$6,995,000

-7.2% | -$500,000 The Apthorp, #11EN$6,495,000

-23.1% | -$1,651,000 Fifteen Hudson Yards, #66B$5,499,000

Select which properties are of interest to you:

-49% | -$5,050,000 130 East End Avenue, #PHB$5,250,000

-25.1% | -$1,259,999 77 Greenwich Street, #31A$3,765,000

-14.1% | -$600,000 The Dillon, #409$3,650,000

-19.9% | -$794,999 24 Central Park South, #19E$3,200,000

-11.6% | -$395,000 The Ramondo, #17A$3,000,000

-3.4% | -$90,000 14 Second Avenue, #2$2,585,000

-4.1% | -$95,000 Sky House, #27C$2,200,000

-41.7% | -$1,249,999 W Residences, #38GH$1,750,000

-12.4% | -$226,000 1059 Manhattan Avenue, #2D$1,599,000

-4.8% | -$80,000 Rutherford Place, #516$1,595,000

-14.7% | -$250,000 The Armstead, #4C$1,449,000

-8.3% | -$124,999 81 Bedford Street, #4B$1,375,000

-17.5% | -$210,000 293 Riverside Drive, #3A/4A$990,000

-2.1% | -$19,999 The Rennie, #614$925,000

-9.9% | -$99,000 Greenwich Club, #3505$900,000

-18.6% | -$200,000 The Braender, #41$875,000

-13.2% | -$124,995 122 Palmetto Street, #1R$825,000

-9.5% | -$49,999 44 West 96th Street, #5A$475,000

-12.4% | -$60,000 310 West 56th Street, #10E$425,000

Select which properties are of interest to you:

Listings in this article

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Company

-14.6% | -$1,749,999

The Spears Building, #3AF
$10,245,000

-12.6% | -$1,005,000

Yves, #PHB
$6,995,000

-7.2% | -$500,000

The Apthorp, #11EN
$6,495,000

-23.1% | -$1,651,000

Fifteen Hudson Yards, #66B
$5,499,000

-49% | -$5,050,000

130 East End Avenue, #PHB
$5,250,000

-25.1% | -$1,259,999

77 Greenwich Street, #31A
$3,765,000

-14.1% | -$600,000

The Dillon, #409
$3,650,000

-19.9% | -$794,999

24 Central Park South, #19E
$3,200,000

-11.6% | -$395,000

The Ramondo, #17A
$3,000,000

-3.4% | -$90,000

14 Second Avenue, #2
$2,585,000

-4.1% | -$95,000

Sky House, #27C
$2,200,000

-41.7% | -$1,249,999

W Residences, #38GH
$1,750,000

-12.4% | -$226,000

1059 Manhattan Avenue, #2D
$1,599,000

-4.8% | -$80,000

Rutherford Place, #516
$1,595,000

-14.7% | -$250,000

The Armstead, #4C
$1,449,000

-8.3% | -$124,999

81 Bedford Street, #4B
$1,375,000

-17.5% | -$210,000

293 Riverside Drive, #3A/4A
$990,000

-2.1% | -$19,999

The Rennie, #614
$925,000

-9.9% | -$99,000

Greenwich Club, #3505
$900,000

-18.6% | -$200,000

The Braender, #41
$875,000

-13.2% | -$124,995

122 Palmetto Street, #1R
$825,000

-9.5% | -$49,999

44 West 96th Street, #5A
$475,000

-12.4% | -$60,000

310 West 56th Street, #10E
$425,000