From April 8-14, 2026, over 250 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions. The week-over-week increase seemed to mark a return to business after the spring holidays, and included multiple mid-level reductions as opposed to deep cuts. Additionally, while co-ops showed small, steady reductions, newer condos and luxury buildings showed bigger price cuts by dollar amount.
Last week's price cuts included two units at Turtle Bay Towers, a design school turned printing factory turned AIA Award-winning residential building. Following a 1974 gas explosion that funneled up the elevator shaft at the edge of the building, RKTB Architects cut away the damaged shafts and, in the process, created a street-level courtyard that opened up the west wall to natural light. This decreased the building's volume, and zoning regulations allowed the lost space to be gained by installing greenhouse-style windows on the exterior of many upper floors, creating even more eye-catching, light-filled apartments in the process.
In this article:
-1.7% | -$10,000
Turtle Bay Towers, #21F
$569,000
Turtle Bay/United Nations | Condop | Studio, 1 Bath | 685 ft2
Turtle Bay Towers, #21F (Howard Hanna NYC)
For the interiors, industrial features like 12' ceilings and 8' windows would be equally desirable in residences, but the lack of uniform floor layouts made it difficult to bring in enough light. Architects worked around that problem by avoiding interior partitions to let in light and making the most of the high ceilings to create sleeping or working lofts. gb&d (Green Building & Design) Magazine notes that the conversion took place at a time when artists' live-work lofts were rising in popularity; in the present day, with office-to-residence conversions taking place all over New York City, Turtle Bay Towers offers a solid example for adaptive reuse projects.
Last week's price cuts also included 763 Greenwich Street, a Greek Revival-style house located just outside the Greenwich Village Historic District and both extensions. The house dates back to 1831, and period details inside and out were carefully preserved amidst a renovation that included an elevator, custom millwork, state-of-the-art infrastructure, and a basement-level wine cellar and laundry room with dual washers and dryers.
Emmy Award-winning actor Kiefer Sutherland bought the house for $8 million in 2008, at the height of his success on 24. He sold it for $17.5 million in 2012, and it changed hands again for $17.75 million in March 2015. It has been on and off the market since October 2023, when it was listed for $25.5 million, and listing broker Chris Poore of Sotheby's International Realty told Mansion Global that the sellers were only moving because it was a long commute to their children's uptown school. The latest price cut brings it down to $18.5 million.
-27.5% | -$7,000,000
763 Greenwich Street, #TH
$18,500,000
West Village | Townhouse | 5 Bedrooms, 5.5 Baths
763 Greenwich Street, #TH (Sothebys International Realty)
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
-10.7% | -$1,800,000
The Dakota, #74
$14,950,000
Central Park West | Cooperative | 4 Bedrooms, 2.5 Baths
The Dakota, #74 (Douglas Elliman Real Estate)
-22.0% | -$2,525,000
The Treadwell, #PH
$8,975,000
Lenox Hill | Condominium | 4 Bedrooms, 3.5 Baths | 2,899 ft2
The Treadwell, #PH (Brown Harris Stevens Development Marketing LLC)
-29.9% | -$3,740,000
205 West 19th Street, #11
$8,750,000
Chelsea | Cooperative | 4 Bedrooms, 4.5 Baths | 5,400 ft2
205 West 19th Street, #11 (Serhant)
-36.9% | -$3,650,000
137 East 66th Street, #4/5A
$6,250,000
Lenox Hill | Cooperative | 4 Bedrooms, 4 Baths
137 East 66th Street, #4/5A (Corcoran Group)
-7.8% | -$505,000
The San Remo, #5G
$5,995,000
Central Park West | Cooperative | 3 Bedrooms, 2.5 Baths
The San Remo, #5G (Compass)
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-15.7% | -$1,020,000
2 East 80th Street, #7
$5,475,000
Carnegie Hill | Cooperative | 5 Bedrooms, 5.5 Baths
2 East 80th Street, #7 (Leslie J Garfield & Co Inc)
-23.1% | -$1,500,000
208 Vanderbilt Avenue, #TH
$5,000,000
Clinton Hill | Townhouse | 3 Bedrooms, 2.5 Baths | 3,300 ft2
208 Vanderbilt Avenue, #TH (Corcoran Group)
-16.7% | -$1,000,000
45 West 67th Street, #31A
$4,995,000
Central Park West | Condominium | 3 Bedrooms, 3 Baths | 2,307 ft2
45 West 67th Street, #31A (Douglas Elliman Real Estate)
-10.9% | -$545,000
1049 Park Avenue, #14BC
$4,450,000
Carnegie Hill | Cooperative | 5 Bedrooms, 4.5 Baths
1049 Park Avenue, #14BC (Sothebys International Realty)
-15.1% | -$700,000
Liberty Lofts, #4B
$3,950,000
Central Park West | Condominium | 2 Bedrooms, 3 Baths | 2,331 ft2
Liberty Lofts, #4B (Sothebys International Realty)
-20.2% | -$950,000
The Dunhill, #15B
$3,750,000
Yorkville | Condominium | 4 Bedrooms, 5.5 Baths | 3,380 ft2
The Dunhill, #15B (Brown Harris Stevens Residential Sales LLC)
-17.9% | -$700,000
455 Central Park West, #11
$3,200,000
Central Park West | Condominium | 4 Bedrooms, 4 Baths | 4,146 ft2
455 Central Park West, #11 (Compass)
-14.3% | -$500,000
290 West End Avenue, #14C
$2,995,000
Broadway Corridor | Cooperative | 3 Bedrooms, 2.5 Baths
290 West End Avenue, #14C (Douglas Elliman Real Estate)
-9.1% | -$300,000
The Yorkgate, #13G
$2,995,000
Yorkville | Cooperative | 4 Bedrooms, 4 Baths
The Yorkgate, #13G (Corcoran Group)
-8.5% | -$245,000
The Royal York I, #EPHABC
$2,650,000
Lenox Hill | Condop | 4 Bedrooms, 4 Baths
The Royal York I, #EPHABC (Serhant)
-13.8% | -$400,000
357 West 12th Street, #1E
$2,495,000
West Village | Condominium | 2 Bedrooms, 2 Baths | 1,828 ft2
357 West 12th Street, #1E (Compass)
-22.2% | -$710,000
D'Arte House, #4
$2,490,000
Tribeca | Condominium | 1 Bedroom, 2 Baths | 2,490 ft2
D'Arte House, #4 (Compass)
-6.4% | -$151,000
Atrium at Chelsea, #2B
$2,199,000
Chelsea | Condominium | 2 Bedrooms, 2 Baths | 930 ft2
Atrium at Chelsea, #2B (The Agency Brokerage)
-2.7% | -$50,000
123 Baxter Street, #3A
$1,775,000
NoLiTa/Little Italy | Condominium | 2 Bedrooms, 2 Baths | 1,521 ft2
123 Baxter Street, #3A (Douglas Elliman Real Estate)
-15.4% | -$300,000
Kheel Tower, #5D
$1,650,000
Chelsea | Condominium | Studio, 1.5 Baths | 1,066 ft2
Kheel Tower, #5D (Corcoran Group)
-4.6% | -$75,000
The Chambord, #9B
$1,550,000
Lenox Hill | Condominium | 2 Bedrooms, Unknown Baths | 1,404 ft2
The Chambord, #9B (ENGEL & VOLKERS NEW YORK CITY)
-9.3% | -$125,000
952 Bushwick Avenue, #6B
$1,225,000
Bushwick | Condominium | 3 Bedrooms, 2 Baths | 1,194 ft2
952 Bushwick Avenue, #6B (Compass)
-8.2% | -$102,000
The View at East Coast, #406
$1,148,000
Long Island City | Condominium | 1 Bedroom, 1 Bath | 762 ft2
The View at East Coast, #406 (Compass)
-9.2% | -$101,000
The Volney, #7E
$999,000
Park/Fifth Ave. to 79th St. | Cooperative | 1 Bedroom, 1 Bath
The Volney, #7E (Compass)
-5.1% | -$50,000
Downtown by Starck, #904
$925,000
Financial District | Condominium | 1 Bedroom, 1 Bath | 1,200 ft2
Downtown by Starck, #904 (Coldwell Banker Warburg)
-5.7% | -$48,000
133 West 75th Street, #PARLOUR A
$799,000
Broadway Corridor | Cooperative | 1 Bedroom, 1 Bath
133 West 75th Street, #PARLOUR A (Compass)
-3.6% | -$26,000
The Ansonia, #850
$699,000
Broadway Corridor | Condominium | Studio, 1 Bath | 450 ft2
The Ansonia, #850 (Douglas Elliman Real Estate)
-15.5% | -$124,000
269 Clinton Avenue, #A2
$675,000
Clinton Hill | Cooperative | 1 Bedroom, 1 Bath
269 Clinton Avenue, #A2 (Compass)
10 Park Avenue, #12F (Corcoran Group)
-15.5% | -$85,000
137 West 142nd Street, #2B
$465,000
Harlem | Cooperative | 2 Bedrooms, 1 Bath
137 West 142nd Street, #2B (Compass)
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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