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Kiefer Sutherland by Paco Lalas - Own work, CC BY 3.0, https://commons.wikimedia.org/w/index.php?curid=8391141 Kiefer Sutherland by Paco Lalas - Own work, CC BY 3.0, https://commons.wikimedia.org/w/index.php?curid=8391141
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:

137 East 66th Street
137 East 66th Street Lenox Hill
The Treadwell, 249 East 62nd Street
The Treadwell, 249 East 62nd Street Lenox Hill
The Chambord, 350 East 72nd Street
The Chambord, 350 East 72nd Street Lenox Hill
The Royal York I, 425 East 63rd Street
The Royal York I, 425 East 63rd Street Lenox Hill
10 Park Avenue
10 Park Avenue Murray Hill
310 East 46th Street, Turtle Bay condop Turtle Bay Towers (RKTB Architects)

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.

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


The Dakota, #74 (Douglas Elliman Real Estate)

The Treadwell, #PH (Brown Harris Stevens Development Marketing LLC)

205 West 19th Street, #11 (Serhant)

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

The San Remo, #5G (Compass)
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2 East 80th Street, #7 (Leslie J Garfield & Co Inc)

208 Vanderbilt Avenue, #TH (Corcoran Group)

45 West 67th Street, #31A (Douglas Elliman Real Estate)

1049 Park Avenue, #14BC (Sothebys International Realty)

Liberty Lofts, #4B (Sothebys International Realty)

The Dunhill, #15B (Brown Harris Stevens Residential Sales LLC)

455 Central Park West, #11 (Compass)

290 West End Avenue, #14C (Douglas Elliman Real Estate)

The Yorkgate, #13G (Corcoran Group)

The Royal York I, #EPHABC (Serhant)

357 West 12th Street, #1E (Compass)

D'Arte House, #4 (Compass)

Atrium at Chelsea, #2B (The Agency Brokerage)

123 Baxter Street, #3A (Douglas Elliman Real Estate)

Kheel Tower, #5D (Corcoran Group)

The Chambord, #9B (ENGEL & VOLKERS NEW YORK CITY)

952 Bushwick Avenue, #6B (Compass)

The View at East Coast, #406 (Compass)

The Volney, #7E (Compass)

Downtown by Starck, #904 (Coldwell Banker Warburg)

133 West 75th Street, #PARLOUR A (Compass)

The Ansonia, #850 (Douglas Elliman Real Estate)

269 Clinton Avenue, #A2 (Compass)

10 Park Avenue, #12F (Corcoran Group)

137 West 142nd Street, #2B (Compass)

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  1. Select which properties are of interest to you:

Or call us at (212) 755-5544
Would you like to tour any of these properties?