Price Cuts: Mary Trump’s 565 Broome SoHo condo reduced; West Village townhouse once home to The New Yorker founder drops $1M

Mary Trump and her condo at 565 Broome Street, #N26A | Photo of Mary Trump by Jon Kline - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=167274241

CityRealty > Market Insight > Features > Future New York >

Thursday, Aug 13, 2026 By CityRealty Staff, CityRealty contributor

Last week, 150 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions. This is down slightly from last week's nearly 200 price cuts, and comes in the middle of a typically subdued summer sales season when some listings may be temporarily off the market, and when slower activity can also be seen in Manhattan's contracts and sales.

Price adjustments at new development Brooklyn condos

Kibo Residences, home of two recently reduced sales listings (YC Capital Group LLC)

The past week was a quiet time for new developments across the city, but two cuts took place at Kibo Residences, a newly converted boutique condominium in Williamsburg offering loft-style apartments with wabi sabi-inspired design, high ceilings, kitchens with Fisher & Paykel appliances, and primary baths with heated floors and towel racks. Additionally, the final availability at 501 8th Avenue, a Park Slope townhouse turned boutique condominium, had its price reduced

-7.4% | -$296,000

501 8th Avenue, #PARLOR
$3,699,000

Park Slope | Condominium | 3 Bedrooms, 3.5 Baths | 2,701 ft²

501 8th Avenue, #PARLOR (Douglas Elliman Real Estate)

From the Listing: Park Slope living reaches new heights in this expansive four-bedroom, three-and-a-half-bathroom duplex condominium offering refined interiors, exceptional natural light and a coveted location just one block from Prospect Park. The Parlor at 501 8th Avenue is set within a distinguished landmarked corner building, where classic Brooklyn architecture meets thoughtful modern design. Spanning 2,701 square feet of interior space and complemented by a 240-square-foot side yard, this home delivers an uncommon sense of scale, privacy and indoor-outdoor living. See floor plan and full details here.

-5.1% | -$160,000

Kibo Residences, #THA
$2,995,000

Williamsburg | Condominium | 2 Bedrooms, 2.5 Baths | 2,040 ft²

Kibo Residences, #THA (YC CAPITAL GROUP LLC)

From the Listing: KIBO Residences is inspired by the Japanese wabi-sabi design philosophy that expresses quiet luxury where beauty is found in imperfection, texture, and restraint rather than excess. TH-A is a triplex townhouse offering a refined expression of warmth, volume, and materiality. Ceiling heights exceeding 10 feet and two dramatic 20-foot double-height atriums anchor the home, visually and spatially connecting all three levels. See floor plan and full details here.

Mary Trump Trims price of Renzo Piano-designed condo in West SoHo

Last week's price cuts included a condo at 565 Broome Soho listed by Mary Trump, niece to the president and author of the memoir Too Much and Never Enough: How My Family Created the World's Most Dangerous Man. Public records show that she bought the three-bedroom home in Renzo Piano's only New York City residential building for $7 million in December 2021, shortly before her book was released. However, she did not stay long, but briefly listed it for $7.75 in 2023 before delisting it a few months later. More recently, she listed it for $8.5 million in June 2026 and has just trimmed $150K off the price, which would still allow her to net a small profit.

-1.8% | -$150,000

565 Broome SoHo, #N26A
$8,350,000

SoHo | Condominium | 3 Bedrooms, 3.5 Baths | 2,244 ft²

565 Broome SoHo, #N26A (Douglas Elliman Real Estate)

From the Listing: Arrive through the building's dramatic double-height lobby and porte-cochère before ascending via private elevator to Residence N26A - a spectacular 3-bedroom, 3.5-bathroom home perched on the 26th floor. Wrapped in floor-to-ceiling glass, this extraordinary residence showcases sweeping north and west exposures with mesmerizing views of the Hudson River and Manhattan skyline from every room. See floor plan and full details here.

Former West Village home of "New Yorker" founder reduced by $1 million

Last week's price cuts also included 34 Perry Street, a Greek Revival-style house in the West Village dating back to 1845. Its past owners include artist/caricaturist Alfred Frueh, who helped launch The New Yorker and built a top-story addition to use as a studio when he lived there in the 1920s. About a century later, the Landmarks Preservation Commission noted Mr. Frueh's addition when they voted to approve a rear yard addition and other modifications in December 2023.

However, the LLC-identified seller does not appear to have acted on the approval. They listed it for $13.95 million in March 2026, offering it with plans approved by both Landmarks and the Department of Buildings, and last week's reduction brings it down to $12.95 million. Public records show that they bought the house for $12 million in October 2021.

-7.2% | -$1,000,000

34 Perry Street, #TH
$12,950,000

West Village | Townhouse | 4 Bedrooms, 4 Baths | 4,600 ft²

34 Perry Street, #TH (Compass)

From the Listing: Originally constructed in 1845, this 21-foot-wide single family townhouse spans nearly 4,000 square feet and sits on a deep 95-foot lot with a clear south-facing garden. Period moldings, eight fireplaces, and generous scale abound, particularly on the top level with a wall of steel casement windows and north-facing skylight crafted in 1924 for New Yorker cartoonist Al Frueh. See floor plan and full details here.

Tribeca maisonette reduced amidst condo conversion next door

Rendering of 139 Franklin Street with 137 Franklin Street next door (Broad Street Development)

Another notable reduction took place at 137 Franklin Street, located in the Tribeca West Historic District and directly across from public park Finn Square. This cooperative contains only three apartments spanning multiple floors, and the maisonette is a triplex with a large private garden, enormous casement windows, a living room with a gas fireplace, an open kitchen, three well-proportioned bedrooms, a lower-level den, and state-of-the-art home automation and radiant heated floors. Public records show that the sellers purchased it for over $3.75 million in July 2015, and they listed it for nearly $5 million in May 2026.

For all 137 Franklin Street resembles a prewar industrial building with its low-rise height, red brick facade, and metal-framed windows, it is a somewhat new building completed in 2012, albeit after multiple Landmarks hearings. But directly next door, work is underway to convert 139 Franklin Street to a luxury condominium with 18 three- to five-bedroom apartments with interiors by Ryan Korban. In one of the first hearings of 2026, Landmarks approved the removal of fire escapes, facade restorations, a new rooftop terrace, and other modifications necessary to make this former storage facility suitable and desirable for residential use. More recently, developers Broad Street Development and TPG Angelo Gordon secured a construction loan in July 2026.

-9.9% | -$495,000

137 Franklin Street, #1
$4,500,000

Tribeca | Cooperative | 3 Bedrooms, 2.5 Baths

137 Franklin Street, #1 (Compass)

From the Listing: Located on one of Tribeca’s most coveted blocks, this approximately 2,587-square-foot triplex (plus about 600 square feet of private outdoor space) loft offers a rare blend of classic New York City architecture and modern design. Featuring soaring ceilings, expansive windows, and a stunning private garden/yard, this custom-built maisonette is both elegant and functional. See floor plan and full details here.

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Select which properties are of interest to you:

520 Park Avenue
The Oxford, 422 East 72nd Street
Park Avenue South Lofts, 43 East 30th Street
Tudor Tower, 25 Tudor City Place
1 Central Park West
220 Central Park South
Rockefeller Apartments, 17 West 54th Street
Stella Tower, 425 West 50th Street
15 Hudson Yards
334 West 19th Street
London Terrace Towers, 410 West 24th Street
The Fillmore, 525 East 11th Street
565 Broome Street
501 8th Avenue
304 West 88th Street
The Apthorp, 2211 Broadway
190 Riverside Drive
139 Franklin Street
137 Franklin Street
54 East 8th Street
The Cambridge House, 175 West 13th Street
The Schumacher, 36 Bleecker Street

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Price cuts on homes in NYC's top trophy buildings

220 Central Park South, Billionaires' Row condo

220 Central Park South, #62 (Corcoran Group)

The past week was marked by reductions on a number of rare availabilities in some of New York City's most luxurious condominiums, where they enjoy expansive city views, top-of-the-line appliances and finishes, thoughtfully curated wellness and social amenities, and premium services. These qualities make them popular among second home owners, namely those who might be required to pay the newly imposed pied-a-terre tax. However, several of the listings initially came on the market before the pied-a-terre tax was announced, suggesting that this is entirely coincidence.

Newly reduced luxury listings

-6.1% | -$4,900,000

220 Central Park South, #62
$75,000,000

Midtown West | Condominium | 4 Bedrooms, 5.5 Baths | 5,935 ft²

220 Central Park South, #62 (Corcoran Group)

From the Listing: Perched on the 62nd floor of 220 Central Park South, this 5,935-square-foot simplex offers 125 linear feet of unobstructed frontage over Central Park, capturing sweeping views across all 812 acres and outward to the Manhattan skyline through four exposures. With ceilings rising over 12 feet and floor-to-ceiling windows throughout, natural light moves gracefully across the home from sunrise to sunset. See floor plan and full details here.

-6.0% | -$1,255,000

520 Park Avenue, #22
$19,495,000

Park/Fifth Ave. to 79th St. | Condominium | 4 Bedrooms, 4.5 Baths | 4,628 ft²

520 Park Avenue, #22 (Corcoran Group)

From the Listing: This Robert A.M. Stern masterpiece is perfectly positioned on the 22nd floor of 520 Park Avenue-one of the Upper East Side's most prestigious boutique condominiums. The epitome of luxury, this full-floor residence spans 4,628 square feet and offers breathtaking views of Central Park and the iconic Manhattan skyline. With four bedrooms, four full bathrooms, and a powder room, the home is defined by soaring 11-foot ceilings, white-oak floors, and floor-to-ceiling windows that frame extraordinary light and dramatic vistas. See floor plan and full details here.

-6.3% | -$500,000

Fifteen Hudson Yards, #71A
$7,495,000

Midtown West | Condominium | 3 Bedrooms, 3.5 Baths | 2,407 ft²

Fifteen Hudson Yards, #71A (Douglas Elliman Real Estate)

From the Listing: This spectacular three-bedroom, three-and-a-half bathroom "A-line" was one of the first lines to sell out because of its breathtaking south/east city and river views. The spacious living and dining rooms have two exposures, floor-to-ceiling windows, and soaring 11-foot ceilings. See floor plan and full details here.

Recently reduced listings

-5.9% | -$505,000

The Apthorp, #11C
$7,995,000

Riverside Dr./West End Ave. | Condominium | 4 Bedrooms, 4 Baths | 3,100 ft²

The Apthorp, #11C (Compass)

From the Listing: A rare opportunity to own a meticulously restored and fully renovated four-bedroom, four-bathroom residence at The Apthorp, one of Manhattan's most iconic landmark condominiums. Spanning approximately 3,100 square feet, this exceptional home preserves the grandeur of prewar architecture while seamlessly incorporating modern luxury. A dramatic 30-foot gallery creates an unforgettable arrival, revealing a home where historic craftsmanship has been thoughtfully restored rather than replaced. See floor plan and full details here.

-11.1% | -$1,000,000

190 Riverside Drive, #8C
$7,995,000

Riverside Dr./West End Ave. | Condominium | 5 Bedrooms, 4.5 Baths | 3,700 ft²

190 Riverside Drive, #8C (Compass)

From the Listing: With sweeping views of the Hudson River and across the street from the entrance to Riverside Park, this architecturally significant mint condition prewar condominium is a rare offering. Following a recently completed extensive renovation, this magnificent 4-5 bedroom home offers a floor plan unique to the building. A more seamless flow allows 8C to perfectly combine features usually only found in new developments with extraordinary turn-of-the-century details. See floor plan and full details here.

-10.5% | -$700,000

539 Clinton Street, #TH
$5,995,000

Carroll Gardens | Townhouse | 4 Bedrooms, 4.5 Baths | 4,700 ft²

539 Clinton Street, #TH (Compass)

From the Listing: Introducing 539 Clinton Street, a remarkable 23-foot-wide single-family townhouse in the heart of Carroll Gardens, offering approximately 5,000 square feet of thoughtfully designed living space, four bedrooms, four-and-a-half bathrooms, and an exceptional blend of modern luxury and dramatic architectural design. At the center of the home is a spectacular double-height dining room with soaring 20-foot ceilings, a gas fireplace, and a striking wall of glass that opens seamlessly to a beautifully landscaped garden, creating an extraordinary setting for both everyday living and entertaining. See floor plan and full details here.

-8.3% | -$495,000

London Terrace Towers, #19BCE
$5,500,000

Chelsea | Cooperative | 4 Bedrooms, 4 Baths | 2,720 ft²

London Terrace Towers, #19BCE (Douglas Elliman Real Estate)

From the Listing: From the moment you enter, the apartment reveals itself with quiet authority: soaring beamed ceilings, amazing light, a working wood burning fireplace, and a sense of proportion that feels both grand and deeply livable. Light pours through oversized windows, tracing the architectural details that define the residence and framing open, cinematic views that shift with the day. See floor plan and full details here.

-16.1% | -$1,000,000

The Oxford, #14ABF
$5,200,000

Lenox Hill | Condominium | 4 Bedrooms, 4.5 Baths | 3,500 ft²

The Oxford, #14ABF (Douglas Elliman Real Estate)

From the Listing: Commanding corner residence masterfully created by acclaimed designer Eric Cohler. This stunning home has triple exposures and 21 oversized windows that wrap the Great Room, Kitchen, and Dining Area in remarkable natural light. Spanning approximately 3,500 square feet, this four-bedroom, four-and-a-half-bathroom home has been thoughtfully reimagined for both grand entertaining and comfortable daily living. See floor plan and full details here.

-19.6% | -$1,095,000

The Schumacher, #2A
$4,500,000

NoHo | Condominium | 2 Bedrooms, 2.5 Baths | 1,791 ft²

The Schumacher, #2A (Modlin Group LLC)

From the Listing: Originally built as a two bedroom, two and a half bath, this residence is now configured as an oversized one-bedroom. Situated on one of the most coveted blocks in Noho within The Schumacher building, this contemporary yet classic one bedroom, two and a half bath loft sprawls over 1,791 square feet and boasts the finest, authentic fixtures and finishes. See floor plan and full details here.

-14.8% | -$555,000

One Central Park West, #32F
$3,195,000

Central Park West | Condominium | 1 Bedroom, 2 Baths | 1,291 ft²

One Central Park West, #32F (Trump International Realty New York)

From the Listing: Rare opportunity to own a large one bedroom layout (flexible two bedroom) with L-shaped living room / den at One Central Park West. Luxury living right across the street from Central Park, 32F offers a very spacious floorplan with views west toward the Hudson River with gorgeous sunsets. See floor plan and full details here.

-11.8% | -$301,000

The Fillmore, #6C
$2,249,000

East Village | Condominium | 2 Bedrooms, 2.5 Baths | 1,300 ft²

The Fillmore, #6C (R New York)

From the Listing: Rarely does a home come to market that combines the privacy of a duplex layout, the flexibility of condominium ownership, and the luxury of substantial private outdoor space in the heart of downtown Manhattan. Welcome to Residence 6C, a sun-filled duplex condominium offering a lifestyle that is increasingly difficult to find in New York City. See floor plan and full details here.

-5.0% | -$105,000

Stella Tower, #16E
$1,995,000

Midtown West | Condominium | 1 Bedroom, 2 Baths | 1,355 ft²

Stella Tower, #16E (Corcoran Group)

From the Listing: Residence 16E at Stella Tower spans approximately 1,400 square feet and offers soaring ceilings in a gracious one-bedroom layout with two full baths. Western exposures showcase dramatic views of the Manhattan skyline and Hudson River presented through custom oversized tilt-and-turn windows. See floor plan and full details here.

-6.6% | -$130,000

334 West 19th Street, #PARLORB
$1,825,000

Chelsea | Cooperative | 2 Bedrooms, 2 Baths

334 West 19th Street, #PARLORB (Douglas Elliman Real Estate)

From the Listing: With soaring 11.5-foot ceilings, this beautifully appointed pre-war cooperative offers a seamless blend of classic charm and modern comfort in the heart of Chelsea. This thoughtfully designed residence features five well-proportioned rooms, including two bedrooms, two bathrooms, and an in-unit washer/dryer. The expansive great room seamlessly integrates open living and dining areas, anchored by a wood-burning fireplace, creating an inviting space for both everyday living and entertaining. See floor plan and full details here.

-14.3% | -$250,000

The Cambridge House, #19C
$1,500,000

Greenwich Village | Cooperative | 1 Bedroom, 1 Bath

The Cambridge House, #19C (Compass)

From the Listing: A rare opportunity to own a high-floor, sun-drenched corner residence with direct river and city views — complete with an expansive private terrace. Upon entering, you’re welcomed by a spacious, light-filled living room with a large picture window framing stunning river and skyline vistas. The generous layout easily accommodates both living and dining areas. See floor plan and full details here.

-11.8% | -$150,000

Park Avenue South Lofts, #9B
$1,125,000

Murray Hill | Condominium | 1 Bedroom, 1 Bath | 840 ft²

Park Avenue South Lofts, #9B (Corcoran Group)

From the Listing: Welcome to Residence 9B in the heart of NoMad. This rare, high-floor corner loft offers dramatic Southern and Western exposures, flooding the home with extraordinary natural sunlight throughout the day. Soaring 12-foot ceilings create a grand sense of scale and volume, elevating the already impressive industrial loft aesthetic. See floor plan and full details here.

-14.9% | -$149,000

Rockefeller Apartments, #9C
$850,000

Midtown West | Cooperative | 1 Bedroom, 1 Bath

Rockefeller Apartments, #9C (Corcoran Group)

From the Listing: Perfectly positioned in the heart of Midtown Manhattan, this exceptional and oversized, approximately 975 square feet, one-bedroom, one-bath residence at the Rockefeller Apartments offers a rare blend of timeless design, tranquility, and iconic surroundings. Situated in a full-service, landmarked building, the apartment enjoys a coveted southern exposure, filling the home with natural light and offering iconic city views overlooking the serene sculpture garden of the Museum of Modern Art. The apartment's share of an assessment is $40,480 over 24 months, which the sellers will pay in full at closing. See floor plan and full details here.

-5.3% | -$35,000

Tudor Tower, #1815/1816
$620,000

Turtle Bay/United Nations | Cooperative | 1 Bedroom, 2 Baths

Tudor Tower, #1815/1816 (Corcoran Group)

From the Listing: Overlooking the manicured gardens of Tudor Park, this rare one-bedroom, two-bathroom residence offers a peaceful retreat in the heart of Manhattan. Created through the combination of two studio apartments at 25 Tudor City Place, the home provides exceptional space, flexibility, and storage. Utilities (electricity, heat, and hot water) included in the maintenance. See floor plan and full details here.

-17.4% | -$113,000

304 West 88th Street, #1D
$535,000

Riverside Dr./West End Ave. | Cooperative | 1 Bedroom, 1 Bath | 600 ft²

304 West 88th Street, #1D (Serhant)

From the Listing: This one-of-a-kind residence features dramatic double-height ceilings and a versatile sleeping loft, perfect for added living space, storage, or effortlessly hosting guests. Oversized north-facing windows bathe the home in natural light, accentuating the stunning exposed brick walls, soaring ceilings, and a wood-burning fireplace that brings together classic pre-war character and modern comfort. See floor plan and full details here.

-16.7% | -$100,000

54 East 8th Street, #3S
$499,000

Greenwich Village | Cooperative | 1 Bedroom, 1 Bath

54 East 8th Street, #3S (Compass)

From the Listing: Apartment 3S is a sprawling, pin-drop quiet one-bedroom with four oversized closets and beautiful hardwood floors throughout. The windowed kitchen is thoughtfully designed with abundant cabinet and counter space, updated appliances (including a dishwasher), and a functional layout for everyday cooking. The expansive living area easily accommodates a living room, dining space, and home office. See floor plan and full details here.

-10.3% | -$46,000

126 East 30th Street, #2B
$399,000

Gramercy Park | Cooperative | 1 Bedroom, 1 Bath

126 East 30th Street, #2B (Douglas Elliman Real Estate)

From the Listing: Welcome to Apartment 2B, where charm meets modern convenience in a space designed to impress. This thoughtfully reimagined junior one-bedroom combines the best of pre-war character with contemporary upgrades, offering a tranquil retreat in the heart of the city. Step into a light-filled sanctuary, where soaring 9'7" ceilings and two oversized north-facing windows bring the outdoors in, framing a peaceful view of the tree-lined neighborhood. See floor plan and full details here.

Price Cuts: Mary Trump’s 565 Broome SoHo condo reduced; West Village townhouse once home to The New Yorker founder drops $1M

In this article:

Price adjustments at new development Brooklyn condos

-7.4% | -$296,000 501 8th Avenue, #PARLOR$3,699,000

-5.1% | -$160,000 Kibo Residences, #THA$2,995,000

Mary Trump Trims price of Renzo Piano-designed condo in West SoHo

-1.8% | -$150,000 565 Broome SoHo, #N26A$8,350,000

Former West Village home of "New Yorker" founder reduced by $1 million

-7.2% | -$1,000,000 34 Perry Street, #TH$12,950,000

Tribeca maisonette reduced amidst condo conversion next door

-9.9% | -$495,000 137 Franklin Street, #1$4,500,000

Select which properties are of interest to you:

Price cuts on homes in NYC's top trophy buildings

Newly reduced luxury listings

-6.1% | -$4,900,000 220 Central Park South, #62$75,000,000

-6.0% | -$1,255,000 520 Park Avenue, #22$19,495,000

-6.3% | -$500,000 Fifteen Hudson Yards, #71A$7,495,000

Recently reduced listings

-5.9% | -$505,000 The Apthorp, #11C$7,995,000

-11.1% | -$1,000,000 190 Riverside Drive, #8C$7,995,000

-10.5% | -$700,000 539 Clinton Street, #TH$5,995,000

-8.3% | -$495,000 London Terrace Towers, #19BCE$5,500,000

-16.1% | -$1,000,000 The Oxford, #14ABF$5,200,000

-19.6% | -$1,095,000 The Schumacher, #2A$4,500,000

-14.8% | -$555,000 One Central Park West, #32F$3,195,000

-11.8% | -$301,000 The Fillmore, #6C$2,249,000

-5.0% | -$105,000 Stella Tower, #16E$1,995,000

-6.6% | -$130,000 334 West 19th Street, #PARLORB$1,825,000

-14.3% | -$250,000 The Cambridge House, #19C$1,500,000

-11.8% | -$150,000 Park Avenue South Lofts, #9B$1,125,000

-14.9% | -$149,000 Rockefeller Apartments, #9C$850,000

-5.3% | -$35,000 Tudor Tower, #1815/1816$620,000

-17.4% | -$113,000 304 West 88th Street, #1D$535,000

-16.7% | -$100,000 54 East 8th Street, #3S$499,000

-10.3% | -$46,000 126 East 30th Street, #2B$399,000

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