From August 11-17, 2026, fewer than 150 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions. This is a small week-over-week drop in the number of price adjustments, and comes during a slow summer selling season when CityRealty listings show only fewer than 6,400 publicly listed units for sale.
In this article:
NoMad "Mansion" with 50-foot pool and 3,283-SF wraparound terrace reduced
A notable reduction from the past week took place at NoMad condominium 172 Madison Avenue. The full-floor, four-bedroom Mansion measures 2,958 interior square feet and is surrounded by a 3,283-square-foot private terrace with a 50' private pool overlooking city views. Additional features include direct elevator entry, 15' ceilings in the living room, and generous closet space.
When 172 Madison Avenue was under construction, 6sqft noted that the pool was one-third the size of an Olympic pool. Public records show that the seller purchased the Mansion for over $9.6 million in March 2021, and the listing notes that they embarked on a gut renovation where "every system, surface, and material is brand new." They listed it for nearly $14 million in November 2025, and a price reduction brings it down to nearly $13 million.
When 172 Madison Avenue was under construction, 6sqft noted that the pool was one-third the size of an Olympic pool. Public records show that the seller purchased the Mansion for over $9.6 million in March 2021, and the listing notes that they embarked on a gut renovation where "every system, surface, and material is brand new." They listed it for nearly $14 million in November 2025, and a price reduction brings it down to nearly $13 million.
-7.1% | -$1,000,000
172 Madison, #MANSION
$12,995,000
Murray Hill | Condominium | 4 Bedrooms, 4.5 Baths | 2,958 ft2
172 Madison, #MANSION (Christies International Real Estate Group LLC)
Price reductions at new developments
Last week, two listings at Woodside condominium Centric had their prices reduced. The building is distinguished by its eye-catching design by Tang Studio Architects that allows for private terraces in several units, not to mention its amenity package that spans multiple floors. Move-ins have not yet begun, but it has seen impressive contract activity in recent weeks.
Other notable cuts took place at Lenox Hill condominium The 74. In a new wave of residential construction on the Upper East Side, The 74 stands out for its lofty height, which allows for spectacular views, not to mention its crenellated facade and distinctive crown by Pelli Clarke & Partners that pays tribute to Art Deco icons. All 42 two- to five-bedroom homes feature interiors by Rafael de Cardenas, and a white-glove amenity package on the 17th floor includes a fitness center with yoga and Pilates studios, a children's playroom, and a lounge with dining room.
The 74 is open for immediate occupancy and over 75 percent sold. Remaining availabilities include a four-story townhouse with a metal gated entrance, a rear garden, and a roof terrace, not to mention some floor-through units on upper levels with views of Central Park and the Manhattan skyline.
-3.0% | -$400,000
The 74, #FLOOR26
$12,850,000
Lenox Hill | Condominium | 5 Bedrooms, 4.5 Baths | 3,815 ft2
The 74, #FLOOR26 (Douglas Elliman Real Estate)
-4.5% | -$400,000
The 74, #2A
$8,550,000
Lenox Hill | Condominium | 4 Bedrooms, 4.5 Baths | 3,905 ft2
The 74, #2A (Douglas Elliman Real Estate)
Spectacular views in honor of World Photography Day
Last week's price cuts came in just ahead of World Photography Day, which is observed on August 19, the anniversary of the date that the French government announced Louis Daguerre's revolutionary process for capturing and preserving images in 1839. Since then, camera phones have become a part of everyday life for many, and World Photography Day is observed to commemorate the impact photography has had on society and culture, as well as to celebrate the art and science of photography.
World Photography Day celebrations began trending online as early as 2005, picking up steam over the last decade. This year, Midtown East observation deck Summit hosted a sunrise photography event in honor of the occasion, and photography events, lectures, and walks are taking place all over the world, in addition to celebrations online.
All types of photography may be celebrated on World Photography Day, but this year's optional theme is "home." The online event suggests that this could be anything that represents home to the photographer, from their home country to where they live now. For some lucky New Yorkers, this could be the views from their living room or bedroom window. Below, we look at a selection of recently reduced listings with spectacular views.
Recent reductions with stunning views
-8.0% | -$800,000
Ariel West, #PH
$9,150,000
Riverside Dr./West End Ave. | Condominium | 6+ Bedrooms, 6+ Baths | 4,568 ft2
Ariel West, #PH (Brown Harris Stevens Residential Sales LLC)
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-10.8% | -$400,000
Trump World Tower, #15A
$3,295,000
Turtle Bay/United Nations | Condominium | 3 Bedrooms, 3 Baths | 2,000 ft2
Trump World Tower, #15A (Hauseit LLC)
-15.5% | -$605,000
Park Millennium, #29D
$3,295,000
Lincoln Center | Condominium | 2 Bedrooms, 2.5 Baths | 1,400 ft2
Park Millennium, #29D (R New York)
-8.6% | -$300,000
Sheffield 57, #33H
$3,195,000
Midtown West | Condominium | 2 Bedrooms, 3 Baths | 1,647 ft2
Sheffield 57, #33H (Douglas Elliman Real Estate)
-10.1% | -$350,000
The Rushmore, #26C
$3,100,000
Riverside Dr./West End Ave. | Condominium | 3 Bedrooms, 3 Baths | 1,750 ft2
The Rushmore, #26C (Corcoran Group)
-3.4% | -$105,000
Metropolitan Tower, #57D
$2,995,000
Midtown West | Condominium | 2 Bedrooms, 2.5 Baths | 1,490 ft2
Metropolitan Tower, #57D (Christies International Real Estate Group LLC)
-4.8% | -$125,000
444 Central Park West, #18/19G
$2,500,000
Central Park West | Cooperative | 2 Bedrooms, 2.5 Baths
444 Central Park West, #18/19G (Douglas Elliman Real Estate)
-26.9% | -$670,000
Millennium Tower Residences, #31G
$1,820,000
Battery Park City | Condominium | 2 Bedrooms, 2 Baths | 1,190 ft2
Millennium Tower Residences, #31G (Battery Park Realty Inc)
-11.2% | -$151,000
Bristol Plaza, #17A
$1,199,000
Lenox Hill | Condominium | 1 Bedroom, 1.5 Baths | 900 ft2
Bristol Plaza, #17A (Corcoran Group)
-4.0% | -$50,000
The Regatta, #624/724
$1,200,000
Battery Park City | Condominium | 1 Bedroom, 1.5 Baths | 1,002 ft2
The Regatta, #624/724 (Corcoran Group)
The Orion, #43F (Brown Harris Stevens Residential Sales LLC)
Victoria House, #19C (Compass)
Willoughby Walk, #1109 (Douglas Elliman Real Estate)
Recently reduced listings
-6.7% | -$1,005,000
111 East 81st Street, #TH
$13,995,000
Carnegie Hill | Townhouse | 5 Bedrooms, 4.5 Baths | 6,546 ft2
111 East 81st Street, #TH (Douglas Elliman Real Estate)
-6.3% | -$200,000
SoHo 25, #2C
$2,950,000
SoHo | Condominium | 2 Bedrooms, 2 Baths | 1,589 ft2
SoHo 25, #2C (Corcoran Group)
-9.1% | -$250,000
230 Van Brunt Street, #TH
$2,500,000
Red Hook | Townhouse | 3 Bedrooms, 2.5 Baths | 2,270 ft2
230 Van Brunt Street, #TH (Serhant)
-4.4% | -$100,000
Trump Tower, #41H
$2,195,000
Midtown East | Condominium | 1 Bedroom, 1.5 Baths | 1,076 ft2
Trump Tower, #41H (Douglas Elliman Real Estate)
-15.0% | -$345,000
121 West 20th Street, #2D
$1,950,000
Chelsea | Condominium | 1 Bedroom, 2 Baths | 1,650 ft2
121 West 20th Street, #2D (Christies International Real Estate Group LLC)
-8.5% | -$175,000
916 Putnam Avenue, #TH
$1,875,000
Bedford-Stuyvesant | Townhouse | 5 Bedrooms, 4 Baths
916 Putnam Avenue, #TH (Douglas Elliman Real Estate)
-7.9% | -$155,000
Opal 33, #PH4A
$1,795,000
South Slope - Greenwood Heights | Condominium | 2 Bedrooms, 2 Baths | 1,229 ft2
Opal 33, #PH4A (Corcoran Group)
-6.7% | -$100,000
21 East 22nd Street, #2K
$1,395,000
Flatiron/Union Square | Cooperative | 2 Bedrooms, 1 Bath
21 East 22nd Street, #2K (Compass)
-8.6% | -$125,000
4 West 16th Street, #7B
$1,325,000
Flatiron/Union Square | Cooperative | 1 Bedroom, 1 Bath | 1,400 ft2
4 West 16th Street, #7B (Compass)
-16.5% | -$246,000
The Samuel Greenpoint, #4
$1,249,000
Greenpoint | Condominium | 2 Bedrooms, 1 Bath | 890 ft2
The Samuel Greenpoint, #4 (Serhant)
-14.2% | -$162,750
Centric, #6-E
$985,000
Woodside | Condominium | 2 Bedrooms, 2 Baths | 897 ft2
Centric, #6-E (Nest Seekers LLC)
-10.1% | -$100,000
Hamilton Park, #4B
$895,000
Hamilton Heights | Condominium | 3 Bedrooms, 2 Baths | 1,021 ft2
Hamilton Park, #4B (Compass)
-17.6% | -$114,000
The Fireside, #506
$535,000
Yorkville | Cooperative | 1 Bedroom, 1 Bath | 550 ft2
The Fireside, #506 (Douglas Elliman Real Estate)
-6.7% | -$25,000
Hudson Towers, #5F
$350,000
Riverdale | Condominium | 1 Bedroom, 1 Bath
Hudson Towers, #5F (Brown Harris Stevens Residential Sales LLC)
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