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111 West 57th Street, #QUADRUPLEX80 (Sotheby's International Realty) | https://www.cityrealty.com/nyc/midtown-west/111-west-57th-street/55221/QUADPLEX80/hLrBwPsPSD 111 West 57th Street, #QUADRUPLEX80 (Sotheby's International Realty) | https://www.cityrealty.com/nyc/midtown-west/111-west-57th-street/55221/QUADPLEX80/hLrBwPsPSD
From January 20-26, 2026, fewer than 200 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions. These included the former home of fashion designer Steve Madden in Trump Palace on the Upper East Side. Mansion Global reports that Mr. Madden and his then-wife, Wendy Madden, bought the full-floor apartment for $15 million in 2013. After the couple divorced in 2015, Ms. Madden took ownership and sold it to the current seller for $8 million in 2022. Most recently, it was listed for $12.65 million in September 2025, but a price reduction brings it down to $11.5 million.

Trump Palace, #47 (Brown Harris Stevens Residential Sales LLC)

In this article:

Paul Rudolph House, 23 Beekman Place
Paul Rudolph House, 23 Beekman Place Beekman/Sutton Place
Southgate, 414 East 52nd Street
Southgate, 414 East 52nd Street Beekman/Sutton Place
133 East 64th Street
133 East 64th Street Park/Fifth Ave. to 79th St.
The Sherry Netherland, 781 Fifth Avenue
The Sherry Netherland, 781 Fifth Avenue Park/Fifth Ave. to 79th St.
The Sussex, 55 East 65th Street
The Sussex, 55 East 65th Street Park/Fifth Ave. to 79th St.

Between its towering height, ultra-private apartments, and white-glove service, Trump Palace represented the epitome of luxury when it opened in 1991. However, taller buildings with more luxurious finishes and amenities have since stolen its thunder. These include Billionaires' Row towers like 111 West 57th Street, New York City's second-tallest residential tower and the most slender skyscraper in the city. It is nearing sellout, and prices have been reduced on the two public availabilities, presumably to speed this process along. They include a duplex penthouse and a quadruplex penthouse at the top of the building, the latter of which was listed for $110 million in April 2025.

111 West 57th Street, #QUADPLEX80 (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


50 West 66th Street, #17F (Brown Harris Stevens Residential Sales LLC)

The Bryant, #PHN (Corcoran Sunshine Marketing Group)

212 Fifth Avenue, #17A (Sothebys International Realty)

Paul Rudolph House, #TH (Sothebys International Realty)

200 East 83rd Street, #30B (Brown Harris Stevens Residential Sales LLC)

535 West End Avenue, #8B (Brown Harris Stevens Residential Sales LLC)

133 East 64th Street, #7A (Douglas Elliman Real Estate)

Little Singer Building, #8A (Compass)
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The Laurel, #27A (Corcoran Group)

111 Murray Street, #24B (Keller Williams NYC)

Central Park Place, #52C (Serhant)

1021 Park Avenue, #14C (Sothebys International Realty)

The Sherry Netherland, #1101 (Douglas Elliman Real Estate)

39 East 20th Street, #8 (Brown Harris Stevens Residential Sales LLC)

The Excelsior, #12L/14L (Douglas Elliman Real Estate)

Park Ten, #23G (Brown Harris Stevens Residential Sales LLC)

271 Decatur Street, #TH (Brown Harris Stevens Residential Sales LLC)

200 Riverside Boulevard, #7A (Nest Seekers LLC)

Eleven Hancock, #PH206 (Brown Harris Stevens Residential Sales LLC)

Grand Chelsea, #12BC (Serhant)

161 West 71st Street, #4 (Compass)

Greenwich Club, #2303 (Douglas Elliman Real Estate)

Onyx Chelsea, #9C (Sothebys International Realty)

292 Riverside Drive, #3A (Brown Harris Stevens Residential Sales LLC)

The Broad Exchange Building, #14N (Corcoran Group)

La Mariposa, #5F (Brown Harris Stevens Residential Sales LLC)

The Bryn Mawr, #9D (CORE Group Marketing LLC)

Southgate, #10E (Corcoran Group)

The Sussex, #4C (Corcoran Group)

Would you like to tour any of these properties?
Just complete the info below.
  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?