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Future New York

Price Cuts: Sting’s former 15 CPW duplex gets $5M chop; Gold Coast penthouses see deep discounts

Sting and 15 Central Park West, #16/17B (Douglas Elliman) Sting and 15 Central Park West, #16/17B (Douglas Elliman)
From September 8-14, 2026, over 250 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions. This is a sharp week-over-week increase in the number of price-reduced listings, and comes as listings on the whole return to the market between sales launches and homes being relisted after summer removals. CityRealty listings show over 7,200 publicly listed apartments and townhouses for sale.

In this article:

25 Beekman Place
25 Beekman Place Beekman/Sutton Place
860 Fifth Avenue
860 Fifth Avenue Park/Fifth Ave. to 79th St.
177 East 77th Street
177 East 77th Street Lenox Hill
The Park 900, 900 Park Avenue
The Park 900, 900 Park Avenue Carnegie Hill
164 East 91st Street
164 East 91st Street Carnegie Hill


Sting's former Central Park West duplex reduced by $5M

15 Central Park West, Central Park West condominium 15 Central Park West (Compass)
A notable price reduction took place at the Robert A.M. Stern Architects-designed 15 Central Park West, a limestone-clad condominium that has attracted the likes of New York Yankee turned real estate investor Alex Rodriguez, actor Denzel Washington, and musician Sting. Sting and his wife, actress Trudie Styler, were among the first to buy in the building, purchasing Residence #16-17B for $27 million from the sponsor and embarking on a renovation by Lee Mindell. The four-bedroom duplex boasts a double-sided fireplace in the living room, French doors leading to a private terrace overlooking Central Park, a primary suite with two dressing rooms and en suite baths, and a sculptural staircase to connect both levels.
Public records show that the power couple sold the apartment for $50 million in April 2018. But when it came back on the market for $45 million in April 2026, the New York Post reported that no one had ever moved in, and that Sting's customizations remained intact. A price cut brings it down to $40 million, setting the most recent sellers up for a loss.

15 Central Park West, #16/17B (Douglas Elliman Real Estate)

Price improvements at new construction condos

355 West 39th Street, Midtown West condos 355 West (CityRealty)
Among new developments, two deep cuts took place at 355 West, a new construction condominium located between Hudson Yards and the Theatre District. Closings began in the building earlier this year, and residents enjoy homes with high ceilings, oversized casement windows, kitchens with Miele appliances, and in-unit laundry. Several units have private balconies, and amenities include a sunny fitness center, a lounge with terrace access, and a pet spa. However, it has faced increasing competition from two Passive House projects nearby, VITA and the recently launched Sorin.
Multiple cuts also took place at 78 Harman Street, a boutique condominium on a peaceful Bushwick block near Maria Hernandez Park, Broadway dining, a C-Town supermarket, and the Koscuiszko Street J train. All eight units feature private outdoor space, oversized windows, kitchens with premium appliances, refined primary baths, and in-unit laundry. The building is over 50 percent sold, and prices have been reduced on most of the remaining inventory.

355 West, #8A (Corcoran Group)

78 Harman Street, #4F (Serhant)

Recently Reduced Listings


988 Fifth Avenue, #PH (Corcoran Group)

48 West 85th Street, #TH (Leslie J Garfield & Co Inc)

860 Fifth Avenue, #PHJ (Sothebys International Realty)

Park Millennium, #28DEF (Compass)
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96 Grand Street, #PH (Bespoke Real Estate LLC)

The Century, #15EF (Corcoran Group)

164 East 91st Street, #TH (Berkshire Hathaway HomeServices New York Properties)

The Park 900, #25CD (Serhant)

716 Broadway, #PH6 (Compass)

610 West End Avenue, #PH-A (R New York)

8 East 96th Street, #10B (Sothebys International Realty)

120 Gramercy Hill, #TH1 (Douglas Elliman Real Estate)

25 Beekman Place, #4 (Corcoran Group)

Clock Tower, #5L (Sothebys International Realty)

The Potter Building, #3C (Douglas Elliman Real Estate)

718 Broadway, #PHB (Corcoran Group)

The Bromley, #4M (Sothebys International Realty)

Vitre, #PH3S (Compass)

130 William, #38D (Douglas Elliman Real Estate)

237 West 19th Street, #B (Corcoran Group)

177 East 77th Street, #5B (Douglas Elliman Real Estate)

Seward Park (3-4), #J106 (Compass)

310 West 56th Street, #12F (Corcoran Group)

The Chocolate Factory, #1C (Corcoran Group)

One Central Park West, #422 (Brown Harris Stevens Residential Sales LLC)

146 West 82nd Street, #3A (Douglas Elliman Real Estate)

The Butler Collection, #1D (Corcoran Group)

Hudson View Gardens, #L32 (Corcoran Group)

227 East 87th Street, #3B (The Agency Brokerage)

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