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A blog from CityRealty (Links below will take you to the 6sqft site)

Features

All images of Aman New York Residences via Douglas Elliman All images of Aman New York Residences via Douglas Elliman
From December 5-11, 2021, a total of 314 condo, co-op, and condop sales were recorded in Manhattan, coming to an aggregate total of $580,594,020 and a median price of $1.07 million. At this point in 2021, Manhattan has sold the highest number condo apartments since 2008. Moreover, the number of Manhattan co-op apartments sold at this point is 76 percent higher than the entire total of 2021.

The 138 condo sales of the past week came to a median price of $1,450,000 ($1,550 per square foot). The 165 co-op sales came to a median price of $775K.

It was an impressive week for downtown condos. A four-bedroom, 4,557-square-foot home in the Herzog & de Meuron-designed 160 Leroy Street closed for $25,695,000. It was closely trailed by a penthouse in The Greenwich Lane, the glitzy new condo development that rose on the former site of St. Vincent's Hospital, which closed for $23,500,000.

But for all the exciting new buildings in hip downtown neighborhoods, the prewar classics of Park Avenue are not to be overlooked. Among the top five sales was a four-bedroom home in The Mayfair that closed for $10,750,000. The buyer made the purchase through an LLC, but trustees among the sellers include Stephanie Comer and Guy Comer, children of Lands' End founder Gary Comer. While the majority of the Comer Family Foundation's philanthropic efforts focused on Chicago, it appears that the family also owned a New York apartment. It went on the market in June 2021 with an asking price of $12,500,000, following the December 2020 death of the matriarch, Frances "Francie" Ceraulo Comer.
610-Park-Avenue-01 The Mayfair via Sotheby's International Realty
Meanwhile, from December 6-12, 2021, 33 luxury contracts ($4 million and up) were signed in Manhattan. This is one fewer than last week, but Olshan Realty's market report notes that this is the 37th time this year that the luxury market has recorded 30 contracts or more. The total weekly asking price sales volume was $227,985,000.

On Thursday, The Wall Street Journal announced that a nearly 6,300-square-foot full-floor, four-bedroom apartment at Aman New York Residences, the residential component of the Crown Building's conversion, had entered contract with an asking price of $55,000,000. Vanessa Grout, a representative for Aman, identified the buyer only as a domestic purchaser looking for a New York City pied-a-terre, and announced that another unit in the building recently entered contract for its asking price of $29,000,000.

These are the latest high-priced sales to take place in the building. The five-story penthouse in the building reportedly entered contract with an asking price of $180 million in spring 2018, and a pair of full-floor units priced at over $70 million each are also reportedly in contract. Only four available units remain at Aman New York Residences, and closings are expected to commence in the first quarter of 2022.

The highest contract recorded in the market report took place at 109 East 79th Street, where #PH20 entered contract with an asking price of $35,000,000. The 4-bedroom, 4.5-bath home spans 5,271 interior square feet and 3,666 square feet of private outdoor space, including a private roof garden with an outdoor kitchen and fireplace. Interiors boast a private keyed entry vestibule, 11-foot ceilings, a living room with a fireplace, a kitchen with custom Italian cabinetry and professional-grade appliances, and primary suite with three walk-in closets, a windowed dressing room, a morning kitchen, and luxurious windowed bath. The contract for this full-floor unit comes shortly after a half-floor home in the building entered contract with an ask of $17,150,000.








Top Sales
160-Leroy-Street-01 160 Leroy Street via Corcoran
2 Available Listings for Sale from $4.85M

Greenwich-Lane-01 The Greenwich Lane via CityRealty
4 Available Listings for Sale from $6M
1 Available Listing for Rent for $13,500/month

737-Park-Avenue-01 737 Park Avenue via CityRealty
Park Avenue condos Interiors via Christie's International Real Estate
Park Avenue condos
From the Listing:
This high-floor residence at storied 737 Park Avenue is a distinguished five bedroom, seven-and-a-half-bathroom home with magnificent proportions, triple exposures, and an imperial footprint at 4,719 square feet.

The home is entered through a white-glove serviced, private elevator landing into a central foyer leading directly to an 800-square-foot, south-facing great room with perfect dimensions. The entertaining wing spans 10 windows and is flanked by a corner library or guest suite with an en suite bathroom. There is also a grand windowed corner eat-in kitchen with pantry, service room, and adjoining full bathroom. Within the gracious living quarters are four additional larger bedrooms, including a striking double-corner primary suite wing, measuring approximately 15 by 32 feet, featuring three walk-in closets including a windowed dressing room and separate primary bathrooms. All bedrooms feature en suite bathrooms, generous closets, and sunny views.
2 Available Listings for Sale from $9M

25-Park-Row-01 25 Park Row via Corcoran
8 Available Listings for Sale from $2.8M
1 Available Listings for Rent from $18,500/month

610-Park-Avenue-01 The Mayfair via CityRealty
Park Avenue apartments Interiors via Sotheby's International Realty
Upper East Side condos
From the Listing:
Apartment 10A occupies the entire Park Avenue facade of its high floor, with three bright and open exposures. A gallery-sized entrance foyer opens to an expansive L-shaped living room overlooking Park Avenue. This light-filled, generously-proportioned room with a wood-burning fireplace is ideal for entertaining on a grand scale.

The sprawling home boasts a corner study with a view down Park, a formal dining room, a sunny, south-facing eat-in kitchen, a corner primary suite with an adjoining office, two additional bedrooms with ensuite baths and a secluded maids suite with its own entrance beyond the kitchen. Designed with classic prewar elegance, the configuration of the rooms and hallways is designed to provide maximum privacy between public and private spaces.
1 Available Listing for Sale for $8.85M
1 Available Listing for Rent for $12,000/month
Park Avenue condos

Top Contracts
730-Fifth-Avenue-01 Aman New York Residences via Douglas Elliman

109-East-79th-Street-01 All images of 109 East 79th Street via Corcoran
Carnegie Hill condos
Carnegie Hill condos
From the Listing:
Spanning a full floor and stretching to 5,721 square feet with 3,666 square feet of private outdoor space, Penthouse 20 is a magnificent residence meticulously designed by Steven Harris Architects. Offering four bedrooms and a library, four en suite bathrooms, and a powder room, this gracious home features lofty 11'0" ceilings and 100' of continuous south-facing entertaining spaces with adjacent terrace, and a private roof terrace with outdoor kitchen and fireplace. Elegant architectural details and materials throughout include expansive casement style windows in a white bronze finish, 4" wide rift and quarter sawn American white oak flooring set in a chevron pattern in all living areas, recessed panel stile and rail doors with burnished nickel Nanz hardware, and custom plaster cornices in all primary rooms, hallways, vestibules, primary bathrooms, and powder rooms.

Through a private and keyed entry vestibule finished with St. Clair marble flooring and wire brushed rift cut European white oak wall paneling with integrated closets, residents are greeted by a steel and tempered art glass entry door leading into a light-filled entrance gallery with a soaring 24' ceiling. Ascend to the private roof terrace via the elevator or grand staircase custom designed by Steven Harris Architects. The roof is outfitted with a dining area, outdoor kitchen with grill, multiple lounge areas, fireplace, and all are connected via a magnificent Crepe Myrtle tree.
6 Available Listings for Sale from $5.5M

730 Fifth Avenue

551-West-21st-Street-01 All images of 551W21 via Douglas Elliman
Chelsea condos
West Chelsea condos
From the Listing:
This fabulously designed residence in one of the most remarkable buildings in New York City will exceed expectations of the most discerning taste. The soul of this 4,271-square-foot, 4-bedroom, 4 and a half bathroom home are the unmatched panoramic windows providing each room with iconic 360-degree views of the Hudson River and the Manhattan Skyline via north, south, east and west exposures. From sunrise to sunset, enjoy wraparound views of this spectacular, remarkable city as well as the cruise ships and yachts that sail their way up the Hudson River.

A private elevator takes you directly into your home, opening to a dramatic entry gallery. Step beyond the gallery and into a spacious corner living room with mesmerizing southwestern River and city views. Grand double doors lead to the family room, while the west-facing dining room allows for both formal and casual dining. The custom designed elegant interiors are expertly crafted with white oak herringbone flooring, soaring 11' ceilings, impressive 9' tall double doors, cove lighting, deep thresholds and luminous deep window sills for comfortable seating and sunset watching. Foster + Partners innovative design is notable in the sleek windowed eat-in kitchen featuring elegant and state of the art finishes and appliances.
6 Available Listings for Sale from $2.2M

39-Lispenard-Street-01 All images of 39 Lispenard Street via Corcoran
Tribeca condos
Tribeca condo conversions
From the Listing:
Designed by Day’s End Architects, this expansive full-floor residence welcomes you inside with 8-12 inch wide-plank floors, soaring 12-foot ceilings, radiant heated floors throughout, numerous skylights and abundant (20) windows on all four exposures. A key-locked elevator delivers you directly to the gracious foyer lined with exposed brick and custom closets. A row of bright and massive, south-facing windows ushers you into the extraordinary great room. Stretching over 43 feet wide, this sprawling space accommodates seating and dining areas alongside designer lighting and a wood burning fireplace.The open chef’s VIPP kitchen embraces sleek minimalism with custom cabinetry, a massive center island and artfully concealed, upscale appliances.

A long, skylit hallway lined by a powder room, oversized closets and a large laundry room leads to the owner’s suite – a serene sanctuary featuring northern and eastern light and a custom dressing area/closet. The stunning en suite bathroom impresses with painted brick, terrazzo tile and designer lighting surrounding a relaxing soaking tub, frameless glass rain steam shower with a bench, floating double VIPP vanity and a separate water closet. Two large secondary bedrooms share a magazine-worthy Jack-and-Jill bathroom finished in glistening gray Morrocan tile, a soaking tub and a walk-in shower. A second bedroom suite accessed from the great room is ideal as guest quarters or a luxurious home office or den.
1 Available Listing for Sale for $12M

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