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

Features

The Benson penthouse terrace The Benson penthouse terrace
Manhattan Sales:

  • From June 5-11, 2022, $823.8 million worth of transactions across 441 condo, condop, and cooperative deals were recorded
  • 178 condo sales came to a median price of $1,837,390 ($1,872 per square foot)
  • 12 condop sales came to a median price of $1.07 million
  • 251 co-op sales came to a median price of $850K

The past week's top sale by far was #PHB at The Benson, which closed for $35,726,250, or just above the last asking price of $35 million when it entered contract in November 2020. As astronomic as that figure may sound to most people, developer Miki Naftali described it as reasonable in an interview with The Wall Street Journal, saying, "I could have asked $50 million for this penthouse and then negotiated it down, but I don’t like to do that."

The 6,600-square-foot duplex penthouse features seven bedrooms, a gas fireplace, crown moldings, hand-painted cabinetry, radiant heated floors in the baths, and three private terraces. The buyer was listed as 1045 Phb Llc, and Mr. Naftali identified them only as a West Coast resident who had a family member see the building on their behalf.
The second-highest sale took place at 15 Central Park West, where #34A sold for $21,500,000, or slightly below its last listing price of $21.95 million. The buyer was listed under an LLC, and the seller is healthcare investor Gotham Makker. The three-bedroom unit was not Dr. Makker's first home in the building - an article in The New York Times notes that in August 2009, he sold a 28th-story unit for $12.5 million.
Credit: Noe & Associates: The Boundary Beckford Tower (Credit: Noe & Associates: The Boundary)
301-East-80th-Street Beckford Tower, 301 East 80th Street, #PH29 (Credit: Noe & Associates: The Boundary via Douglas Elliman)

Manhattan Contracts:

  • From June 6-12, 2022, a total of 249 townhouses, condos, co-ops, and condops entered contract
  • The average time on the market was 75 days
  • The total sticker price sum came to $508 million, and the median last asking price came to $1.275 million
  • There were a total of 103 condo deals, coming to a total of $277 million. They came to a median asking price of $1.695 million and spent an average of 78 days on the market
  • The 10 condop deals came to a total of $11 million and a median last asking price of $750K. They spent an average of 62 days on the market
  • The 129 co-op deals aggregated to $189 million and came to a median last asking price of $895K. They spent an average of 74 days on the market
  • The seven townhouse deals came to a total of $31 million and a median last asking price of $4.95. They spent an average of 56 days on the market

It was a good week for Upper East Side apartments on the contracts side as well. The top contract of the past week was a 6,522-square-foot penthouse at Beckford Tower, which had an asking price of $29,000,000. Olshan Realty's market report notes that this is up from the $25 million it was listed for off floor plans in fall 2019. Like all Beckford Tower penthouses, this home features soaring ceilings, oversized windows, a luxurious eat-in kitchen, and a private terrace.
Beckford Tower's design and interiors drew inspiration from prewar Upper East Side architecture, but the second-highest contract took place in an authentic Beaux-Arts mansion that was later converted to condos: In The Stuart Duncan, a design by C.P.H. Gilbert dating back to the early 20th century, a three-bedroom duplex apartment entered contract with an asking price of $22,500,000. Olshan observes that this is a reduction from the $24 million price it was listed at in February, but that the unidentified seller stands to make quite a profit on it nevertheless: They paid $7,989,425 for it in 2006.








Notable Sales
374-Broome-Street-01
Shortly after John Legend and Chrissy Teigen's massive Nolita spread entered contract, the sale closed under the asking price of $18 million. The unidentified buyer is clearly a fan of Friends, having purchased the units behind entities known as Regina Phalange LLC and Central Perk LLC. It is also not known whether they plan to go through with Mr. Legend and Ms. Teigen's original idea of combining the two penthouses into one massive apartment. Meanwhile, the power couple will not be saying good-bye to New York, but is searching for a home base that does not require nearly the work combining apartments would be.

From the Listing:
Penthouse combination opportunity available at the Brewster Carriage House. Located in chic Nolita, the penthouse at 374 Broome Street is a unique offering to create a grand 6,100-plus square foot residence with over 3,300 square feet of private outdoor rooftop terrace.
1 Available Listing for Sale for $3,495,000

117-West-21st-Street-01
More than a decade ago, when entrepreneur Lilli Gordon was practicing her Sephora pitch, she compared her skincare line to a first aid kit for the skin. Today First Aid Beauty products can be found in stores all over the country, and Ms. Gordon has purchased a spacious Chelsea apartment a short distance from the Flatiron Sephora.

65-East-96th-Street-01
The Upper East Side is home to many luxury jewelers’ flagship stores, but TAFFIN only sees shoppers by appointments at its salon. Founder James de Givenchy, a nephew of Hubert de Givenchy, brought his genetic sense of style to his Upper East Side apartment–he and his wife Gina de Givenchy combined two apartments and renovated them into a spacious four-bedroom home. They listed the apartment for $4 million in January 2022, and it has closed for above the asking price.
1 Available Listing for Sale for $1,495,000

Top Sales
1045-Madison-Avenue-01
1045-Madison-Avenue-02
1045-Madison-Avenue-03
From the Listing:
New penthouse condo with 6,632 square feet of interior space including 7 bedrooms, 7.5 bathrooms and 2 terraces that total 752 square feet. This new building called The Benson is designed by Peter Pennoyer. in a traditional style as a new 15-unit condo on 18 floors. Amenities include a concierge/doorman, fitness center with a spa, half-court basketball, children's playroom, ground-floor library lounge that opens onto a garden. There is also a pet spa, a common roof garden with a bar.

15-Central-Park-West-01
15-Central-Park-West-03
15-Central-Park-West-02
From the Listing:
This 3,103-square-foot apartment on the 34th floor of the Tower of Fifteen Central Park West, the best-priced A-line available, provides direct Central Park views from the principal bedroom, park and city views from the gracious corner living room’s two exposures, and open city views from the library and formal dining room.

The primary bedroom has 3 closets, including two walk-ins, and a luxurious marble bathroom. The other two bedrooms each have an en-suite bath and ample closet space, and double exposures with both open city and Hudson River views.
13 Available Listings for Sale from $3,995,000
3 Available Listings for Rent from $35,000/month

157-West-57th-Street-01
157-West-57th-Street-02
157-West-57th-Street-03
From the Listing:
Featuring one of the most unique and tasteful floor plans of any residence on Billionaire’s Row, One57, Residence 47A is an impressive 3,200-square-foot, three-bedroom, three-and-a-half-bath home that epitomizes glamorous living at One57. Designed by Thomas Juul-Hansen, the home features luxurious touches throughout. The foyer, the corner great room houses the open living and dining area that is further highlighted by ceilings almost 12 high and 39 linear feet of picturesque Central Park views.
14 Available Listings for Sale from $3,325,000
3 Available Listings for Rent from $47,500/month

534-LaGuardia-Place-01
534-LaGuardia-Place-02
534-LaGuardia-Place-03
From the Listing:
Prepare yourself for perfection with this impeccable, and architecturally renovated, SoHo-Greenwich Village loft featuring 5 bedrooms, and 4 full and 2 half baths. Spread over a 5,000 square foot footprint with 60 linear feet of frontage over LaGuardia Place, this impressive full floor simplex features a keyed-locked elevator which unfolds into a 43’ x 25’ great room with oversized, picturesque windows framing tree top views to the east. With 12’ high ceilings and perfectly symmetrical proportions throughout, including an iconic chef’s kitchen with a state of the art classic La Cornu “cobalt blue” Chef’s kitchen, Viking refrigerator, custom white cabinetry and white Carrera marble counters. The wide open dining and double living rooms have warm oak wood floors, architectural lighting, original columns and 5 zone central air conditioning.

200-Amsterdam-Avenue-01
200-Amsterdam-Avenue
200-Amsterdam-Avenue-03
From the Listing:
Accessed via a semi-private landing, this 2,677-square-foot, three-bedroom, three and a half-bath condominium combines an elegant, modern plan with views of Central Park, the Upper West Side and the Hudson River. A gracious foyer and gallery lead to the stunning corner living and dining area, off of which there is a 266-square-foot terrace nearly 50’ in length. The spacious open kitchen includes a waterfall edge Calacatta marble island which provides seating for four and provides abundant work and storage space. State of the art appliances include integrated oak paneled Sub-Zero refrigerator, freezer and wine chiller, a 48” Wolf Dual Fuel Range and a Miele speed oven and warming drawer and two Miele dishwashers.
16 Available Listings for Sale from $4,300,000



Top Contracts
301-East-80th-Street-01
301-East-80th-Street-02
301-East-80th-Street
From the Listing:
Introducing Beckford Tower Penthouse 29, an extraordinary, 6,522 square-foot six-bedroom, seven-and-a-half-bathroom home with an expansive, west-facing 193 square-foot private terrace and 13-foot ceilings throughout. This remarkable full-floor home seamlessly balances grand scale and proportions and truly embodies Studio Sofield’s exquisite design with a harmonious mix of classic and contemporary sensibilities. A private elevator landing opens to a gracious entry foyer featuring striking herringbone flooring with an adjoining extensive windowed gallery that guides you past a large library lounge and into the primary sleeping quarters. The foyer leads into a breathtaking corner living room showcasing a spectacular fireplace, grand windows with prime south and west views for optimal light and air, and direct access to an expansive east-facing terrace that links the living room and primary bedroom.

3-East-75th-Street-01
3-East-75th-Street-02
3-East-75th-Street-03
From the Listing:
This dramatic three-bedroom duplex condominium is just steps from Central Park off Fifth Avenue. It features a great room with over 17’ ceilings and mezzanine library, a wood-paneled formal dining room, three wood-burning fireplaces, two terraces, a modern chef’s kitchen as well as an enormous primary bedroom suite. Oversized windows allow natural light to flood the apartment with ample wall space to display one’s art collection to full advantage.
1 Available Listing for Sale for $23,500,000

50-Riverside-Boulevard-01
50-Riverside-Boulevard-02
50-Riverside-Boulevard-03
50-Riverside-Boulevard-04
From the Listing:
Extraordinary features merge in this stunning, sun-filled full-floor, luxury 12-room penthouse high atop the city at One Riverside Park; a luxury white-glove condo with exceptional amenities. This triple mint, high-end, custom-designed home offers 360-degree vistas and approximately 100 feet of panoramic Hudson River views, as well as views of the skyline, combining the most spectacular vantage points in the city. Extraordinary sunsets are guaranteed! With 6,200 interior square feet, 6 bedrooms and 8.5 baths, multiple entertaining spaces and work from home options, this expansive home underwent a magnificent custom renovation by top NYC designer Michele Bitter utilizing the highest quality finishes, fixtures, custom millwork, and state-of-the-art systems throughout.
13 Available Listings for Sale from $1,395,000
3 Available Listings for Rent from $17,000/month

150-Charles-Street
150-Charles-Street-02
150-Charles-Street-03
From the Listing:
While this building has become world-renowned for its quality, this apartment - a combination of two prime units - has been exquisitely renovated to the most exacting, Architectural-Digest-worthy standards by interior designer Alexander Doherty Design. An enticing limestone entry foyer leads to a gallery that welcomes you to the large, elegant living room that basks in southern light through a wall of impressive windows facing tree-lined West 10th Street. The focal point is a splendidly carved marble fireplace mantle, but it may be the molding detailing combined with the impressive 11-foot ceilings here that simply take your breath away.
4 Available Listings for Sale from $7,500,000

225-West-86th-Street-01
225-West-86th-Street-02
225-West-86th-Street-03
From the Listing:
This extraordinary PH Duplex Residence boasts an impressive great room and dining room with outdoor terrace access and an eat-in kitchen with an oversized island as well as a gas fireplace. On the lower floor there are four large bedrooms, four and a half bathrooms, separate laundry room as well as a generous den/playroom. PH Duplex 1111 is generously distributed over two floors and epitomizes timeless glamour, luxury, and scale. Beauty abounds throughout, with 10+ foot ceilings, fully restored, oversized mahogany window frames, white oak floors with chevron and plank patterns, and sunny south and open northern exposures.
9 Available Listings for Sale from $4,150,000

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