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Rendering of The Benson via Hayes Davidson Rendering of The Benson via Hayes Davidson
The week of January 31-February 6, 2021 was a strong one for Manhattan sales with 226 market-rate condo, co-op, and condop deals recorded aggregating $378,239,241. The 77 condo sales came in at a median price of $1,550,000, or $1,429 per square foot. The 146 co-op sales came to a median price of $745,000.

While the number of co-op sales was nearly double that of condos, new development condos largely dominated the top sales. The highest took place at 90 Morton Street, a printing house turned luxury condominium, where a duplex penthouse with private terraces sold for $24,900,000.

90 Morton Street is on the cusp of the West Village and Hudson Square, the latter of which has been touted as one of the next "it" neighborhoods, but that is not to say that no one wants to live on Park Avenue anymore. Hardly - the second-highest sale was a full-floor unit at 520 Park Avenue for $20 million.
Hayes Davidson The Benson (Hayes Davidson)
From February 1-7, 30 Manhattan contracts were signed at $4 million and up, the largest number since November 2019, with a total asking price sales volume of $243,925,000. That total includes five townhouses; on the apartment front, condos far outsold co-ops with nearly half the condos being sold by developers. Olshan Realty's market report attributes the strong numbers to low interest rates, a robust stock market, optimism in the wake of the coronavirus vaccine, and meaningful disounts.

The top contract of the past week took place at The Benson, where the tenth and eleventh floors were asking $27,950,000. Buyer's broker Bo Poulsen of Brown Harris Stevens said the buyers were originally looking for a townhouse, but "it offered a lifestyle you couldn't get in a townhouse." Developer Naftali Group is combining the units into a massive duplex, and the buyer is paying the sponsor for the extra construction costs.

The second-highest contract was another sponsor unit, #62B at One57, with an asking price of $19,900,000. The listing broker declined to provide details about the transaction, but we do know that the price was reduced from $25.2 million.

Top Sales
1. 90 Morton Street, #PH11A – $24,900,000 ($4,739 / ft2)

West Village | Condo | 5 beds, 5.5 baths | 5,254 ft2
90-Morton-Street-01 All images of 90 Morton Street via Reuveni Real Estate
From the listing:
Situated on the 11th and 12th floors, this half floor duplex penthouse residence boasts views of the Hudson River, Empire State Building and Midtown skyline. Capturing the essence of the West Village’s trendy and intimate neighborhood vibe, this home sprawls across 5,254 interior square feet and includes 5 bedrooms, five and a half bathrooms and an expansive entertaining living and dining rooms with dimension of 40' by 18' and 17'3'' by 18'6'' respectively. The impressive interior is complimented by an incredible 2,029 square feet of outdoor space that encompasses two breathtaking wrap terraces. High beamed ceilings throughout showcase the distinct character of the building’s original use as a Printing House built in 1912.

The upper floor of this penthouse residence includes the bedroom wing complete with a primary suite and four additional bedrooms, all with en suite bathrooms. The primary suite and accompanying sitting area faces north, west and east and is the perfect vantage point for watching sunrise and sunset. An oversized walk-in-closet plus a spacious windowed primary bathroom with double sinks, waterworks fixtures, honed Royal Danby marble floors, bathtub deck, shower bench and vanity flanked by lacquered olive ash wood complete the primary suite offering.
3 Available Listings from $5.3M

2. 520 Park Avenue, #26 – $20,000,000

Upper East Side | Condo
520-Park-Avenue-01 520 Park Avenue via Douglas Elliman
520-Park-Avenue-02 Images of identical unit available one floor below via Douglas Elliman
2 Available Listings from $20.5M

3. 432 Park Avenue, #34 – $19,,768,295 ($2,444 / ft2)

Midtown East | Condo | 5 beds, 6.5 baths | 8,088 ft2
432-Park-Avenue-01 All images of 432 Park Avenue via Douglas Elliman
8 Available Listings from $5.75M

4. 166 Perry Street, #PH – $17,700,000 ($2,598 / ft2)

West Village | Condo | 6 beds, 5.5 baths | 6,845 ft2
166-Perry-Street-01 All images of 166 Perry Street via Nest Seekers
From the listing:
An opulent duplex penthouse nestled in a prime West Village location, this palatial 6-bedroom, 5.5-bathroom condo is a testament to contemporary luxury and design.

Features of this 6,845-square-foot home include stunning hardwood floors, wall-to-wall floor-to-ceiling windows with quadruple exposure and Hudson River views, wood-burning fireplaces, central heating and cooling, a laundry room with built-in storage and a utility sink and washer/dryer, an in-home gym with state-of-the-art equipment, a home office, and a pair of 78-foot-long terraces of 2,300 square feet, with lounge furniture, planters, and a private pool.
2 Available Listings from $2.35M

5. 52 Lispenard Street, #4 – $6,000,000 ($1,796 / ft2)

Tribeca | Condo | 5 beds, 4.5 baths | 3,341 ft2
52-Lispenard-Street-01 All images of 52 Lispenard Street via The Corcoran Group
From the listing:
Arrive to the 3,341-square foot home via a minimal-contact, key fob-locked elevator shared by just four other residents. The building stairway provides another private point of ingress. Inside the home's gracious foyer, you'll find a full bathroom perfect for washing hands immediately upon entry. A walk-in closet and laundry room — equipped with a utility sink, storage and GE washer and vented dryer — allow you to easily stow clothing and belongings without carrying them through the rest of the house.

Inside, chic designer finishes and grand proportions create living spaces you'll be happy to linger in. Golden sunlight and neighborhood views fill the 33-foot-wide great room thanks to massive north-facing windows. This sprawling space accommodates generous living and dining areas alongside a cozy shiplap fireplace, soaring ceilings and wide-plank white oak flooring. Custom glass-and-steel doors allow light to flow to the adjacent library/bedroom, featuring handsome built-ins, a walk-in closet and direct access to the foyer bath. Cooking and entertaining home is a breeze in the beautifully executed open kitchen featuring minimalist cabinetry, slabs of Banco Borealis marble, a waterfall island/breakfast bar and appliances by Gaggenau and Miele.

Honorable Mention
325 West 112th Street, #THB – $3,995,000 ($1,150 / ft2)

Harlem | Condo | 5 beds, 4.5 baths | 3,473 ft2
325-West-112th-Street-01 All images of 325 West 112th Street via Brown Harris Stevens
From the listing:
First of its kind to the South Harlem & Central Park North sales market, having undergone a complete transformation with no expense spared, 325 W 112th Street's Upper townhouse quadplex condo offers 3,475 square feet of interior living space and 669 Square Feet of not-to-be-missed exterior entertaining space featuring front and back roof top terraces with phenomenal St. John The Divine Cathedral views, wet bar and Weber gas grill. Boasting 11 rooms in total - 5 bedrooms, 4.5 baths, a separate diva's dressing room, chefs pantry and laundry room. Leading in from a gracious private front stoop, enter unit THB's secure remotely monitored entry vestibule offering remote keyless access and seamless and secure package deliveries. One flight up opening up directly into the unit's oversized formal dining and living areas - there is space for a true farmhouse dining table to seat all your friends and family and entertain. Light-filled garden facing full height glass windows lead out to the living room balcony. Just off the dining room you pass a well appointed guest bathroom and enter into Harlem's most stunning topmost Chef's dine-in Kitchen ever on the uptown market. Featuring custom German cabinetry by Leicht matched with an elegant Perle Venato Quartzite waterfall kitchen island with comfortable counter height seating for 6. Pure white Glassos side counters and backsplash, double under mount sinks and Donzi faucets. An appliance package for the real professional - offering a 48" Wolf 6 Burner Double Oven Range with Fully Vented 45" Wolf Range Hood. A 30" Wolf E-Series Integrated Micro-wave, 30" E-Series Wolf Integrated Convection Wall Oven and 24" Wine Cooler. Perfectly matching in decor is the 48" Paneled Sub-Zero Wifi side by side refrigerator with Nasa Inspired air purification system and double 36" Silence Series paneled Bosch dishwashers.

Top Contracts
1045-Madison-Avenue-01 All renderings of The Benson via Hayes Davidson
From the listing:
A duplex that is being constructed out of two floors in the new condo called The Benson. The original configuration of each floor was 6 bedrooms and 5.5 bathrooms. Each floor has a fireplace. The total square footage is 8,386 square feet. The Benson is an elegant boutique residence designed by the award-winning architect Peter Pennoyer as his tribute to the architectural legacy of the Upper East Side. Perfectly located at 79th Street and Madison Avenue, just one block from Central Park and the Metropolitan Museum of Art. The Benson's facade is comprised of hand-carved, hand-laid Indiana limestone, distinctive mullioned windows, a series of gracious set-back terraces detailed with intricate ironwork to exemplify the buildings classic uptown character.

157-West-57th-Street-01 All images of One57 via Extell
From the listing:
Perched on the 62nd floor, is this half-floor three-bedroom residence featuring walls of glass creating an expansive living space of extraordinary scale and light. Enter through the inviting entry gallery leading into the Grand Salon, the centerpiece of this exceptional floor plan, with soaring 11' ceilings and dimensions of 42 by 30 feet offers the ideal setting for formal entertaining and the display of fine art, boasting floor-to-ceiling windows with over 40 feet of direct Central Park frontage to the north and panoramic city views to the south.

Adjacent to the grand salon is the eat-in chef's kitchen adorned in Miele appliances, dual built-in refrigerators/freezers, dual stainless steel wall ovens, dual dishwashers, warming drawer, premium coffee bean system, Sub-Zero wine cooler, and custom designed integrated kitchen island stools and cabinetry handcrafted by Smallbone of Devizes. Sitting on the opposite wing of the rest of the residence is the corner primary suite, encompassed with triple exposures affording captivating views of the NYC skyline and Central Park. The primary suite features two dressing rooms with the en suite bathroom finished with marble slab floors, Dornbracht fixtures, radiant heat flooring, complemented by dual water closets and vanities, a windowed walk-in shower, and a deep-soaking tub.
18 Available Listings from $3.3M

172-Madison-Avenue-02 Interiors via Triplemint
From the listing:
The full floor mansion residence boasts nearly 3,000 interior square footage, four spacious bedrooms all including full en-suite bathrooms with heated marble floors, and a guest powder room. Outside, you will revel in the wraparound terrace amounting to an additional 3,000 square feet of outdoor space, including a heated 50-foot private swimming pool.

The wow factor begins the moment you step off the elevator to your private landing complete with stunning marble floors. As you move into the living room, you will be blown away by the 18 foot ceilings, the floor to ceiling wrap around windows, the beautiful white oak floors, and the expansive open layout, all overlooking your private swimming pool and terrace.

The open kitchen features top-of-the-line Miele appliances and sleek white cabinetry. There is an integrated Marvin wine cooler and Miele custom overlay refrigerator and dishwasher, along with a vented cooking range. This is beautifully finished with a Luce De Luna quartz counter.
3 Available Listings from $1.75M

525-West-27th-Street-01 All images of Jardim via Douglas Elliman
From the listing:
Ideal proportions and warm materials imbue this residence with Isay Weinfeld's signature modernist elegance. Each interior detail has been precisely executed: from floating base reveals that highlight 7'' wide plank, Oscar Ono oak floors to custom oak paneling and imported Italian doors with Valli & Valli hardware. Continuous 10'6"-foot ceilings and perfectly scaled rooms create a sense of luxurious calm.

Jardim is the first residential condominium commissioned by award-winning Brazilian architect Isay Weinfeld. Developers Centaur Properties and Greyscale Development have worked hand in glove with Weinfeld and a global team of best-in-class craftsmen to execute the vision of this celebrated maestro.
5 Available Listings from $1.5M

42-West-70th-Street-01 All images of 42 West 70th Street via Leslie J. Garfield
From the listing:
Welcome to one of the Upper West Side's finest properties. This grand home satisfies all the needs of a discerning townhouse buyer: premium width of 23', handsome brick and brownstone facade, south-facing garden, soaring ceilings, surrounded on all sides by other landmarked townhouses, and located on the Upper West Side's most desirable townhouse block. 42 West 70th Street is a classic and well-maintained 6-unit brownstone that was built in 1892 and designed by the architect Thom & Wilson in the Renaissance Revival style with Neo-Grec elements. This home is filled with exquisitely preserved original architectural details, spans 8,360 square feet and features abundant natural light and endless potential. In its current 6-unit configuration, the home provides a worthy live-plus income opportunity, with an owner's duplex on the parlor and third floors, a studio and one bedroom on the garden level, a floor-through on the fourth floor and two one-bedrooms on the fifth floor. The townhouse would also be ideal for conversion to a grand and luxurious single family home.

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