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220 Central Park South via Vornado Realty Trust 220 Central Park South via Vornado Realty Trust
Last week, Manhattan apartment closings rose from $255 million to $360.3 million in aggregate sales. The 139 sales comprised 63 condos, 73 co-ops, and 3 condops.

Over the past week, two full-floor units at 220 Central Park South closed for a combined $109 million. And yesterday, The Real Deal announced that the 8,200-square-foot duplex penthouse at the top of the tower closed for a whopping $99.9 million, having gone into contract in May 2017. The four-bedroom penthouse came out to $12,164 per square foot, and also features nearly 850 square feet of private outdoor space. Its offering price was $108 million.
Thanks to the extremely high closing prices of the units at 220 Central Park South, the average sales price of condos for the past week was $4.31 million, or $2,018 per square foot. The average price paid for co-ops dipped slightly to $1.117 million.
Meanwhile, from July 20-26, 2020, 15 contracts on Manhattan apartments priced at $4 million and above were signed with a total asking price sales volume of $118,495,000. Not only is this the highest number of contracts and largest dollar volume since mid-March 2020/pre-pandemic, but Olshan Realty's market report notes that this is one more contract signed than during the same week in 2019, when the new mansion tax had come into effect.

The top contract of the past week was a 5-bedroom, 4.5-bath Upper East Side co-op asking $17.5 million. It is the former residence of stage and screen actress Kitty Carlisle Hart and, most recently, Jeff Zucker, chairman of Warner News Media and president of CNN Worldwide. He and then-wife Caryn Nathanson purchased it for $12.3 million in 2007, and listed it in February 2020 in the wake of their divorce.
The second-highest contract of the week, a 5-bedroom, 6.5-bath duplex condo listed for $17 million, took place at Olympic Tower. Not only was the skyscraper developed by Aristotle Onassis, but he also designed this particular unit. Listing broker John Barbato of Compass declined to comment on the buyer's broker, but noted that negotiations between the buyer and seller, both foreign, commenced on March 19, shortly after the city went on lockdown. "The juiciest part was the buyer never saw the unit," Mr. Barbato says.

Top Sales

1. 220 Central Park South, #68 – $55,500,000 ($9,351.31 / ft2)

Midtown West | Condo | 4 beds, 5 baths | 5,935 ft2
220-Central-Park-South-02 All images of 220 Central Park South via Vornado Realty Trust

2. 220 Central Park South, #64 – $53,967,250 ($9,093 / ft2)

Midtown West | Condo | 4 beds, 5 baths | 5,935 ft 2

415-Greenwich-Street-01 All images of Tribeca Summit via The Corcoran Group
From the listing:
Arrive in the lower level gallery where rows of closets nod to the convenience and ease to be found throughout. Pale French White Oak hardwood floors usher you to an inviting den wrapped in built-in shelving while, ahead, the airy great room features floor-to-ceiling atrium windows framing views of One World Trade and the Woolworth Building. Exposed beams run along the soaring ceilings, and the black designer light fixtures and solid fuel wood fireplace reiterate the home's classic black-and-white design scheme. Outside, the multi-level terrace boasts an outdoor kitchen, artfully arranged seating areas and professional landscaping that brilliantly contrasts the beauty of nature with the beauty of our fair city.

565-Broome-Street-01 All images of 565 Broome Soho via Douglas Elliman
From the listing:
Enter into a breathtaking corner great room and open kitchen ideal for both entertaining and daily living. The corner great room overlooks the spectacular 2,200-square-foot private terrace facing west and north with a heated saltwater pool and an outdoor kitchen. Floor-to-ceiling glass sliding doors surround this expansive 26'5 inch x 25'8 space allowing for abundant natural light and spectacular north and west-facing vistas.

5. 121 E 22nd, 121 East 22nd Street, #NPH1 – $9,500,000 ($3,118.84 / ft2)

Gramercy Park | Condo | 3 beds, 3.5 baths | 3,046 ft2
121-East-22nd-Street-01 All images of 121 E 22nd via Toll Brothers Real Estate
From the listing:
Penthouse 1 offers 3 bedrooms, a den, 3 full baths and 1 half bath. The home features 10' high ceilings, triple exposures and wide plank, white oak floors. The elegant kitchen is equipped with Gaggenau appliances, polished quartz counter tops, and acid-etched, back-painted glass cabinetry with custom millwork interiors. The stunning master bathroom features Calacatta Paonazzo marble counter top, tub deck, and accent walls, and is outfitted with white oak cabinetry, polished chrome Kallista fixtures and an acid-etched glass shower door. The home is crowned with a spectacular private roof terrace, complete with an outdoor kitchen, a grill, a fire pit and planters.

Top Contracts
Co-op | 5 beds, 4.5 baths
32-East-64th-Street-01 All images of The Verona via MW Studios
From the listing:
From the moment you enter the private elevator landing and step into the grand entrance gallery this apartment exudes serenity and elegance with its meticulous finishes, large windows and beautiful natural light. From the 38' living room adorned with Venetian plaster, the adjacent dining room with silk velvet walls, the large lacquered walled library and private office to the 25' chef's kitchen with the finest appliances and 2 eating areas, this apartment is full of extraordinary details including 11' ceilings and 3 working fireplaces. There is nothing like it on the market.
2 Available Listings from $1.375M

Condo | 5 beds, 6.5 baths | 7,750 ft2
641-Fifth-Avenue-01 All images of Olympic Tower via Compass
From the listing:
Enjoy unobstructed wide reaching views from any position through the continuous floor to ceiling windows that wrap around the apartment. Central Park views to the north, the East River to the east and St. Patrick's Cathedral, the Empire State Building and beyond to the south.

This glamorous home is made for entertaining with a perfectly designed layout that has all the rooms in the right places. The first floor begins with a double entry foyer and gallery that leads to a ballroom-sized 41-foot-long corner living room with wet bar and white Thasos marble floor. Also on this level is the formal dining room that seats 12, a chef's eat-in kitchen with marble counters and stainless steel appliances, breakfast room and a 34' library/media room with 8' projection screen. Off of the gallery are 2 south-facing bedrooms with en-suite baths. The corner master suite is on the second level and features 2 full bathrooms and walls of custom closets. Two additional bedrooms, each with en suite baths, complete this floor.
5 Available Listings from $2.25M

Condo | 4 beds, 4.5 baths | 4,476 ft2
135-East-79th-Street-01 All images of 135 East 79th Street via The Modlin Group
From the listing:
Complete with 3 large scale bedrooms and 4.5 bathrooms, this property is in a class of its own, with its gracefully proportioned rooms and fabulous open layout. Upon entry, the elevator opens to the home’s stunning foyer, highlighted by the impressive custom ebonized wrought iron curved stair, which tastefully separates the entertaining areas from the private family spaces.

One of the most captivating features about this penthouse, is the floor to ceiling windows, with unobstructed views, that allow fantastic natural light to permeate the living spaces from the north, south and east exposures. The high level of craftsmanship and intricate detail in the home, make this Penthouse a rare find indeed with extensive owner upgrades and customization throughout. The generously sized 10' ceiling height in the living room, which flows into the dining room, is ideal for entertaining and gracious living — allowing light and air to flood the space. Added features include a commanding gas burning fireplace, butler’s pantry and bonus room perfect for a staff room or home office.
2 Available Listings from $6.75M

Condo | 4 beds, 3.5 baths | 3,000 ft2
95-Charles-Street-01 All images of 95 Charles Street via Douglas Elliman
From the listing:
Residence #5, one of only three condominium homes comprising the building, exudes elegance throughout two stories of impeccably-designed living space complemented by classic touches like rich wood floors, wood window trim and tasteful built-ins. A private keyed elevator brings to you both magnificent levels, starting with the massive floor-through main level featuring a dramatic stretching living room with a wood-burning fireplace, 10' airy ceilings, and an entire wall of sun-filled southern windows.

Down the hall sits a beautiful full bath, laundry, and bedroom wing beyond comprised of two large suites plus a third bedroom. The master is a lovely retreat with corner exposures, a private balcony, two big walk-in closets and an enormous bright en-suite bath. Ascend the sleek staircase or take the elevator to the upper level, where luxurious accommodations for entertaining continue.
1 Available Listing for $14.5M

Condo | 3 beds, 3.5 baths | 2,165 ft2
1-Central-Park-West-01 All images of Trump International via Ostrov Realty Group
From the listing:
This condominium provides the highest level of amenities and services combined with the unbeatable location directly on Central Park with easy reach to Columbus Circle and Lincoln Center shopping and entertainment.The 40D residence has southern, western and eastern exposures with spectacular Central Park, Hudson River, and city views. The layout of the 3-bedroom D line is unique, as most of the rooms feature double exposure. Upon entering, you are led via the stately entrance hallway into a magnificent corner living room with unobstructed Central Park and Columbus Circle views. Master bedroom is located in the separate wing of the apartment and features two walk-in closets, spacious en suite bathroom and astounding views of the Hudson River and Lincoln Center. Both additional bedrooms could rival the master bedroom in size and views and feature the en suite bathrooms.
18 Available Listings from $875K

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