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The price of this One Beacon Court penthouse has been cut by more than 60% (Douglas Elliman) The price of this One Beacon Court penthouse has been cut by more than 60% (Douglas Elliman)
In New York, a famous name connected to an apartment often works wonders to drum up interest. However, as some are discovering, attracting attention and closing a sale are two very different things. Over the past week, price cuts brought them a little closer to market realities and the possibility of purchase. Homes once owned by painter Marc Chagall and interior design pioneer Dorothy Draper are undoubtedly beautiful, but the prices were as lofty as their owners' reputations. The Drumpf effect has hit Drumpf Palace with a 25% price cut on a three-bedroom. And while Steven A. Cohen is said to be making a comeback, things aren't looking so optimistic for his apartment at One Beacon Court--just hours ago, The Real Deal reported that it has just been relisted for $45 million, a still-stratospheric price but drastically discounted from the $115 million it was originally listed for in 2013. The following apartments are among the largest price cuts of the past week.

In this article:

Tower 53, 159 West 53rd Street
Tower 53, 159 West 53rd Street Midtown West
Trump Palace, 200 East 69th Street
Trump Palace, 200 East 69th Street Lenox Hill
840 Park Avenue
840 Park Avenue Park/Fifth Ave. to 79th St.
One Beacon Court, 151 East 58th Street
One Beacon Court, 151 East 58th Street Midtown East
11 West 11th Street
11 West 11th Street Greenwich Village

2-Sutton-Place-South-1 All images of 2 Sutton Place South via Greenthal Brokerage
2-Sutton-Place-South-2 Kitchen
2-Sutton-Place-South-3 Bedroom
2 Sutton Place South #14F floor plan Floor plan
Upon entering this masterfully renovated Sutton Place home, a grand foyer leads to an elegant sunken living room with a wood-burning fireplace and beautiful views of the East River. The chef's kitchen offers a wine cooler and separate dining alcove. A second bedroom is large and flexible enough to be used as a dining room, library, or whatever the buyer desires. See full details here.

248-Central-Park-West-1 All images of 248 Central Park West via Sotheby's
248-Central-Park-West-2 Master bedroom
248-Central-Park-West-3 Cellar-level pool
248 Central Park West #TH floor plan Floor plan
A grand staircase, decorative plasterwork, oak wainscoting, antique fireplace mantels, ornate light fixtures, and a dining room with a carved ceiling all pay tribute to this Central Park mansion's Old World history. However, it has been updated with the state-of-the-art kitchen appliances, open space, and technologies modern buyers have come to expect. From the cellar-level pool and lounge to the top-floor terraces, no detail was overlooked. See full details here.

57-East-73rd-Street-1 All images of 57 East 73rd Street via Halstead
57-East-73rd-Street-2 Dining area and kitchen
57-East-73rd-Street-3 Master bedroom
57 East 73rd Street #PH floor plan Floor plan
Before its condo conversion, this Upper East Side townhouse was once home to painter Marc Chagall. In its current incarnation, it boasts an upper-level living room with a large private terrace overlooking stunning sunset views. The bedrooms are on a separate level for optimal privacy, and the king-sized master suite features a wood-burning fireplace, three large closets, and a marble bath. See full details here.

200-East-69th-Street-1 All images of Trump Palace via Elegran
200-East-69th-Street-2 Master bedroom
200-East-69th-Street-3 Private balcony
200 East 69th Street #21C floor plan Floor plan
High-floor home on the Upper East Side is filled with amazing light and skyline views from southern, eastern, and western exposures, and offers two private balconies to better enjoy them. The dining area is flexible enough to be used as a den or a maid's room. The apartment has two large walk-in closets, and a large deeded storage unit is included in the sale. See full details here.

315-Seventh-Avenue-1 All images of Kheel Tower via Bond NY
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315-Seventh-Avenue-2 Bedroom
315-Seventh-Avenue-3 Private terrace
315 Seventh Avenue #21C floor plan Floor plan
High-floor Chelsea apartment is distinguished by its 11' beamed ceilings, grand entrance foyer and gallery, hardwood floors, and walk-in closet large enough to double as a home office. The bedroom has a large double-door closet and an entrance to the bath. A private terrace runs the length of the apartment and looks out on striking sunset and Hudson Yards views. See full details here.

25-Murray-Street-1 All images of Tribeca Space via Halstead
25-Murray-Street-2 Dining room
25-Murray-Street-3 Master bedroom
25 Murray Street #9E floor plan Floor plan
Spectacular Tribeca condo rivals some city townhouses in terms of the number of bedrooms, superior craftsmanship, and the sheer grandeur of the place. An expansive living room has high ceilings, a wood-burning fireplace, open city views, and seamless flow into a sumptuous library. Down a long hall, the corner master suite features a fireplace, sitting room, multiple walk-in closets, one bath with a steam shower, a second bath with a jetted soaking tub, and sweeping city views. See full details here.

159-West-53rd-Street-1 All images of Tower 53 via Douglas Elliman
159-West-53rd-Street-2 Kitchen
159-West-53rd-Street-3 Bedroom
159 West 53rd Street #25E floor plan Floor plan
High-floor corner condo in the center of everything features open layout, generous storage space, and spectacular sunshine. Building amenities and staff include 24-hour doorman, concierge, parking garage, laundry room, and roof deck with panoramic views. Central Park, the Theater District, Fifth Avenue shopping, and Columbus Circle are a short walk away. See full details here.

11-West-11th-Street-1 All images of 11 West 11th Street via Douglas Elliman
11-West-11th-Street-2 Living room
11-West-11th-Street-3 Private terrace
11 West 11th Street #2 floor plan Floor plan
Expansive Greenwich Village home spans two levels and features high ceilings, enormous windows, a graceful staircase, and custom built-ins. With its wood-burning fireplaces, large eat-in kitchen, and wet bar, the lower level was made for entertaining. The upper-level master suite comes with a wood-burning fireplace, walk-in closet, skylit bath, and private south-facing terrace. See full details here.

840-Park-Avenue-1 All images of 840 Park Avenue via Sotheby's
840-Park-Avenue-2 Dining room
840-Park-Avenue-3 Bedroom
840 Park Avenue #11A floor plan Floor plan
High-floor home in a prime Park Avenue was once owned by interior designer Dorothy Draper, and she would surely approve of the layout for entertaining and abundant sunlight. There are Juliet balconies in almost every room and wood-burning fireplaces in the living room and library. The luxurious master suite has its own wood-burning fireplace, a sizable dressing room, an abundance of custom closets, and bath with light pouring in from French windows. See full details here.

151-East-58th-Street-1 All images of One Beacon Court via Douglas Elliman
151-East-58th-Street-2 Kitchen and dining area
151-East-58th-Street-3 Bedroom
151 East 58th Street #PH51/52W floor plan Floor plan
Enormous duplex designed by Charles Gwathmey is rich in custom finishes, soaring ceilings, impressive proportions, and natural light. A state-of-the-art chef's kitchen is outfitted with black granite countertops and top-of-the-line appliances. All bedrooms have en suite baths, but the master suite is especially impressive with an office, sitting room, two dressing rooms, and two baths. See full details here.
Would you like to tour any of these properties?
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Would you like to tour any of these properties?
Content Specialist Michelle Mazzarella Michelle is a contributing writer and editor for real estate news in New York City