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50 West 66th Street, 760 Madison Avenue, and 64 East 7th Street were among the top contracts signed in NYC last week 50 West 66th Street, 760 Madison Avenue, and 64 East 7th Street were among the top contracts signed in NYC last week
January 2024 has not drawn to a full close yet, but it has already been a robust time for Manhattan's real estate market. CityRealty data shows that 559 contracts have been signed in January 2024, surpassing January 2023's total of 524. Meanwhile, Olshan Realty's luxury market report notes that contracts for 25 units priced $4 million and up were signed from January 22-28, 2024, making it the biggest week in luxury contracts since early October 2023, when 26 contracts were signed.
Leading the charge by a comfortable margin was Residence #9 at The Giorgio Armani Residences, which entered contract with an asking price of $25,000,000. Like all condos on top of the forthcoming Giorgio Armani flagship on Madison Avenue, this full-floor, five-bedroom home with private elevator landing features interiors by Mr. Armani, soaring ceilings, oversized windows, chef's kitchen with Gaggenau appliances, and, appropriately enough, extremely generous closet space in all the bedrooms. The first interior renderings were unveiled in September 2023, and the boutique building is reportedly 50% sold.

In this article:

The New Museum Building, 158 Mercer Street
The New Museum Building, 158 Mercer Street SoHo
The Giorgio Armani Residences, 760 Madison Avenue
The Giorgio Armani Residences, 760 Madison Avenue Park/Fifth Ave. to 79th St.
3 Riverside Drive
3 Riverside Drive Riverside Dr./West End Ave.
10 Madison Square West, 5 West 24th Street
10 Madison Square West, 5 West 24th Street Flatiron/Union Square
950 Park Avenue
950 Park Avenue Carnegie Hill
50 West 66th Street -02 50 West 66th Street getting closer to its final height as of late January 2024 (CityRealty)
The second-highest contract was for another five-bedroom condo, this one Residence #17FG at 50 West 66th Street, asking $16,500,000. Few details about the interiors are available, but the buyer will enjoy expansive views and abundant light from floor-to-ceiling windows facing south and west, as well as access to a 50,000-square-foot luxury amenity package.

At 775 feet high, 50 West 66th Street has outstripped the nearby, 668-foot-high 200 Amsterdam Avenue as the tallest building on the Upper West Side. However, the latter remains in demand -- the four-bedroom Residence #29A had the third-highest contract with an asking price of $14,495,000.
64 East 7th Street 64 East 7th Street, #TH, the historic house and top townhouse contract (Douglas Elliman)
Meanwhile, it was a good week for Manhattan townhouses, which accounted for three of the top ten contracts. The top townhouse contract and fourth-highest overall was for 64 East 7th Street, which was asking $12,500,000, down $1 million from the initial asking price of $13,500,000. The Greek Revival townhouse took shape in 1840 as the parsonage for the nearby Evangelical Lutheran Church of St. Mark (now the Sixth Street Community Synagogue, per Jeremiah's Vanishing New York); Reverend George Haas and his family lived there.
The church tragically lost the majority of its congregation, Reverend Haas' wife and daughter among them, in a 1904 fire aboard the PS General Slocum steamship en route to a church picnic on Long Island. With 1,021 deaths among the 1,342 people on board, the event was considered the worst maritime disaster until the Titanic sank and New York's worst disaster until 9/11. Many remaining parishioners left the East Village for Yorkville to escape the painful memories, and pro-Communist newspaper Russky Golos ("Russian Voice") moved into the house. In 1920, publisher Alexander Brailovsky was arrested at the offices following a Wall Street bombing that killed more than 30 people; however, he was soon released and the crime was never solved.
PS General Slocum General Slocum (Unknown author - The National Archives General Slocum Disaster, Public Domain,
In the decades that followed, the General Slocum tragedy faded in memory and the Beat Generation came to the forefront in the late 1950s and early 1960s, as the building became home to coffeehouses like the Cart Wheel and Les Deux Mégots (a play on the famous Parisian café). Poets like Allen Ginsberg and Ed Sanders read at Les Deux Mégots; it also became a site of political activism with speakers like William F. Buckley and Paul Krassner giving talks on current events.

Over the next few decades, the Beat Generation gave way to hippie and punk scenes, and 64 East 7th Street followed suit. In 1962, The Paradox, the city's first macrobiotic restaurant, opened in the building; Yoko Ono and Loudon Wainright III were among the early employees. In the 1970s, after The Paradox moved out, Book Row mainstay Books 'N Things moved in and Patti Smith was rumored to have shopped there.
After Books 'N Things closed in the 1990s, the most notable tenant to move into the space was designer consignment shop Tokio 7; after it moved to larger quarters down the street, 64 East 7th Street was turned into a single-family home with a full gut renovation and rooftop addition. It sold for $5,700,000 in May 2008; eleven years later, entrepreneur Bill Joy bought the house for $15,750,000.

The surrounding area was designated the East Village/Lower East Side Historic District in 2012. 64 East 7th Street itself was designated an individual landmark in August 2020, and was the subject of a genre-mixing concept album and a lengthy profile in The New York Times in spring 2023.
3 Riverside Drive 3 Riverside Drive, #TH (Compass)
Further uptown, 3 Riverside Drive also entered contract last week. The French Renaissance Revival mansion dates back to 1895, when it was built by C.P.H. Gilbert and was once the home of philanthropist William Guggenheim. More recently, the former owners embarked on an extensive renovation to include a suite of amenities like a pool, partial basketball court, spa, home gym, movie screening room, and game room.

Public records show that the most recent owners bought the house for $18,500,000 in April 2017. Its most recent asking price of $9,995,000 represents a $3 million reduction from when it was listed at the beginning of January 2023, but was nevertheless good enough for the week's second-highest townhouse contract, and to tie with a NoMad condo for the fifth-highest contract overall of the week. The intrepid buyer has not been identified.

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Top 10 Contracts by Last Ask Price

443 Greenwich Street 443 Greenwich Street, #1D (Compass)
From the Listing:
Nestled in Tribeca, this residence stands out for its generous space, premium finishes, prime location, and unmatched privacy. Step into your meticulously crafted 3,150-square-foot home, where every detail reflects sophistication. The private foyer welcomes you with limestone inset flooring and a handcrafted blackened steel feature wall. This expansive layout encompasses 3 generously sized bedrooms, a den/family room, and 4 bathrooms. Abundant natural light flows through oversized windows with south/east/west exposure. Lofted ceilings showcase original Carolina yellow pine beams and columns from 1882, complemented by stunning 8-inch wide white oak floors. A spacious laundry room features a vented Electrolux full-size washer and dryer, utility sink, and storage. Experience culinary delights in your impressive Christopher Peacock custom-designed kitchen. See floor plan and full details here.

443 Greenwich Street has 1 public availability asking $28,000,000.

182 Sullivan Street, #TH (Compass)

45 Walker Street, #2 (Compass)

925 Park Avenue 925 Park Avenue, #5/6C (Sotheby's International Realty)
Corner living room with fireplace and beamed ceiling
Entrance foyer with staircase and access to entertaining rooms
Upper East Side views
From the Listing:
This rarely available 5-bedroom, 4.5-bath duplex defines perfection offering all the benefits and grandeur of townhouse living along with the conveniences and services of a distinguished, luxury Park Avenue cooperative. Simply stated, this incredible home, designed by renowned interior decorator, Alexa Hampton, has it all.

Enter through the elegant gallery to a gracious living room with a wood burning fireplace and corner windows facing east and south over the beautiful tree-lined townhouse block of East 80th Street. An adjacent library with an additional fireplace and large windows facing south provide a great expanse for large gatherings or pocket doors allow for privacy creating the perfect media room for modern living. The impressive square dining room completes the entertaining portion of this exquisite home.
See floor plan and full details here.

925 Park Avenue has no public availabilities.

950 Park Avenue, #11B (Douglas Elliman Real Estate)

The New Museum Building, #11B (Sothebys International Realty)

3 Riverside Drive, #TH (Compass)

10 Madison Square West, #8E (Engel & Volkers New York Real Estate LLC)

64 East 7th Street, #NA (Douglas Elliman Real Estate)

200 Amsterdam, #29A (Brown Harris Stevens Residential Sales LLC)

50 West 66th Street, #17FG (Corcoran Group)

The Giorgio Armani Residences, #9 (Douglas Elliman Real Estate)
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