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16 West 77th Street's penthouse is now in-contract for $22.5M (Brown Harris Stevens) 16 West 77th Street's penthouse is now in-contract for $22.5M (Brown Harris Stevens)
Since the last week of January, the luxury Manhattan market has seen a steady 20+ contracts signed, but that all changed last week: 14 contracts were signed, meaning the real estate market has officially been hit by the summer slowdown, according to Olshan's latest market report.

The top signed contract was a $22.5 million penthouse at 6 West 77th Street. The 13-room co-op, which is in need of a total renovation, was sold by the estate of bestselling author Nancy Friday and overlooks the American Museum of Natural History and Theodore Roosevelt Park. It spent just two months on the market.
Last week's top recorded sales included a $10.6 million six-bedroom unit at the Robert A.M. Stern-designed 20 East End Avenue, and close behind, a $10.5 million four-bedroom unit at another new development, 160 Leroy. At the top of that building, a $51 million penthouse, #PHNorth, went into contract last October and is expected to close for $43 million in the coming weeks, making it the priciest home sold south of 14th Street. PageSix reports billionaire Michael Rubin, executive chairman of Fanatics and Philly 76ers owner, is the once-secret buyer.
Last Week's Top 5 In-Contract:
4 beds, 3.5 baths | 3,200 square feet
Listed May 23, 2018 (Brown Harris Stevens)
From the listing:
Trophy terraced Penthouse on 77th & Central Park West available for the first time in 40 years. This glamorous home sits a top a prewar building on one of the best blocks in Manhattan and boasts approximately 3,200 sq ft of private outdoor space with incredible views over Central Park and the Lake, the Natural History Museum and the entire city skyline. Originally 4 separate apartments this home occupies the entire 17th floor and part of the 16th floor and is currently configured as a duplex apartment, a one bedroom and a studio.
No Available Listings, See Building Profile
5 beds, 6+ baths | 6,534 square feet
Listed May 3, 2018 (Leslie J. Garfield)
From the listing:
Rare Opportunity to Own A Unique 24.5 Foot Wide Magnificent Custom Built Townhouse in The West Village. This exceptional home has a contemporary sandstone facade, multiple outdoor spaces and is filled with light from floor-to-ceiling windows throughout every floor. On the entry level is a huge open kitchen and dining area, which opens to an outdoor garden with space for a table. This floor also features an extra bedroom/office with full bath and an additional powder room. The parlor level has an airy and wide open floor plan with a gas fireplace and terrace.
No Available Listings, See Building Profile
4 beds, 4.5 baths | 4,187 square feet
Listed Sep 7, 2017 (Halstead)
From the listing:
Upon entering this grand scale four bedroom duplex Penthouse, located on the 50th and 51st floors, you will be captivated by the glorious Central Park/city vistas, featuring floor-to-ceiling oversized windows throughout, allowing for fabulous views and light. This meticulously designed apartment, with its own private elevator, was fully renovated just a few years ago, with beautiful finishes and great attention to detail. It includes a Crestron system that controls lighting, window shades, curtains, and sound.
9 Available Listings from $2.425M
4 beds, 5.5 baths | 4,800 square feet
Listed May 22, 2018 (Halstead)
From the listing:
BE DAZZLED BY THE VIEWS. Dramatic penthouse with panoramic views and grand open rooms for entertaining. Watch the sunrise from the living room with views onto the East river, LaGuardia and beyond. Move on to the center hall with views of Central Park, George Washington Bridge, the Palisades and beyond. Dine in the west facing dining room with Manhattan's spectacular sunsets with views of the Empire State and Chrysler buildings, Hudson River and the horizon beyond New Jersey. 16ft ceilings, 8ft windows with electronic solar shades.
17 Available Listings from $1.425M
4 beds, 4.5 baths | 4,480 square feet
Listed Jun 29, 2018 (Douglas Elliman)
From the listing:
The Belnord: the Upper West Side's most storied building, re-envisioned by renowned architect Robert A.M. Stern. Originally built in 1908, and occupying a full city block in the heart of the Upper West Side, this landmarked, Italian Renaissance building blends gracious pre-war proportions and history with all the modern conveniences and luxuries of today. This masterfully conceived floor-through four bedroom, four and a half bathroom residence embraces east and west exposures, with beauty abounding throughout its sumptuous layout. 10 foot ceilings, fully restored, oversized mahogany windows, and white oak floors with chevron and plank patterns throughout complement this expansive 5,050 square foot home.
11 Available Listings from $3.2M
Last Week's Top 5 Closings:
6 beds, 6.5 baths | 4,299 square feet
Last Sold on Jul 10, 2018 (Corcoran)
From the listing:
Well renowned architect, Robert A. M. Stern, envisioned 20 East End as his signature building – a bespoke property emanating luxury and elegance. One-of-a-kind residence 5D, a sweeping 6 bedroom and 6 and one half bathroom duplex, is certainly testimony to that vision. Offering North and South exposure, 5D showcases timeless elegance in its grandiose floor plan. Spanning approximately 4,300 interior square feet, and approximately 464 exterior square feet, this palatial residence features 11 foot ceilings, expansive casement windows, custom moldings, 8 foot doorways and Appalachian oak herringbone flooring with a walnut stain.
3 Available Listings from $10.895M
4 beds, 4.5 baths | 2,333 square feet
Last Sold on Jul 10, 2018 (Douglas Elliman)
From the listing:
You will find panoramic serenity in this extraordinary 2792 sq ft four bedroom residence conceptualized by Ian Schrager and designed by Herzog & de Meuron, featuring 11' ceilings and sweeping, iconic views of the Hudson River, City Skyline, and Statue of Liberty. Masterfully designed for the modern lifestyle, the residence's open floor plan accommodates gracious living and entertaining, while maximizing light and offering an abundance of wall space for art. The exceptional corner Great Room on the waterfront opens into the Social Eat-in Kitchen by Bulthaup with Scandinavian Larch wood cabinets and hand selected Sivec marble slab countertops and backsplash. All the appliances are fully integrated including a Sub-Zero refrigerator, Wolf oven, Gaggenau cooktop and Miele dishwasher.
7 Available Listings from $5.55M
3 beds, 3.5 baths | 3,389 square feet
Listed Last Sold on Jul 2, 2018 (Stribling)
From the listing:
The intimate Prewar 147 Waverly Place is the ultimate luxurious boutique condominium featuring the character of the old with all the modern conveniences of the new. Enter an outstanding, fully upgraded triple mint, sun-filled West Village pre-war condominium that provides exquisite 360 degree views of the city. The 3 bedroom plus den, 3.5 bath apartment measures approximately 3,400 sq.ft. and offers high ceilings, Wenge wood floors and a four zone A/C system throughout. The entry foyer leads to a wide open entertaining space, an open kitchen and great room offering expansive views giving an impression of endless space.
No Available Listings, See Building Profile
5 beds, 5 baths | 4,061 square feet
Last Sold on Jul 9, 2018 (Corcoran)
From the listing:
Townhouse living with all the conveniences and perks of a Condo. Gracious 5 bedroom 5.5 bath duplex residence nestled in the tree tops on the 2nd and 3rd floors of 207W79. Townhome B has been elegantly and thoughtfully designed by Morris Adjmi Architects with all entertaining spaces on the first level and bedrooms on the second level. A South facing media room is open to the kitchen and can easily be a den, informal living room or used for hosting large dinner parties. An oversized living room features a gas fireplace and floor-to-ceiling casement-style windows that lead to a fully landscaped garden. An outdoor kitchen is complete with Viking grill, refrigerator and sink.
4 Available Listings from $4.75M
3 beds, 5.5 baths | 4,970 square feet
Last Sold on Jul 6, 2018 (Brown Harris Stevens)
From the listing:
A once in a lifetime opportunity exists to purchase the Penthouse at the legendary Museum Tower. This impressive property occupies the Northern side of the 51st and 52nd floors, with spectacular views of Central Park, the Hudson River, George Washington Bridge, and/or Midtown, from every room. The Museum Tower, designed by architect Cesar Pelli, is an iconic award-winning full service, white glove building next to the Museum of Modern Art.
5 Available Listings from $1.35M
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Content Specialist Sandra Herrera Sandra Herrera is a writer, editor, and graphic designer based in Brooklyn, NY.