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A residence in this prewar-inspired building on the Upper East Side took NYC's top contract last week A residence in this prewar-inspired building on the Upper East Side took NYC's top contract last week
Fresh off last week's 2024 high of 26 luxury contracts ($4 million and up) signed throughout Manhattan, the week of February 19-25, 2024 topped it with 29 luxury contracts being signed. Olshan Realty's luxury market report ("Olshan") notes that the last time the market recorded this volume of contracts was late June 2023. This figure is especially noteworthy considering the Presidents' Day federal holiday shortened the work week and might have resulted in fewer contracts by default.
135 East 79th Street 135 East 79th Street, #PHW (Douglas Elliman)

In this article:

150 Charles Street
150 Charles Street West Village
71 West 11th Street
71 West 11th Street Greenwich Village
The Brentmore, 88 Central Park West
The Brentmore, 88 Central Park West Central Park West
120 East 71st Street
120 East 71st Street Park/Fifth Ave. to 79th St.
925 Park Avenue
925 Park Avenue Carnegie Hill
The top contract was for Penthouse W at prewar-style condominium 135 East 79th Street, which was asking $19,995,000 shortly after a small price reduction from its original ask of $22,500,000 when it was listed in November 2023. And yet, even if the penthouse had entered contract for the ask, the unidentified seller would still have taken a loss -- Olshan notes that they paid $23,419,750 for it in January 2014.

The duplex penthouse measures 5,086 interior square feet and offers nearly 800 square feet of private outdoor space spread across two terraces. The thoughtful floor plan puts the living room, formal dining room, chef's kitchen, and media room on the lower level, while four of the five bedrooms are located upstairs for optimal privacy.
27 Wooster Street corner living room A home at 27 Wooster Street in SoHo took the second-highest contract
Nipping at its heels was Residence #7A at 27 Wooster Street, which was asking $18,950,000 and entered contract less than a year after listing in April 2023. The listing notes that the full-floor, four-bedroom, 5,075-square-foot condo features interiors by Thomas Juul-Hansen, key-locked elevator access, ultra-private bedrooms with en suite baths, a south-facing garden overlooking Soho Mews, and parking included. Neither the buyer nor seller was identified, but Olshan notes that the seller paid $16,801,125 for it in March 2016.
Also of note, shortly after celebrity photographer Annie Leibovitz's apartment at Central Park West cooperative The Brentmore closed for well above ask, another photographer's home at The Brentmore entered contract: Residence #8S, the longtime home of documentary photographer Elliott Erwitt, was asking $11,500,000 in the sixth-highest contract of the week. The buyer has not been identified, but another luminary would not be surprising: In addition to Ms. Leibovitz and Mr. Erwitt, The Brentmore has counted Academy Award-winning actress Celeste Holm, stage actress Joan Copeland, and musician Paul Simon among past residents.
71 West 11th Street 71 West 11th Street, #TH (The Corcoran Group)
Meanwhile, three townhouses ranked among Manhattan's top ten contracts. 71 West 11th Street led the charge among them with a $13,950,000 ask for the top townhouse contract and third-highest overall. When it listed in April 2023 with an asking price of $14.5 million, Robb Report noted that it had long served as the home of Gene's, one of the oldest restaurants in the city that has counted Sarah Jessica Parker and John Leguizamo among its clientele. The Italian restaurant has since moved next door to 73 West 11th Street and the house has been beautifully renovated into a single-family home, though not at the expense of its original Italianate architecture.
It was closely trailed by 120 East 71st Street, which had the fourth-highest contract with a $13,500,000 ask. It dates back to 1879 and, according to the listing, was purchased by the Society of the Descendants of the Mayflower in the 1920s for use as an event space and showcase for their library collection. More recently, it was purchased by an entity dubbed Savyon Gimel LLC for $5.6 million in 2008 and underwent an extensive, Landmarks-approved renovation that included a new limestone exterior, a new elevator, marble fireplaces, and five wine refrigerators with a 1,000-bottle capacity (h/t The Real Deal). Public records indicate that it sold to finance executive David Puth for $14,100,000 in spring 2014.

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4 East 72nd Street, #4A (Brown Harris Stevens Residential Sales LLC)

150 Charles Street, #3GS (A & I Broadway Realty Inc)

200 West End Avenue, #PHC (Compass)

Fifteen Hudson Yards, #77B (Corcoran Group)

41 West 87th Street, #NA (Douglas Elliman Real Estate)

The Brentmore, #8S (Douglas Elliman Real Estate)

925 Park Avenue, #3/4A (Corcoran Group)

120 East 71st Street, #TH (Compass)

71 West 11th Street, #NA (Corcoran Group)

27 Wooster Street, #7A (Compass)

135 East 79th Street, #PH15W (Douglas Elliman Real Estate)
Would you like to tour any of these properties?
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Or call us at (212) 755-5544
Would you like to tour any of these properties?