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111 West 57th Street #PH20, the penthouse at the top of Steinway Hall and the past week's top contract (Corcoran) 111 West 57th Street #PH20, the penthouse at the top of Steinway Hall and the past week's top contract (Corcoran)
Manhattan Contracts:

  • From July 25-31, 2022, a total of 186 townhouses, condos, co-ops, and condops entered contract
  • The average time on the market was 89 days
  • The total sticker price sum came to $389,839,650, and the median last asking price came to $1,287,500
  • There were 92 condo deals that came to an aggregate total of $246 million. They came to a median asking price of $1,522,500 and spent an average of 96 days on the market
  • The three condop deals came to a total of $4 million and a median last asking price of $995K. They spent an average of 134 days on the market
  • The 88 co-op deals aggregated to $113 million and came to a median last asking price of $799,500. They spent an average of 82 days on the market
  • The three townhouse deals came to a total of $27 million and a median last asking price of $7,995,000. They spent an average of 73 days on the market

Updated 8/4/2022 with information on the buyer of 299 West 12th Street, #PHA

The top contract of the past week was #PH20, a 3-bedroom, 4.5-bath duplex at the top of the Steinway Hall component of super-skinny supertall 111 West 57th Street. It entered contract with an asking price of $21,000,000, or $2 million more than the asking price listed on the initial offering plan filed in October 2015. The penthouse measures 5,269 interior square feet and 3,788 exterior square feet, spread across a private terrace accessed from the lower-level bedrooms and the massive terrace surrounding the upper-level primary suite.
The top downtown contract and second-highest overall took place at 299 West 12th Street, a downtown collaboration between Emery Roth and Bing & Bing, where #PHA had an $18,300,000 asking price. The building was converted to a condo in 1986, at which time (as per the listing) the sponsor kept the three-bedroom penthouse with a solarium and multiple private terraces for himself. He sold it four years later, and it has been carefully maintained and updated, though not at the expense of its architectural uniqueness, ever since. Olshan Realty's market report identified the buyer only as a current Village resident; a short time later, Gimme Shelter identified the buyer as Bravo host/producer Andy Cohen, who is indeed a resident of the West Village. The building has also counted Jennifer Aniston among its residents.

Top Contracts
111-West-57th-Street-01 111 West 57th Street, #PH20 (Corcoran)
111 West 57th Street
Billionaires Row
Midtown West supertalls
From the Listing:
The Landmark Penthouse atop 111 West 57th Street's iconic Steinway Hall provides an unparalleled opportunity for one who enjoys entertaining on a grandiose scale. The duplex Penthouse offers three bedrooms, and four-and-a-half bathrooms within 5,269 square feet of interior space, accentuated by 3,788 square feet of exterior space. Elevators open directly into the Landmark Penthouse's formal entrance gallery with adjacent interior office and an exquisite powder room finished in jewel onyx. The south gallery leads to the monumental great room which boasts double-height, 26-foot vaulted ceilings, a fireplace and arched glass doors opening onto a wraparound terrace with exposures to the south, east and west. The windowed kitchen features a countertop and backsplash in Cristallo Gold quartzite and top-of-the-line appliances by Gaggenau, including convection, steam and speed ovens, an integrated coffee maker and zoned, refrigerated wine storage.
9 Available Listings for Sale from $7,750,000

299-West-12th-Street-01 299 West 12th Street, #PHA (Brown Harris Stevens)
West Village condos
299 West 12th Street
299 West 12th Street
From the Listing:
PHA has nearly 3,000 square feet of interior space, along with 1,950 square feet of outdoor terrace delight across two floors. Impressive on their own, what makes this Penthouse so unique is the interconnectivity between those two, ending up with nearly 5,000 livable square feet. On the lower floor of the penthouse, the terrace wraps around the apartment, granting direct easy access to usable exterior space from every significant room. And because 299 West 12th Street is the highest building in the West Village, north of Canal Street its views from this terrace are simply outstanding.
1 Available Listing for Sale for $3,700,000
3 Available Listings for Rent from $4,650/month

124-East-64th-Street-01 124 East 64th Street, #TH (Leslie J. Garfield)
Upper East Side townhouse
124 East 64th Street
From the Listing:
124 East 64th Street is a renovated 20’-wide, six-story single-family home on one of the premier Upper East Side townhouse streets, only steps from Park Avenue. Features of this spectacular home include a rebuilt structure, whole house generator, radiant heated floors, elevator, excavated basement, grand ceiling heights, multiple outdoor spaces, and over 5,600 square feet of space. A perfect blend of contemporary and traditional styles can be found on every level, and natural sunlight soaks the home at all times of the day. Savant and Lutron lighting systems control security, lighting, shades, audio, and thermostat in the home and remotely.

71-Laight-Street-01 Sterling Mason, #4D (Compass)
Tribeca condos
71 Laight Street Tribeca
From the Listing:
Located in the prestigious Sterling Mason building, this turnkey home has it all - triple corner exposure, bright, spacious, customized, and comes with a private, deeded parking spot and a private storage unit. Residence 4D is a triple mint, well laid out 4-bedroom, 4.5-bathroom, 3,200+ square-foot home in prime Tribeca. As you enter this loft-like home through your spacious gallery foyer, you are greeted with 10’ ceilings into your 31-foot great room facing north and east overlooking Tribeca’s beautiful cobblestone streets. The grand living room features 6 large windows that let a great amount of sunlight in and a beautiful ethanol fireplace. Your spacious eat-in kitchen, designed by Henrybuilt, is separated by pocket doors showcasing a corner dining banquette.

14-East-90th-Street-01 14 East 90th Street, #11A (Douglas Elliman)
From the Listing:
This extraordinary apartment is not to be missed! A private elevator welcomes you to this rarely available, sprawling 14-room, high floor home with iconic and breathtaking views of the Reservoir, extending across Central Park to the West Side. A gracious center gallery opens to the living spaces and also to the bedroom wing. Five large windows embrace the 30-foot corner living room with fireplace, double exposures and offer panoramic views of Central Park and the Reservoir. The formal dining room, with a fireplace, easily seats 20+ and is a perfect size for grand scale entertaining. A library flows seamlessly from the dining room.

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