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View of Billionaires' Row from high-floor unit at Selene View of Billionaires' Row from high-floor unit at Selene
As March 2024 drew to a close, the number of contracts signed in Manhattan was enough to bring the month to a nine-month high in terms of signed contracts. But it was not all sunshine for the Manhattan market. The number of contract signings was down 10.1% year-over-year and down 31% from the fever pitch of March 2022. However, it must be noted that Holy Week and Easter fell in April both those years and would not have impacted March sales, as the holidays may very well have this year. Finally, several of the Midtown supertall listings that ranked among the top contracts signed from March 25-31, 2024 reflected deep cuts from their initial, prepandemic listing prices.
The top contract recorded was for the full-floor unit spanning the eighth floor of 1125 Fifth Avenue, which was asking $9,995,000, following its most recent price reduction in January 2024 and down from a $13,500,000 asking price when it was listed in April 2023. The buyer of the five-bedroom home was not identified, but they are clearly in esteemed company: Not only were Bette Midler and her family longtime residents of the Emery Roth-designed building, but, as the co-op's board does not allow more than $1.1 million in mortgage financing, they clearly have deep pockets.

In this article:

One High Line, 500 West 18th Street
One High Line, 500 West 18th Street Chelsea
14 West 11th Street
14 West 11th Street Greenwich Village
1125 Fifth Avenue
1125 Fifth Avenue Carnegie Hill
50 Madison Avenue
50 Madison Avenue Flatiron/Union Square
Selene, 100 East 53rd Street
Selene, 100 East 53rd Street Midtown East
Corner Great Room with city views Selene, #52A (Corcoran Group)
It was closely trailed by Residence #52A at Selene, which was asking $9,300,000; a price good enough for the top condo contract of the week, but representing a 57% price reduction from the original asking price of $22 million. Between its triple exposures and high floor in a Foster + Partners-designed building, the unidentified buyer will enjoy wide-spreading city views. They will also enjoy a custom kitchen, an ultra-private primary suite with an expansive dressing area, four floors of amenity offerings, and special privileges at Le Jardinier, the Michelin-starred restaurant an elevator ride away.
Some luxury buyers appreciate the history of New York's prewar buildings, while others are drawn to eye-catching new construction. And as 111 West 57th Street shows, still others have found a way to have the best of both worlds: Landmark Residence #12N had the third-highest contract with an asking price of $9,250,000; Landmark Residence #12S, the only other unit on the floor, had the seventh-highest contract with a $6,995,000 ask. They are both located in the reimagined Steinway Hall component of the Billionaires' Row supertall and feature prewar-inspired layouts and features, not to mention access to the building's modern amenities and services. Both listings also experienced price reductions in recent weeks.

14 West 11th Street, #GARDEN (Compass)

50 Madison Avenue, #RU7 (Corcoran Group)
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812 Park Avenue, #9/10C (Corcoran Group)

53 West 53, #38B (Douglas Elliman Real Estate)

111 West 57th Street, #12S (Corcoran Group)

50 West 66th Street, #16B (Corcoran Group)

SoHo Mews, #5EJ (Serhant LLC)

Corner living room
Open kitchen with integrated appliances
Study/secondary bedroom
From the Listing: This expertly planned three-bedroom residence boasts 10’10" ceilings, lavish satin finish wide plank French oak floors, and stunning views of the Hudson River from the corner Great Room. The windowed eat-in kitchen has been outfitted with luxurious Smallbone of Devizes cabinetry with opal white marble counters and backsplash. Full suite of Gaggenau appliances, inclusive of a wine fridge and coffee maker, truly make this kitchen extraordinary. The primary bedroom boasts two large walk-in closets and a luxurious windowed en suite bathroom which is wrapped in stunning iceberg quartzite, complete with stunning double vanity with Kinon panels, and full depth soaking tub. The second and third bedrooms are both equipped with en-suite baths. See floor plan and full details here.

35 Hudson Yards has 11 public availabilities from $5,300,000.

One High Line, #EAST19B (Corcoran Sunshine Marketing Group)

111 West 57th Street, #12N (Corcoran Group)

Selene, #52A (Corcoran Sunshine Marketing Group)

1125 Fifth Avenue, #8thFloor (Sothebys International Realty)
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