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From October 4 to October 10, 2023, a total of 284 sales listings across core New York City areas underwent price reductions, a decrease of around 100 fewer price cuts compared to the previous week. Notable among the discounts was a beautifully renovated Greenwich Village mansion meticulously reimagined by Clodagh Design and several prestigious properties overlooking Central Park. Additionally, a grand 35-foot-wide Beaux Arts townhouse on Riverside Drive, nicknamed "The River Mansion," faced a substantial $4 million price reduction last week. It is owned by philanthropist and actor Sherry Bronfman, who co-starred in the 1971 film "Shaft," and was put on the market in May for $24 million.

This exquisite 10,000-square-foot mansion received significant attention as this year's host of the
Kips Bay Decorator Show House New York from May 11 - June 6, 2023. Now in its 48th year, the annual design event featured the work of 22 designers and architects and raised funds for the Kips Bay Boys & Girls Club. According to the New York Post , the mansion was originally purchased by Edgar Bronfman Jr., the billionaire heir to the Seagram fortune, in 1971 for $5.6 million, and it served as the family's residence. More details of the home are below, as well as a list of all homes that received price improvements over the past week.

337 Riverside Drive, #NA (Douglas Elliman Real Estate)

The Chapin House, #1M (Serhant LLC)

La Casa Brava, #5B (Compass)

45 East End Avenue, #2B (Douglas Elliman Real Estate)

160 East 26th Street, #2C (Douglas Elliman Real Estate)

Cannon Point South, #14G (Brown Harris Stevens Residential Sales LLC)

The Cherokee, #1B (Corcoran Group)

Parc Fifteen, #5R (Weichert Properties)

225 East 74th Street, #1F (Corcoran Group)

Sutton House, #1BB (Douglas Elliman Real Estate)

237 East 72nd Street, #GARDEN (Brown Harris Stevens Residential Sales LLC)

Southgate, #7A (Douglas Elliman Real Estate)

Chelsea Mews, #7B (Christie's International Real Estate Group LLC)

302 West 86th Street, #9C (Compass)

From the Listing: Designed by renowned architect Alvaro Siza with interiors by Gabellini Sheppard, residence 4A is a 869 SF southeast facing one-bedroom with elegantly appointed modern finishes. Oversized windows provide ample sunlight while wide-plank oak floors embrace a neutral palette. The powder room just off of the entry offers privacy while entertaining. See floor plan and full details here.

801 West End Avenue, #2E (The Agency Brokerage)

Ritz Tower, #34E (Douglas Elliman Real Estate)

Sutton 57, #5A (Douglas Elliman Real Estate)

Gramercy 1860, #4B (Compass)

Park Ten, #30D (Douglas Elliman Real Estate)

4 East 95th Street, #2B (Corcoran Group)

Westminster House, #4E (Coldwell Banker Warburg)

30 West 15th Street, #6S (Brown Harris Stevens Residential Sales LLC)

185 Plymouth Street, #4S (Nest Seekers LLC)

1010 Fifth Avenue, #11B (Douglas Elliman Real Estate)

The Hawthorne, #PH (Douglas Elliman Real Estate)

80 Washington Place, #House (Serhant LLC)

50 Central Park South at The Ritz-Carlton, #3031 (Sothebys International Realty)
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