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527 Hudson Street, #PH3 (Douglas Elliman) | https://www.cityrealty.com/nyc/west-village/527-hudson-street/2396/PH3/bSDUhehLX 527 Hudson Street, #PH3 (Douglas Elliman) | https://www.cityrealty.com/nyc/west-village/527-hudson-street/2396/PH3/bSDUhehLX
From December 30, 2025 - January 5, 2026, fewer than 150 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions. The bulk of these were listings returning to the market with lower prices in the early days of January 2026, as is common practice in the wake of the holiday season.
Among them was Penthouse #3 at 527 Hudson Street, which represents the combination of two upper-level apartments in a prewar West Village co-op into a one-of-a-kind duplex. Philanthropist Joshua Rechnitz, who was behind the transformation of an abandoned Gowanus power station into multipurpose facility Powerhouse Arts, customized the two-bedroom apartment with such features as a powder room encased in wine bottles, a gemstone-lined bedroom, a metallic staircase designed to look like dinosaur bones, and a winding "tree staircase" leading to the private terrace.

In this article:

Plaza 400, 400 East 56th Street
Plaza 400, 400 East 56th Street Beekman/Sutton Place
750 Park Avenue
750 Park Avenue Park/Fifth Ave. to 79th St.
The Raleigh, 829 Park Avenue
The Raleigh, 829 Park Avenue Park/Fifth Ave. to 79th St.
Bristol Plaza, 200 East 65th Street
Bristol Plaza, 200 East 65th Street Lenox Hill
Manhattan House, 200 East 66th Street
Manhattan House, 200 East 66th Street Lenox Hill
As he dedicates more of his time to philanthropic endeavors in upstate New York, Mr. Rechnitz listed the penthouse for just under $6 million in October 2025. He removed it from the market in early December 2025 (millionaire philanthropists - they're just like us!) and it has just returned to the market for under $5 million. Between adjusting for inflation and accounting for the renovation, he is set to take a loss, having bought the apartments for a total of $4.5 million.

527 Hudson Street, #PH3 (Douglas Elliman Real Estate)

Further uptown, the townhouse at 313 West 102nd Street was also relisted. The limestone mansion dates back to 1872, and Elliott B. Roosevelt (brother to President Theodore Roosevelt and father to First Lady Eleanor Roosevelt) moved in shortly after completion. More than 100 years later, Chelsea Piers founder/former Texas Rangers owner Roland Betts bought the house for $150K, raised his family there, and entertained dignitaries like President George W. Bush in the house.
313 West 102nd Street has been on and off the market since November 2023, when Mr. Betts listed it for $9.5 million. The latest price reduction brings it down to below $8 million.

313 West 102nd Street, #TH (Compass)

A further selection of notable listings, as well as a full chart of last week's price cuts, may be seen below. Please be advised that all quoted figures reflect cumulative price cuts as opposed to the most recent reductions.



Recently reduced listings


2 East 88th Street, #10 (Corcoran Group)

83 Spring Street, #2/3 (Serhant)

The Beresford, #8E (Corcoran Group)
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262 West 25th Street, #TH (Serhant)

2 East 80th Street, #7 (Leslie J Garfield & Co Inc)

Manhattan House, #PHA2006 (Peter Ashe)

Barbizon 63, #5DG (Keller Williams NYC)

11 West 30th Street, #14 (Sothebys International Realty)

The Viewest, #12MA (Modlin Group LLC)

The Raleigh, #6/7B (Douglas Elliman Real Estate)

100 Norfolk Street, #8B (Brown Harris Stevens Residential Sales LLC)

Plaza 400, #38L (Next Stop NY)

Oro, #37C (Compass)

Gramercy East, #3PR (Compass)

Bristol Plaza, #16C (Corcoran Group)

West Village Houses, #5A (Douglas Elliman Real Estate)

180 East 88th Street, #4B (Brown Harris Stevens Residential Sales LLC)

Hudson Tower, #8A (Serhant)

Centric, #10D (Nest Seekers LLC)

The Markenfield, #6 (Douglas Elliman Real Estate)

304 West 88th Street, #1D (Serhant)

750 Park Avenue, #16D (Coldwell Banker Warburg)

Would you like to tour any of these properties?
Just complete the info below.
  1. Select which properties are of interest to you:

Or call us at (212) 755-5544
Would you like to tour any of these properties?