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One Essex Crossing, #PHE (The Corcoran Group) One Essex Crossing, #PHE (The Corcoran Group)
When a listing has lingered on the market for longer than the seller would like, there are a number of measures they can take to speed the process along. Some switch brokerages or restage the home. Others try to sweeten the deal with special incentives like offers to pay the mansion tax or a credit toward monthly fees. And still others reduce the price to help the listing appeal to a wider range of buyers and perhaps bring it more in line with market realities.

From August 16-22, 2023, a total of 170 sales listings throughout New York City experienced price reductions. A selection of notable listings, some of which come with motivated sellers and special offers, may be seen below. Please be advised that all of the quoted figures reflect cumulative reductions as opposed to the most recent price cuts.

71-East-77th-Street-01 71 East 77th Street, #9A (Douglas Elliman)
Step-down living room with fireplace
Open kitchen
From the Listing: Ideally located on a prime Upper East Side block, this beautiful residence features the building’s trademark casement windows and step-down living room, resulting in a dramatic, south facing space that is flooded with light all day. An entry foyer leads past the kitchen and downstairs to the south facing living room, which features high beamed ceilings and a fireplace. The bright, windowed kitchen is open to the foyer through a breakfast bar, and there is ample room for a dining area overlooking the living room as well. The south-facing primary bedroom is graced with the same leaded casement windows, has two closets, one of which is a walk in, and a windowed en-suite bath. There is a home office, also with windowed en-suite bath, that can be converted to a second bedroom and is currently furnished with a Murphy bed. See floor plan and full details here.

242-East-19th-Street-01 242 East 19th Street, #2B (Compass)
Dining area and open kitchen with breakfast bar
Bedroom with beamed ceiling
From the Listing: Welcome home to your spacious, corner two-bedroom apartment in prime Gramercy. At approximately 1,150 square feet, this beautifully updated apartment features high 9.5-foot ceilings, wooden beams, hardwood flooring, windowed bathroom, an open chefs kitchen with stainless steel appliances, large island with marble countertops and plenty of cabinetry space. There are separate areas for a large dining table, home office, and an entertainment area. The two large bedrooms can easily fit a king size bedroom set, and the home office nook in the living room may be converted into a third bedroom. See floor plan and full details here.

49-East-12th-Street-01 49 East 12th Street, #1C (Nest Seekers LLC)
From the Listing: On the market for the first time in decades, this spacious Greenwich Village duplex presents an opportunity like no other to a discerning buyer. In need of minor cosmetic updating, this prewar one-bedroom already boasts exposed brick, hardwood floors, a decorative fireplace and excellent closet space. 49 East 12th Street is a meticulously maintained prewar coop that offers a beautifully landscaped roof deck, elevator, central laundry, courtyard and live-in super. See floor plan and full details here.

575-Park-Avenue-01 The Beekman, #1101 (Douglas Elliman)
Entrance foyer with crown molding
Bedroom with built-ins
From the Listing: Residence 1101 is a spacious two-bedroom and two-bathroom featuring pre-war and custom details including high-beamed ceilings. Upon entrance to the apartment, you are welcomed into the large foyer with coat closet, a classic kitchen, west facing living room with bright exposure and French doors that provide access to the west-facing bedroom which includes custom cabinetry and shelving for displaying art and books. The Beekman still operates like a hotel with its white glove doorman, concierge, on-site building manager, and fitness center. Electricity, heat, hot water, window washing and daily housekeeping are included in the maintenance fees. See floor plan and full details here.

202-Broome-Street-01 One Essex Crossing, #PHE (The Corcoran Group)
Corner living/dining room with oversized windows
Open windowed kitchen
From the Listing: Wrapping the southeast corner of One Essex Crossing, Penthouse E offers 1,693 square feet of interior space, flooded with natural light throughout the day and features fantastic views overlooking the Lower East Side and down toward the Financial District. With ceilings of approximately 11 feet, this CetraRuddy-designed home features wide plank European Oak flooring, a highly customized open kitchen with One Essex Crossing’s noteworthy signature mesh storage cabinet incorporated into the backsplash, imported Italian cabinetry, and honed Dolomiti marble on the countertops and waterfall. The luxe primary suite also enjoys stunning views toward the Brooklyn Bridge and Financial District, with a large bedroom; a generous walk-in closet; and a beautifully appointed five-fixture bath. Penthouse E boasts a stunning 712-square-foot wraparound private roof terrace showcasing stunning views to the southeast and southwest including the Financial District. See floor plan and full details here.

325-West-End-Avenue-01 325 West End Avenue, #PHB (Brown Harris Stevens)
Living room with terrace access
Open kitchen with dining area
From the Listing: This seamlessly renovated mint penthouse which was featured in Architectural Digest is perched on top of one of the most coveted Upper West Side pre-war co-ops, nestled within the West Capital Collegiate Historic District. Architect Siris Combs selected beautiful and durable finishes including Hope’s Windows and French doors, natural hardwood floors and solid natural stone, and Dornbracht fittings throughout the apartment. Architect Sawyer Berson created the serene design layout of the terraces, perfect for entertaining, whether for a quiet alfresco dinner or a large party or event. See floor plan and full details here.

100-La-Salle-Street-01 Morningside Gardens, #5H (ESRA Realty)
Windowed kitchen
Bedroom with oversized window
From the Listing: Welcome home to this super-spacious one-bedroom apartment that’s in walking distance to Columbia University, Manhattan School of Music, and Barnard College. The oversized windows bring in amazing light! The eat-in kitchen has a nook that allows you to dine and entertain guests that are in the massive living room. The co-op known as Morningside Gardens has a well-manicured garden and grounds. See floor plan and full details here.

468-West-Broadway-01 The West Broadway Arches, #1C (Engel & Volkers)
Lower-level home office area
Private patio
From the Listing: As you enter this authentic loft home, you are greeted by a spacious and an inviting open-concept floor plan that seamlessly connects the main living areas, creating ideal living spaces. The living room serves as the heart of the home where sunlight cascades through the large windows accentuating the contemporary design elements. Perfect for hosting intimate gatherings or simply unwinding after a long day. Adjacent to the living room, a modern kitchen awaits. With ample counter space, culinary creations and casual dining are effortless endeavors. Featuring modern floor to ceiling windows, it also boasts 13-foot ceilings and a board-approved renovation plan that is in the process of being started. Perfectly situated in a prime location with the luxury of a private backyard sanctuary, this private outdoor retreat offers relaxation and natural beauty. See floor plan and full details here.

305-East-85th-Street-01 Georgica, #8C (Douglas Elliman)
Open kitchen and foyer
Bedroom with oversized window
From the Listing: Enjoy streaming sunlight and city views from the floor-to-ceiling walls of western and southern facing windows in this spacious three-bedroom / three-bathroom condominium located in Manhattan’s Upper East Side The unit spans over 1,700 square feet and features oak herringbone floors, an open chef’s kitchen with Carrara honed marble and Miele suite appliances. The primary bedroom offers a custom walk-through closet and a windowed ensuite bathroom with double sinks, a shower, and a separate soaking tub with heated floors. The second bedroom also features an ensuite bathroom. The home also comes equipped with a washer/dryer. See floor plan and full details here.

123-Washington-Street-01 W Residences, #36B (Compass)
Foyer with art wall
Open kitchen with integrated appliances
From the Listing: Live luxuriously in this furnished one-of-a-kind corner two-bed, two-bath unit is perched high above the Residences surrounded by some of New York’s prestigious and renowned architectures. The stunningly spacious 1,175-square-foot residence boasts breathtaking views of the Hudson River, Statue of Liberty, World Trade Memorial Center and the Empire State Building. Upon entering this sun-filled residence, you are drawn into the grand living and dining room with open kitchen. The kitchen boasts Graft-designed Italian lacquered cabinetry, Corian countertops with glass backsplash and concealed lighting to add character. See floor plan and full details here.

96-98-Degraw-Street-01 96-98 Degraw Street, #TH (Compass)
Open kitchen with center island and garden access
Stairs connecting both levels and facing oversized window
96-98-Degraw-Street-02
From the Listing: Built in 2018 by revered local architect-developer Barrett Design, this sun-splashed contemporary home sets a new standard for comfort and energy efficiency. Polished concrete radiant heat floors run beneath soaring 11-foot-tall ceilings, while walls of triple-pane Zola windows, quiet air conditioning, and extensive insulation ensure year-round comfort and noise reduction. Awake after a sound sleep in your expansive top-floor owner’s suite, where north-facing floor-to-ceiling windows frame magnificent Manhattan skyline views. Two spacious and bright secondary bedrooms share a well-appointed bathroom on this level, while the second floor includes another secondary bedroom with an adjacent bathroom meaning busy households can rise and shine with minimal fuss. Step out on the amazing south-facing deck to enjoy al fresco gatherings overlooking your private, fenced rear yard. If the stars are out, head to your penthouse wet bar and unbelievable 804-square-foot rooftop terrace for a memorable nightcap celebrating another beautiful day. See floor plan and full details here.

215-East-24th-Street-01 The Penny Lane, #507 (Brown Harris Stevens)
Stairs connecting apartment's levels
Kitchen with stainless steel appliances
From the Listing: This recently renovated space has a new kitchen featuring brand new stainless steel appliances, marble countertops and backsplash, custom cabinets, and lots of storage. The dining foyer is the perfect space for a sizable table with accompanying chairs. The living room feels enormous with large south-facing windows and 16’ ceilings. Adjacent to the living room is also a sunny private balcony. The bathroom was also recently renovated. The upstairs sleeping area also has good ceiling heights and is huge at 17’9" x 15’5". See floor plan and full details here.

668-Washington-Street-01 668 Washington Street, #1A (The Lion Real Estate)
Dining area and open kitchen
Bedroom with treetop views
From the Listing: Introducing a truly exceptional residence in the heart of the vibrant West Village! The grandeur of the living and dining room combination, thoughtfully integrated with the open kitchen forms an ideal space for both entertainment and relaxation. Tastefully upgraded kitchen boasting modern enhancements, including a new countertop, stainless steel appliances, and a dishwasher. East exposure sunlight gracefully bathes the living area and bedrooms. The home features an inviting atrium garden that creates a serene ambiance in every room. See floor plan and full details here.

80-John-Street-01 South Star, #8I (Compass)
Interiors with view of open kitchen
Bedroom with generous closet space
From the Listing: Upon arriving at this peaceful oasis, you’ll be greeted with a light and airy entry and led into an open kitchen. This connects harmoniously to a comfortable and ample living space perfect for entertaining or just relaxing. The chef’s kitchen has amazing storage capacity and features under and over cabinet lighting, stainless steel appliances including a 36-inch Sub-Zero fridge, Bosch dishwasher, Bosch electric cooktop, Bosch oven, and mounted GE Profile microwave. Down a long hallway you will find your oasis: the ’sleeping’ wing of the unit with two full-sized bedrooms. Seller agrees to pay the mansion tax! See floor plan and full details here.

322-West-57th-Street-01 Sheffield 57, #50F (The Corcoran Group)
Open kitchen with abundant cabinetry
Views of the Hudson River
From the Listing: This alluring residence boasts a sprawling 1,228 square feet of living space, thoughtfully designed with an open concept floor plan that allows for effortless flow and a bounty of natural light. As you step inside, you’ll be greeted by honed Travertine floors, a chic dining area, and an expansive living room with custom-made sliding doors that can enclose the second bedroom. The kitchen is a chef’s dream, featuring Carrara marble countertops, sleek cabinetry, and top-of-the-line stainless-steel appliances. Retreat to the primary bedroom, which features California closets and a sumptuous en-suite bathroom with a Zumin soaking tub, a separate shower, and a dual sink vanity. Storage space on the 49th floor included. See floor plan and full details here.

1600-Broadway-01 1600 Broadway, #5G (R New York)
From the Listing: Best price for a luxurious two-bedroom condo including a home office in a Midtown building! The primary bath features a spacious vanity complete with a soaking tub, while the second bath features vibrant lightly toned glass tiles and frameless glass enclosed shower. Floor-to-ceiling windows, abundant closets, Bosch washer and dryer, and an exquisitely designed gourmet kitchen are just some of the many other wonderful features of this unit to enjoy! The building offers full time doorman, concierge, roof deck, fitness center, resident’s lounge with views of Times Square, and much more! See floor plan and full details here.

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