In New York City, it can sometimes seem like luminaries are trading apartments or moving into each other’s old homes. That is certainly the case for a four-bedroom apartment at The Osborne: In 2015, decades after celebrated composer/conductor Leonard Bernstein lived there with his family while composing West Side Story in a separate studio in the building, Academy Award-winning actress Jessica Chastain bought it from Tony Award-winning composer Adam Guettel for $5.1 million. She then embarked on a renovation that was featured in Architectural Digest and, years later, put it on the market for $7.45 million in May 2024.
Between its rich history, central address, and interiors that combine original architectural details with top-of-the-line appliances and finishes, one might have imagined the apartment would go quickly. But nearly one year later, it has been relisted with a new brokerage and a $950K price reduction.
In this article:
The Osborne, #4B (Compass)
One possible reason for languishing on the market could be the rise of taller, glitzier towers around The Osborne with Central Park views, like Central Park Tower, One57, and 111 West 57th Street. However, while 111 West 57th Street regularly commands New York's highest-priced sales and contracts, the prices are not as high as they could have been. Nikki Field of Sotheby's International Realty told Mansion Global that adjusted prices in the building brought it to a "sweet spot" for luxury buyers and led to recent sales momentum. The seller of a five-bedroom Landmark Residence in the refurbished Steinway Hall component may be thinking along those lines; it was initially listed for $17,500,000, but the most recent price reduction brings it down to $13,800,000.
The listings at The Osborne and 111 West 57th Street were among over 300 sales listings in core New York City neighborhoods that experienced price reductions from April 8-14, 2025. A selection of notable listings, as well as a full chart of last week's price reductions, may be seen below. Please be advised that all figures reflect cumulative price cuts as opposed to the most recent reductions.
-21.1% | -$3,700,000
111 West 57th Street, #17S
$13,800,000
Midtown West | Condominium | 5 Bedrooms, 5.5 Baths | 4,768 ft2
111 West 57th Street, #17S (Corcoran Group)
-15.4% | -$2,000,000
One Avenue B, #PH1
$10,995,000
East Village | Condominium | 4 Bedrooms, 3.5 Baths | 3,000 ft2
One Avenue B, #PH1 (AT THE FIRM)
-35.8% | -$5,000,000
135 East 19th Street, #TH
$8,950,000
Gramercy Park | Townhouse | 6+ Bedrooms, 5.5 Baths | 6,798 ft2
135 East 19th Street, #TH (Compass)
-10.5% | -$999,999
Abi Chelsea, #3N
$8,500,000
Chelsea | Condominium | 3 Bedrooms, 3.5 Baths | 2,650 ft2
Abi Chelsea, #3N (Compass)
-5.7% | -$455,000
One Central Park West, #24D
$7,495,000
Central Park West | Condominium | 3 Bedrooms, 3.5 Baths | 2,255 ft2
One Central Park West, #24D (Compass)
-3.1% | -$200,000
134 Sullivan Street, #TH
$6,300,000
SoHo | Townhouse | 6+ Bedrooms, Unknown Baths | 4,752 ft2
134 Sullivan Street, #TH (Sothebys International Realty)
-17.3% | -$1,299,999
The Briarcliffe, #6B
$6,200,000
Midtown West | Condominium | 4 Bedrooms, 4.5 Baths | 2,800 ft2
The Briarcliffe, #6B (R New York)
-11.8% | -$695,000
The Wexford, #13CD
$5,200,000
Riverside Dr./West End Ave. | Cooperative | 3 Bedrooms, 3.5 Baths | 3,260 ft2
The Wexford, #13CD (Corcoran Group)
-8.8% | -$385,000
Metal Shutter Houses, #1
$3,995,000
Chelsea | Condominium | 3 Bedrooms, 3 Baths | 1,986 ft2
Metal Shutter Houses, #1 (Serhant)
-16.7% | -$649,999
Parc V, #6A
$3,250,000
Park/Fifth Ave. to 79th St. | Cooperative | 2 Bedrooms, 2 Baths | 1,700 ft2
Parc V, #6A (Corcoran Group)
-12.4% | -$419,999
The Ramondo, #17A
$2,975,000
Park/Fifth Ave. to 79th St. | Cooperative | 2 Bedrooms, 3 Baths
The Ramondo, #17A (Brown Harris Stevens Residential Sales LLC)
-12.1% | -$399,999
The Gotham, #PH1B
$2,895,000
Carnegie Hill | Condominium | 3 Bedrooms, 2.5 Baths | 1,719 ft2
The Gotham, #PH1B (Station Cities)
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-10.2% | -$324,999
Chelsea Stratus, #19B
$2,850,000
Chelsea | Condominium | 2 Bedrooms, 2 Baths | 1,242 ft2
Chelsea Stratus, #19B (Compass)
-3.7% | -$105,000
96+Broadway, #6C
$2,745,000
Broadway Corridor | Condominium | 2 Bedrooms, 2.5 Baths | 1,485 ft2
96+Broadway, #6C (Compass)
-13.6% | -$394,999
25 Carroll Street, #4C
$2,500,000
Carroll Gardens | Condominium | 3 Bedrooms, 2 Baths | 1,812 ft2
25 Carroll Street, #4C (Compass)
-12.3% | -$350,000
Rose Hill, #9A
$2,500,000
Gramercy Park | Condominium | 2 Bedrooms, 2 Baths | 1,416 ft2
Rose Hill, #9A (CORE Group Marketing LLC)
-18.8% | -$549,999
505 W 43, #8A
$2,375,000
Midtown West | Condominium | 3 Bedrooms, 2.5 Baths | 1,647 ft2
505 W 43, #8A (Corcoran Sunshine Marketing Group)
-16.2% | -$405,000
The Orion, #PHD
$2,095,000
Midtown West | Condominium | 2 Bedrooms, 2 Baths | 1,250 ft2
The Orion, #PHD (Douglas Elliman Real Estate)
-19.9% | -$495,999
The Hit Factory, #5C
$1,999,000
Midtown West | Condominium | 3 Bedrooms, 2.5 Baths | 2,000 ft2
The Hit Factory, #5C (Brown Harris Stevens Residential Sales LLC)
-14.5% | -$304,999
237 East 88th Street, #101
$1,795,000
Yorkville | Condominium | 3 Bedrooms, 3 Baths | 1,475 ft2
237 East 88th Street, #101 (Nest Seekers LLC)
-4.4% | -$75,000
Umbrella Factory, #5H
$1,625,000
Williamsburg | Condominium | 2 Bedrooms, 2 Baths | 1,058 ft2
Umbrella Factory, #5H (Douglas Elliman Real Estate)
-12.2% | -$219,999
The Luxor, #1004
$1,580,000
Morningside Heights | Cooperative | 2 Bedrooms, 1 Bath | 1,275 ft2
The Luxor, #1004 (Compass)
-12.2% | -$180,000
130 Barrow Street, #404
$1,295,000
West Village | Condominium | 1 Bedroom, 1 Bath | 913 ft2
130 Barrow Street, #404 (Sothebys International Realty)
-13.7% | -$205,000
250 West 15th Street, #2C
$1,290,000
Chelsea | Cooperative | 1 Bedroom, 1.5 Baths
250 West 15th Street, #2C (Corcoran Group)
-19.4% | -$299,999
Liberty Tower, #13C
$1,250,000
Financial District | Cooperative | 2 Bedrooms, 1.5 Baths
Liberty Tower, #13C (Compass)
-14.6% | -$204,999
Cannon Point North, #6F
$1,195,000
Beekman/Sutton Place | Cooperative | 2 Bedrooms, 2 Baths
Cannon Point North, #6F (Douglas Elliman Real Estate)
-9.6% | -$124,999
309 West 103rd Street, #3
$1,175,000
Riverside Dr./West End Ave. | Cooperative | 1 Bedroom, 1 Bath | 1,190 ft2
309 West 103rd Street, #3 (Compass)
-2.4% | -$24,000
Cora, #PH
$975,000
Bushwick | Condominium | 2 Bedrooms, 2 Baths | 729 ft2
Cora, #PH (Nest Seekers LLC)
-11.8% | -$110,000
Downtown Club, #11F
$825,000
Financial District | Condominium | 3 Bedrooms, 1.5 Baths | 1,415 ft2
Downtown Club, #11F (Weichert Properties)
-12.5% | -$99,999
The Regatta, #PH1J
$699,000
Battery Park City | Condominium | 1 Bedroom, 1.5 Baths | 785 ft2
The Regatta, #PH1J (Corcoran Group)
-11.1% | -$75,000
The Sussex, #4C
$600,000
Park/Fifth Ave. to 79th St. | Cooperative | 1 Bedroom, 1 Bath
The Sussex, #4C (Douglas Elliman Real Estate)
-9.6% | -$59,999
321 West 78th Street, #6F
$565,000
Riverside Dr./West End Ave. | Cooperative | 1 Bedroom, 1.5 Baths
321 West 78th Street, #6F (Brown Harris Stevens Residential Sales LLC)
-10.7% | -$60,000
Cabrini Terrace, #14E
$499,000
Washington Heights | Cooperative | 1 Bedroom, 1 Bath
Cabrini Terrace, #14E (Compass)
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?
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