
From May 27 - June 2, 2025, nearly 400 condos, co-ops, condops, and townhouses in core New York City areas had their prices reduced. This is nearly double the number that the previous week experienced, and can likely be attributed to a post-Memorial Day surge as opposed to greater market conditions.
Also at this time of year, change is afoot on the Upper West Side. Nearly 90 years after it was constructed, the 79th Street Boat Basin in Riverside Park is in the middle of a total reconstruction to make it more climate-resilient, enable more ecological research, expand youth programming, expand access for boaters, and make the facility fully ADA-compliant. This process involves dredging and demolishing the current site, as well as reconstructing and elevating structures and dock pilings to current resiliency standards.
The project was announced in mid-2021. While the Landmarks Preservation Commission has no jurisdiction over this project, the new dockhouse's design by Architecture Research Office took a few tries to pass muster with the Public Design Commission, Manhattan's Community Board 7, and other stakeholders. The team aims to start construction in late 2026 or 2027, but NYC Parks lists a 2028 reopening date.
The project was announced in mid-2021. While the Landmarks Preservation Commission has no jurisdiction over this project, the new dockhouse's design by Architecture Research Office took a few tries to pass muster with the Public Design Commission, Manhattan's Community Board 7, and other stakeholders. The team aims to start construction in late 2026 or 2027, but NYC Parks lists a 2028 reopening date.
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Elsewhere in Riverside Park, work is underway on the redesign and restoration of the 79th Street Rotunda. This rehabilitation project aims to restore structural integrity to the three-level structure (comprising the West Side Highway, the West 79th Street traffic circle and pedestrian plaza, and an underground garage and NYC Parks Department facilities) while preserving historic architectural elements. It will also create ADA-compliant ramps to connect the pedestrian level, the terrace level, and the Riverside Park Promenade. A project of this magnitude hasn't been done on the rotunda since 1975, and work began in early 2022. Completion is estimated for 2026.
Upon completion, these changes will make for a more vibrant Riverside Park waterfront and more streamlined traffic flow. But in the immediate term, the West 79th Street traffic circle will be fully closed later this summer to complete construction, and there is significant work that disrupts bike lanes and greenways, not to mention the tranquility of a day at Riverside Park. It is against this backdrop that 13 listings in the Riverside Drive/West End Avenue neighborhood, in both venerable prewar co-ops and amenity-rich new condominiums, experienced price reductions.

Also of note, a Sutton Place penthouse owned by Judith Sheindlin, best known as Judge Judy, had its price reduced. Ms. Sheindlin and her husband, former New York Supreme Court judge Jerry Sheindlin, listed the duplex penthouse for $9.5 million in May 2024, giving no reason but "We've enjoyed this jewel of an apartment. Time to simplify." However, a $1 million price cut brings it down to $8.5 million. Public records show that if it sells for this price, the Sheindlins would break even.
Another notable cut took place at 520 East 86th Street, a prewar cooperative in Yorkville. A duplex maisonette was designed by Dean Telfer, former campus architect and architectural history professor at Columbia University, and can be accessed via a separate street-level entrance. Interiors are distinguished by hand-carved wood finishes, soaring ceilings, a Tiffany-style tile fireplace in the living room, and stunning stained glass windows throughout.
It was listed for $2.6 million earlier this year, and this price cut brings it down to $2.25 million. If it closes for this price, the buyer will take a loss, having bought it for $2.45 million in January 2023.
It was listed for $2.6 million earlier this year, and this price cut brings it down to $2.25 million. If it closes for this price, the buyer will take a loss, having bought it for $2.45 million in January 2023.
These and other notable listings may be seen below, along with a full chart of last week's price cuts. Please be advised that all quoted figures reflect cumulative price cuts as opposed to the most recent reductions.
Select recently discounted listings around NYC
-16.7% | -$4,300,000
520 Park Avenue, #22
$21,500,000
Park/Fifth Ave. to 79th St. | Condominium | 4 Bedrooms, 4.5 Baths | 4,628 ft2

520 Park Avenue, #22 (Serhant)


-10.5% | -$1,000,000
14 Sutton Place South, #PHA
$8,500,000
Beekman/Sutton Place | Cooperative | 4 Bedrooms, 5 Baths

14 Sutton Place South, #PHA (Compass)



-11.1% | -$750,000
The Clarendon, #2D
$6,000,000
Riverside Dr./West End Ave. | Cooperative | 6+ Bedrooms, 5 Baths

The Clarendon, #2D (Compass)

-43.2% | -$4,000,000
The Century, #7Q
$5,250,000
Central Park West | Condominium | 3 Bedrooms, 2 Baths | 2,221 ft2

The Century, #7Q (Corcoran Group)

-26.1% | -$1,760,000
79 White Street, #PHE
$4,990,000
Tribeca | Condominium | 3 Bedrooms, 3 Baths | 3,202 ft2

79 White Street, #PHE (Brown Harris Stevens Residential Sales LLC)




70 Charlton, #PHC (Societe Real Estate)

-14.9% | -$595,000
118 Riverside Drive, #15A
$3,400,000
Riverside Dr./West End Ave. | Cooperative | 4 Bedrooms, 4 Baths

118 Riverside Drive, #15A (Brown Harris Stevens Residential Sales LLC)



-30.2% | -$1,450,000
1010 Fifth Avenue, #12F
$3,350,000
Carnegie Hill | Cooperative | 2 Bedrooms, 2 Baths | 1,500 ft2

1010 Fifth Avenue, #12F (Sothebys International Realty)

-25.9% | -$1,100,000
The Spring, #11A
$3,150,000
NoLiTa/Little Italy | Condominium | 2 Bedrooms, 3 Baths | 1,735 ft2

The Spring, #11A (Brown Harris Stevens Residential Sales LLC)


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-13.4% | -$400,000
Parc V, #5E
$2,595,000
Park/Fifth Ave. to 79th St. | Cooperative | 3 Bedrooms, 3.5 Baths

Parc V, #5E (Sothebys International Realty)

-16.7% | -$500,000
21 Bleecker Street, #3E
$2,500,000
NoHo | Cooperative | 1 Bedroom, 1 Bath | 1,200 ft2

21 Bleecker Street, #3E (Weichert Properties)




-10.4% | -$290,000
220 Riverside Boulevard, #39B
$2,495,000
Riverside Dr./West End Ave. | Condominium | 2 Bedrooms, 2 Baths | 1,429 ft2

220 Riverside Boulevard, #39B (Compass)

-13.3% | -$345,000
520 East 86th Street, #1/2C
$2,250,000
Yorkville | Cooperative | 3 Bedrooms, 2.5 Baths

520 East 86th Street, #1/2C (Coldwell Banker Warburg)


-14.6% | -$350,000
Avery, #14N
$2,050,000
Riverside Dr./West End Ave. | Condominium | 2 Bedrooms, 2 Baths | 1,350 ft2

Avery, #14N (Berkshire Hathaway HomeServices New York Properties)

-17.6% | -$405,000
Metropolitan Tower, #60C
$1,825,000
Midtown West | Condominium | 1 Bedroom, 2 Baths | 1,090 ft2

Metropolitan Tower, #60C (Christies International Real Estate Group LLC)

-10.6% | -$200,000
Regent House, #PH12A
$1,695,000
Midtown West | Cooperative | 2 Bedrooms, 2.5 Baths

Regent House, #PH12A (Douglas Elliman Real Estate)


-16.4% | -$295,000
267 Evergreen Avenue, #PH
$1,500,000
Bushwick | Condominium | 3 Bedrooms, 2.5 Baths | 1,715 ft2

267 Evergreen Avenue, #PH (Compass)


-11.8% | -$200,000
75 Henry Street, #20E
$1,495,000
Brooklyn Heights | Cooperative | 2 Bedrooms, 2 Baths

75 Henry Street, #20E (Brown Harris Stevens Residential Sales LLC)

-11.8% | -$200,000
30 Bushwick Avenue, #7A
$1,495,000
Williamsburg | Condominium | 3 Bedrooms, 2 Baths | 1,194 ft2

30 Bushwick Avenue, #7A (Brown Harris Stevens Residential Sales LLC)

-17.5% | -$315,000
The Luxor, #1004
$1,485,000
Morningside Heights | Cooperative | 2 Bedrooms, 1 Bath | 1,275 ft2

The Luxor, #1004 (Compass)

-7.9% | -$125,000
355 West, #3A
$1,450,000
Midtown West | Condominium | 2 Bedrooms, 2 Baths | 991 ft2

355 West, #3A (Corcoran Group)

-10% | -$150,000
One Carnegie Hill, #27FG
$1,350,000
Yorkville | Condop | 3 Bedrooms, 3 Baths | 1,358 ft2

One Carnegie Hill, #27FG (Nest Seekers LLC)

-11.5% | -$155,000
265 Riverside Drive, #11F
$1,195,000
Riverside Dr./West End Ave. | Cooperative | 1 Bedroom, 1 Bath | 697 ft2

265 Riverside Drive, #11F (Compass)

-15.2% | -$210,000
1 Vernon Jackson, #PH8I
$1,175,000
Long Island City | Condominium | 1 Bedroom, 1 Bath | 871 ft2

1 Vernon Jackson, #PH8I (VORO NYC)

-11.2% | -$145,000
The Central Park View, #6B
$1,150,000
Central Park West | Cooperative | 2 Bedrooms, 2 Baths

The Central Park View, #6B (Brown Harris Stevens Residential Sales LLC)

-12% | -$150,000
Smithsonian Place, #301
$1,099,000
Harlem | Condominium | 3 Bedrooms, 2.5 Baths | 1,177 ft2

Smithsonian Place, #301 (Douglas Elliman Real Estate)

-12.4% | -$155,000
Element, #12E
$1,095,000
Lincoln Center | Condominium | 1 Bedroom, 1 Bath | 800 ft2

Element, #12E (Sothebys International Realty)

-9.2% | -$101,000
345 East 52nd Street, #12A
$999,000
Midtown East | Cooperative | 2 Bedrooms, 2 Baths | 1,350 ft2

345 East 52nd Street, #12A (Douglas Elliman Real Estate)


300 East 4th Street, #2A (Compass)

-10.1% | -$100,000
1025 Pacific Street, #3A
$895,000
Crown Heights | Condominium | 1 Bedroom, 1 Bath | 734 ft2

1025 Pacific Street, #3A (Serhant)

-9.2% | -$64,000
382 Prospect Place, #15
$635,000
Prospect Heights | Cooperative | 2 Bedrooms, 1 Bath

382 Prospect Place, #15 (Corcoran Group)


Kensington House, #508 (Compass)
-15% | -$141,000
Strivers Gardens, #9F
$799,000
Harlem | Condominium | 2 Bedrooms, 2 Baths | 1,114 ft2

Strivers Gardens, #9F (Nestapple Inc)


Aurum, #620 (Compass)


-16.1% | -$96,000
510 West 123rd Street, #45
$499,000
Morningside Heights | Cooperative | 1 Bedroom, 1 Bath | 500 ft2

510 West 123rd Street, #45 (Coldwell Banker Warburg)

-13.2% | -$70,000
1064 Hancock Street, #101
$459,000
Bushwick | Condominium | Studio, 1 Bath | 484 ft2

1064 Hancock Street, #101 (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?