Price Cuts: Lavish duplex at The Plaza now 12% off; Tribeca penthouse with private elevator reduced by $1.5M

By CityRealty Staff | From Great Listings Today, December 18, 2025

The Plaza, #1801/1901 (Compass) | https://www.cityrealty.com/nyc/midtown-west/the-plaza-1-central-park-south/30362/18011901/RDRcPacNVrR

From December 9-15, 2025, just over 100 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions. These included two listings in the condo component of The Plaza, the iconic New York City hotel at Fifth Avenue and Central Park South. The landmarked hotel opened its doors in 1907, and was renovated to include a partial condo conversion in 2008.

The luxury hotel famously serves as the setting of the Eloise series, which includes Eloise at Christmastime. Decades after the children's books were published, the hotel was Kevin McCallister's home base in hit holiday film Home Alone 2: Lost in New York. The hotel offers a Home Alone: Fun in New York package all year round (complete with limo ride and large cheese pizza); and Christmas Day afternoon tea in The Palm Court, the hotel's elegant restaurant, is a celebrated holiday tradition for well-heeled New Yorkers and tourists alike.

Offscreen, Landmarks approved an application for interior and exterior renovations to The Plaza's residential lobby in November 2025; the proposal includes installing a new vestibule between a pair of revolving doors, restoring the iconic mosaic floors to their original glory, and modifying a desk in the lobby to allow for greater mobility. And outside the hotel, work is underway on a comprehensive restoration of the south side of Grand Army Plaza across from Central Park.

With such improvements as repaired pavement, new plantings, improved lighting, upgraded furnishings, and the conservation of the Pulitzer Fountain, the Grand Army Plaza renovation will ultimately be highly beneficial and make for a more pedestrian-friendly space. But in the immediate term, the construction site blocks the fountain and precludes beautiful holiday displays like those seen in previous years. It also serves as a less than picturesque backdrop for the world's largest menorah (36 feet tall at its peak and weighing approximately 4,000 pounds), which is being lit on all eight nights of Hanukkah.

Holiday display in front of the Pulitzer Fountain, December 2021 (CityRealty)

Moreover, the condos at The Plaza face increasingly stiff competition from the towering condominiums that make up what is now Billionaires' Row on West 57th Street. While none of these supertalls have nearly the history of The Plaza, their soaring height allows for more expansive views of Central Park and the Manhattan skyline than even the highest-floor units at The Plaza can provide. Moreover, while residents of The Plaza enjoy access to the hotel's gym, spa, restaurants, and concierge service, luxury buyers now have a choice of buildings with amenities like padel courts (111 West 57th Street), private restaurants (Aman New York Residences), and the highest private club in the world (Central Park Tower).

At The Plaza, the four-bedroom Residence #1801/03 was listed for $15.5 million in September 2025, but a price cut brings it down to $14.9 million. It is available by itself or to be combined with Residence #1901 into a magnificent duplex with Central Park views. The combination has been on and off the market since June 2023, when it was listed for $31.4 million, and the latest price reduction brings it down to $26.75 million.

-11.9% | -$3,750,000

The Plaza, #1801/1901
$27,650,000

Midtown West | Condominium | 6+ Bedrooms, 6+ Baths | 7,762 ft²

The Plaza, #1801/1901 (Compass)

From the Listing: Very unique opportunity to combine Residence 1901 and Residence 1801 to create a grand duplex spanning over 7,762 square feet with direct open Central Park views at the iconic Plaza Private Residences. The exquisite and grand Plaza Private Residence 1801 is unlike any other, with 14 windows overlooking Central Park from every room and in one of the most well-known buildings in the world.

Residence 1901 is a 4-bedroom, 4-bathroom almost 4,000 square feet corner duplex home with north, west, and southern exposures has one of the largest living rooms (over 1,000 square feet) in The Plaza with beautiful partial Central Park views. See floor plan and full details here.

A 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

-9.1% | -$1,800,000

55 West 9th Street, #TH
$17,950,000

Greenwich Village | Townhouse | 4 Bedrooms, 3.5 Baths | 4,662 ft²

55 West 9th Street, #TH (Compass)

From the Listing: 55 West Ninth Street, a 22 feet wide townhouse built in 1840, is located in the heart of the historic West Village on a charming tree-lined street but close to absolutely everything. Four-stories tall (with a finished basement in addition) and trimmed in brownstone with classical restraint, its façade was meticulously restored by architect Jean-Gabriel Neukomm. The original cornice and repointed bricks remain, while everything else—from the stoop to the window surrounds—was recreated with precision by master craftsmen. See floor plan and full details here.

-10.4% | -$1,500,000

45 Walker Street, #PH
$12,950,000

Tribeca | Condominium | 4 Bedrooms, 4.5 Baths | 7,185 ft²

45 Walker Street, #PH (Sothebys International Realty)

From the Listing: This stunning duplex penthouse loft offers an unparalleled blend of elegance and modern sophistication. Spanning an impressive 7,185+/- square feet of interior space with 13-foot ceilings, this residence features 4 spacious bedrooms and 4.5 luxurious bathrooms, providing ample room for comfort and privacy. The expansive layout is perfect for both entertaining and everyday living, with high ceilings, floor-to-ceiling windows, and an abundance of natural light. See floor plan and full details here.

-10.1% | -$1,005,000

Mercer Greene, #4
$8,995,000

SoHo | Condominium | 4 Bedrooms, 5 Baths | 4,485 ft²

Mercer Greene, #4 (Sothebys International Realty)

From the Listing: Discover a truly one-of-a-kind living experience in this extraordinarily large 4,485-square-foot loft, ideally located in the best part of Soho. This exceptional full-floor residence is a combination of two apartments and the only unit in the building to be combined. It features four uniquely designed bedrooms, five oversized bathrooms, and an unprecedented three home offices, providing a luxurious sanctuary that embodies modern sophistication. Being the full floor of the building, the apartment features both western and eastern views, creating floor-through light all day long. See floor plan and full details here.

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-4.3% | -$400,000

VU New York, #PH34A
$8,985,000

Gramercy Park | Condominium | 3 Bedrooms, 3.5 Baths | 2,926 ft²

VU New York, #PH34A (Brown Harris Stevens Residential Sales LLC)

From the Listing: Now, for the first time, we're presenting the crown jewel of VU New York: Penthouse 34A, a duplex stunner perched atop a 34-story tower floating above the low-rise fabric of Kips Bay. With nearly 3,000 interior square feet and a sprawling private terrace, this is penthouse living as it was meant to be-elevated, seamless, and surrounded by cinematic views in every direction. See floor plan and full details here.

-10.8% | -$800,000

The Park Laurel, #21A
$6,600,000

Central Park West | Condominium | 3 Bedrooms, 3 Baths | 2,080 ft²

The Park Laurel, #21A (City Connections Realty Inc)

From the Listing: Experience the height of Manhattan sophistication at the Park Laurel Condominium, where elegance, craftsmanship, and location unite to create an extraordinary home. Perched high on the 21st floor, this residence captures unobstructed, billion-dollar views of Central Park, offering the quintessential New York luxury experience. Every detail has been thoughtfully curated to combine beauty, innovation, and comfort in perfect harmony. Furnishings are available for purchase at an additional cost. See floor plan and full details here.

-13% | -$900,000

152 East 63rd Street, #2
$6,000,000

Lenox Hill | Condominium | 4 Bedrooms, 3.5 Baths | 3,234 ft²

152 East 63rd Street, #2 (Christies International Real Estate Group LLC)

From the Listing: Residence #2 skillfully combines classic prewar charm with modern updates, providing a grand living experience with ample privacy, space, and serenity. On the parlor floor, you'll find high ceilings, elegant moldings, wood floors, and oversized south-facing bay windows.This level also includes a wood-burning fireplace, central air conditioning, a powder room, and a windowed auxiliary kitchen. The second-floor features two spacious bedrooms, each with high ceilings, wood floors, and open, sunny views. See floor plan and full details here.

-24.4% | -$1,450,000

The Verona, #5E
$4,500,000

Park/Fifth Ave. to 79th St. | Cooperative | 4 Bedrooms, 4.5 Baths

The Verona, #5E (Corcoran Group)

From the Listing: Located in The Verona, one of Manhattan's most distinguished white-glove cooperatives, this grand and gracious four-bedroom, four-and-a-half-bathroom residence presents a rare opportunity to create a bespoke home within a storied pre-war setting. This elegant twelve-into-ten room corner apartment features soaring 10-foot ceilings, four wood-burning fireplaces, oversized windows, and exceptional room proportions. See floor plan and full details here.

-18.9% | -$850,000

The Ritz-Carlton Residences, New York, NoMad, #PH42B
$3,650,000

Chelsea | Condominium | 1 Bedroom, 1.5 Baths | 911 ft²

The Ritz-Carlton Residences, New York, NoMad, #PH42B (Compass)

From the Listing: Buy at the Ritz-Carlton NoMad for the ideal ownership setup: have a pied-a-terre in New York, limited to 120 days of use per year, and put the property into the Ritz's hotel pool for the remaining days, while enjoying a revenue share of the profits. This home has quite literally some of the best downtown views in the entire city, and an owner gets to enjoy all-day light, exquisite finishes, five-star services and unrivaled amenities. See floor plan and full details here.

-35.9% | -$1,955,000

425 Fifth Avenue, #65A
$3,495,000

Murray Hill | Condominium | 3 Bedrooms, 3 Baths | 2,571 ft²

425 Fifth Avenue, #65A (R New York)

From the Listing: An extraordinary full floor penthouse on prime Midtown Fifth Avenue, with panoramic 360 degree views, north, east, south, and west, looking onto a jaw-dropping catalogue of iconic NYC buildings. Set on the 65th floor, step directly into the penthouse from a coded elevator. The apartment’s palatial entrance greets you with southern views featuring the Empire State Building writ large. See floor plan and full details here.

-3.6% | -$100,000

161 West 86th Street, #2A
$2,695,000

Broadway Corridor | Cooperative | 4 Bedrooms, 3 Baths

161 West 86th Street, #2A (Douglas Elliman Real Estate)

From the Listing: Apartment 2A at 161 West 86th Street is a truly grand and gracious 10-room residence, perfectly positioned on a prime Upper West Side block just moments from both Central Park and Riverside Park. Spanning over 3,000 square feet, this expansive home offers extraordinary scale, with four to five bedrooms, three full bathrooms, and two original staff rooms-one of which has been reimagined as a spacious laundry room. See floor plan and full details here.

-12.3% | -$350,000

145 Central Park North, #2A
$2,500,000

Harlem | Condominium | 3 Bedrooms, 2 Baths | 1,521 ft²

145 Central Park North, #2A (The Agency Brokerage)

From the Listing: Residence 2A at 145 Central Park North, the ONLY 3-bedroom featuring a 500+ square foot landscaped private terrace with outdoor kitchen AND the last deeded parking spot available for purchase. This three-bedroom, two-bathroom haven, encompassing 1,521 square feet, showcases direct views of Central Park, complemented by floor-to-ceiling windows framed in white oak, matching the floors underfoot, and filling the interior with natural light through southern exposures. See floor plan and full details here.

-9.8% | -$245,000

The Arcadia, #PHC
$2,250,000

Chelsea | Cooperative | 2 Bedrooms, 2 Baths | 1,700 ft²

The Arcadia, #PHC (Berkshire Hathaway HomeServices New York Properties)

From the Listing: Wish you could live next door to the historic and iconic Chelsea Hotel? Here's your chance: The first thing you notice is the light. Southern exposure floods the home, filling every corner and making it feel like summer year-round. With two entrances, three private outdoor spaces, deeded storage, and a fully renovated interior facing the quiet of 22nd Street, all that's left is for you to move in. See floor plan and full details here.

-8.5% | -$195,000

21 East 22nd Street, #PH12F
$2,100,000

Flatiron/Union Square | Cooperative | 1 Bedroom, 1 Bath

21 East 22nd Street, #PH12F (Compass)

From the Listing: Perfectly positioned on one of Flatiron’s most sought-after blocks, Penthouse 12F offers a rare balance of architectural character, modern design, and downtown serenity. This two-level residence crowns the building with a 42-foot southeast-facing terrace, creating a seamless connection between indoor comfort and open-sky living. Inside, chevron-patterned oak floors and oversized windows bathe the home in warmth and light. See floor plan and full details here.

-7.2% | -$155,000

35XV, #13B
$1,995,000

Chelsea | Condominium | 1 Bedroom, 1 Bath | 951 ft²

35XV, #13B (Sothebys International Realty)

From the Listing: Welcome to apartment 13B, a stunning 1 bedroom, 1.5 bathroom with magnificent and unobstructed views in the prestigious luxury condominium known as “35XV.” Upon entry you are greeted with tall 10'-foot ceilings and an elegant entry foyer leading to the expansive great room. Floor-to-ceiling windows boast wonderful natural light with open western views to Hudson Yards and beyond. See floor plan and full details here.

-11.7% | -$251,000

Eagle Warehouse & Storage Company, #THE
$1,899,000

Brooklyn Heights | Cooperative | 2 Bedrooms, 2 Baths | 2,100 ft²

Eagle Warehouse & Storage Company, #THE (Palette)

From the Listing: Live in a townhouse with comfort and security of a doorman in the historic Eagle Warehouse. Mint renovated, turnkey, 2-bed/2-bath, triplex with 3 separate entrances. The main floor features dramatic 11-foot ceilings, exposed brick, chef's kitchen that flows into a dining room and living room. Also on this floor is a second private entrance that opens directly onto the tranquil, Doughty Alley so you can enter and exit without going through the lobby. See floor plan and full details here.

-6.3% | -$100,000

299 13th Street, #4B
$1,500,000

Park Slope | Cooperative | 3 Bedrooms, 3 Baths

299 13th Street, #4B (Douglas Elliman Real Estate)

From the Listing: Located on a picturesque tree-lined street, this sun-drenched 3-bed/3-bath duplex combines timeless charm with modern comforts, including a private roof deck with panoramic vistas showcasing the Freedom Tower and the Manhattan skyline. On the first level, the open-concept kitchen and dining room flow seamlessly into the living area. See floor plan and full details here.

-8% | -$100,000

The Alexandria House, #3A
$1,150,000

Riverside Dr./West End Ave. | Cooperative | 2 Bedrooms, 2 Baths | 932 ft²

The Alexandria House, #3A (Wohlfarth & Associates Inc)

From the Listing: Welcome to Apartment 3A at Alexandria House, a spacious and beautifully upgraded two-bedroom, two-bathroom home located on a peaceful, tree-lined block between Broadway and West End Avenue in the heart of the Upper West Side. This thoughtfully designed residence combines pre-war charm with modern updates and a functional layout. The generous entryway features custom built-in bookshelves and a dedicated desk nook with shelving. See floor plan and full details here.

-2.4% | -$25,000

The Prime, #8D
$1,025,000

Long Island City | Condominium | 1 Bedroom, 1 Bath | 598 ft²

The Prime, #8D (Modern Spaces)

From the Listing: This sophisticated residence offers an unparalleled urban living experience, featuring a rarely available one-bedroom layout complemented by a spacious balcony in a prime Long Island City location. As the first resale in the building, Unit 8D provides a generous 598 square feet of living space with an expansive open layout. See floor plan and full details here.

-23% | -$299,001

East River Tower, #33H
$999,999

Yorkville | Cooperative | 1 Bedroom, 1.5 Baths | 950 ft²

East River Tower, #33H (Serhant)

From the Listing: Welcome to Residence 33H at 1725 York Avenue, a beautifully renovated high-floor home offering open city views and exceptional design. This spacious 1-bedroom, 1.5-bathroom apartment spans approximately 950 square feet and includes the flexibility to be converted into a 2-bedroom layout. The seller has thoughtfully updated the residence with modern finishes and added a custom Murphy bed, maximizing both comfort and versatility. See floor plan and full details here.

-30.9% | -$425,000

W Residences, #44G
$950,000

Financial District | Condominium | 1 Bedroom, 1 Bath | 708 ft²

W Residences, #44G (Douglas Elliman Real Estate)

From the Listing: The W Residence New York Downtown. David Rockwell designed Lobby. Apartment Features: Building Features: Courtyard, Roof deck, Terrace, Exercise room, Maid service, Laundry service, Cable TV ready, Health club See floor plan and full details here.

-5.4% | -$50,000

The Rio, #9C
$875,000

Lenox Hill | Condominium | 1 Bedroom, 1 Bath | 763 ft²

The Rio, #9C (Hauseit LLC)

From the Listing: Perched high above Lenox Hill, this sun-drenched one-bedroom residence offers sweeping skyline views, A/C, refined finishes including new hardwood floors, plentiful closet space and a private wraparound terrace perfect for entertaining or unwinding against stunning sunsets. Floor-to-ceiling windows frame open city vistas from the spacious living room and bedroom, while the thoughtfully renovated windowed kitchen features custom cabinetry, sleek countertops, and premium stainless-steel appliances. See floor plan and full details here.

-2.9% | -$20,000

Olive Park, #6L
$675,000

Williamsburg | Condominium | Studio, 1 Bath

Olive Park, #6L (Serhant)

From the Listing: Live directly across from beautiful Cooper Park in the coveted Olive Park Condominium, your private resort in the heart of Brooklyn. Just listed - a sun-soaked, south-facing large studio/convertible one-bedroom with your very own private balcony overlooking the tranquil meditation garden. 421a tax abatement in place until 2034! See floor plan and full details here.

-4.3% | -$25,000

The John Murray House, #3M
$550,000

Murray Hill | Cooperative | 1 Bedroom, 1 Bath

The John Murray House, #3M (Douglas Elliman Real Estate)

From the Listing: Move right into this beautifully renovated converted one-bedroom home overlooking a charming, tree-lined stretch of Madison Avenue. This residence offers modern finishes, thoughtful design, and exceptional functionality. The apartment features dark walnut-stained hardwood floors, five spacious closets, and custom four-panel sliding glass doors that elegantly separate the bedroom area. The windowed kitchen is equipped with brand-new stainless-steel appliances. See floor plan and full details here.

-8.5% | -$50,000

86 Horatio Street, #1A
$535,000

West Village | Cooperative | Studio, 1 Bath

86 Horatio Street, #1A (Compass)

From the Listing: This beautifully reimagined West Village studio co-op sits on one of Manhattan’s most desirable tree-lined historic blocks. Owned and designed by an award-winning architect, this stunning residence embodies the perfect balance of refinement and functionality. Every inch has been thoughtfully reconfigured to maximize space and style, featuring an abundance of custom built-in storage, precision detailing, and top-of-the-line finishes and fixtures. See floor plan and full details here.

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In this article:

-11.9% | -$3,750,000

The Plaza, #1801/1901
$27,650,000

Recently reduced listings

-9.1% | -$1,800,000

55 West 9th Street, #TH
$17,950,000

-10.4% | -$1,500,000

45 Walker Street, #PH
$12,950,000

-10.1% | -$1,005,000

Mercer Greene, #4
$8,995,000

Select which properties are of interest to you:

-4.3% | -$400,000

VU New York, #PH34A
$8,985,000

-10.8% | -$800,000

The Park Laurel, #21A
$6,600,000

-13% | -$900,000

152 East 63rd Street, #2
$6,000,000

-24.4% | -$1,450,000

The Verona, #5E
$4,500,000

-18.9% | -$850,000

The Ritz-Carlton Residences, New York, NoMad, #PH42B
$3,650,000

-35.9% | -$1,955,000

425 Fifth Avenue, #65A
$3,495,000

-3.6% | -$100,000

161 West 86th Street, #2A
$2,695,000

-12.3% | -$350,000

145 Central Park North, #2A
$2,500,000

-9.8% | -$245,000

The Arcadia, #PHC
$2,250,000

-8.5% | -$195,000

21 East 22nd Street, #PH12F
$2,100,000

-7.2% | -$155,000

35XV, #13B
$1,995,000

-11.7% | -$251,000

Eagle Warehouse & Storage Company, #THE
$1,899,000

-6.3% | -$100,000

299 13th Street, #4B
$1,500,000

-8% | -$100,000

The Alexandria House, #3A
$1,150,000

-2.4% | -$25,000

The Prime, #8D
$1,025,000

-23% | -$299,001

East River Tower, #33H
$999,999

-30.9% | -$425,000

W Residences, #44G
$950,000

-5.4% | -$50,000

The Rio, #9C
$875,000

-2.9% | -$20,000

Olive Park, #6L
$675,000

-4.3% | -$25,000

The John Murray House, #3M
$550,000

-8.5% | -$50,000

86 Horatio Street, #1A
$535,000

This is your member's center

In this article:

-11.9% | -$3,750,000 The Plaza, #1801/1901$27,650,000

Recently reduced listings

-9.1% | -$1,800,000 55 West 9th Street, #TH$17,950,000

-10.4% | -$1,500,000 45 Walker Street, #PH$12,950,000

-10.1% | -$1,005,000 Mercer Greene, #4$8,995,000

Select which properties are of interest to you:

-4.3% | -$400,000 VU New York, #PH34A$8,985,000

-10.8% | -$800,000 The Park Laurel, #21A$6,600,000

-13% | -$900,000 152 East 63rd Street, #2$6,000,000

-24.4% | -$1,450,000 The Verona, #5E$4,500,000

-18.9% | -$850,000 The Ritz-Carlton Residences, New York, NoMad, #PH42B$3,650,000

-35.9% | -$1,955,000 425 Fifth Avenue, #65A$3,495,000

-3.6% | -$100,000 161 West 86th Street, #2A$2,695,000

-12.3% | -$350,000 145 Central Park North, #2A$2,500,000

-9.8% | -$245,000 The Arcadia, #PHC$2,250,000

-8.5% | -$195,000 21 East 22nd Street, #PH12F$2,100,000

-7.2% | -$155,000 35XV, #13B$1,995,000

-11.7% | -$251,000 Eagle Warehouse & Storage Company, #THE$1,899,000

-6.3% | -$100,000 299 13th Street, #4B$1,500,000

-8% | -$100,000 The Alexandria House, #3A$1,150,000

-2.4% | -$25,000 The Prime, #8D$1,025,000

-23% | -$299,001 East River Tower, #33H$999,999

-30.9% | -$425,000 W Residences, #44G$950,000

-5.4% | -$50,000 The Rio, #9C$875,000

-2.9% | -$20,000 Olive Park, #6L$675,000

-4.3% | -$25,000 The John Murray House, #3M$550,000

-8.5% | -$50,000 86 Horatio Street, #1A$535,000

Select which properties are of interest to you:

Listings in this article

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Insights

Company

-11.9% | -$3,750,000

The Plaza, #1801/1901
$27,650,000

-9.1% | -$1,800,000

55 West 9th Street, #TH
$17,950,000

-10.4% | -$1,500,000

45 Walker Street, #PH
$12,950,000

-10.1% | -$1,005,000

Mercer Greene, #4
$8,995,000

-4.3% | -$400,000

VU New York, #PH34A
$8,985,000

-10.8% | -$800,000

The Park Laurel, #21A
$6,600,000

-13% | -$900,000

152 East 63rd Street, #2
$6,000,000

-24.4% | -$1,450,000

The Verona, #5E
$4,500,000

-18.9% | -$850,000

The Ritz-Carlton Residences, New York, NoMad, #PH42B
$3,650,000

-35.9% | -$1,955,000

425 Fifth Avenue, #65A
$3,495,000

-3.6% | -$100,000

161 West 86th Street, #2A
$2,695,000

-12.3% | -$350,000

145 Central Park North, #2A
$2,500,000

-9.8% | -$245,000

The Arcadia, #PHC
$2,250,000

-8.5% | -$195,000

21 East 22nd Street, #PH12F
$2,100,000

-7.2% | -$155,000

35XV, #13B
$1,995,000

-11.7% | -$251,000

Eagle Warehouse & Storage Company, #THE
$1,899,000

-6.3% | -$100,000

299 13th Street, #4B
$1,500,000

-8% | -$100,000

The Alexandria House, #3A
$1,150,000

-2.4% | -$25,000

The Prime, #8D
$1,025,000

-23% | -$299,001

East River Tower, #33H
$999,999

-30.9% | -$425,000

W Residences, #44G
$950,000

-5.4% | -$50,000

The Rio, #9C
$875,000

-2.9% | -$20,000

Olive Park, #6L
$675,000

-4.3% | -$25,000

The John Murray House, #3M
$550,000

-8.5% | -$50,000

86 Horatio Street, #1A
$535,000