From June 25 - July 1, 2025, just over 350 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions. These included a three-bedroom penthouse at 444 East 52nd Street, a prewar cooperative known for its well-heeled residents, including actress/playwright turned U.S. Ambassador and Representative Clare Boothe Luce (nee Ann Clare Booth), who leased a penthouse in the building (h/t Daytonian in Manhattan).
The building also counted writer Dorothy Parker among past residents. She lived there in 1934, during which time she entertained the likes of F. Scott Fitzgerald and married her second husband, actor Alan Campbell. The couple moved to Hollywood from there, with Ms. Parker returning to New York following Mr. Campbell's death in 1963.
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In this Manhattan building on a cul-de-sac "far enough east to plant tea," as Ms. Parker put it, it cannot be confirmed exactly which apartment was hers. However, Robb Report emphasized her connection to this three-bedroom duplex penthouse with a massive private terrace overlooking East River views. It was listed for $6,995,000 in August 2024, but the most recent price reduction brings it down to $5,250,000.
"There are many penthouse views: the East River, sombre as a black velvet ribbon at your feet, shot with phosphorescent slivers that flake away in the wake of river craft" - Ann Clare Boothe on her penthouse at 444 East 52nd Street
"Other places may give you a sweet and soothing sense of level; but in New York there is always the feeling of 'Something’s going to happen'" - Dorothy Parker
-19.2% | -$1,245,000
444 East 52nd Street, #PHN
$5,250,000
Beekman/Sutton Place | Cooperative | 3 Bedrooms, Unknown Baths
444 East 52nd Street, #PHN (Sothebys International Realty)
Around the block from 444 East 52nd Street, 23 Beekman Place is also known as the Paul Rudolph House in honor of its longtime owner, a prominent architect and leading proponent of the Modernist movement in the 1960s.
Mr. Rudolph rented an apartment on the fourth floor of what was then a five-story brownstone in the early 1960s and purchased the building in 1976. From there, he embarked on a massive renovation that included the addition of a quadruplex penthouse he would use as a personal residence.
The building was designated a New York City Landmark in 2010 and has been on and off the market since late 2012, when it was listed for $27.5 million. The most recent reduction brings it down to $17 million, a 38% discount from its 2012 price.
Mr. Rudolph rented an apartment on the fourth floor of what was then a five-story brownstone in the early 1960s and purchased the building in 1976. From there, he embarked on a massive renovation that included the addition of a quadruplex penthouse he would use as a personal residence.
The building was designated a New York City Landmark in 2010 and has been on and off the market since late 2012, when it was listed for $27.5 million. The most recent reduction brings it down to $17 million, a 38% discount from its 2012 price.
-38.2% | -$11,000,000
23 Beekman Place, #TH
$17,000,000
Beekman/Sutton Place | Townhouse | 6+ Bedrooms, 6+ Baths | 9,296 ft2
23 Beekman Place, # (Sothebys International Realty)
The price cuts also included six units at 630 Grand Avenue, a recently launched boutique condominium in Prospect Heights with move-ins expected to begin soon. The building offers a large number of amenities and services, including a lobby with package room, a fitness center, a lounge with coworking space, a separate media lounge, a courtyard, and a roof deck. The building also offers bike storage and on-site parking for purchase, but is located in close proximity to several public transportation options.
-5.2% | -$145,000
630 Grand Avenue, #505
$2,650,000
Prospect Heights | Condominium | 3 Bedrooms, 2.5 Baths | 1,488 ft2
630 Grand Avenue, #505 (Corcoran Group)
Another perk of life at 630 Grand Avenue is a prime Brooklyn address near Grand Army Plaza in Prospect Park, the Brooklyn Botanic Garden, the Brooklyn Museum, the landmarked Brooklyn Public Library, and popular local dining. However, the building took shape in a growing market with increasing competition. In addition to the price reductions on select units, the sponsor is offering two years of paid common charges for all new deals that enter contract by the end of July 2025 to further sweeten the deal.
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 quoted figures reflect cumulative price cuts as opposed to the most recent reductions.
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Select Listings with Price Improvements
-17.5% | -$10,500,000
36 East 63rd Street, #TH
$49,500,000
Park/Fifth Ave. to 79th St. | Townhouse | 6+ Bedrooms, 6+ Baths | 15,875 ft2
36 East 63rd Street, #TH (Brown Harris Stevens Residential Sales LLC)
-3.8% | -$750,000
765 Park Avenue, #12B
$19,250,000
Park/Fifth Ave. to 79th St. | Cooperative | 5 Bedrooms, 6+ Baths
765 Park Avenue, #12B (Sothebys International Realty)
-7.1% | -$1,000,000
The Legacy, #PH
$12,995,000
Carnegie Hill | Condominium | 5 Bedrooms, 6+ Baths | 6,700 ft2
The Legacy, #PH (Coldwell Banker Warburg)
-5.7% | -$500,000
4 East 72nd Street, #34B
$8,250,000
Park/Fifth Ave. to 79th St. | Cooperative | 3 Bedrooms, Unknown Baths
4 East 72nd Street, #34B (Sothebys International Realty)
-16.9% | -$3,255,000
993 Fifth Avenue, #4
$15,995,000
Carnegie Hill | Cooperative | 6+ Bedrooms, 6+ Baths
993 Fifth Avenue, #4 (Compass)
-22.6% | -$2,900,000
53 West 71st Street, #TH
$9,950,000
Central Park West | Townhouse | 5 Bedrooms, 4 Baths | 5,139 ft2
53 West 71st Street, #TH (Vandenberg Inc)
-13.7% | -$795,000
253 West 28th Street, #5
$5,000,000
Chelsea | Condominium | 4 Bedrooms, 4 Baths | 5,500 ft2
253 West 28th Street, #5 (Compass)
-16.4% | -$900,000
Fifteen Hudson Yards, #63A
$4,600,000
Midtown West | Condominium | 2 Bedrooms, 2.5 Baths | 2,080 ft2
Fifteen Hudson Yards, #63A (Brown Harris Stevens Residential Sales LLC)
-10.4% | -$500,000
Windsor Tower, #PH7
$4,295,000
Turtle Bay/United Nations | Cooperative | 2 Bedrooms, 2 Baths
Windsor Tower, #PH7 (Douglas Elliman Real Estate)
-12.1% | -$545,000
Olympic Tower, #32D
$3,950,000
Midtown East | Condominium | 2 Bedrooms, 2.5 Baths | 1,800 ft2
Olympic Tower, #32D (Corcoran Group)
-4.2% | -$135,000
The Solaire, #26B
$3,095,000
Battery Park City | Condop | 3 Bedrooms, 3 Baths | 1,662 ft2
The Solaire, #26B (Corcoran Sunshine Marketing Group)
-14.3% | -$500,000
LightSquare, #101
$2,999,000
Midtown West | Condominium | 3 Bedrooms, 2.5 Baths | 1,881 ft2
LightSquare, #101 (Corcoran Group)
-12.7% | -$400,000
The Rushmore, #8E
$2,750,000
Riverside Dr./West End Ave. | Condominium | 2 Bedrooms, 2 Baths | 1,500 ft2
The Rushmore, #8E (Nest Seekers LLC)
-10.1% | -$275,000
The Parc Vendome, #11FG
$2,450,000
Midtown West | Condominium | 2 Bedrooms, 2 Baths | 1,645 ft2
The Parc Vendome, #11FG (Brown Harris Stevens Residential Sales LLC)
-15.4% | -$400,000
Art Deco, #12
$2,195,000
Chelsea | Condominium | 2 Bedrooms, 2.5 Baths | 2,000 ft2
Art Deco, #12 (Compass)
-20.1% | -$500,000
Millennium Tower Residences, #31G
$1,990,000
Battery Park City | Condominium | 2 Bedrooms, 2 Baths | 1,190 ft2
Millennium Tower Residences, #31G (Battery Park Realty Inc)
-11.1% | -$200,000
175W95, #19F
$1,600,000
Broadway Corridor | Condominium | 2 Bedrooms, 2 Baths | 950 ft2
175W95, #19F (Compass)
-18.1% | -$330,000
110 West 80th Street, #4FR
$1,495,000
Broadway Corridor | Cooperative | 3 Bedrooms, 2.5 Baths
110 West 80th Street, #4FR (Hauseit LLC)
-25.3% | -$405,000
Tower East, #31B
$1,195,000
Lenox Hill | Cooperative | 2 Bedrooms, 2 Baths | 1,200 ft2
Tower East, #31B (Coldwell Banker Warburg)
-15.4% | -$200,000
Park East Apartments, #PHB
$1,095,000
Yorkville | Cooperative | 2 Bedrooms, 2 Baths
Park East Apartments, #PHB (Compass)
-13.2% | -$145,000
49 East 12th Street, #2C
$950,000
Greenwich Village | Cooperative | 1 Bedroom, 1 Bath
49 East 12th Street, #2C (Compass)
-14.7% | -$129,000
Ten43 Halsey, #1
$748,000
Bushwick | Condominium | 2 Bedrooms, 2 Baths | 877 ft2
Ten43 Halsey, #1 (Compass)
-24.4% | -$226,000
309 East 87th Street, #6H
$699,000
Yorkville | Cooperative | 2 Bedrooms, 1 Bath
309 East 87th Street, #6H (SAMUEL REALTY GROUP LLC)
-15.3% | -$99,000
Connaught Tower, #6C
$550,000
Midtown East | Cooperative | 1 Bedroom, 1 Bath
Connaught Tower, #6C (Next Stop NY)
-13.9% | -$80,000
The John Murray House, #4H
$495,000
Murray Hill | Cooperative | Studio, 1 Bath
The John Murray House, #4H (Brown Harris Stevens Residential Sales LLC)
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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