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The Majestic, #PH18EF (Brown Harris Stevens) The Majestic, #PH18EF (Brown Harris Stevens)
Halloween is three and a half weeks away, but the possibility of a recession is scarier than ghosts and witches to many people. Rising interest rates both at home and overseas have had an effect on stock prices, which in turn have sent the markets into chaos. Tech giants like Amazon and Meta have announced hiring freezes, and the latter has closed one of its New York offices. Additionally, while almost any change to the real estate market would be a slowdown compared to the red-hot sales pace at the beginning of this year, numerous reports have found that sales prices are starting to go down. A recent survey by the Mortgage Bankers Association found that on the week ending in September 30, mortgage applications fell 14% from the week before.

Amidst this backdrop, a total of 451 sales listings experienced price reductions from September 28 - October 4, 2022. A selection of notable apartments and townhouses may be found below.

173-Hicks-Street-01 173 Hicks Street, #6A (Nest Seekers)
Brooklyn Heights co-ops
Brooklyn condos
From the Listing: Located on a gorgeous tree lined street, right in the heart of Brooklyn Heights at the intersection of Hicks Street and Love Lane, this unit features double height ceilings and oversized windows. Light pours into the apartment from the windows and large skylight overhead. The large entrance foyer has plenty of space for a dining area, and there is exposed brick and hardwood floors throughout the space. There is one bedroom and one full bathroom on the main level, and a lofted sleeping area that has another full bathroom with a soaking tub. See floor plan and full details here.

3-Riverside-Drive-01 3 Riverside Drive, #TH (Compass)
Riverside Drive townhouses
Upper West Side townhouses
From the Listing: For a time, 3 Riverside Drive was the residence of William Guggenheim, an iconic New York magnate. This 37-foot wide, ornate limestone mansion was designed by C.P.H. Gilbert. 3 Riverside Drive has epic proportions in each room with ceiling heights on its nine levels spanning from 10’ to 24’ high. The home has stunning views of Riverside Park, the Hudson River and open skies throughout. These unobstructed views are extraordinarily unusual for a townhouse in NYC most of which look across fairly narrow streets to other townhouses or buildings and accordingly have comparatively limited light. Purchased by the current owners in 2017, the house has been reimagined as a modern home on the inside with a historic outside fully preserved. Most unusually, the home has been designed with an unprecedented suite of amenities normally found in a large, full-service building including: a large swimming pool, partial basketball court, spa, gym, stadium seating movie theatre and game room. See floor plan and full details here.

455-Central-Park-West-01 455 Central Park West, #LM20 (Compass)
Central Park West condos
Upper West Side condos
From the Listing: This extraordinary Central Park West duplex apartment features fully renovated 4 bedroom, 4.5 baths, and a large eat-in kitchen. The breathtaking circular living room, lined with windows facing south and west with Central Park views, is truly a unique space (more than 1,100 square feet and 37 feet in diameter), with a spectacular 37-foot cathedral ceiling in one of the five turreted structures. The apartment has been completely renovated adding gorgeous walnut wide-plank floors throughout and numerous additional closet space for storage. See floor plan and full details here.

68-West-11th-Street-01 68 West 11th Street, #4 (Sotheby's International Realty)
Greenwich Village co-ops
Village apartments
From the Listing: A short three flight walk-up leads to a dramatic living room oasis facing West 11th Street featuring 13’ ceilings, a wood-burning fireplace, home office and storage. The dining area is below a large skylight offering sun-filled space open to the living room and a well-appointed kitchen featuring a Sub-Zero refrigerator, Miele dishwasher, a cooktop and oven, and abundant storage. The two well-proportioned bedrooms overlook the townhouse gardens facing south and both have custom electric shades, excellent light and great closet space. See floor plan and full details here.

555-Kappock-Street-01 River Point Towers, #8N (Brown Harris Stevens)
Spuyten Duyvil co-ops
Bronx co-ops
From the Listing: This bright airy large one bedroom with Palisades and Hudson River views make this spacious apartment special with cross ventilation as a bonus. A windowed kitchen with granite countertops and a breakfast bar for two make it inviting to come home to. Maintenance includes gas, electric, central AC, basic cable, seasonal pool, 24-hour doorman/concierge, and playground. Seller offering a concession at closing. See floor plan and full details here.

258-Saint-Nicholas-Avenue-01 Dwyer, #8A (Compass)
Harlem condos
Upper Manhattan condos
From the Listing: Introducing The Dwyer’s Loft 8A, an extraordinary two-bedroom, two-bathroom residence combining a minimalist design scheme and effortless convenience to create a living experience that is serene, joyful and highly intuitive. This roughly 2,000-square-foot architectural masterpiece boasts 5-inch rift-and-quarter-sawn solid oak floors, custom doors, 9-foot-tall ceilings, and walls of windows facing south, west and north. New through-the-wall PTAC and air filtration units run throughout, and windows, shades and blackout blinds open and close with the touch of a button. The foyer is flanked by two oversized Elfa closets, and the sprawling great room provides a generous footprint for living, dining and home office areas overlooking Hancock Square. This residence enjoys 12 more years of tax abatements. See floor plan and full details here.

30-West-90th-Street-01 30 West 90th Street, #6D (Serhant)
Central Park West condos
Upper West Side condos
From the Listing: Enjoy pristine pre-war charm in this stunning Upper West Side condo just off Central Park, a sun-splashed 3-bedroom, 2-bathroom home that exemplifies classic city elegance and design. Oversized sash windows let in an abundance of northern light, accentuating beautiful hardwood floors and airy beamed ceilings with chic molding. A series of custom built-ins add functionality and character, and a vented gas-burning fireplace with a whitewashed brick surround can be used all year-round. The windowed galley-style kitchen is adorned with lovely hexagonal terra cotta tile floors, custom cabinets, an eat-in breakfast nook, and a high-end appliances including a gas-burning stove. See floor plan and full details here.

245-West-99th-Street-01 Ariel West, #18B (The Corcoran Group)
Upper West Side condos
Upper West Side apartments
From the Listing: This 2,688-square-foot 4-bedroom / 4-bathroom designer home has just been refurbished and is in mint condition. Enter a gracious gallery framed at its end by a south-facing picture window with open city views. Bright south, east and west exposures welcome views of the city skyline and Hudson River abound from its multiple exposures. he living room flows beautifully into a corner formal dining room which will comfortably seat many guests and affords beautiful views. Off the dining room enter into a large kitchen with granite counter tops, ample glass front cabinetry and a Viking appliance package. Over the range an exhaust hood vents to the exterior of the building. See floor plan and full details here.

414-West-51st-Street-01 414 West 51st Street, #1 (Coldwell Banker Warburg)
NYC lofts
Hell's Kitchen condos
From the Listing: Imagine a true loft in Hell’s Kitchen that once was The Cubiculo Theater which housed New York’s Shakespeare Theater. It is now a truly special and unique 2/3-bedroom, 2-bath loft with spectacular 12-foot soaring ceilings, all four exposures with oversized picturesque windows, a planting garden with an outdoor grill, a den, and a 400-square-foot loft. The gourmet kitchen is outfitted with a five-burner gas Dacor cooktop, Dacor oven and smart oven/microwave, 36” Subzero refrigerator/freezer, oversized Franke sink with a garbage disposal, instant hot water, and Miele dishwasher and Quartzite countertops. See floor plan and full details here.

540-West-58th-Street-01 +Art, #8E (Brown Harris Stevens)
West Chelsea condos
Chelsea condos
From the Listing: This bright, light-filled one-bedroom apartment has easy access to the High Line entry down the block! Interiors are beautifully finished with 7-inch-wide white oak plank oiled wood floors and double glazed insulated windows. The open chef's kitchen is outfitted with honed granite counters, walnut cabinets and top-of-the-line appliances, featuring a Liebherr refrigerator, Bertazzoni oven, Viking microwave, under cabinet lighting, and sink disposal. The spacious bedroom features a large walk-in closet. See floor plan and full details here.

155-West-126th-Street-01 155 West 126th Street, #1B (Douglas Elliman)
Harlem condos
Upper Manhattan condos
From the Listing: Nestled on a tree-lined street in coveted and convenient Central Harlem, Residence 1B fulfills the dream of living in a townhouse with its own private stoop and entrance. Enter the parlor level into the grand living space, featuring 11-foot ceilings, recessed lighting, and an oversized window offering sunny southern exposures and the energy of this vibrant neighborhood. Beyond the living area resides the beautiful chef’s kitchen, replete with custom Italian cabinetry, Bertazzoni range and hood, Fisher & Paykel refrigerator, integrated Bosch dishwasher, and quartz countertops with an undermounted sink. See floor plan and full details here.

46-30-Center-Boulevard-01 The View at East Coast, #404 (Modern Spaces)
Long Island City condos
LIC condos
From the Listing: With floor-to-ceiling windows, you have amazing river direct city views including the Empire State Building, Chrysler Building and the iconic Pepsi Cola Sign in this gorgeous 2-bed and 2-bath at the luxurious View Condos on Center Boulevard. The apartment features a gourmet chef’s kitchen that includes a Viking stove and microwave oven, refrigerator by Sub-Zero, Bosch dishwasher and wine cooler, and vented washer/dryer. Great-sized bedrooms have generous closet space, and the primary bathroom has a double sink and white marble bath and shower. Motivated seller! See floor plan and full details here.

115-Central-Park-West-01 The Majestic, #PH18EF (Brown Harris Stevens)
Central Park West co-ops
Central Park West penthouses
From the Listing: This exceptional renovated 4/5 bedroom residence with four beautiful terraces is ideally situated on the 18th floor of the iconic Majestic, at the corner of 72nd Street and Central Park West. A private elevator landing opens onto a gracious square gallery leading to a 35-foot expanse of entertainment space incorporating a living room and library with floor-to-ceiling French doors opening onto two exceptional terraces floating high above Central Park. An elegant and oversized 27-foot dining room is situated at the north end of the gallery, and can easily accommodate up to 18 guests. The dining room opens onto a 36-foot terrace which captures views of The Dakota and The San Remo, as well as clear open views northward of the entire Park. See floor plan and full details here.

317-East-18th-Street-01 317 East 18th Street, #6A (Douglas Elliman)
From the Listing: Located on a quiet tree-lined street just a short walk from Union Square, this newly renovated unit features 10’ ceilings, huge open floor plan, triple exposer with city skyline views, dark-stained hardwood floors, modern kitchen with U-Line stainless appliances, custom built-in shelves in the living room, dining alcove, and a modern tiled bath. The unit has a large west facing king-sized bedroom with built-in shelves and ample closet space. See floor plan and full details here.

10-Jay-Street-01 10 Jay Street, #6AB (Compass)
Tribeca co-ops
Tribeca lofts
From the Listing: Situated on perhaps the best cobblestone block in Tribeca, 10 Jay Street is the quintessential prewar, loft style building offering privacy and quietude without sacrificing location. Apartment 6AB is a large three bedroom, two bath home with soaring ceilings, oversized windows with a corner exposure overlooking the iconic Staple Street skybridge, and architectural features expected of the prototypical Tribeca loft. The entertaining rooms span almost 50’ with 5 windows facing north to unobstructed city views, and 3 windows facing east. See floor plan and full details here.

270-West-17th-Street-01 Grand Chelsea, #20A (Brown Harris Stevens)
Chelsea condos
Chelsea apartments
From the Listing: A wall of windows frame the entire Manhattan skyline, including the Empire State building and all surrounding iconic buildings, in this loft-like 2-bedroom, 2-bathroom home. Wake up every morning with a view of the Empire State in your primary bedroom with en-suite bath and ample closet space. The second bedroom (or office) opens to the living room and affords a corner exposure with views west to the Hudson River and north to Hudson Yards. Rounding out the features there is a west facing balcony perfect for morning coffee, afternoon emails and sunset cocktails. See floor plan and full details here.

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