Price Cuts: "Uncut Gems" penthouse at Trump World Tower gets 20% haircut; Gilded Age mansion now $2M off

By CityRealty Staff | From Great Listings Wednesday, March 5, 2025

Trump World Tower, #86B (Douglas Elliman)

With New York high-rises, it is not uncommon for buildings to be marketed with a larger number of floors than those that actually took shape. This is accomplished through such methods as counting below-grade floors in the total, skipping floor numbers (e.g. 13) for marketing purposes, or listing the first residential floor in a mixed-use building as a higher one due to high ceilings in offices or atriums on lower levels.

Developer-turned-president Donald Trump was an early adopter of the practice with projects like Trump World Tower. (While the Trump Organization was found to have defrauded lenders by falsely inflating its assets and net worth, The New York Times notes that the marketing practice is allowed as long as the floors are counted accurately in the building’s certificate of occupancy.) The building measures 72 stories high but is marketed as having 90 stories, the result of having divided the building’s height by 10 feet, the equivalent of a standard residential floor. As a result, upper-level listings with floor numbers in the 80s are actually located on floors in the high sixties or low seventies.

These include Residence #86B, which was used as a filming location in Uncut Gems and Narcos. Every room looks out on views of the Manhattan skyline and the East River, and interiors feature smart home technology, an Italian marble foyer, and custom closets throughout. Appropriately for its on-screen appearances, a secondary bedroom has been configured as a home theater with state-of-the-art technology.

When the apartment was listed for $14.995 million in early 2024, Robb Report predicted, “Odds are this jewel box apartment…won’t be on the market for very long.” That did not come to pass—it spent last year on and off the sales and rental markets, and the latest price cut brings it down to $11.995 million.

Orion Astoria living room (Corcoran Group)

Owing to zoning requirements, construction costs, and limited land availability, high-rises like Trump World Tower aren’t taking shape as often as they used to. However, the past few years have seen a surge in boutique condominiums in Brooklyn and Queens. Such buildings tend to offer limited common amenities, but excellent privacy, well-appointed interiors, and more attainable prices than their Manhattan counterparts.

One example is Orion Astoria, a seven-unit condominium located on a tree-lined residential street, albeit one in close proximity to 30th Avenue dining and transportation. All units feature floor-to-ceiling windows, high-end kitchen appliances, baths with radiant heated floors, in-unit laundry, and private balconies. But it took shape in an increasingly crowded market, and the developer has reduced prices on the two remaining availabilities.

The aforementioned units at Trump World Tower and Orion Astoria were among nearly 250 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions from February 25 - March 3, 2025. 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.

-10.3% | -$2,000,000

James F.D. Lanier House, #TH
$17,500,000

Murray Hill | Townhouse | 6+ Bedrooms, 6+ Baths | 11,638 ft²

James F.D. Lanier House, #TH (Modlin Group LLC)

From the Listing: Built in 1903, the James F.D. Lanier House at 123 East 35th Street is a stunning monument from New York’s Gilded Age. One of the largest single-family homes in New York City, this Beaux-Arts style mansion sprawls over 11,638 square feet, with twelve bedrooms, nine plus bathrooms, and has been honored with a spot on the National Register of Historic Places.Having had only two owners, this home has maintained its pristine condition thanks to this careful stewardship and is a designated New York City landmark. Its placement on the market presents a once-in-a-lifetime opportunity for the most discerning buyer. See floor plan and full details here.

-19.8% | -$2,995,000

Trump World Tower, #86B
$11,995,000

Turtle Bay/United Nations | Condominium | 4 Bedrooms, 5.5 Baths | 5,426 ft²

Trump World Tower, #86B (Douglas Elliman Real Estate)

From the Listing: Experience penthouse living surrounded by 5,400 square feet of iconic views. Enter in through the grand Italian marble foyer, and you are greeted by endless south-facing windows and an open floorplan of living, and dining area, perfect for hosting intimate gatherings or large groups of people. The primary bedroom suite is adorned with multiple walk in closets, and a special dressing area with a built-in vanity. The second largest bedroom, currently configured for being a movie theater screening room, is outfitted with a large walk in closet and en suite bathroom. See floor plan and full details here.

-22.1% | -$2,650,000

24 Fifth Avenue, #PH1701
$9,350,000

Greenwich Village | Cooperative | 3 Bedrooms, 3.5 Baths

24 Fifth Avenue, #PH1701 (Douglas Elliman Real Estate)

From the Listing: Presenting Penthouse 1701, a beautifully designed three-bedroom residence with a home office situated in prime lower Fifth Avenue. This magnificent duplex features an approximately 2,500-square-foot private terrace, offering unobstructed, landmark protected views of the iconic Manhattan skyline through three exposures. The double-height great room, with 18-foot ceilings and oversized windows, showcases stunning views of the Empire State Building and the Midtown skyline. See floor plan and full details here.

-10.2% | -$750,000

158 West 92nd Street, #TH
$6,600,000

Broadway Corridor | Townhouse | 4 Bedrooms, 4 Baths | 4,100 ft²

158 West 92nd Street, #TH (Corcoran Group)

From the Listing: Situated mid-block on this distinctive Upper West Side brownstone street, this elegant and sun-flooded home with meticulously restored original millwork includes four bedrooms, four full bathrooms and a delightful south facing garden. Spread over four floors with generously proportioned rooms and 10' to 11' ceiling heights, the home benefits from pretty views of trees to the north and south and a rare 43' deep landscaped south-facing garden. This superb offering presents an opportunity to acquire a very livable and impeccably maintained townhouse. See floor plan and full details here.

-12.9% | -$850,000

170 East End Avenue, #10/11B
$5,745,000

Yorkville | Condominium | 3 Bedrooms, 3.5 Baths | 2,642 ft²

170 East End Avenue, #10/11B (Corcoran Group)

From the Listing: This magnificent loft-like duplex features three bedrooms, three ensuite bathrooms and an elegant powder room. The dramatic living room boasts a 21' high ceiling, mezzanine and gas fireplace. The exquisitely finished interior offers beautifully patterned oak parquet floors with travertine and Italian marble throughout. See floor plan and full details here.

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-12.8% | -$705,000

425 Broome Street, #3N
$4,795,000

SoHo | Condominium | 2 Bedrooms, 2.5 Baths

425 Broome Street, #3N (Douglas Elliman Real Estate)

From the Listing: Experience a true one-of-a-kind iconic Soho corner condominium which radiates authentic loft charm and original character. Showcasing soaring ceilings over 13 feet and awe inspiring oversized picture windows to the best of Downtown vistas. Magical and chic, this split two bedroom plus home office holds two and one-half bath as well as a lofted mezzanine. The arrival into this expansive loft is accentuated by an extraordinary open corner great room with spectacular 9-foot mahogany windows facing historic and picturesque Soho. Storage included. See floor plan and full details here.

-15% | -$749,900

D'Arte House, #8
$4,250,000

Tribeca | Condominium | 3 Bedrooms, 2 Baths | 2,810 ft²

D'Arte House, #8 (Realty De Tilly NY LLC)

From the Listing: Experience luxury living in this full-floor Tribeca loft, located in a boutique doorman building in one of Manhattan's most exclusive and serene neighborhoods. With northern, southern, eastern, and western exposures, and two stunning terraces, this home offers great New York city views. Step off the keyed elevator into a spacious entry foyer that leads to a magnificent great room. Floor-to-ceiling glass windows open to the western terrace, filling the space with natural light and stunning views. See floor plan and full details here.

-12.9% | -$590,000

15 Union Square West, #31
$4,000,000

Flatiron/Union Square | Condominium | 2 Bedrooms, 2.5 Baths | 2,000 ft²

15 Union Square West, #31 (The Agency Brokerage)

From the Listing: Residence #31, aka Penthouse 8C, is a designer duplex sprawled across nearly 2,000 square feet of interior living space with an enormous private roof terrace. Thoughtfully crafted interiors are flooded with natural light from 3 exposures, floor-to-ceiling windows, and soaring 11-foot ceilings. Transition into tranquility through a formal gallery that provides ample storage for unpacking the day and arrive at the heart of the home where an expansive great room is flanked by a soothing fireplace on one side and balanced by a gem of a kitchen on the other. See floor plan and full details here.

-15.8% | -$750,000

152 Wooster Street, #2A
$4,000,000

SoHo | Cooperative | 3 Bedrooms, 2 Baths | 3,000 ft²

152 Wooster Street, #2A (Brown Harris Stevens Residential Sales LLC)

From the Listing: Welcome home to this stunning Soho loft where charm meets modern design. Boasting impressive ceilings over 10.5 feet high and striking exposed steel beams, this space features unique redbrick details and a bespoke bookshelf crafted by Raphael de Cardenas. As you enter, you'll find a spacious 40-foot great room that combines ample living and dining areas, all illuminated by grand arched windows. The gourmet kitchen is a chef's dream. See floor plan and full details here.

-16.4% | -$550,000

The Ardsley, #2I
$2,800,000

Central Park West | Cooperative | 5 Bedrooms, 4.5 Baths | 3,150 ft²

The Ardsley, #2I (Douglas Elliman Real Estate)

From the Listing: This sprawling, loftlike, duplex home feels like a townhouse, yet enjoys all the amenities of a full service building. Residence #2I is the rare combination of two 2-bedroom apartments as well as a large professional space on the first floor. The home boasts a grand entertainment space spanning 50 feet, highlighted with beautiful hardwood floors and beamed ceilings. Recessed lighting has been added throughout. See floor plan and full details here.

-24.3% | -$800,000

30 East 85th Street, #3G
$2,495,000

Carnegie Hill | Condominium | 2 Bedrooms, 2 Baths | 1,109 ft²

30 East 85th Street, #3G (NEWLIGHT REALTY)

From the Listing: Stepping inside this inviting abode, you'll be embraced by 9-foot ceilings and expertly designed living space, presenting a seamless blend of comfort and sophistication. The unit boasts 2 spacious bedrooms and 2 pristine bathrooms, promising luxurious serenity within the city's vibrant setting. Anchored by gleaming hardwood floors, the living space is illuminated by ample natural light streaming through large windows facing north and west, blessing the home with stunning street views. See floor plan and full details here.

-9.6% | -$190,000

The Fulton Chambers, #4E
$1,800,000

Financial District | Condominium | 2 Bedrooms, 2 Baths | 1,405 ft²

The Fulton Chambers, #4E (Douglas Elliman Real Estate)

From the Listing: Bathed in light from large windows positioned north and south, this spacious, contemporary loft apartment boasts a generous floor-through floorplan and versatile layout that affords comfortable living, and easy conversion to a 3-bedroom if desired. A keyed elevator opens directly into the stunning home offering upscale living at its best. The large living room is a perfect setting for relaxing or entertaining, distinguished by original steel/copper pillars, rich hardwood floors, and a wall of north/west-facing windows illuminating the space by day. Dedicated storage unit included. See floor plan and full details here.

-13.5% | -$270,000

550 Vanderbilt, #815
$1,725,000

Prospect Heights | Condominium | 2 Bedrooms, 2 Baths | 1,069 ft²

550 Vanderbilt, #815 (Douglas Elliman Real Estate)

From the Listing: This loft-like home makes a dramatic first impression with ceilings that soar 10 feet high over white-washed, wide-plank oak flooring and walls of southeast-facing windows. Relax and entertain in an open-plan living room wrapped in panoramic open-sky views, and enjoy a sleek kitchen with custom lacquer cabinetry, white Carrara marble countertops, and a fleet of Miele stainless steel appliances. 421a tax abatement in effect until 2043. See floor plan and full details here.

-3.6% | -$55,000

44 Gramercy Park North, #6E
$1,495,000

Gramercy Park | Cooperative | 1 Bedroom, 1 Bath

44 Gramercy Park North, #6E (Compass)

From the Listing: Step into this beautifully renovated one-bedroom apartment and immediately feel at home as you enter the gracious vestibule gallery entry room. This residence seamlessly blends old-world charm with modern conveniences, featuring beamed ceilings, fine moldings, and casement windows in the living room. The fully renovated, finely appointed marble kitchen has top-tier appliances, including a Viking stove, Miele dishwasher, and Sub-Zero refrigerator. Key to Gramercy Park included. See floor plan and full details here.

-3.5% | -$45,000

NoLiTa Place, #5A
$1,250,000

Lower East Side | Condominium | 2 Bedrooms, 2 Baths | 900 ft²

NoLiTa Place, #5A (Compass)

From the Listing: This light-filled two-bedroom unit offers a prime location in Nolita, featuring western and northern exposures that provide breathtaking afternoon sunsets. The open kitchen, complete with stainless steel appliances and a quartz countertop breakfast bar, is perfect for both cooking and entertaining. The bedrooms are thoughtfully separated, with a spacious living room at the center of the unit, ensuring privacy and comfort. See floor plan and full details here.

-34.4% | -$550,000

The Sherry Netherland, #12141215
$1,050,000

Park/Fifth Ave. to 79th St. | Cooperative | 2 Bedrooms, 2 Baths

The Sherry Netherland, #12141215 (Douglas Elliman Real Estate)

From the Listing: Located in the famed Sherry Netherland on Fifth Avenue, this published and recently renovated residence features 2 bedrooms and 2 custom marble bathrooms. One of the most desirable floor plans in the building with 12 windows, high ceilings and the most gracious foyer. The oversized living room is perfectly designed and flooded with sunlight, offering ample room for both living and dining. Available furnished. See floor plan and full details here.

-10.1% | -$90,000

1388 Lexington Avenue, #2W
$800,000

Carnegie Hill | Cooperative | Studio, 1 Bath

1388 Lexington Avenue, #2W (The Agency Brokerage)

From the Listing: Featuring 13-foot ceilings, intricate period details, and a wood-burning fireplace, this apartment exudes timeless charm. The bay window floods the space with natural light, offering serene views of a massive, private 900-square-foot garden with a majestic maple tree. The living area includes a lofted space for sleeping or storage, an updated kitchen, and French doors that open onto a private deck with wrought-iron railings. See floor plan and full details here.

-16.2% | -$150,000

309 East 87th Street, #6H
$775,000

Yorkville | Cooperative | 2 Bedrooms, 1 Bath

309 East 87th Street, #6H (SAMUEL REALTY GROUP LLC)

From the Listing: Residence #6H, completely reconfigured and renovated, offers a thoughtful layout. Excitement builds in the entry hallway upon envisioning the well-designed open kitchen concept. Custom kitchen cabinetry, granite countertops, GE Profile stainless steel appliances, under cabinet lighting and a ductless ceiling-mounted range hood complete the kitchen’s remodel. See floor plan and full details here.

-9.8% | -$76,000

J Condominium, #10J
$699,000

DUMBO | Condominium | Studio, 1 Bath | 582 ft²

J Condominium, #10J (Compass)

From the Listing: Situated in the heart of DUMBO, Residence #10J offers flexible space and could easily be converted to a junior one-bedroom or kept as is for an open layout. The oversized chef’s kitchen features stainless steel GE Profile appliances, absolute black granite countertops and oakwood cabinets. The chic bathroom is outfitted in marble, limestone floors and Grohe fixtures. See floor plan and full details here.

-2.6% | -$17,000

Orion Astoria, #2A
$643,000

Astoria/LIC | Condominium | 1 Bedroom, 1 Bath | 551 ft²

Orion Astoria, #2A (Modern Spaces)

From the Listing: Designed with meticulous attention to detail, this one-bedroom condo unit offers a harmonious blend of luxury, comfort, and functionality, all set within a building that elevates contemporary living. From the moment you enter, Unit 2A enchants with its open layout and abundance of natural light streaming through floor-to-ceiling windows. The Porcelanosa wide-plank Lutier Grey engineered hardwood floors add warmth and sophistication, complementing the recessed lighting and thoughtfully designed custom closets. See floor plan and full details here.

-17.4% | -$125,000

199 West 134th Street, #5
$595,000

Harlem | Condominium | 2 Bedrooms, 1 Bath | 710 ft²

199 West 134th Street, #5 (Douglas Elliman Real Estate)

From the Listing: Upon entering this 5th floor gem, you'll be greeted by the charm of pre-war architecture fused with modern design. Step onto pristine hardwood floors, walk through spacious rooms filled with natural light, and take note of the high ceilings. The heart of this home is undoubtedly the kitchen-an enticing space with custom cabinetry, sleek surfaces, and top-of-the-line appliances. See floor plan and full details here.

-9.8% | -$54,000

The Beekman, #509
$495,000

Park/Fifth Ave. to 79th St. | Cooperative | 1 Bedroom, 1 Bath

The Beekman, #509 (Brown Harris Stevens Residential Sales LLC)

From the Listing: Beautifully designed and renovated to the highest standards, this home will take your breath away. This south-facing spacious gem features large beautifully proportioned rooms. The gracious entry foyer leads to a large and elegant living room with beautiful built in bookcases and herringbone hardwood flooring, The monthly maintenance includes all utilities, 5 day daily European style housekeeping service, window and deep cleaning upon request. See floor plan and full details here.

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In this article:

-10.3% | -$2,000,000

James F.D. Lanier House, #TH
$17,500,000

-19.8% | -$2,995,000

Trump World Tower, #86B
$11,995,000

-22.1% | -$2,650,000

24 Fifth Avenue, #PH1701
$9,350,000

-10.2% | -$750,000

158 West 92nd Street, #TH
$6,600,000

-12.9% | -$850,000

170 East End Avenue, #10/11B
$5,745,000

Select which properties are of interest to you:

-12.8% | -$705,000

425 Broome Street, #3N
$4,795,000

-15% | -$749,900

D'Arte House, #8
$4,250,000

-12.9% | -$590,000

15 Union Square West, #31
$4,000,000

-15.8% | -$750,000

152 Wooster Street, #2A
$4,000,000

-16.4% | -$550,000

The Ardsley, #2I
$2,800,000

-24.3% | -$800,000

30 East 85th Street, #3G
$2,495,000

-9.6% | -$190,000

The Fulton Chambers, #4E
$1,800,000

-13.5% | -$270,000

550 Vanderbilt, #815
$1,725,000

-3.6% | -$55,000

44 Gramercy Park North, #6E
$1,495,000

-3.5% | -$45,000

NoLiTa Place, #5A
$1,250,000

-34.4% | -$550,000

The Sherry Netherland, #12141215
$1,050,000

-10.1% | -$90,000

1388 Lexington Avenue, #2W
$800,000

-16.2% | -$150,000

309 East 87th Street, #6H
$775,000

-9.8% | -$76,000

J Condominium, #10J
$699,000

-2.6% | -$17,000

Orion Astoria, #2A
$643,000

-17.4% | -$125,000

199 West 134th Street, #5
$595,000

-9.8% | -$54,000

The Beekman, #509
$495,000

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In this article:

-10.3% | -$2,000,000 James F.D. Lanier House, #TH$17,500,000

-19.8% | -$2,995,000 Trump World Tower, #86B$11,995,000

-22.1% | -$2,650,000 24 Fifth Avenue, #PH1701$9,350,000

-10.2% | -$750,000 158 West 92nd Street, #TH$6,600,000

-12.9% | -$850,000 170 East End Avenue, #10/11B$5,745,000

Select which properties are of interest to you:

-12.8% | -$705,000 425 Broome Street, #3N$4,795,000

-15% | -$749,900 D'Arte House, #8$4,250,000

-12.9% | -$590,000 15 Union Square West, #31$4,000,000

-15.8% | -$750,000 152 Wooster Street, #2A$4,000,000

-16.4% | -$550,000 The Ardsley, #2I$2,800,000

-24.3% | -$800,000 30 East 85th Street, #3G$2,495,000

-9.6% | -$190,000 The Fulton Chambers, #4E$1,800,000

-13.5% | -$270,000 550 Vanderbilt, #815$1,725,000

-3.6% | -$55,000 44 Gramercy Park North, #6E$1,495,000

-3.5% | -$45,000 NoLiTa Place, #5A$1,250,000

-34.4% | -$550,000 The Sherry Netherland, #12141215$1,050,000

-10.1% | -$90,000 1388 Lexington Avenue, #2W$800,000

-16.2% | -$150,000 309 East 87th Street, #6H$775,000

-9.8% | -$76,000 J Condominium, #10J$699,000

-2.6% | -$17,000 Orion Astoria, #2A$643,000

-17.4% | -$125,000 199 West 134th Street, #5$595,000

-9.8% | -$54,000 The Beekman, #509$495,000

Select which properties are of interest to you:

Listings in this article

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Company

-10.3% | -$2,000,000

James F.D. Lanier House, #TH
$17,500,000

-19.8% | -$2,995,000

Trump World Tower, #86B
$11,995,000

-22.1% | -$2,650,000

24 Fifth Avenue, #PH1701
$9,350,000

-10.2% | -$750,000

158 West 92nd Street, #TH
$6,600,000

-12.9% | -$850,000

170 East End Avenue, #10/11B
$5,745,000

-12.8% | -$705,000

425 Broome Street, #3N
$4,795,000

-15% | -$749,900

D'Arte House, #8
$4,250,000

-12.9% | -$590,000

15 Union Square West, #31
$4,000,000

-15.8% | -$750,000

152 Wooster Street, #2A
$4,000,000

-16.4% | -$550,000

The Ardsley, #2I
$2,800,000

-24.3% | -$800,000

30 East 85th Street, #3G
$2,495,000

-9.6% | -$190,000

The Fulton Chambers, #4E
$1,800,000

-13.5% | -$270,000

550 Vanderbilt, #815
$1,725,000

-3.6% | -$55,000

44 Gramercy Park North, #6E
$1,495,000

-3.5% | -$45,000

NoLiTa Place, #5A
$1,250,000

-34.4% | -$550,000

The Sherry Netherland, #12141215
$1,050,000

-10.1% | -$90,000

1388 Lexington Avenue, #2W
$800,000

-16.2% | -$150,000

309 East 87th Street, #6H
$775,000

-9.8% | -$76,000

J Condominium, #10J
$699,000

-2.6% | -$17,000

Orion Astoria, #2A
$643,000

-17.4% | -$125,000

199 West 134th Street, #5
$595,000

-9.8% | -$54,000

The Beekman, #509
$495,000