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Backyard of price improved townhouse at 236 East 72nd Street Backyard of price improved townhouse at 236 East 72nd Street
During the first week of June 2022, 483 sales listings throughout New York experienced price cuts. This comes at a time when inventory is starting to creep up (CityRealty listings show 9,639 publicly listed units for sale, a small climb form last week) and when the red-hot market may be starting to cool down a touch. However, that is not to say that it is going to be an easy time. New inventory cannot be created fast enough, and appraiser Jonathan Miller pointed out in an interview that the city is looking at a plateauing for price trends instead of a correction based on supply challenges. He adds, "I've been doing this since the mid-80s, and I've never seen a more polarized housing market than I have right now."
At this time of year, sellers are naturally eager to offload their homes before their summer vacations. Some seek to draw attention to their listings by playing up connections their home might have to a celebrity. But while a famous name can be good for drawing attention to a listing, this does not always translate to swift sales, nor can it compensate for other factors that might deter buyers. For example, though 75 ½ Bedford Street (also known as Millay House in honor of poet Edna St. Vincent Millay, who briefly lived there) has been beautifully renovated, its status as the city's narrowest house (only 9'6" wide!) could prove challenging to buyers whose traditional furnishings might overpower the skinny spaces. Its price has been reduced by $791K to $4.199 million.
Further uptown, jeweler to the stars Harry Winston lived and lavishly entertained in a full-floor home in a famously selective Fifth Avenue co-op. This unit has been reduced by a whopping $9.55 million to $29.95 million. Millay and Winston's homes were among the listings that experienced price cuts last week, and a full, sortable chart may be found below.



52-East-78th-Street-01 52 East 78th Street, #8B (Dot Realty NYC)
From the Listing: Sunny and bright studio apartment features oversized cathedral arched window casings and high ceilings. It overlooks 78th Street with beautiful open views. This boutique co-op offers a part-time doorman (Monday-Friday from 12:00 pm-8:00 pm and 2:00 pm-10:00 pm on weekends), an elevator, live-in resident manager, and laundry room. The prime Upper East Side address is on a lovely block less than one block from Central Park. See floor plan and full details here.

420-East-51st-Street-01 420 Beekman Hill, #11A (Compass)
From the Listing: This large, rare, stunningly designed and renovated-to-the-studs residence gives you a big, rich life at a reasonable acquisition price. Entertaining is fun, simple, and lively in your lofted-out, open-plan living and dining rooms, graced by a large, handsome, open kitchen with dining bars, premium appliances (including wine fridge), beautiful tile backsplash, and ample cabinets and quartzite counters. A big run of jumbo windows ties this great room together, bringing bright peeks of sunny skies and architectural city views to the entire residence. Clean lines govern all of the smart design, and gorgeous form brings easy-living function throughout this expansive home. See floor plan and full details here.

176-East-71st-Street-01 Townsend House, #14E (Singer Real Estate)
From the Listing: This beautiful sunny, high floor convertible 2-bedroom home is elegant, generous, spacious and consists of 1.5 baths. The dining room is 10' x 10', has a bay window and can be converted to a second bedroom, there is a separate area that is 14' x 8.4' and is used as a den. The apartment is on a high floor. The living room is 24.6 x15 and the primary bedroom is 19' x 12'. There is a bike room, and gym, washer dryers are permitted with board approval. There is a surcharge of $229.68 per month which the seller will pay until April 2024. See floor plan and full details here.

130-East-67th-Street-01 130 East 67th Street, #11F (Brown Harris Stevens)
From the Listing: This bright and quiet prewar gem features southern and eastern exposures, high ceilings (up to 9'6"), carpet over hardwood floors and windowed kitchen and bath. It was upgraded with the utmost attention to detail using the finest materials with built-in cabinetry and generous custom storage. All the hardware and hinges are by P.E Guerin. The living room faces east and has through the wall air conditioning, an outstanding, Nero Oro marble working gas fire place and built-in bookcases. See floor plan and full details here.

1399-Park-Avenue-01 1399 Park, #10B (Compass)
From the Listing: Large and elegant two-bedroom, two-bath residence at 1399 Park. Facing west, there are floor-to-ceiling windows in every room with oak floors and a Bosch washer/dryer. The open concept kitchen features Athens Silver Cream Marble countertops and backsplash, custom Oak cabinetry, Thermador range, Elica Hood, with a Bosch refrigerator and dishwasher. The primary suite has an en-suite bathroom made of Honed Vanilla Marble, Blue Padua Marble and Custom Brass Watermark fixtures. See floor plan and full details here.

201-East-66th-Street-01 201 East 66th Street, #3L (Douglas Elliman)
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From the Listing: Welcome home to this coveted "L" line two bed/two bath apartment in this rare self-managed co-op at 201 East 66th Street! Enter into a long closet lined foyer leading into a grand living room with wall-to-wall, sun-drenched, south-facing windows. Relax and unwind with views of peaceful tree tops along 66th Street. A separate dining L is large and perfect for dinner parties and entertaining. The retro dark green lacquer kitchen has stainless finishes, appliances and a granite floor. The oversized primary bedroom also enjoys southern exposure and a windowed marble en-suite with shower; the second bathroom has a bathtub. See floor plan and full details here.

2231-Adam-Clayton-Powell-Boulevard-01 Aurum, #PH2 (Compass)
From the Listing: Unit #PH2 is a sun-filled, south-facing dream with views of the sky above historic Harlem townhouses. Situated on the penthouse level, this 3-bed/2-bath condo features the invaluable amenity of having a 125-square-foot private terrace. Elegantly designed with an open kitchen leading to a spacious dining and living area. The design of the apartment features meticulously selected materials paired with modern amenities and finishes to form a residence of sophistication and warmth. The residence also includes an in-unit vented washer/Dryer. The 25 year 421A tax abatement still has almost 20 years remaining! See floor plan and full details here.

448-West-37th-Street-01 The Glass Farmhouse, #5A (Compass)
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From the Listing: This unique space is built-out as an apartment and fully functioning separate office with no detail overlooked. 12.5-foot ceilings and large north-facing windows created the backdrop for what became a work of art. Everything from the soundproofed ceiling to the chestnut floors with crocodile leather inlay has been thoughtfully designed. Lighting, windowsills, doors, desks, window treatments, closets and even doorknobs were designed specifically for this space. Concealed washer and dryer, custom built-in guest bed, double thick walls, sound system throughout - the designer/owner thought of it all. Zoned for commercial use, this condo features 2 doors to the building's hallway. One leads directly into the office and the other into the living area, providing complete separation for a live/work scenario. See floor plan and full details here.

115-East-9th-Street-01 The Saint Mark, #19C (Douglas Elliman)
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From the Listing: Motivated seller. 2-bedroom/2-bath with 200-square-foot+ balcony is situated on the 19th floor, facing east on a prime East Village block. The large, sun-splashed residence enjoys dramatic city and bridge views from a supersized balcony overlooking Third Avenue. Interiors feature an expansive living/dining room, wall to wall windows in each room, a gallery hallway that leads to sizeable bedrooms, plenty of closets, and a galley kitchen. Estate sale condition with good bones and layout, and structurally sound. See floor plan and full details here.

175-East-62nd-Street-01 The Victorian, #2A (Sotheby's International Realty)
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From the Listing: Generously proportioned light-filled interiors and a phenomenal outdoor terrace make Residence 2A at white-glove Victorian in Lenox Hill a rare and special offering. This classic, elegant apartment boasts a gracious, flexible layout with 3 large bedrooms, office/staff room, 3.5 baths and expansive main rooms - perfect for relaxing, entertaining and working from home. An entry foyer flanked by a closet and powder room leads to a central gallery, off of which sits a huge open living-dining room brightened by oversized eastern windows facing lovely greenery and a Juliet balcony. Maintenance includes electricity and cable. See full details here.

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425-West-50th-Street-01 Stella Tower, #11J (Brown Harris Stevens)
From the Listing: This Hudson River-facing, meticulously designed and executed unit boasts 13-foot ceilings, giving a loft-like feel. The chef's kitchen, outfitted in Miele appliances and SmallBone cabinetry, is open to the dining and living room. It contains all of the necessary amenities for every day cooking and even entertaining. The generous primary suite contains an alcove perfect for either a home office, entertainment space or nursery. The en-suite bathroom has custom marble floors, soaking tub, glass enclosed shower, marble slab double vanity and is decorated with some of Waterworks finest fixtures. See floor plan and full details here.

40-East-80th-Street-01 40 East 80th Street, #8A (Compass)
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From the Listing: Located in the most elegant stretch of the Upper East Side, on the corner of Madison Avenue and East 80th Street, #8AF is the ideal property for the discerning buyer not looking to renovate. Perched on a semi-private landing, the apartment welcomes you with a proper greeting, and then opens to a very large living, dining and den area that spills onto the private balcony overlooking Madison Avenue. The large chef's kitchen has been fully renovated and boasts appliances by Wolf, Miele and Sub-Zero, a wine refrigerator, tons of storage, and a marble countertop and backsplash. The current owner significantly renovated and customized the living room, adding a living room built in complete with refrigerator drawers, a bar area and additional storage. Maintenance includes electric, cable and internet, and storage. See floor plan and full details here.

520-East-81st-Street-01 The Salem House, #PHA (Brown Harris Stevens)
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From the Listing: This penthouse condo with low common charges and taxes is a true hidden gem on the Upper East Side. Light streams in through a wall of windows showing open exposures of the city. The kitchen features plenty of counter space, dishwasher, a gas range and venting hood. The spacious open living room includes a hidden bar cupboard and door to the terrace, which runs the full length of the apartment. Off the living room is a second bedroom or den with laundry room and hookups for a washer and dryer. The primary suite is separate from the public rooms and features two walk-in closets (one cedar lined), a spacious bedroom with picture window, and updated bath with glass shower. See floor plan and full details here.

303-East-57th-Street-01 The Excelsior, #34G (Sotheby's International Realty)
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From the Listing: Balancing grand scale living with the intimate feeling of home, Residence 34G offers approximately 3,300 square feet, sweeping views with full northern, eastern and southern exposures, and private outdoor space. Gracious proportions allow for large scale entertaining and a perfect backdrop for your most prized artwork. Bespoke detailing typically reserved for privately commissioned homes abounds, while a rich yet soft palette of museum-quality finishes imbues each space with both modern glamour and timeless elegance. The generous layout allows for 3-4 bedrooms and 3.5 baths. See floor plan and full details here.

571-Hudson-Street-01 571 Hudson Street, #1A (Compass)
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From the Listing: Enjoy room to entertain and relax, indoors or out, in this beautifully updated two-bedroom, two-bathroom loft duplex in the heart of the coveted West Village. Arrive on the home's bright upper level to take in a chic design scheme that embraces both historic details and stylish modern updates. Painted brick and new wide-plank oak floors reflect and amplify the sunlight that streams through the wide west-facing glass door. Leafy outdoor views, a fireplace and built-ins create a lovely backdrop in the large dining area, while the spacious home office and full bath add convenience. See floor plan and full details here.

188-East-78th-Street-01 The Empire, #4C (Sotheby's International Realty)
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From the Listing: This 1,513-square-foot 2-bedroom, 2.5 bath apartment in the prestigious Empire condominium is now priced to sell. The elegant entry foyer opens to a large living / dining room facing trees and townhouses on East 78th Street. The kitchen features fabulous wood cabinetry and top-of-the-line appliances. The spacious primary suite has room for a king-size bed, a dresser drawer, a desk and a sitting area. It has 1 walk-in closet, a second large closet, and en-suite marble bathroom with double sinks, bath tub, separate stall shower and ample storage space. See floor plan and full details here.

505-West-43rd-Street-01 505 W 43, #3B (Corcoran)
From the Listing: Designed by ODA Architects with interiors by Andres Escobar & Associates, 505 W 43 offers 122 stylish studio to three-bedroom condominium residences in two boutique towers situated around a central planted courtyard. #3B is a 1,542-square-foot three-bedroom with 9-foot ceilings, floor-to-ceiling windows, and northern views. This gracious residence features ample storage, five-inch light oak flooring throughout, and an open kitchen with white lacquer cabinetry, white quartz countertops and Bosch oven, refrigerator and dishwasher. See floor plan and full details here.

251-East-51st-Street-01 The Gaylord, #2KL (Douglas Elliman)
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From the Listing: Conveniently situated in the heart of Midtown in the Beekman Place district, this spacious 1,500-square-foot three-bedroom apartment offers ample living and entertaining space. Upon entering into the gracious foyer, you are led into the expansive open-concept living, kitchen and dining room with large oversized windows overlooking the terrace. A spacious pass thru kitchen makes this residence ideal for entertaining. This home features dark wood floors, ample closet space with custom built-in shelving, and an abundance of storage throughout. Sefull details here.
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845-United-Nations-Plaza-01 Trump World Tower, #32D (Douglas Elliman)
From the Listing: This sleek and luxuriously spacious 2-bedroom, 2.5-bathroom home features a perfect split bedroom layout with extra-large living room perfect for entertaining, grand 10-foot ceilings and stunning floor-to-ceiling windows throughout. Enjoy dazzling sunsets with open city views facing west, including the glamorous Chrysler Building. With over 1,600 square feet, this home features rich espresso brown floors throughout, spacious state-of-the-art kitchen, tons of closets and full size washer and dryer. Both bedrooms are generously sized and have en suite marble bathrooms. See floor plan and full details here.

180-East-79th-Street-01 180 East 79th Street, #9E (Compass)
From the Listing: Measuring 2,400 square feet with 10' ceilings with an exceptional open layout and generously scaled rooms, this striking 6-room home is a stand-out. An immense entry gallery leads to large, sunny principal rooms with oversized windows facing north. The enfilade suite of entertaining rooms spans over 60 feet along 79th Street. Upon entering, one experiences this great sweep as well as 9E's wonderful light. Additionally, the whole apartment is wired for sound with speakers in each room. The fabulous wide living room has a wood-burning fireplace with lighted built-ins at the north end. The library also has quality built-ins and connects to its own full bath. See floor plan and full details here.

1021-Park-Avenue-01 1021 Park Avenue, #13D (Douglas Elliman)
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From the Listing: Gracious classic seven waiting for your personal touch! Enter into the large entrance gallery that flows into the lofty living room with soaring ceilings, wood burning fireplace and oversized windows with both east and west exposures. Adjacent to the living room, is a lovely dining room conveniently located next to the large eat-in-kitchen featuring two windows of its own. Separate and away from the entertaining spaces, the spacious primary bedroom offers privacy and quiet with an en-suite bath, 4 closets, and corner exposure that bathes the space in natural light. See full details here.

20-West-53rd-Street-01 Baccarat Hotel & Residences, #20B (Corcoran)
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From the Listing: Sumptuous one-bedroom, one-bath home in the most elegant condo-hotel combines 5-star hotel amenities, richly-designed finishes and cinematic Midtown views reaching all the way to Central Park. Combining interiors by noted designer Stephen Sills and detailing by Tony Ingrao, jewel-like luxury and top-of-the-line modern conveniences fill the 1,203-square-foot aerie. Floor-to-ceiling windows with 11-foot ceilings encompasses the home, underscoring the brilliant light and views, while mahogany-stained wide-plank oak floors ground the residence. The sweeping Great Room provides ample space for quiet relaxation or lively entertaining, all served by the European-quality modern kitchen nearby. See full details here.

23-East-22nd-Street-01 One Madison, #7D (Brown Harris Stevens)
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From the Listing: This beautiful residence features a 31-foot long living/dining room with 10-foot floor-to-ceiling glass windows that showcase breathtaking views of Madison Square Park and the Midtown skyline. Enjoy the superb open chef's kitchen with rosewood cabinets with honed Calacatta marble countertops and Gaggenau appliances. A Bosch washer/dryer, central HVAC, and 9-inch rift and quarter sawn solid white oak flooring complete the picture. The luxurious en-suite primary bedroom also has views of the wonderful Madison Square Park and offers a generous closet/dressing area and travertine marble bathroom with radiant heated floors. See full details here.

421-Hudson-Street-01 The Printing House, #316 (Compass)
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From the Listing: This iconic full-service condominium offers 2,425 square feet of open-loft style space. The 15-feet wall-to-wall windows and 11-foot ceilings allow for a comfortable and relaxing home experience. Unit 316 has been completely redesigned-- while leaving subtle hints of the original architecture, dating back to 1905. Boasting a 25-foot center island, the chef's kitchen includes a top-of-the-line Wolf wall-oven, microwave and gas stovetop, Bosch dishwasher, Sub-Zero refrigerator, and superb custom cabinetry from floor to ceiling. See floor plan and full details here.

66-Crosby-Street-01 66 Crosby Street, #2GH (Serhant)
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From the Listing: This is a full floor incredible Soho loft, live/work, with 16-foot ceilings and beautiful exposed brick. This loft spans approximately 5,200 square feet, currently set up as 3 beds/ 3 baths and can easily be converted to add more bedrooms and bathrooms to your liking. Private keyed elevator opens directly to the home. Cast iron columns, open concept kitchen/living area, washer/dryer in unit and tons of closets throughout. There are different rooms that you could make into another bedroom or an office or library. There is central heating and cooling and beautiful hardwood floors. See floor plan and full details here.

75.5-Bedford-Street-01 Millay House, #TH (Nest Seekers)
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From the Listing: Famously known as Millay's House, the three-story plus finished basement 1873 Dutch-style house has been renovated with a modern touch and aesthetic still it is featuring original details of the house. This gem of a townhouse has 3 bedrooms, 2 full bathrooms, 4 wood-burning fireplaces, original exposed beams, and a fully finished lower-level retreat. There's abundant light on all three floors, from the skylight to the oversized windows, and the rear of the house has floor-to-ceiling French doors on the first and second floors that open onto a tree-shaded backyard. See floor plan and full details here.

15-West-81st-Street-01 15 West 81st Street, #1011G (Compass)
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From the Listing: This truly special residence was an original duplex as designed by Emery Roth himself and has only been enjoyed by 2 families in the long history of the landmarked building. Located on the 10th and 11th floors of one of the Upper West Side's most distinctive prewar cooperatives, this magnificent residence presents an opportunity for gracious living and entertaining with unparalleled grandeur, scale, and quintessential open Upper West Side views. Resplendent with outstanding natural light streaming through the north-facing original stained-glass doors and windows leading to the private terrace. This exceptional home features a graceful layout with beautiful herringbone floors, soaring ceilings, classic moldings, and elements of restored original finishes. See floor plan and full details here.

327-Central-Park-West-01 The Kenmare, #6CD (Douglas Elliman)
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From the Listing: No expense was spared in the design and renovation of this exquisite and sophisticated 4-bedroom apartment located in a beautiful prewar full-service condominium on Central Park West. The great room features a large living room/dining area with a state-of-the-art chef's kitchen with top-of-the-line Sub-Zero and Wolf appliances. There is a full-sized washer/dryer. The entertaining area contains oak chevron floors. The three beautifully designed marble bathrooms feature radiant heated floors. All of the custom millwork in the apartment was created by the most talented craftsmen using the finest of materials. The perfectly proportioned rooms in this home were designed for today's lifestyle. It can be offered fully furnished, and two private storage bins are included with the apartment. See full details here.

40-East-66th-Street-01 40 East 66th Street, #6A (Douglas Elliman)
From the Listing: The private elevator landing leads to a sun-filled gracious 7-room home. The elegant side-by-side living room, dining room features a wood-burning fireplace and northern views overlooking 66th Street. The eat-in chef's kitchen has a breakfast room, generous pantry space, and top of the line appliances. The sun-drenched primary bedroom features a walk-in closet and elegantly appointed ensuite bathroom with soaking tub. Two additional king-sized bedrooms offer ample closet space. See floor plan and full details here.

236-East-72nd-Street-01 236 East 72nd Street, #TH (Douglas Elliman)
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From the Listing: This beautifully renovated single-family house has 3-4 bedrooms, 3.5 baths, 3,692 interior square feet, and approximately 1,000 exterior square feet. The baronial double-height living room with 20' ceilings has a grand working fireplace and a wall of windows overlooking the 650 square foot south-facing landscaped garden. There is also a 150 square foot south-facing terrace off the primary bedroom and a 200 square foot gated forecourt/driveway. This house is just outside the Upper East Side Historic District, so no special permission is required for adding a floor or extending the back of the house to a size of at least 5,500 square feet above ground. See floor plan and full details here.

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927-Fifth-Avenue-01 927 Fifth Avenue, #9FL (Brown Harris Stevens)
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From the Listing: This extraordinary 14-room, 6-bedroom apartment offers grand proportions enhanced by a gracious layout spanning over 5,500 square feet. This spectacular prewar apartment has 55-feet fronting Central Park and features soaring 10'6" foot ceilings, original herringbone flooring, and impressive original plaster moldings throughout. Sunlight streams in through 27 oversized windows spanning all four exposures. A private elevator landing opens into the main gallery, which has a deep coat closet and is bathed in natural light from the adjoining living room, library, and formal dining room. The gallery has a doublewide entryway that perfectly captures Central Park through the oversized living room windows. See full details here.
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