On Sunday, November 2, nearly 60,000 runners finished the New York City Marathon spanning all five boroughs. While a small fraction of the more than 200,000 runners who entered the lottery, this still set a new record as the world's largest marathon. Kenya's Hellen Obiri set a new women's course record, winning in 2:19:51, and her countryman Benson Kipruto won in the men's division by a fraction of a second. Celebrity marathoners included several alumni of The Bachelor and The Bachelorette, The Amazing Race host Phil Keoghan, stage/screen actor Anthony Ramos, and Broadway actor Jordan Litz, who went from the marathon to two performances of Wicked.
According to Brand Finance's Marathon 50 2025 report, the New York City Marathon is the world's most valuable brand, worth an estimated $292 million (h/t Marathon World). Coincidentally, marathoners ran past some of the most valuable real estate in the world as they made their way up Central Park South to reach the finish line. Real estate listing along perimeter of Central Park, specifically the south and east sides, command some of the city's highest prices. The Plaza Hotel, which features a condo component in addition to the hotel rooms, is located on Fifth Avenue and Central Park South, possibly making it one of the most valuable pieces of real estate in the city.
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A few days before the marathon, Landmarks reviewed a proposal for interior and exterior renovations to The Plaza's residential entrance and lobby on Central Park South, which originally served as the hotel's main entrance. A presentation by Acheson Doyle Partners Architects detailed plans to install a new vestibule between a pair of revolving doors, modify a marble desk in the lobby to allow for greater mobility, and to restore several historic elements like the iconic mosaic flooring. Commissioners were largely supportive and unanimously voted to approve the plan.
"New York's most celebrated symbol of cosmopolitan and turn-of-the-century splendor, inside and out" - Ada Louise Huxtable on The Plaza
The hearing took place around a time when listings overlooking Central Park accounted for all five of Manhattan's highest-priced sales and the majority of New York City's highest-priced contracts. Billionaires' Row has become synonymous with today's luxury real estate, but has also become increasingly crowded with soaring skyscrapers that have risen alongside prewar cooperatives. This could explain why several listings along this stretch of 57th Street, including two at The Plaza, were among nearly 300 condos, co-ops, condops, and townhouses that experienced price reductions from October 28 - November 3, 2025.
A selection of notable listings, as well as a full chart of last week's price cuts, may be found below. Please be advised that all quoted figures reflect cumulative price cuts (looking at you, Trump World Tower condo) as opposed to the most recent reductions.
Recently reduced listings
-11.2% | -$2,245,000
One Central Park West, #48A
$17,750,000
Central Park West | Condominium | 4 Bedrooms, 5 Baths | 4,489 ft2
One Central Park West, #48A (Corcoran Group)
-10.5% | -$1,550,000
One Central Park, #74/75B
$13,250,000
Central Park West | Condominium | 4 Bedrooms, 4.5 Baths | 3,491 ft2
One Central Park, #74/75B (Modlin Group LLC)
-13.3% | -$1,995,000
The Majestic, #7C
$13,000,000
Central Park West | Cooperative | 4 Bedrooms, 4.5 Baths | 4,000 ft2
The Majestic, #7C (Douglas Elliman Real Estate)
-4.8% | -$500,000
252 East 57th Street, #60A
$9,995,000
Midtown East | Condominium | 4 Bedrooms, 4.5 Baths | 4,631 ft2
252 East 57th Street, #60A (Compass)
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-17% | -$2,045,000
The Plaza, #PH11
$9,950,000
Midtown West | Condominium | 3 Bedrooms, 3.5 Baths | 2,900 ft2
The Plaza, #PH11 (Douglas Elliman Real Estate)
-39% | -$6,050,000
Trump World Tower, #81AD
$9,450,000
Turtle Bay/United Nations | Condominium | 3 Bedrooms, 5 Baths | 4,487 ft2
Trump World Tower, #81AD (Sothebys International Realty)
-1.5% | -$100,000
Wythe Lane Townhouses, #TH
$6,400,000
Williamsburg | Condominium | 4 Bedrooms, 4 Baths | 4,470 ft2
Wythe Lane Townhouses, #TH (Compass)
-15.5% | -$1,000,000
1035 Park Avenue, #PH
$5,450,000
Carnegie Hill | Cooperative | 2 Bedrooms, 2.5 Baths
1035 Park Avenue, #PH (Brown Harris Stevens Residential Sales LLC)
-7.2% | -$350,000
114 Mercer Street, #PH
$4,500,000
SoHo | Cooperative | 2 Bedrooms, 2 Baths
114 Mercer Street, #PH (Compass)
-21.4% | -$1,050,000
33 East 70th Street, #9D
$3,850,000
Park/Fifth Ave. to 79th St. | Cooperative | 3 Bedrooms, 4 Baths
33 East 70th Street, #9D (Compass)
-4.2% | -$155,000
11 Harrison Street, #5
$3,495,000
Tribeca | Condominium | 2 Bedrooms, 1 Bath | 1,950 ft2
11 Harrison Street, #5 (Compass)
-7.3% | -$235,000
The Solaire, #26B
$2,995,000
Battery Park City | Condop | 3 Bedrooms, 3 Baths | 1,662 ft2
The Solaire, #26B (Corcoran Sunshine Marketing Group)
-5% | -$124,000
The Clocktower Building, #10K
$2,375,000
DUMBO | Condominium | 1 Bedroom, 2 Baths | 1,414 ft2
The Clocktower Building, #10K (Sothebys International Realty)
-12.2% | -$300,000
The Printing House, #214
$2,150,000
West Village | Condominium | 1 Bedroom, 1.5 Baths | 995 ft2
The Printing House, #214 (Corcoran Group)
-22.2% | -$600,000
400 West 23rd Street, #6JK
$2,100,000
Chelsea | Cooperative | 4 Bedrooms, 2 Baths
400 West 23rd Street, #6JK (Sothebys International Realty)
-14% | -$300,000
825 West End Avenue, #7D
$1,850,000
Riverside Dr./West End Ave. | Condominium | 2 Bedrooms, 2 Baths | 1,687 ft2
825 West End Avenue, #7D (Douglas Elliman Real Estate)
-12.5% | -$249,000
16 Ridgewood Place, #2
$1,750,000
Bushwick | Condominium | 4 Bedrooms, 3.5 Baths | 2,600 ft2
16 Ridgewood Place, #2 (Corcoran Group)
-36.1% | -$900,000
The Osborne, #3DB
$1,595,000
Midtown West | Cooperative | 1 Bedroom, 1.5 Baths | 1,500 ft2
The Osborne, #3DB (Compass)
The Waverly, #5E (Brown Harris Stevens Residential Sales LLC)
-10.2% | -$125,000
The Olmsted, #2B
$1,100,000
Central Park West | Condominium | 1 Bedroom, 1 Bath | 841 ft2
The Olmsted, #2B (Corcoran Group)
-16.7% | -$200,000
The Strand, #21-B
$995,000
Midtown West | Condominium | 1 Bedroom, 2 Baths | 838 ft2
The Strand, #21-B (Fischer Group Realty LLC)
-11.4% | -$125,000
230 East 50th Street, #9C
$975,000
Midtown East | Cooperative | 1 Bedroom, 1.5 Baths
230 East 50th Street, #9C (Compass)
-25.4% | -$305,000
East River Coop, #J1901
$895,000
Lower East Side | Cooperative | 1 Bedroom, 1 Bath | 800 ft2
East River Coop, #J1901 (Brown Harris Stevens Residential Sales LLC)
-6.3% | -$50,000
3 Hanover Square, #19J
$750,000
Financial District | Cooperative | 1 Bedroom, 1 Bath
3 Hanover Square, #19J (Compass)
-18.8% | -$150,000
Trump Parc, #4D
$650,000
Midtown West | Condominium | Studio, 1 Bath | 600 ft2
Trump Parc, #4D (Keller Williams NYC)
-25.6% | -$205,000
Ritz Tower, #8-E
$595,000
Midtown East | Cooperative | 2 Bedrooms, 2 Baths | 1,200 ft2
Ritz Tower, #8-E (Nest Seekers LLC)
-31.6% | -$185,000
Riverview East, #19E
$400,000
Gramercy Park | Cooperative | 1 Bedroom, 1 Bath
Riverview East, #19E (Compass)
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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