Price Cuts: Trump World Tower aerie cut by $1.3M; Striking Osborne studio gets 15% haircut

Trump World Tower and its unit, #58B (Douglas Elliman)

CityRealty > Market Insight > Features > Great Listings >

Wednesday, Jul 10, 2024 By CityRealty Staff, CityRealty contributor

Between 2016 and 2020, a number of Trump-built properties in New York City successfully voted to remove the former president's name from their buildings in protest of some of his most odious policies. Trump World Tower in United Nations Plaza is notably not among them, though it has not been for lack of trying. As recently as earlier this summer, building residents lobbied to remove both the name from the building and the Trump Organization as the building manager, but the condo board held fast.

One reason the residents sought the change was because they say the Trump branding hurts their property values, with one person claiming a potential renter turned around and left after seeing the name on the building. CityRealty data shows that prices in Trump-branded buildings are up from previous lows, but still not performing anywhere near previous highs. It is against this backdrop that two apartments in Trump World Tower were among about 190 New York listings that experienced price reductions from July 2-8, 2024.

A selection of notable listings, as well as a full chart of last week's discounts, may be seen below. Please be advised that all quoted figures reflect cumulative price cuts as opposed to the most recent reductions.

-13% | -$75,000

10 Park Avenue, #12F
$500,000

Murray Hill | Cooperative | Studio, 1 Bath | 500 ft²

10 Park Avenue, #12F (Serhant LLC)

From the Listing: This stunning Park Avenue apartment has everything you need to live comfortably and in style. Enter the spacious living area and immediately notice the beautifully refinished wood floors, adding a touch of elegance to the space. The bathroom has been updated with re-glazed tiles and a glass shower, giving it a modern and luxurious feel. It also boasts custom California closets, providing an abundant amount of storage space for all your belongings. See floor plan and full details here.

-16.4% | -$130,000

244 East 30th Street, #4B
$665,000

Murray Hill | Cooperative | 2 Bedrooms, 2 Baths

244 East 30th Street, #4B (Douglas Elliman Real Estate)

From the Listing: Fully renovated two-bedroom apartment features open, south-facing views of the city and overlooking serene gardens in the rear of the building. The large, partially opened kitchen features stainless steel appliances which include a five-burner range, dishwasher, undercabinet microwave and refrigerator. Recently renovated, the chic and sleek en-suite bathroom features a soaking tub with Calcutta marble tile and honed granite flooring throughout. See floor plan and full details here.

-16.6% | -$149,000

Chelsea Gardens, #2GE
$750,000

Chelsea | Cooperative | 1 Bedroom, 1 Bath

Chelsea Gardens, #2GE (Bank Neary Inc)

From the Listing: Welcome to apt 2GE in Chelsea Gardens, a unique, roomy one-bedroom in a stylish Art Deco doorman complex featuring a breathtaking common garden in the building's central courtyard. A large foyer with two closets leads into a large sunken living room filled with blazing southern sunshine and tree leaves rustling in your window. The kitchen, also off the foyer has a large sunny window and can easily be opened to the living room. See floor plan and full details here.

-10% | -$88,893

122 Palmetto Street, #4R
$799,995

Bushwick | Condominium | 2 Bedrooms, 1 Bath | 936 ft²

122 Palmetto Street, #4R (Douglas Elliman Real Estate)

From the Listing: Residence #4R features floor-to-ceiling windows and a floor through layout beautifully illuminated by northern and southern exposures. This spacious 2-bedroom duplex offers a sunny roof terrace, upstairs bedroom above a generous-floor through apartment. The modern kitchen features stylish and energy-efficient Bosch appliances, and zoned AC controls offer yet another "green" feature to this apartment. See floor plan and full details here.

-11% | -$120,000

303 East 33rd Street, #7E
$975,000

Murray Hill | Condominium | 1 Bedroom, 1 Bath | 672 ft²

303 East 33rd Street, #7E (Compass)

From the Listing: The moment you enter this pristine and bright residence, a stunning first impression is created by 4-inch wide bamboo flooring and nearly 9-foot ceilings. Designed for seamless entertaining, the open-plan living room blends living and dining areas, offering plenty of space for relaxing, while oversized windows frame iconic city vistas, including the Chrysler Building. The sleek, open chef’s kitchen captivates with bamboo and white cabinetry, glass countertops, a custom pantry, and top-of-the-line appliances. See floor plan and full details here.

-18% | -$260,000

136 East 36th Street, #8B
$1,188,000

Murray Hill | Cooperative | 4 Bedrooms, 2 Baths

136 East 36th Street, #8B (R New York)

From the Listing: Sun-drenched prewar 3-bedroom, (potentially 4-bedroom) 2-bathroom apartment has exactly what you desire including hardwood floors, prewar details, windows in every room, and much more. Currently configured as a 3 bedroom with an additional guest bedroom/office with an open concept offering a grand living room, a spacious dining room, large breakfast bar extending from the kitchen. Enjoy the view from every room with incredible Empire State Building and New York City views! See floor plan and full details here.

Would you like to tour any of these properties?

Just complete the info below.

Select which properties are of interest to you:

870 Fifth Avenue
10 Park Avenue
138 East 36th Street
Trump World Tower, 845 United Nations Plaza
1 Gracie Terrace
The Eldorado, 300 Central Park West
Central Park Tower, 217 West 57th Street
The Osborne, 205 West 57th Street
Chelsea Gardens, 255 West 23rd Street
1st & First, 62 East 1st Street
Zeckendorf Towers, 1 Irving Place
122 Palmetto Street
Jackson Foundry Lofts, 130 Jackson Street
Vestry Place Condominiums, 181 Hudson Street
303 East 33rd Street
244 East 30th Street
Gramercy Towers, 32 Gramercy Park South

Or call us at (212) 755-5544

-15.1% | -$196,000

Zeckendorf Towers, #V7K
$1,099,000

Flatiron/Union Square | Condominium | Studio, 1 Bath | 492 ft²

Zeckendorf Towers, #V7K (Brown Harris Stevens Residential Sales LLC)

From the Listing: Approximately 492 square feet plus a 200-square-foot private patio, this converted one-bedroom was completely redone in 2022 - new wide plank oak floors, kitchen with European glass cabinetry, high end appliances including Sub-Zero fridge and Miele dishwasher, quartz counters and mirrored backsplash, a new bath with marble and porcelain tiles, deep soaking tub and lots of storage. The private terrace has custom planters filled with privacy hedges - and abutting a huge landscaped garden. See floor plan and full details here.

-10.7% | -$155,000

Gramercy Towers, #15G
$1,295,000

Gramercy Park | Cooperative | 1 Bedroom, 1 Bath

Gramercy Towers, #15G (Kleier Residential Inc)

From the Listing: Sprawling high-floor one-bedroom has magnificent views facing east and north. The expansive entertaining space includes a luxurious 21-foot living room, a separate 13-foot dining area and a high-end kitchen with granite countertops, custom cabinetry and stainless-steel appliances. The oversized corner bedroom with two exposures has a wall of custom outfitted closets. Shareholders have the incredible opportunity to acquire a key to Gramercy Park. See floor plan and full details here.

-14.3% | -$250,000

1st & First, #2S
$1,500,000

East Village | Condominium | 1 Bedroom, 1 Bath | 1,027 ft²

1st & First, #2S (Serhant LLC)

From the Listing: Embrace the epitome of indoor-outdoor living in this sun-drenched one-bedroom with a home office, one-bathroom residence, featuring a sprawling 173-square-foot south-facing terrace and serene tree-lined vistas with unparalleled access to upscale dining, vibrant nightlife, and lush greenery. The home begins with an airy and expansive open living and dining room with beautiful bleached oak floors, 10-foot high-ceilings, custom built-in multi-zone Sonos speakers, and floor-to-ceiling windows. The chef's kitchen boasts an eat-in oversized quartize peninsula with matching countertops and backsplash, custom Pedini cabinetry, and high-end appliances. See floor plan and full details here.

-14.6% | -$285,000

The Osborne, #4AA
$1,665,000

Midtown West | Cooperative | Studio, 1 Bath | 1,000 ft²

The Osborne, #4AA (A & I Broadway Realty Inc)

From the Listing: One of the most unique floorplans with double exposure corner 8' windows open and sunny with views of Carnegie Hall and Seventh Avenue, well located within Billionaires' Row. The wow factor is apparent as soon as you walk into the foyer with a carved and hand-painted ceiling design which holds a crystal chandelier. The high ceilings are adorned with the original Tiffany glass transoms from 1885 lining both sides of the apartment. The decorative accouterments include fully paneled walls and coffered ceilings in mahogany, an electric Murphy bed encased in mahogany, Puccio onyx jade soaking tub, WC, and shower room. See floor plan and full details here.

-24% | -$600,000

Vestry Place Condominiums, #2A

Tribeca | Condominium | Studio, 1 Bath | 1,710 ft²

Vestry Place Condominiums, #2A (Compass)

From the Listing: This classic Tribeca loft space, currently a commercial condo, can be converted to residential use. A stunning 31 feet of oversized southern windows overlook a quiet, charming Tribeca cobblestone street. Vestry Place is a highly sought-after condominium, minutes away from Hudson River Park, the Google and Disney campuses, and some of the best restaurants, cafes, and shopping that you’ll find in New York City. Bring your contractor and your imagination! See full details here.

-12.5% | -$285,000

Jackson Foundry Lofts, #4G
$1,995,000

Williamsburg | Condominium | 2 Bedrooms, 2.5 Baths | 1,481 ft²

Jackson Foundry Lofts, #4G (R New York)

From the Listing: Residence #4G is a unique and stunning sun-drenched penthouse that ensures total privacy, and you’re immediately flooded with exceptional light at any time of the day. Never miss a single morning sunrise on your private east-facing terrace. The remarkable living space is over 26 feet wide and features Manhattan views from a total of 9 windows. The downstairs level features your special sleeping quarters. J-51 tax abatement is in place until 2025. See floor plan and full details here.

-2.7% | -$60,000

The Eldorado, #10L
$2,190,000

Central Park West | Cooperative | 2 Bedrooms, 2 Baths

The Eldorado, #10L (Corcoran Group)

From the Listing: Welcome to the iconic El Dorado co-operative on Central Park West! A key-locked elevator vestibule leads to an elegant gallery at the entrance to 10-L, which opens into a gracious living room with 9'6" ceilings and tall windows with views facing west, overlooking rooftops to the skyline beyond. Enjoy breathtaking sunsets in the adjoining dining area which boasts custom millwork and shares the living room's large west-facing windows. The two bedrooms are pin-drop quiet and evenly sized with large built-out closets. See floor plan and full details here.

-13.5% | -$404,500

1 Gracie Terrace, #PHA
$2,595,000

Yorkville | Cooperative | 3 Bedrooms, 3 Baths

1 Gracie Terrace, #PHA (Serhant LLC)

From the Listing: This graciously sized apartment offers a blend of elegance, comfort, and breathtaking views. Upon entering this meticulously crafted residence, an inviting ambiance is fostered by abundant natural light streaming through expansive windows. The spacious layout encompasses two bedrooms, a nursery, and three bathrooms, providing ample space for luxurious living and entertaining. The centerpiece of this home is undoubtedly its expansive wrap-around terrace, offering an idyllic setting for outdoor relaxation, al fresco dining, and enjoying the mesmerizing vistas of the surrounding skyline and waterways. See floor plan and full details here.

-9.9% | -$415,000

870 Fifth Avenue, #8A
$3,780,000

Park/Fifth Ave. to 79th St. | Cooperative | 3 Bedrooms, 3.5 Baths

870 Fifth Avenue, #8A (Corcoran Group)

From the Listing: With treetop Central Park and open city views and an unrivaled Fifth Avenue location, Apartment 8A at white-glove cooperative 870 Fifth Avenue is a turn-key, bright and elegant three-bedroom property, featuring a meticulous modern renovation with Mid-Century details. Filled with exquisite design features, the living and dining rooms are connected by a custom, Art Deco-inspired sycamore and mahogany-lined book gallery, creating a superb 57-foot space for entertaining that runs the entire length of the apartment from east to west. The generously sized primary bedroom, with soothing west-facing Central Park exposures, fits a king-sized bed with room enough for a seating area and built-in desk. See floor plan and full details here.

-22.2% | -$1,300,000

Trump World Tower, #58B
$4,550,000

Turtle Bay/United Nations | Condominium | 3 Bedrooms, 3.5 Baths | 2,857 ft²

Trump World Tower, #58B (Douglas Elliman Real Estate)

From the Listing: Breathtaking East River and city views abound from this spacious 3-bedroom, 3.5-bath residence on the 58th floor. Beautiful corner apartment receives excellent sunlight from its southern and eastern exposures. The layout features a elegant foyer, a spacious corner living room, a formal dining room, a lovely windowed eat-in kitchen with granite counters, a guest powder room, a primary bedroom with a luxurious marble bathroom, and two additional bedrooms, each with en suite marble bathrooms. The apartment has 10-foot ceilings, brand new floors and floor-ceiling tinted windows. See floor plan and full details here.

-11.5% | -$745,000

236 East 72nd Street, #TH
$5,750,000

Lenox Hill | Townhouse | 4 Bedrooms, 3.5 Baths

236 East 72nd Street, #TH (Douglas Elliman Real Estate)

From the Listing: 236 East 72nd Street is an elegant, single-family townhouse with a private parking garage, perfect for a car or extra storage. The front door opens to a foyer revealing the spectacular living room, with its soaring 20-foot ceilings and a wood-burning fireplace. Through the double-height, arched windows are views of the two-level, south-facing garden that offers a peaceful urban oasis. Overlooking the living room is the dramatic dining room with a built-in bar, beverage drawers, and it is open to the wonderful chef's kitchen. The sunny primary suite has a nook perfect for a desk and a private terrace. See floor plan and full details here.

-16.2% | -$1,255,000

Central Park Tower, #35F
$6,495,000

Midtown West | Condominium | 2 Bedrooms, 3 Baths | 2,114 ft²

Central Park Tower, #35F (Sothebys International Realty)

From the Listing: Spectacular two-bedroom corner unit on Billionaire’s Row! The residence faces south and west with floor-to-ceiling windows throughout, allowing for light throughout the day, spectacular sunset views, and sparkling city views in the evening. A formal entry foyer leads to a grand gallery hall. An expansive corner living room and formal dining room are luxurious in scale with 10’6” ceilings and spectacular views. The impressive state-of-the-art eat-in kitchen is adjacent to the Great Room. Split bedroom suites offer ultimate privacy and feature floor-to-ceiling windows and 10’6” ceiling volume. There is a storage bin available for an additional $85,000. See floor plan and full details here.

Would you like to tour any of these properties?

Just complete the info below.

Select which properties are of interest to you:

870 Fifth Avenue
10 Park Avenue
138 East 36th Street
Trump World Tower, 845 United Nations Plaza
1 Gracie Terrace
The Eldorado, 300 Central Park West
Central Park Tower, 217 West 57th Street
The Osborne, 205 West 57th Street
Chelsea Gardens, 255 West 23rd Street
1st & First, 62 East 1st Street
Zeckendorf Towers, 1 Irving Place
122 Palmetto Street
Jackson Foundry Lofts, 130 Jackson Street
Vestry Place Condominiums, 181 Hudson Street
303 East 33rd Street
244 East 30th Street
Gramercy Towers, 32 Gramercy Park South

Or call us at (212) 755-5544

Would you like to tour any of these properties?

In this article:

-13% | -$75,000

10 Park Avenue, #12F
$500,000

-16.4% | -$130,000

244 East 30th Street, #4B
$665,000

-16.6% | -$149,000

Chelsea Gardens, #2GE
$750,000

-10% | -$88,893

122 Palmetto Street, #4R
$799,995

-11% | -$120,000

303 East 33rd Street, #7E
$975,000

-18% | -$260,000

136 East 36th Street, #8B
$1,188,000

Select which properties are of interest to you:

-15.1% | -$196,000

Zeckendorf Towers, #V7K
$1,099,000

-10.7% | -$155,000

Gramercy Towers, #15G
$1,295,000

-14.3% | -$250,000

1st & First, #2S
$1,500,000

-14.6% | -$285,000

The Osborne, #4AA
$1,665,000

-24% | -$600,000

Vestry Place Condominiums, #2A

-12.5% | -$285,000

Jackson Foundry Lofts, #4G
$1,995,000

-2.7% | -$60,000

The Eldorado, #10L
$2,190,000

-13.5% | -$404,500

1 Gracie Terrace, #PHA
$2,595,000

-9.9% | -$415,000

870 Fifth Avenue, #8A
$3,780,000

-22.2% | -$1,300,000

Trump World Tower, #58B
$4,550,000

-11.5% | -$745,000

236 East 72nd Street, #TH
$5,750,000

-16.2% | -$1,255,000

Central Park Tower, #35F
$6,495,000

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In this article:

-13% | -$75,000 10 Park Avenue, #12F$500,000

-16.4% | -$130,000 244 East 30th Street, #4B$665,000

-16.6% | -$149,000 Chelsea Gardens, #2GE$750,000

-10% | -$88,893 122 Palmetto Street, #4R$799,995

-11% | -$120,000 303 East 33rd Street, #7E$975,000

-18% | -$260,000 136 East 36th Street, #8B$1,188,000

Select which properties are of interest to you:

-15.1% | -$196,000 Zeckendorf Towers, #V7K$1,099,000

-10.7% | -$155,000 Gramercy Towers, #15G$1,295,000

-14.3% | -$250,000 1st & First, #2S$1,500,000

-14.6% | -$285,000 The Osborne, #4AA$1,665,000

-24% | -$600,000 Vestry Place Condominiums, #2A

-12.5% | -$285,000 Jackson Foundry Lofts, #4G$1,995,000

-2.7% | -$60,000 The Eldorado, #10L$2,190,000

-13.5% | -$404,500 1 Gracie Terrace, #PHA$2,595,000

-9.9% | -$415,000 870 Fifth Avenue, #8A$3,780,000

-22.2% | -$1,300,000 Trump World Tower, #58B$4,550,000

-11.5% | -$745,000 236 East 72nd Street, #TH$5,750,000

-16.2% | -$1,255,000 Central Park Tower, #35F$6,495,000

Select which properties are of interest to you:

Listings in this article

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-13% | -$75,000

10 Park Avenue, #12F
$500,000

-16.4% | -$130,000

244 East 30th Street, #4B
$665,000

-16.6% | -$149,000

Chelsea Gardens, #2GE
$750,000

-10% | -$88,893

122 Palmetto Street, #4R
$799,995

-11% | -$120,000

303 East 33rd Street, #7E
$975,000

-18% | -$260,000

136 East 36th Street, #8B
$1,188,000

-15.1% | -$196,000

Zeckendorf Towers, #V7K
$1,099,000

-10.7% | -$155,000

Gramercy Towers, #15G
$1,295,000

-14.3% | -$250,000

1st & First, #2S
$1,500,000

-14.6% | -$285,000

The Osborne, #4AA
$1,665,000

-24% | -$600,000

Vestry Place Condominiums, #2A

-12.5% | -$285,000

Jackson Foundry Lofts, #4G
$1,995,000

-2.7% | -$60,000

The Eldorado, #10L
$2,190,000

-13.5% | -$404,500

1 Gracie Terrace, #PHA
$2,595,000

-9.9% | -$415,000

870 Fifth Avenue, #8A
$3,780,000

-22.2% | -$1,300,000

Trump World Tower, #58B
$4,550,000

-11.5% | -$745,000

236 East 72nd Street, #TH
$5,750,000

-16.2% | -$1,255,000

Central Park Tower, #35F
$6,495,000

Price Cuts: Former Kips Bay Decorator Showhouse down by $9.5M; Karim Rashid to take loss on Hell's Kitchen condo

Seven tips for getting past NYC's toughest co-op boards + Prewar gems with open houses