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The Rembrandt, #16ABC (Compass) The Rembrandt, #16ABC (Compass)
When getting ready to list an apartment or house, it’s not uncommon to embark on a series of large or small renovations to make it more appealing to buyers. There’s no question that certain renovations do add value to listings, and yet, these can only go so far. After all, even the most thoughtful gut renovation with the most beautiful finishes cannot compensate for such factors as strict co-op boards, less trendy addresses, or sticker prices that might have been overly ambitious for the current market.

From December 6-12, 2023, a total of 175 sales listings throughout New York City experienced price reductions. A full chart of last week's price cuts may be seen below or viewed in a separate window here, and we present a selection of notable listings, some of which recently underwent renovations. Please be advised that all quoted figures reflect cumulative price cuts as opposed to the most recent reductions.

In this article:

The Rembrandt, 31 Jane Street
The Rembrandt, 31 Jane Street West Village
830 Park Avenue
830 Park Avenue Park/Fifth Ave. to 79th St.
56 Pine Street
56 Pine Street Financial District
88 Morningside Avenue
88 Morningside Avenue Harlem
Tudor Tower, 25 Tudor City Place
Tudor Tower, 25 Tudor City Place Turtle Bay/United Nations

Living room with oversized window The Empire, #19B (Douglas Elliman)
Windowed kitchen with breakfast nook
Manhattan skyline views
From the Listing: A standout by any definition, 19B features some fifteen oversized windows, three balconies, soaring 9’6 high ceilings, NSEW open city views, high end custom built-ins throughout, a kitchen with creatively designed cabinetry and pantries, electric towel warmers in bathrooms, multi-zone central air, herringbone maple flooring, and beautiful moldings, finishes and abundant marbles throughout that lend themselves to any decor. See floor plan and full details here.

Living room with open kitchen and terrace access The Rembrandt, #16ABC (Compass)
Open kitchen and dining area
Private terrace with Lower Manhattan views
From the Listing: Opportunity to combine apartments 16BC and 16A. The board would consider selling a small portion of the common hallway in order to have a new entryway as shown in the proposed floor plans. This would allow for a seamless combination of the two apartments creating a large 3-bedroom, 3-bathroom home with separate media room and 3 terraces. Both 16BC and 16A are designed by Lynn Gernert Architects with interiors by Erik R. Smith. See floor plan and full details here.

Corner living room with terrace access The Chelsea Enclave, #PHA (Compass)
Foyer with staircase connecting both levels
Private terrace with Hudson Yards views
From the Listing: Spanning 3,452 square feet across two levels with an incredible 2,640 square feet of private outdoor space, this once-in-a-generation 4 bedroom, 3.5 bathroom home beautifully blends the luxury of penthouse living with a sense of serene privacy. The thoughtfully designed floor plan and intelligent use of space create an effortless flow throughout. Natural light floods the penthouse from every angle – courtesy of floor to ceiling windows lining all three exposures – creating an inviting and airy atmosphere. See floor plan and full details here.

Living/dining room with fireplace The Bradhurst, #4M (Compass)
Foyer
Open kitchen with center island
From the Listing: This newly painted 3-bed and 1.5-bath duplex has recently gone under important renovation. It boasts a gorgeous new chef’s kitchen with new stainless-steel appliances, new recessed and pendant lightings, new hardwood and tile floors, new staircase, and two renovated bathrooms. See floor plan and full details here.

Studio with living/dining/sleeping area The Heritage, #14P (Relo Redac Inc.)
From the Listing: Residence #14P is a beautiful alcove studio with in-unit washer/dryer in the luxurious Heritage Condominium looking over Riverside Park. The lavish and state-of-the art health club and spa has a fully equipped fitness center with a lap pool and dipping pool with sauna, steam massage treatment and private training rooms. Other features include bike room, children’s room, live-in super, media room, and package room. See floor plan and full details here.

Living/dining room Clinton Hill Coops, #1A (Compass)
Windowed kitchen
From the Listing: This cozy and inviting one-bedroom co-op at 355 Clinton Avenue offers a perfect blend of comfort, convenience, and character. The open-concept living area seamlessly connects the living room and dining space, making it perfect for entertaining guests or simply unwinding after a long day. The efficiently designed kitchen boasts modern appliances, sleek cabinetry, and ample counter space for preparing delicious meals. See floor plan and full details here.

Corner living room 88 Morningside Avenue, #4C (Compass)
Open windowed kitchen
From the Listing: Step into a spacious, open-concept living area flooded with natural light from large floor-to-ceiling windows. The expansive layout seamlessly combines the living, dining, and kitchen spaces, creating an inviting atmosphere for entertaining guests or enjoying a quiet evening at home. The modern kitchen is equipped with top-of-the-line stainless steel appliances, sleek countertops, and ample cabinet space, perfect for the home chef and culinary enthusiast. See floor plan and full details here.

Living room with fireplace 860 Fifth Avenue, #4C (Coldwell Banker Warburg)
Windowed kitchen
Private terrace overlooking Central Park
From the Listing: Enjoy Central Park views from this elegant six-room apartment perfectly situated on Fifth Avenue and 68th street. The large foyer leads to the living room with splendid views of the park and to the formal dining room, providing gracious entertaining spaces. The balcony offers a comfortable outdoor seating area with views of the park and the iconic Midtown skyline. See floor plan and full details here.

Living room with skyline views 15 Hudson Yards, #34A (The Corcoran Group)
Open kitchen with center island
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Hudson River and Lower Manhattan skyline views
From the Listing: Sunny and spacious 2-bed/2.5-bath boasts floor-to-ceiling windows and the most magnificent city and river views. The great room features an open kitchen with a marble island, custom oak wood cabinetry and Miele appliances. The primary suite includes generous closet space and a luxurious marble bathroom with radiant heat floors. The second bedroom offers city views, good closet space and en-suite bath with marble-top vanities. See floor plan and full details here.

Living room with floor-to-ceiling window Citizen, #10A (Compass)
Semi-open kitchen
From the Listing: Residence #10A's large living/dining room is flooded with light from a wall of floor-to-ceiling doors that open to a Juliet balcony, creating a welcome space to relax or entertain. A deluxe semi-open galley-style kitchens designed by Snaidero is equipped with chic lacquered cabinetry, Venetino marble countertops and backsplashes, and a suite of high-end stainless-steel appliances from Miele. See floor plan and full details here.

Living room with beamed ceiling and treetop views Tudor Tower, #419 (The Corcoran Group)
Interiors with open kitchen
Corner bedroom with beamed ceiling
From the Listing: Beautiful renovated / upgraded one-bedroom in a sought-after neighborhood! A wall of windows in both the living room and the bedroom assures the light flooding. The kitchen has stainless steel appliances, as well as a beautiful and functional island. The king/queen size bedroom also faces the garden. Upgraded bathroom, beautifully finished floors, high ceilings and casements windows - an amazing mixture of old beauty and modern style. See floor plan and full details here.

Brooklyn Heights townhouse 67 Remsen Street, #TH (Leslie J. Garfield)
Living room with bay window
Foyer with staircase
Kitchen with center island
Private garden
From the Listing: Set on a tranquil, townhouse block in the heart of Brooklyn Heights, 67 Remsen Street is a stunning, mint-condition home. This luxurious home was completely gut renovated and designed by renowned architects ROART. Features include a continuous brownstone facade, sunken mansion entry, Tri-Lox white oak wide plank flooring throughout, and a commercial-grade elevator servicing all floors from the basement to the roof. This home consists of 4 to 5 bedrooms, five full bathrooms, and two powder rooms. See floor plan and full details here.

Living room with oversized window Castle Village, #10 (Avenue 8 Inc.)
Windowed kitchen
From the Listing: This professional space, designated for medical use, can be easily converted to a spacious 2-bedroom/1-bath unit. The co-op provides an array of top-notch amenities for residents to enjoy, including a part-time doorman, 24-hour security, a dedicated resident superintendent, an on-site garage, and a fully equipped gym boasting breathtaking views of the Hudson River. See floor plan and full details here.

Living/dining room The Beekman Regent, #LOFT5C (Douglas Elliman)
Open kitchen
From the Listing: Beautiful towering windows generously positioned throughout the apartment allow an enormous amount of light to flood the entire space in every room. Brand-new mahogany floors and exquisite crown molding create a modern elegance throughout the entire space. Just beyond the gallery is the gigantic open-concept living room, dining room and spacious kitchen, perfect for entertaining. See floor plan and full details here.

Living room with fireplace Southgate, #6E (Douglas Elliman)
Windowed kitchen
From the Listing: Completely renovated just completed mint condition convertible 2-bedroom, home office or dining alcove. This apartment has been designed to perfection. The kitchen has a Wolf range, Sub-Zero refrigerator, Carrera marble countertop, and dishwasher. There is a full-size vented washer / dryer also! The convertible office/nursery has a window and a closet. The oversized living room has south exposures, a gracious foyer and a wood-burning fireplace. See floor plan and full details here.

Living room with blue accent wall 56 Pine Street, #15F (Weichert Properties)
Open kitchen with stainless steel appliances
Bedroom with glass wall
From the Listing: Enjoy only one of five apartments at 56 Pine with open views facing west, flooding the apartment with light! With a total of 8 floor-to-ceiling windows, you’ll have ample natural light to brighten your home. The entryway offers a large double closet and pantry closet which flows into a spacious living room that boasts three windows and an open-layout kitchen featuring stainless steel appliances including a dishwasher and microwave. See floor plan and full details here.

Living room with beamed ceiling 639 West End Avenue, #1D (Blu Realty Group)
Windowed kitchen
From the Listing: The pre-war charm is everywhere from the large foyer to the high beam ceilings and beautiful moldings. The floor plan has been maximized at every turn, with beautifully refinished original hardwood floors and fresh paint throughout. The spacious living room is perfect for entertaining guests or relaxing with family. Bring your contractor! See floor plan and full details here.

Living room with coffered ceiling 830 Park Avenue, #MAISONETTEA (Brown Harris Stevens)
Private entrance
Windowed kitchen
From the Listing: Maisonette A at 830 Park Avenue, on the southwest corner of 76th and Park Avenue is accessed through a private entry. Spanning six years encompassing thoughtful planning, approvals and a meticulous, down to the studs, renovation; every single element of this dazzling home was designed, conceived, and constructed to the highest degree of quality of materials and installation, as designed by acclaimed architect and designer Heather Faulding of 4+ Architecture & Design. See floor plan and full details here.

Would you like to tour any of these properties?
Just complete the info below.
  1. Select which properties are of interest to you:

Or call us at (212) 755-5544
Would you like to tour any of these properties?