Billionaires Row condos put on an impressive showing last week
From August 22-28, 2021, a total of 314 condo, co-op, and condop sales were recorded in Manhattan at an aggregate price of $652,080,368. The 137 condo sales closed at a median price of $1.55 million, or $1,488 per square foot. The 169 co-op sales came to a median price of $845K. It appears that buyers who were able to withstand the economic impact of the pandemic are able to take advantage of markedly discounted units when compared to pre-pandemic prices.
The past week was a strong one for New York City condos. A high-floor home at 220 Central Park South, home to the country's most expensive home sale, closed for $40,097,000. A few doors down, Central Park Tower had the second-highest sale for $23,481,500, down 9.3 percent from its last listing price of $25.9 million. The trend was not limited to glittering new Billionaires' Row condos; condo conversions of industrial Downtown buildings also recorded impressive sales.
But for all the new condo sales, the landmarked co-ops on Central Park West have not been forgotten. A duplex in The Beresford once owned by a notable Broadway couple, lyricist Adolph Green and actress Phyllis Newman, closed for $17.2 million. This is down from the asking price of $19.5 million when it entered contract in April 2021.
The past week was a strong one for New York City condos. A high-floor home at 220 Central Park South, home to the country's most expensive home sale, closed for $40,097,000. A few doors down, Central Park Tower had the second-highest sale for $23,481,500, down 9.3 percent from its last listing price of $25.9 million. The trend was not limited to glittering new Billionaires' Row condos; condo conversions of industrial Downtown buildings also recorded impressive sales.
But for all the new condo sales, the landmarked co-ops on Central Park West have not been forgotten. A duplex in The Beresford once owned by a notable Broadway couple, lyricist Adolph Green and actress Phyllis Newman, closed for $17.2 million. This is down from the asking price of $19.5 million when it entered contract in April 2021.
30 Grove Street via Reserve Partners
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The summer slump continues on the luxury contract side as well, with 27 units priced $4 million and up entering contract from August 23-29, 2021. The asking price sales volume came to a total of $234,159,999.
While these numbers are dramatically down from previous weeks, Olshan Realty's market report noted one bright spot: In the biggest week for townhouses since they started keeping records, nine townhouse contracts were signed. These include three of the top five contracts of the past week, including the top two. With an asking price of $28 million, 30 Grove Street is the highest contract of the week as well as one of the most expensive houses ever to sell in the West Village. It was purchased for $8.25 million in 2011 and impeccably renovated by AD100 designers Marietta and Brooke Gomez. The house was built in 1915 and now features a rooftop greenhouse, landscaped garden, wine cellar, and home gym.
Elsewhere in the West Village, 79 Horatio Street came in slightly behind with an asking price of $26.4 million. The townhouse dates back to 1901; since then, it was completely rebuilt in 2014 and then purchased for $21 million, and the most recent owner has also renovated it.
While these numbers are dramatically down from previous weeks, Olshan Realty's market report noted one bright spot: In the biggest week for townhouses since they started keeping records, nine townhouse contracts were signed. These include three of the top five contracts of the past week, including the top two. With an asking price of $28 million, 30 Grove Street is the highest contract of the week as well as one of the most expensive houses ever to sell in the West Village. It was purchased for $8.25 million in 2011 and impeccably renovated by AD100 designers Marietta and Brooke Gomez. The house was built in 1915 and now features a rooftop greenhouse, landscaped garden, wine cellar, and home gym.
Elsewhere in the West Village, 79 Horatio Street came in slightly behind with an asking price of $26.4 million. The townhouse dates back to 1901; since then, it was completely rebuilt in 2014 and then purchased for $21 million, and the most recent owner has also renovated it.
"The Covid virus and its variants are driving the townhouse market: Buyers are opting for a bubble to avoid high-rise buildings with elevators, while securing large spaces for home offices, a private gym, gardens, and terraces." - Olshan Realty market report
Indeed, even the top apartment contracts speak to buyers' desires for more space: The highest apartment contract of the past week was for a full-floor, 11-room residence at 1020 Fifth Avenue asking $15.5 million. The buyer has not been identified, but the building's notable residents have included Pamela Harriman and Dr. Mona Ackerman.
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220 Central Park South via Vornado Realty Trust
All images of Central Park Tower via Extell
From the listing:
Forever views of Central Park are yours in this exquisite half-floor condominium residence at Central Park Tower.
This expansive four-bedroom, four-and-one-half-bathroom residence features north, south, and east exposures with limitless views of Central Park, the Manhattan skyline, and beyond from an elevation of nearly 800 feet. Over 11 high, floor-to-ceiling windows provide for an abundance of light throughout. Upon entry, the foyer leads to the Great Room, featuring unimaginable views to the north of Central Park and east of the city skyline. An oversized, gourmet eat-in-kitchen boasts corner views through floor-to-ceiling windows, custom cabinetry by Smallbone of Devizes, and premium Miele appliances. Wake up each morning to picturesque sunrises and unwind to the peaceful Park views in this residence.
Forever views of Central Park are yours in this exquisite half-floor condominium residence at Central Park Tower.
This expansive four-bedroom, four-and-one-half-bathroom residence features north, south, and east exposures with limitless views of Central Park, the Manhattan skyline, and beyond from an elevation of nearly 800 feet. Over 11 high, floor-to-ceiling windows provide for an abundance of light throughout. Upon entry, the foyer leads to the Great Room, featuring unimaginable views to the north of Central Park and east of the city skyline. An oversized, gourmet eat-in-kitchen boasts corner views through floor-to-ceiling windows, custom cabinetry by Smallbone of Devizes, and premium Miele appliances. Wake up each morning to picturesque sunrises and unwind to the peaceful Park views in this residence.
All images of The Beresford via Brown Harris Stevens
From the listing:
Perhaps only once in a lifetime is a home as magical as this available. An apartment that truly has it all; four major rooms with sweeping Central Park and Manhattan skyline views, a 600-square-foot terrace off the living room and library, light in all directions, a naturally occurring duplex with majestic prewar details, and one of the most prized addresses in Manhattan. Apartment 19E has not been available for 60 years - who knows when it will be again!
Off a semi private landing, the public rooms radiate off a grand foyer with a beautiful original staircase. The oversized living room has two exposures including direct Central Park views, access to the terrace, and a wood burning fireplace. The adjacent library also enjoys perfect Park views, terrace access and has a full bathroom that also functions as a powder room.
Perhaps only once in a lifetime is a home as magical as this available. An apartment that truly has it all; four major rooms with sweeping Central Park and Manhattan skyline views, a 600-square-foot terrace off the living room and library, light in all directions, a naturally occurring duplex with majestic prewar details, and one of the most prized addresses in Manhattan. Apartment 19E has not been available for 60 years - who knows when it will be again!
Off a semi private landing, the public rooms radiate off a grand foyer with a beautiful original staircase. The oversized living room has two exposures including direct Central Park views, access to the terrace, and a wood burning fireplace. The adjacent library also enjoys perfect Park views, terrace access and has a full bathroom that also functions as a powder room.
7 Available Listings for Sale from $3M
All images of 90 Morton Street via Reuveni Real Estate
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From the listing:
This stunning PH home is the first resale offering at 90 Morton Street, The West Village’s highly acclaimed boutique condo conversion. This never lived in, meticulous Penthouse home is custom designed thoroughly, above and beyond the base building standards, carefully designed with utmost attention to detail, by AD100 designers Leroy Street Studio. This beautiful home was designed with art lovers and collectors in mind, incorporating centrally controlled ambient and art lighting, designed by award winning lighting designer, Arnold Chan of Isometrix.
PH10A measures 3,678 square feet with a 610-square-foot landscaped private terrace, designed by AD100 landscape architect, Hollander Design. The terrace has north, east, and west exposures, with direct Hudson River, as well as Manhattan skyline views. There are convenient gas, water and electricity connections.
This stunning PH home is the first resale offering at 90 Morton Street, The West Village’s highly acclaimed boutique condo conversion. This never lived in, meticulous Penthouse home is custom designed thoroughly, above and beyond the base building standards, carefully designed with utmost attention to detail, by AD100 designers Leroy Street Studio. This beautiful home was designed with art lovers and collectors in mind, incorporating centrally controlled ambient and art lighting, designed by award winning lighting designer, Arnold Chan of Isometrix.
PH10A measures 3,678 square feet with a 610-square-foot landscaped private terrace, designed by AD100 landscape architect, Hollander Design. The terrace has north, east, and west exposures, with direct Hudson River, as well as Manhattan skyline views. There are convenient gas, water and electricity connections.
All images of 140 Franklin Street via Lets Reimagine Real Estate
From the listing:
With 19th century architectural history and generous proportions, this 4-5-bedroom lofted duplex penthouse designed by renowned architect, Winka Dubbeldam, in the heart of one of Tribeca’s most coveted doorman condo buildings welcomes you home. Experience privacy and luxury with only 11 other residences, and stunning designer details in this beautifully renovated home with a sprawling layout of over 5,000 square feet of interior, and 2,200 square feet of exceptionally landscaped terrace.
In the grand double-height great room defined by light, scale, volume, and proportion, you will find original cast-iron columns, a gracious 25-foot-long skylight illuminating the space throughout, a wood-burning fireplace, wide plank Brazilian wood flooring, and oversized south-facing windows. The apartment’s endless wall space creates the ideal backdrop for your enviable art collection, while multiple seating areas offer a sense of intimacy without compromising the openness and integrity of the loft. The entire apartment is outfitted with a high-end security system, Nest thermostats, Lutron lighting, and Sonos sound system. Rest comfortably knowing there is complete sound isolation between you and your neighbors.
With 19th century architectural history and generous proportions, this 4-5-bedroom lofted duplex penthouse designed by renowned architect, Winka Dubbeldam, in the heart of one of Tribeca’s most coveted doorman condo buildings welcomes you home. Experience privacy and luxury with only 11 other residences, and stunning designer details in this beautifully renovated home with a sprawling layout of over 5,000 square feet of interior, and 2,200 square feet of exceptionally landscaped terrace.
In the grand double-height great room defined by light, scale, volume, and proportion, you will find original cast-iron columns, a gracious 25-foot-long skylight illuminating the space throughout, a wood-burning fireplace, wide plank Brazilian wood flooring, and oversized south-facing windows. The apartment’s endless wall space creates the ideal backdrop for your enviable art collection, while multiple seating areas offer a sense of intimacy without compromising the openness and integrity of the loft. The entire apartment is outfitted with a high-end security system, Nest thermostats, Lutron lighting, and Sonos sound system. Rest comfortably knowing there is complete sound isolation between you and your neighbors.
1 Available Listing for Sale for $14M
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All images of 30 Grove Street via Reserve Partners
From the listing:
Brand new, masterfully crafted West Village mansion on one of the city's finest tree-lined blocks. Spearheaded by prized AD100 designers, Marietta and Brooke Gomez, every inch of this townhouse has been painstakingly constructed and curated by a renowned team of professionals, working to the most exacting standards of quality and design. In addition to its countless amenities, the home features a state-of-the-art rooftop greenhouse designed by Hartley Botanic of London, believed to be the only of its kind Downtown. Delivered fully furnished, this is truly one of the finest houses to have ever been offered in the Village.
Brand new, masterfully crafted West Village mansion on one of the city's finest tree-lined blocks. Spearheaded by prized AD100 designers, Marietta and Brooke Gomez, every inch of this townhouse has been painstakingly constructed and curated by a renowned team of professionals, working to the most exacting standards of quality and design. In addition to its countless amenities, the home features a state-of-the-art rooftop greenhouse designed by Hartley Botanic of London, believed to be the only of its kind Downtown. Delivered fully furnished, this is truly one of the finest houses to have ever been offered in the Village.
All images of 79 Horatio Street via Sotheby's International Realty
From the listing:
New and rare, 25-foot wide landmarked West Village townhouse built in 1901, completely rebuilt in 2014 and recently renovated by current owner. Six meticulous floors including a fully built out lower level, this gorgeous single-family home offers approximately 7,900 square feet of living space and approximately 2,000 square feet of private outdoor space. This elegant home features 5 bedrooms, all with en-suite bathrooms, plus maid's room with full bath and 3 additional half baths. The elegant parlor floor with 9'5” ceilings commences with proper foyer/landing and adjacent bookcase lined dining area with butler's pantry off secret elevator landing.
Moving forward past powder room and sweeping staircase to large square living room with floor-to-ceiling glass doors opening onto Juliette balcony overlooking landscaped private garden. A large gas fireplace completes this perfectly proportioned room. The garden level, with its own entrance, has the dream eat-in-kitchen with custom built-ins, chef appliances and wall-to-wall accordion doors into lush garden and enjoy the indoor/ outdoor lifestyle with irrigation, lighting, cooking and sound system. Even watch the tilting oversized TV from the leafy comfortable outdoor seating area.
New and rare, 25-foot wide landmarked West Village townhouse built in 1901, completely rebuilt in 2014 and recently renovated by current owner. Six meticulous floors including a fully built out lower level, this gorgeous single-family home offers approximately 7,900 square feet of living space and approximately 2,000 square feet of private outdoor space. This elegant home features 5 bedrooms, all with en-suite bathrooms, plus maid's room with full bath and 3 additional half baths. The elegant parlor floor with 9'5” ceilings commences with proper foyer/landing and adjacent bookcase lined dining area with butler's pantry off secret elevator landing.
Moving forward past powder room and sweeping staircase to large square living room with floor-to-ceiling glass doors opening onto Juliette balcony overlooking landscaped private garden. A large gas fireplace completes this perfectly proportioned room. The garden level, with its own entrance, has the dream eat-in-kitchen with custom built-ins, chef appliances and wall-to-wall accordion doors into lush garden and enjoy the indoor/ outdoor lifestyle with irrigation, lighting, cooking and sound system. Even watch the tilting oversized TV from the leafy comfortable outdoor seating area.
All images of 1020 Fifth Avenue via Sotheby's International Realty
From the listing:
This marvelous and grand simplex, is superbly located in the heart of the Upper East Side, in one of New York's most prestigious white-glove cooperatives. The 12 into 11 room residence is graced with views of the gorgeous limestone Metropolitan Museum facade, and the leafy and verdant Koch Plaza tree arbor. Three of the principal rooms front directly on the Avenue.
Thus allowing the divine corner library, as well as the study, and a tremendous living room that is distinguished by absolutely gorgeous period mahogany paneling, to take full advantage of this delightful vista. The public rooms also include a lovely and large square dining room as well as an impressively scaled gallery, a private entry foyer and two wood burning fireplaces. Similarly, the four pretty bedrooms have pleasant and sunny outlooks onto the tree-lined environs of 83rd Street.
This marvelous and grand simplex, is superbly located in the heart of the Upper East Side, in one of New York's most prestigious white-glove cooperatives. The 12 into 11 room residence is graced with views of the gorgeous limestone Metropolitan Museum facade, and the leafy and verdant Koch Plaza tree arbor. Three of the principal rooms front directly on the Avenue.
Thus allowing the divine corner library, as well as the study, and a tremendous living room that is distinguished by absolutely gorgeous period mahogany paneling, to take full advantage of this delightful vista. The public rooms also include a lovely and large square dining room as well as an impressively scaled gallery, a private entry foyer and two wood burning fireplaces. Similarly, the four pretty bedrooms have pleasant and sunny outlooks onto the tree-lined environs of 83rd Street.
1 Available Listing for Sale for $14M
All images of The Apthorp via Corcoran
From the listing:
As you walk through the exquisite filigree gates and imposing archway of the fabled Apthorp, the beauty of the planted courtyard unfolds before you, and you know you are entering a world of untold elegance and splendor. This phenomenally restored and renovated 5,200+ square-foot apartment envelops you in that world. Its gorgeous entry gallery with original mosaic floor beckons you to meander through the inviting public rooms, serene in nature and offering palatial proportions. The scale is grand, the craftsmanship dazzling and it is all combined with a contemporary flair.
Designed for entertaining on a major scale, the massive living room and adjacent dining room have an old-world European charm while creating an intimate and comfortable ambiance. Intricate plasterwork on the ceilings has been lovingly restored and other rich period details include deep moldings, prized herringbone floors, and multiple decorative fireplaces. A wet bar tucked into the corner of the dining room allows for gracious, unobtrusive entertaining.
As you walk through the exquisite filigree gates and imposing archway of the fabled Apthorp, the beauty of the planted courtyard unfolds before you, and you know you are entering a world of untold elegance and splendor. This phenomenally restored and renovated 5,200+ square-foot apartment envelops you in that world. Its gorgeous entry gallery with original mosaic floor beckons you to meander through the inviting public rooms, serene in nature and offering palatial proportions. The scale is grand, the craftsmanship dazzling and it is all combined with a contemporary flair.
Designed for entertaining on a major scale, the massive living room and adjacent dining room have an old-world European charm while creating an intimate and comfortable ambiance. Intricate plasterwork on the ceilings has been lovingly restored and other rich period details include deep moldings, prized herringbone floors, and multiple decorative fireplaces. A wet bar tucked into the corner of the dining room allows for gracious, unobtrusive entertaining.
All images of 28 West 76th Street via Sotheby's International Realty
From the listing:
Situated on a beautiful tree-lined block just off of Central Park, this absolutely stunning single-family brownstone offers five stories of an exquisite renovation, state-of-the-art systems, a magnificent landscaped garden and three additional terraces. This designer house features nine bedrooms with outstanding natural light and a rear glass façade. Enter up the front stoop to the dramatic parlor floor with 12 foot ceilings and an open contemporary plan rarely seen in brownstones with dining room, kitchen, and living room overlooking the garden below.
This uncomplicated flow is ideally suited for entertaining and designed to maximize interaction of family and friends for cooking, dining and congregating in an incredibly gorgeous and convivial environment. Finishes such as Carrara slab marble, six-inch bleached white oak floors and teak were selected to create an atmosphere of style, luxury, function and comfort. As a bonus offering, there is a tastefully renovated two bedroom garden apartment with separate access, ideal for guests, staff, home office or income production.
Situated on a beautiful tree-lined block just off of Central Park, this absolutely stunning single-family brownstone offers five stories of an exquisite renovation, state-of-the-art systems, a magnificent landscaped garden and three additional terraces. This designer house features nine bedrooms with outstanding natural light and a rear glass façade. Enter up the front stoop to the dramatic parlor floor with 12 foot ceilings and an open contemporary plan rarely seen in brownstones with dining room, kitchen, and living room overlooking the garden below.
This uncomplicated flow is ideally suited for entertaining and designed to maximize interaction of family and friends for cooking, dining and congregating in an incredibly gorgeous and convivial environment. Finishes such as Carrara slab marble, six-inch bleached white oak floors and teak were selected to create an atmosphere of style, luxury, function and comfort. As a bonus offering, there is a tastefully renovated two bedroom garden apartment with separate access, ideal for guests, staff, home office or income production.
Would you like to tour any of these properties?
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