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Manhattan Sales:

  • For the week ending October 20, 2023, $575,557,898 worth of transactions across 306 condo, condop, and cooperative deals were recorded
  • 94 condo sales came to an aggregate price of $327,657,787
  • 17 condop sales came to an aggregate price of $22,452,087
  • 195 co-op sales came to an aggregate price of $218,779,548

220 Central Park South's record as home of the country's most expensive home still stands, and it racked up another superlative when a $75,000,000 sale was the highest of last week. The buyer was not identified, and the seller was listed as a trust linked to Hudson Valley Lighting Group founder David Littman. When Crain's New York Business announced the sale of the full-floor, 6,591-square-foot unit, it noted the seller's massive profit: The apartment last sold for $55.5 million in October 2019.

Not only was the apartment at 220 Central Park South the highest sale of the week by an extremely comfortable margin, but it was also one of the highest of the year. It comes a few months after an $80 million sale in the building several stories down.
Billionaires' Row skyline with 220 Central Park South center-right

220 Central Park Avenue is arguably the "tower of power" of the modern age, but the original has not been forgotten: The second-highest sale and top co-op sale took place at the Rosario Candela-designed 740 Park Avenue, where duplex #10/11C closed for $17,000,000. This represents a 28% reduction from when it entered contract in spring 2023, but the seller, listed as philanthropist Miranda Wong Tang, nevertheless makes a tidy profit, having paid over $7 million for it in 1995. Public records also list the buyer as O-Corp Investments founder and managing partner Michael Olshan; he joins the ranks of moguls past and present like Jacqueline Kennedy Onassis, Stephen Schwarzman, William Zeckendorf, and John Thain who have called the building home.
Additionally, the fifth-highest sale of the week was for a full-floor West Chelsea condo owned by basketball star Carmelo Anthony, which closed for $10,500,000. The apartment was initially listed for $12,850,000 in February 2020, around the time Anthony signed a contract with the Portland Trailblazers. The sale comes in months after his retirement following a successful NBA career and shortly after Architectural Digest ran a profile of his new Westchester mansion.

When the five-bedroom, four-bath home with private outdoor space and High Line views was relisted in July 2022, listing broker Aaron Seawood of Triplemint extolled the privacy, flexibility, and views (h/t 6sqft). Public records show that Anthony and ex-wife La La bought the apartment for $11 million in 2015.

508 West 24th Street
Living room with oversized windows 508 West 24th Street, #5N/S (DD Reps)
Open windowed kitchen
Private terrace with High Line views
From the Listing:
Nestled alongside the iconic High Line, this five-bedroom, four-bathroom full-floor showplace invites you to live your best New York City life with an expansive, flexible layout, premium designer finishes, private outdoor space and epic views that capture the energy and essence of the city. A private elevator with double-door access to the north and south wing of the home invites you inside this impeccable 4,556-square-foot sanctuary. Ten-foot-tall ceilings dotted with designer lighting soar over solid rift and quartered white oak floors, while wide art walls provide the ideal backdrop for your private collection. Whether your day includes comfortable relaxation or lavish entertaining, the spectacular southern wing obliges.

From the Listing:
Accessed via a semi-private landing this expansive 3,188-square-foot, four-bedroom, four and a half-bath condominium has a versatile layout and spectacular views of Central Park, Midtown and the Hudson River. The foyer leads to an impressive 19’8” x 33’3” corner living and dining area with 10’7” ceilings, French White Oak floors in a chevron pattern and soaring, floor-to-ceiling windows which frame cinematic views. Innovative sliding glass panels allow for the option to have either an open or closed kitchen. Located on the southwest corner of the unit, this spacious and airy dat-in kitchen is truly an extension of the home’s living area. The Calacatta marble center island provides seating for four and abundant work space and storage.
16 Available Listings for Sale from $16,000,000

From the Listing:
Located on a high floor in what is deemed Rosario Candela’s finest prewar cooperative, this gracious 14-room duplex at 740 Park Avenue has many of the unique details of New York City’s most iconic residential building. Enter residence 10/11C from its private elevator vestibule into the spacious 34’ gallery with 11’ 6" ceiling height, elegant marble floors and a sweeping semi-circular staircase. The 36’ x 20’ drawing room has a wall of four oversized windows providing natural light that fills the room throughout the day. The hardwood floors are wide-plank oak and a beautiful fireplace with marble mantel flanks the room.
4 Available Listings for Sale from $15,950,000

3 Available Listings for Sale from $13,650,000
1 Available Listing for Rent for $57,500/month

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