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The Hubert #PHC via Corcoran The Hubert #PHC via Corcoran
From May 16-22, there were a total of 304 apartment sales recorded in Manhattan with an aggregate price of $507,000,000 and a median price of $927K. The 133 condo sales came to a median price of $1.44 million, or $1,395 per square foot. The 165 co-op sales came to a median price of $725K.

The top sale of the week was the Tribeca penthouse of Courtney Ross, philanthropist and founder of The Ross School in East Hampton. The sale closed about two months after it entered contract; while the sales price of $15 million sold at a 19 percent discount from its original asking price of $18.5 million, it was nevertheless high enough for Ms. Ross to make a profit on it - she paid $11.5 million for it in 2010.
515-West-29th-Street-01 515 High Line
Ms. Ross' penthouse wasn't the only one that had a significant price haircut from when it was originally listed. The penthouse at 515 High Line, a new condominium along the High Line and close to Hudson Yards, was originally listed for $8.5 million. It recently closed for $6,571,775, or 23 percent less than the asking price.
From May 17-23, 2021, a total of 37 luxury contracts priced $4 million and up were signed in Manhattan. This is the same number as the previous week, and extends the streak of 30 or more luxury contracts to 16 weeks in a row. The total weekly asking price sales volume came to $282,785,000.

Olshan Realty's market report observed that as a result of the coronavirus pandemic, larger apartments are proving popular so as to accommodate working and studying from home. To drive the point home, a six-bedroom, 5,794-square-foot condo at 67 Vestry Street, an artists' haunt turned luxury condominium, had the top contract with an asking price of $23.875 million. It is one of the most expensive condos to sell in Tribeca this year, and the buyers were identified only as a family living a few blocks away.

Further uptown, the landmarked prewar cooperative at 1158 Fifth Avenue saw two of the top five contracts, with #PHA $12.5 million and #14AB both asking $12.5 million. Given the positioning of these two apartments in the building, might a massive combination unit be in the works?
536-West-29th-Street-01 536 West 29th Street via Corcoran
But for some, even the largest apartment isn't enough. Another notable contract was for 536 West 29th Street, a building located a stone's throw from Hudson Yards and asking $13.5 million. The building has a rich history, having been built in 1904 for theater set designer John H. Young, who worked with luminaries like David Belasco and Florenz Ziegfeld. It is currently configured as a live-work space, but significant FAR is available; the buyer and their plans are not yet known.

Top Sales
7-Hubert-Street-01 The Hubert via BKSK Architects
7-Hubert-Street-02 All interior images of The Hubert via Corcoran
From the listing:
Enjoy luxury downtown Tribeca living in this magnificent full-floor approx. 4,200-square-foot penthouse at the Hubert Condominium. Stunning 360-degree city and Hudson River views from the apartment's floor-to-ceiling casement windows and gorgeously planted wrap-around terrace create a never-ending panorama from sunrise to sunset. A wide entrance gallery leads into the 36' long Great Room with wood-burning fireplace - the perfect setting for gracious and elegant entertaining. At the east end of this dramatic room is a sun-filled, corner library with pocket doors and a gas fireplace. Overlooking the Hudson River is a state-of-the-art chef's kitchen with pantry and breakfast room. Adjacent is a formal dining room. The south-facing wing of the apartment feature an enormous primary bedroom suite complete with a dressing room, two walk-in closets and a luxurious bath featuring a sunken stone tub, stone basin, radiant heated floors and steam shower. A unique feature of the suite is a double-sided gas fireplace between the bedroom and bath. An adjacent sitting room with gas fireplace and en-suite bath could easily be converted back into a second bedroom. The apartment features numerous wall alcoves and built-ins allowing for the effortless display of art, a Crestron system to control the lights, shades and music throughout the entire home, and a 3 zone C/A/C with humidification system.
1 Available Listing for $11.5M

60-Riverside-Boulevard-01 All images of The Aldyn via Nest Seekers
From the listing:
A palatial gut-renovated duplex mansion boasting direct Hudson River views and one of the largest private outdoor pools in New York City! This one-of-a-kind 6-bedroom, 7.5-bathroom home is a true trophy home.

The crown jewel of this home (aside from the 20 foot ceilings and exquisite interior finishes) is the 3,852-square-foot terrace overlooking the water with a private 37-foot swimming pool. Imagine the sunsets you'll experience from the water!

Features of this 5,847-square-foot apartment include stunning Castillian oak floors, floor-to-ceiling windows with southern, western, and eastern exposure, a great room with soaring double-height 20-ft ceilings, custom wallpaper, Hunter Douglas motorized shades, a state-of-the-art Crestron home automation system, in-home Electrolux IQ washers/dryers, a custom made 420-bottle glass-enclosed wine cabinet, and custom Spanish Cedar cigar storage.
6 Available Listings from $1.45M

1120-Park-Avenue-01 All images of 1120 Park Avenue via Sotheby's International Realty
From the listing:
This distinguished and masterfully renovated five-bedroom, five bath (plus powder room) duplex residence showcases commanding views of Central Park, the East River, the George Washington Bridge, or downtown Manhattan from every window. The six private landscaped terraces offer the pinnacle in luxury indoor/outdoor living.

Enter this exquisite home on either the 20th or 21st floor via two private elevator landings. With ceiling heights at approximately 9’5 feet, the entertaining/public spaces, located on the bottom floor feature a long gracious gallery leading to an elegant living room with a wood burning fireplace. This grand living room, perfect for entertaining, boasts views of the Central Park Reservoir and the spires of the El Dorado from the picture window on one end, to views up and down Park Avenue and across to the East River from the terrace. The elegant dining room is large enough for a table of 12 with an additional seating area overlooking a private terrace with endless views facing north, south and east.
2 Available Listings from $5M

217-West-57th-Street-01 Central Park Tower via Extell
7 Available Listings from $6.9M

27-North-Moore-Street-01 All images of The Ice House via Compass
From the listing:
A premier architect designed this approximately 4000-square-foot full floor home with incredible scale and volume. It has soaring 11'4 barrel vaulted ceilings and walls of over-sized windows on 3 exposures. Every detail has been meticulously designed for both day-to-day living and entertaining- creating a versatile and dramatic space.

The expansive 51'3" x 17'8" corner living and dining room has a gas fireplace and 11 over-sized windows with open city views from northern and eastern exposures. The open bespoke kitchen has stainless and white lacquer cabinets, Miele appliances, dual full size Subzero refrigerators and freezers and a hood that vents to the outside. The large floating island with 3" thick white glass counter tops houses the sink with garbage disposal.
2 Available Listings from $3.75M

Top Contracts
67-Vestry-Street-01 67 Vestry Street via VUW
From the listing:
A full floor spanning 5,794 square feet and features over 75 feet of Hudson River frontrage. The home offersa a dramatic great room with over 1,500 square feet including a fireplace, and windowed eat-in kitchen. The condo has 6 bedrooms and 5.5 bathrooms. 67 Vestry is a boutique condo with 13 units. Amenities include a doorman, porter, fitness area, lap pool, steam, sauna, game room, bike and regular storage. The builidng has been designed by Gachot Studios.

565-Broome-Street-01 All images of 565 Broome Soho via Douglas Elliman
From the listing:
This one-of-a-kind 4,682-square-foot full-floor residence with 10' ceilings and 6-inch wide-plank white oak floors features 4-bedrooms, 4-bathrooms and a powder room. Keyed elevator access and a well-proportioned foyer, ideal for displaying art, leads into an expansive 40-ft great room exceptionally designed for both entertaining and daily living. Floor-to-ceiling glass wraps the corner great room allowing for abundant natural light and spectacular Hudson River views to the west and north views showcasing the Empire State and Chrysler Buildings. Directly off-of the great room is a windowed library, which can be closed-off by pocket doors.

The eat-in kitchen, open to the great room, features floor-to-ceiling windows with West and South views. The kitchen can be closed-off by pocket doors, allowing for a more formal experience if needed. Beautifully designed and equipped for serious cooking, the kitchen features fully-integrated Miele appliances including a six-burner gas cooktop with built in vented hood, double-oven, warming drawer, full-size refrigerator and freezer, two dishwashers, and wine cooler. A rich mix of materials with custom designed back-painted glass cabinetry, an expansive center island breakfast bar, marble countertops, and Zucchetti fixtures complete this kitchen.
5 Available Listings from $4.5M

536-West-29th-Street-01 All images of 536 West 29th Street via Corcoran
From the listing:
Located in West Chelsea, moments away from New York City's new tech sector in Hudson Yards, this rare fully commercially zoned building was built in 1904 and originally housed the studios of renowned theater set designer John H. Young of Ziegfeld Follies fame. Masterfully restored and repurposed throughout the years, 536 West 29th Street is now a one-of-a-kind architectural masterpiece that is the epitome of "urban Zen" in the nexus of West Chelsea's vibrant art gallery district and Hudson Yard's new tech corridor and neighborhood.

Built 25 feet x 65 feet on a 98.75-foot lot, this building was designed with two entrances on West 29th Street highlighting ultimate versatility leading to two separate spaces with dramatic 32 foot and 19 foot high ceilings across an architecturally impressive and columnless 25-foot-wide building structure. Oversized windows and skylights provide generous northern light throughout with floor-to-ceiling steel casement windows overlooking a tranquil south-facing private garden with a centerpiece Cherry Blossom tree accentuated by 22-foot-tall custom steel walls.

1158-Fifth-Avenue-01 All images of 1158 Fifth Avenue via Brown Harris Stevens
From the listing:
Enjoy breathtaking direct Central Park and city skyline views from almost every room of this rare and extraordinary Fifth Avenue penthouse triplex offering. Regally proportioned and beautifully appointed, this elegant home commands an unparalleled position overlooking the full expanse of Central Park and its Jackie Onassis Reservoir, as well as a spectacular entertaining terrace for lavish indoor and outdoor living.

Enter through a grand gallery adorned by an architectural wrought iron central staircase and be drawn into the heart of this exceptional home. On its first floor, a massive corner living room sits perfectly alongside a large formal dining room. Huge picture windows along Fifth Avenue run the entirety of the western wall and wrap to the south, bathing the room in natural sunlight and drawing in stunning views over Central Park, with its glorious Reservoir at your feet and the skyline of the West Side beyond.

To the east of the living room, a sprawling formal dining room easily accommodates dinner for 20 and lies directly adjacent to the sun-filled, double-windowed eat-in kitchen. Kitchen finishes include black granite/marble countertops, a subway tile backsplash and custom cabinetry, as well as all stainless steel appliances including a new Sub-Zero refrigerator, a double Thermador oven and a 6-burner Viking range outfitted with warming and storage drawers. Perfecting the first level of this home is a large and elegant wood-paneled library with direct Central Park views and an en-suite full bathroom overlooking the park as well, easily used as an additional bedroom or guest quarters, and a discreet powder room for guests as well.
2 Available Listings from $3.15M

1158-Fifth-Avenue-05 All images of 1158 Fifth Avenue via Sotheby's International Realty
From the listing:
A Fifth Avenue Masterpiece with open Central Park and Reservoir Views, this sprawling 12 room prewar cooperative is pristine and ready to move in due to a recent full renovation by Ferguson Shamamian. The interiors were meticulously curated by the world-renowned designer, Bunny Williams, the distinguished expert in creating homes that are as grand and stylish as they are comfortable and serene. This residence is far from the exception, featuring finest quality finishes throughout and an atmosphere of sophistication that can be compared to nothing else available. Stepping into the private jewel box 14th- floor elevator landing, one is welcomed by spectacular light bouncing from the glossy custom patinaed Venetian plaster adorning the walls of a double-wide gallery and pouring through to illuminate the rest of the open yet classic floorplan.
2 Available Listings from $3.15M

200-Amsterdam-Avenue-01 Rendering of 200 Amsterdam Avenue via Binyan Studios
200-Amsterdam-Avenue-02 Interiors via Brown Harris Stevens
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' 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 eat-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. State of the art appliances include integrated, oak paneled Sub-Zero refrigerator, freezer and wine chiller, a 48" Wolf Dual Fuel Range and a Miele speed oven and warming drawer. A separate wet bar contains a sink, dishwasher, and refrigerator drawers. Above the range, a striking slab of marble ingeniously conceals an externally vented hood creating an ideal balance of beauty and function. Custom cabinetry is finished in rift White Oak with satin nickel hardware.
17 Available Listings from $3.1M

Most Notable Price Gains
160-Wadsworth-Avenue-01 160 Wadsworth Avenue via Compass
160-Wadsworth-Avenue-02 Interiors via Bizzarro Agency LLC
From the listing:
Fully renovated pre-war condo in booming Washington Heights! Welcome home to a tranquil place of enjoyment where you will find all of the your needs met. In-unit washer/dryer and sparkling white kitchen with stainless steel appliances including a dishwasher will make every meal a treat.

Designed with a full slate of finishes, this home features custom light fixtures and recessed lighting throughout, a marble bathroom, and tons of exposed brick. Ceiling heights are around 9' high and the open kitchen layout will be great for entertaining or socializing. Hardwood floors seamlessly connect the space to create an atmosphere of warmth and security.
5 Available Listings from $559K

211-Thompson-Street-01 All images of 211 Thompson Street via Brown Harris Stevens
From the listing:
Apartment 2J just recently underwent a gut renovation and features a customized closet, hardwood floors, a through-the-wall ac unit, and a beautifully tiled marble bathroom. The open kitchen features stainless steel appliances, dishwasher, electric stove (2K has a gas stove), chic gray lacquered cabinetry and room for a small dining table. Easterly exposures overlooking historic Thompson Street, provide an incredible amount of natural light throughout the day. And to punctuate this charming home, there is a beautiful tree just outside the window and you can even see a sliver of the Washington Square Park Arch from your balcony.
3 Available Listings from $499K

2-Horatio-Street-01 All images of 2 Horatio Street via Corcoran
From the listing:
This spacious 1-Bedroom, Pre-War, West Village home has it all - over 800 square feet of living space with a unique layout, great light, southern views and the most storage space you will ever find in a one-bedroom home. In keeping with the classic Bing & Bing style the apartment has a gracious and large living area that showcases a wood burning fireplace. There is enough space to easily accommodate formal dining and entertaining. Storage is plentiful with two nicely hidden walk-in closets in the living room. An intimate windowed, galley kitchen has been outfitted with white “Shaker Style” cabinetry and paired with granite countertops. Kitchen is equipped with stainless steel appliances, including a Viking Range. Located on the on the south side of the building the apartment is sunny and quiet. The bedroom will easily accommodate a king-sized bed, and bedroom set. There is another large walk-in closet in the bedroom as well. The windowed bath has been nicely updated also. Classic pre-war features such as beamed ceilings, hardwood floors, cast iron bathtub are prominent throughout the home. As an added bonus the property is being sold with a storage unit!
9 Available Listings from $575K

20-East-9th-Street-01 All images of The Brevoort East via Compass
From the listing:
Immaculate and oversized sun drenched southwestern facing alcove studio in Greenwich Villages highly sought after Brevoort East. Gorgeous views of Washington Square Park and the Freedom Tower. This home, unique to other L line studios in the building, has 10' ceilings (others have 8'6"), giving the home a loft like feel. The kitchen is meticulously renovated with stainless steel appliances and cherry wood cabinets. The living room is square allowing for endless furniture layouts. The alcove is generously sized, with beautiful custom made sliding privacy doors and easily accommodates a king sized bed and other furniture. There is a dressing area off the alcove which leads to the beautifully renovated bathroom, adorned with 4X24 mocha grey tiles and grey variegated natural marble on both the counters and floor.
3 Available Listings from $1.25M

571-Academy-Street-01 All images of Academy Twins via Halstead
From the listing:
Welcome to a sun-filled two-bedroom top-floor corner unit with south and east views. Recently remodeled with polished hardwood flooring and lighting accents, walk into a sunny living room with enough space for a dining area. Separate kitchen boasts plenty of cabinet space including a pantry, granite counter tops, stainless steel appliances and two huge sky lights.
1 Available Listing for $599K

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