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A blog from CityRealty (Links below will take you to the 6sqft site)

Features

  • From January 9-15, 2022, a total of 350 condo, co-op, and condop sales were recorded in Manhattan
  • The aggregate total of sales was $790,536,689
  • 189 condo sales came to a median price of $1.725 million ($1,626/ft2)
  • 152 co-op sales came to a median price of $786,250
  •  

As the dizzyingly high contracts of recent weeks and months are being recorded, it is set to be a very strong January for Manhattan real estate. The top sale of the past week was a $35,000,000 co-op at 1107 Fifth Avenue, which architecture critic Carter Horsley calls "one of the grandest pre-war apartment buildings on Fifth Avenue." The building is home to the city's first-ever penthouse unit, which was built for Post heiress Marjorie Merriweather Post Hutton.

The Real Deal identified the sellers of #8/9 as Richard Eisner, co-founder of Eisner LLP, and his wife Carole Eisner. The buyer was not identified, but clearly got past the co-op board - the building once rejected Barbra Streisand for fear that she'd build a recording studio in her apartment.

The second-highest sale was a $33,052,250 townhouse unit at 17 Jane Street, the West Village condominium where Jennifer Lawrence purchased the other townhouse. The Wall Street Journal notes that the buyer, a foreign real estate investment company represented by private equity investor Alejandro Weinstein, had a busy week - they also bought a Tribeca penthouse from Justin Timberlake for $29 million in an off-market deal.

City records show that Mr. Timberlake and wife Jessica Biel bought the penthouse for $20.2 million in 2017, when it was originally asking $27.5 million. The sale comes months after Us Weekly described the couple as "so happy" to be raising their two children in Mr. Timberlake's home state of Tennessee, away from the bustle of New York and Los Angeles (where the couple is also looking to offload a property).

Also last week, the New York Post announced that New York Yankee-turned-real estate investor Alex Rodriguez bought an apartment in The Beresford for $9.9 million. The 3-bedroom, 5.5-bath home features a grand entrance gallery, a living room with wood-burning fireplace and Central Park views, a kitchen with professional-grade appliances, and 900-square-foot primary suite.
53-Downing-Street-01 53 Downing Street via Compass
From January 10-16, 2022, 25 luxury contracts priced $4 million and up were signed in Manhattan. This is relatively slow compared to previous weeks, yet four more than last week. Olshan Realty's market report recorded a total asking price sales volume of $175,793,000.

The 25 luxury contracts comprised 17 condos, six co-ops, and two townhouses - both of which fell in the top five contracts. 53 Downing Street's asking price of $15,700,000 represents a 31.7 percent discount from its original listing price of $23,000,000, but was nevertheless the top contract of the past week. This five-bedroom townhouse dates back to 1857 and was gut renovated with such enhancements as fully integrated smart technology, a garage, a temperature-controlled wine room, and multiple outdoor spaces. Lady Gaga rented the townhouse while working on an album.

Further uptown, 211 East 61st Street entered contract with an asking price of $11,998,000. This townhouse was originally built in 1875 and rebuilt by Frederick Sterner in the 1920s; more recently, the interiors underwent a five-year restoration and renovation by FLANK Architects. This 5,500-square-foot home has four bedrooms, four baths, two powder rooms, and three private outdoor spaces spanning over 1,100 square feet.

The top apartment contract was a full-floor co-op at The Pulitzer Mansion asking $12,000,000. Joseph Pulitzer lived in the McKim, Meade & White-designed mansion for eight years, and it was later converted to apartments following his death. This 3-bedroom, 3.5-bath home is the only full-floor unit in the building and remains rich in Gilded Age architectural details.





Top Sales
1107-Fifth-Avenue-01 1107 Fifth Avenue via CityRealty

17-Jane-Street-01 17 Jane Street via Compass

15-Central-Park-West-01 All images of 15 Central Park West via Core Group NYC
Central Park West condos
Upper West Side condos
From the Listing:
Never before has a property of this grandeur been offered at the prestigious 15 Central Park West. Introducing 9A, a one-of-a-kind home boasting all four exposures, this bespoke residence has been completely redesigned by Jeffrey Beers, offering the highest quality of design, scale and architecture.

Two years in the making, the space was transformed from the ground up with thoughtfully considered, dynamic elements that are complemented by a luxurious palette of materials expertly engineered, artfully crafted, and masterfully executed.

Upon entering, you are welcomed into this sun-drenched, four-bedroom home through a proper foyer which leads to the central gallery. Breathtaking southern and eastern exposures of Central Park are showcased in the generously-sized living room, dining room, library and kitchen. Large, custom floor-to-ceiling glass-panel and bronze sliding doors marry the dining and living room, creating an open yet versatile entertaining space.
11 Available Listings for Sale from $4.5M
1 Available Listing for Rent for $40,000/month
Central Park views

443-Greenwich-Street-01 443 Greenwich Street via Douglas Elliman
3 Available Listings for Sale from $6.68M

145-Central-Park-West-01 All images of The San Remo via Sotheby's International Realty
Central Park West co-ops
Upper West Side apartments
From the Listing:
Seldom available (12 rooms into 10) and a dream come true at the San Remo, 145 Central Park West. One of the most coveted addresses in all New York. The owners have relocated and are ready to pass along this carefully renovated home of approximately 5,000 square feet. It has all the bells and whistles including 4-zone central air, speakers throughout, new plumbing and electric. Private elevator entry opens to a welcoming 29’ gallery. This leads to the 3 public rooms—living room, library, dining room—with 12th floor views of Central Park. A full 65’ of running feet provides a spectacular outlook. When built in 1930, this prized c-line had 4 bedrooms. More recently the owners have altered the layout to comprise 2 spacious bedrooms and 2 large dressing rooms with home offices. Fully modernized with all top appliances and finishes. Adjacent is pantry with a substantial cooled wine closet. Separate staff room with full bath adjacent.
3 Available Listings for Sale from $1.5M
Central Park West

Top Contracts
53-Downing-Street-01 All images of 53 Downing Street via Compass
Greenwich Village townhouses
Village houses
From the Listing:
Nestled on a discreet, quiet, treed block where the West Village meets Soho and Hudson Square, 53 Downing Street is a large, 20'-3 1/4' wide, recently completed, gut renovated single-family townhouse with a garage and multiple outdoor living spaces. The Landmarked Italianate house was originally built in 1857 and has undergone a complete redesign by CWB Architects to transform it into a showplace with superb finishes, detailing and proportioning, expertly installed by master craftsmen. Every imaginable detail has been considered in the renovation of this mansion-scaled home renovation, including brand new individually zoned mechanical systems for year-round flexibility along with radiant floors in all bathrooms as well as a fully integrated Crestron AV system with ceiling speakers and connectivity for TV, internet, and security.
Greenwich Village townhouse

11-East-73rd-Street-01 All images of The Pulitzer Mansion via Douglas Elliman
Upper East Side co-ops
Upper East Side mansion conversions
From the Listing:
Comprising the entire third floor of the legendary Pulitzer mansion, this full floor aerie is meticulously maintained, impeccably designed, and is one of New York City’s true treasures. One of only a handful of remaining Gilded Age mansions, 11 East 73rd Street was designed by Stanford White in the Italian Renaissance style and completed in 1903 and converted to cooperative residential use in 1952.

The sprawling 2-3 bedroom, 3.5 bath residence is the largest and only full floor apartment in the building and features fifteen foot ceilings, magical views and light, stunning decor and exquisite architectural details throughout including multiple arched French doors opening to impressive balustraded balconies, a large and enchanting private north-facing terrace accessed via the primary bedroom, and commanding, well-proportioned rooms including a south-facing living room and library with wood burning fireplaces; two divine corner bedrooms with sumptuous marble baths; and a north-facing primary kitchen with chic dining area plus extra service kitchen.
Upper East Side views

211-East-61st-Street-01 All images of 211 East 61st Street via Douglas Elliman
Upper East Side townhouses
Lenox Hill townhouses
From the Listing:
Impeccably designed elevator townhouse that was completely re-built and reimagined into a modern-day oasis. Designed by FLANK architects this flawless townhouse spared no expenses from the carefully crafted materials to the master workmanship. The residence exudes the highest standards of finish and is truly a home for the ages.

The house was originally built in 1875 and was re-built in the 1920’s by the notable architect Frederick Sterner and features a striking bow window with wrought iron detailing. The interior went through a 5-year restoration with an excruciating focus on detail and quality in which the stone, hardware and millwork were commissioned from Italian and local artisans. The result is a true masterpiece and labor of love that seamlessly balances form and function.

The residence totals 5,500 square feet which spread over five floors, a finished basement and three private outdoor spaces that span over 1,100 square feet. Their is a total of four bedrooms, four full bathrooms and two powder rooms, and an elevator that services all five floors of the home. The lower level of the home has been fully excavated to an 8.5’ ceiling height and can be used as a flexible suite or additional room. The exquisite features of the home include herringbone-patterned solid black walnut hardwood floors, three wood-burning limestone fireplaces, twelve zone central A/C and heat, five-zone radiant heat flooring, two forced hot water heating zones for the exterior front and rear of home, Nanz hardware, custom steel doors/windows, mahogany doors in the entry, living room and library, and fully irrigated garden with outdoor gas grill.
Upper East Side townhouses

857-Fifth-Avenue-01 857 Fifth Avenue via CityRealty
Upper East Side co-ops Interiors via Fox Residential Group
Upper East Side apartments
From the Listing:
This elegant nine-room home has all the ingredients to create your own masterpiece. With wall-to-wall windows of gorgeous west, south, and east views, every room has brilliant light and open exposures. With one apartment per floor, you enter from a private elevator landing which opens into a large entry gallery. The entertaining rooms all flow from this gallery while the bedrooms are in a separate, private wing. The L-shaped living room has a working fireplace and a lovely terrace that hangs over Central Park. Adjacent to the living room is a beautiful wood paneled library, also with direct park views. Also off the main gallery is a well-proportioned dining room as well as the kitchen, of which there are two large staff rooms, a bathroom and laundry area. A powder room completes the entertaining space. There are three generous bedrooms – currently two bedrooms were made into a grand primary suite and three bathrooms.
1 Available Listing for Sale for $7.5M
Upper East Side apartment views

800-Park-Avenue-01 800 Park Avenue via CityRealty
Upper East Side apartments Interiors via Sotheby's International Realty
Park Avenue apartments
From the Listing:
Exceptional high floor 12-room south facing full floor apartment in a highly coveted and superbly located building. Boasting huge windows and wrapping a southern corner, this sun-flooded residence is also graced with exceptionally open and picturesque exposures throughout and intact original details. Accessed via private elevator landing, the immense and unusual charm of these gorgeous simplexes is immediately apparent upon entry into the rectangular windowed gallery.

The three large west-facing windows allow for peeks of the Park and outlooks over the pretty roof top skyline of the Upper East Side. Beyond, the enfilade format of the principal entertaining rooms feature a dramatic sweep along Park Avenue. This includes a living room with a wood-burning fire-place, a lovely square formal dining room, and a handsome library.
Park Avenue views

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