The week of November 3-9, 2025 included Election Day on Tuesday, November 4. Democratic candidate Zohran Mamdani defeated Andrew Cuomo and Curtis Sliwa in the New York City mayoral election. The months between the primary and Election Day were filled with concerns about what a Mamdani victory could mean for New York City real estate; but in the days immediately following Election Day, some luxury brokers started to take a more pragmatic approach (h/t The Real Deal).
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"Few people will leave a place they call home because of a new mayor. The people who are leaving were probably going anyway" - Lisa Simonsen, Brown Harris Stevens
CityRealty data shows that both the number of Manhattan contracts signed and the aggregate dollar amount dipped slightly week-over-week. However, between the large number of contracts signed and high sticker prices on the last week of October 2025, almost anything would be perceived as a comedown. The first week of November 2025 still saw several high-priced contracts in well-known Manhattan buildings, with West Side buildings accounting for five of the top ten. New York City's ten highest-priced residential contracts signed were asking above $10 million for the third week in a row, and the two most expensive were asking above $20 million. (P.S. Olshan Realty observes that over half of the week's luxury contracts, defined here as $4 million and up, were signed on days after Election Day.)
Fifteen Hudson Yards, #PH88D, top NYC contract (Corcoran Group) | https://cityrealty.com/n/I2639212
Last week, a total of $31.6 million across three contracts was signed throughout the Hudson Yards complex. These were dominated by Penthouse #88D at Fifteen Hudson Yards, which was asking $22.95 million. This was the week's top contract, but represents a reduction from the $30 million the sponsor initially sought when the building started marketing off floor plans.
The duplex penthouse is being offered fully furnished with a curated art collection by Creative Art Partners and bespoke pieces by Nate Berkus, whose portfolio includes The Katharine, a nearly sold-out boutique condominium in Greenwich Village. However, it is designed not to compete with spectacular views of the Hudson River and the Manhattan skyline from its perch nearly 900 feet above the ground.
50 West 66th Street, #48S
It was closely trailed by Residence #48S at 50 West 66th Street, which was asking $22.75 million. The contract was signed shortly after the sale of Residence #47E, its neighbor one story down, closed for $46.8 million in the Upper West Side's highest-priced sale of 2025 to date.
Indeed, the past week was a good one for new developments on the Upper West Side. Two contracts each were signed at 212 West 72nd Street, 720 West End Avenue, and Claremont Hall. Also of note, Residence #2B, dubbed the Garden House at church-turned-condominium 140 West 81st Street, entered contract with a $6.65 million ask.
Further Downtown, a total of $30.3 million in contracts was signed in The Flatiron Building. Residence #3NORTH was asking $19.35 million in the week's top Downtown contract and third-highest overall. Residence #3SOUTH, the only other unit on the floor, was asking $10.95 million in the tenth-highest contract of the week. Neither buyer has been identified, nor is it known whether these are two separate buyers or one buyer planning a full-floor combination.
Like all units in the Flatiron Building, these apartments benefit from one-of-a-kind floor plates by virtue of the building's unique shape. They are reached via private elevator landing, and interiors by Studio Sofield feature enormous Great Rooms, kitchens with high-end appliances, and luxurious primary suites with dressing rooms and en suite baths featuring sinks with the Flatiron Building's original staircase spindles repurposed into sink legs.
Exterior construction finishing up as of early November 2025
282 6th Street (Corcoran Group) | https://www.cityrealty.com/nyc/park-slope/282-6th-street/192793
These were not the only well-performing new development condominiums over the past week. Three contracts were signed at The Village West in Greenwich Village, and two contracts each were signed at 130 William in the Financial District, The Willow in Gramercy, and Sutton Tower in Beekman/Sutton Place. And for the second week in a row, DUMBO standout Olympia was home to Brooklyn's highest-priced apartment contract; the three-bedroom Residence #22D was asking just under $4 million.
Elsewhere in Brooklyn, both units at Park Slope carriage house-turned-boutique condominium 282 6th Street entered contract. Residence #1 has a large private garden, Residence #2 is topped with a private roof deck, and both duplex apartments' interiors feature wide-plank oak floors, custom ambient lighting, kitchens with appliances by Wolf and Fisher & Paykel, spacious primary suites with spa-like baths, and striking staircases to connect all levels.
134 East 71st Street, #TH, top townhouse contract (Sotheby's International Realty)
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The week's top townhouse contract was for 134 East 71st Street, which was asking $14.5 million in the week's sixth-highest overall. The house dates back to 1884, when it was designed by F.T. Camp, and was designated a New York City Landmark in 1982. Most recently, it was the home of acclaimed designer Charlotte Moss, whose work has been featured in Southern Living, Elle Decor, Atelier, Better Homes and Gardens, and Veranda, to name but a few. Her website notes that "Charlotte's name has become synonymous with Southern warmth and hospitality," and she brought her eye for style to the Upper East Side mansion she and her husband bought in 2002. The price they paid for it is unknown, as is their next move.
Top NYC Contracts: November 3-9, 2025
#10. Flatiron Building, #3SOUTH
Last Ask: $10,950,000
Flatiron/Union Square | Condominium | 3 Bedrooms, 3 Baths | 3,117 ft2
Flatiron Building, #3SOUTH (Corcoran Sunshine Marketing Group)
#9. The Stanhope, #10S
Last Ask: $10,995,000
Carnegie Hill | Condop | 4 Bedrooms, 3.5 Baths | 4,357 ft2
The Stanhope, #10S (Brown Harris Stevens Residential Sales LLC)
#8. 212 Fifth Avenue, #4A
Last Ask: $11,250,000
NoMad/Flatiron District | Condominium | 3 Bedrooms, 3.5 Baths | 3,002 ft2
212 Fifth Avenue, #4A (Sothebys International Realty)
#7. 217 West 20th Street, #TH
Last Ask: $12,995,000 (-13.3%)
Chelsea | Townhouse | 6+ Bedrooms, 6+ Baths | 9,132 ft2
217 West 20th Street, #TH (Serhant)
134 East 71st Street, #TH (Sotheby's International Realty)
From the Listing: Discover timeless elegance at this exceptional Queen Anne–style townhouse, ideally positioned on one of Manhattan’s most coveted blocks off Park Avenue. Built in the late 19th century by architect F.T. Camp and recognized by the National Park Service as a certified historic structure, this stately six-story residence has been masterfully reimagined by owner and acclaimed interior designer, Charlotte Moss. Behind its handsome façade lies a home of extraordinary scale and refinement. See full details here.
#5. 611 West 56th Street, #PH6/7
Last Ask: $15,000,000
Midtown West | Condominium | 5 Bedrooms, 5.5 Baths | 5,141 ft2
611 West 56th Street, #PH6/7 (Douglas Elliman Real Estate)
#4. 67 Vestry Street, #4N
Last Ask: $15,750,000
Tribeca | Condominium | 4 Bedrooms, 3.5 Baths | 3,256 ft2
67 Vestry Street, #4N (Corcoran Group)
#3. Flatiron Building, #3NORTH
Last Ask: $19,350,000
Flatiron/Union Square | Condominium | 3 Bedrooms, 4.5 Baths | 4,761 ft2
Flatiron Building, #3NORTH (Corcoran Sunshine Marketing Group)
#2. 50 West 66th Street, #48S
Last Ask: $22,750,000
Central Park West | Condominium | 4 Bedrooms, 4.5 Baths | 3,556 ft2
50 West 66th Street, #48S (Douglas Elliman Real Estate)
#1. Fifteen Hudson Yards, #PH88D
Last Ask: $22,950,000
Midtown West | Condominium | 4 Bedrooms, 6+ Baths | 5,139 ft2
Fifteen Hudson Yards, #PH88D (Corcoran Sunshine Marketing Group)
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?
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