Rendering showing plan from Related Companies and Wynn Resorts involving building three new towers overlooking the Hudson River
Manhattan Sales:
- For the week ending December 6, 2024, $455,333,058 worth of transactions across 192 condo, condop, and cooperative deals were recorded
- 105 condo sales came to an aggregate price of $344,250,649
- Three condop sales came to an aggregate price of $5,985,879
- 84 co-op sales came to an aggregate price of $104,616,530
In this article:
For the first week of December 2024, the number of Manhattan residential sales recorded held steady week over week. However, several high-priced condo sales caused the total sales volume to spike.
The stretch of West Chelsea overlooking the High Line has emerged as a luxury neighborhood in recent years, and that was especially the case for the first full week of December 2024: A total of $125,772,405 across eight sales was recorded at the Bjarke Ingels-designed One High Line, with three penthouse units accounting for five of Manhattan's top sales.
One High Line (Credit: Evan Joseph)
Not only did West Penthouse #36 log the highest-priced sale of the week by far at $47,000,000, but this was the top Downtown deal recorded in all of 2024 (h/t 6sqft). The full-floor six-bedroom, seven and a half-bath penthouse entered contract with a $52 million asking price in June 2023. A few stories down, Penthouse 32B closed for $22,775,000, the third-highest price of the week.
These units are located in the all-residential West Tower, the taller of the two towers comprising the full-block One High Line. In the East Tower, where the apartments start on top of the forthcoming Faena New York, Penthouse #25A closed for $24,755,775 in the second-highest sale of the week.
These buyers, like all owners in both One High Line towers, will enjoy access to the amenities and services of Faena New York when it opens next year (estimated for late spring). These include a 5,000-square-foot restaurant helmed by a celebrity chef, a Tierra Santa Healing House spa, and The Living Room, a nightlife space with live entertainment, private dining and outdoor terraces. In the meantime, they have access to a suite of residents-only amenities that include a fitness center, an indoor lap pool, a spa with steam rooms and saunas, a virtual gaming studio, a children’s playroom, and a double-height bridge lounge.
These buyers, like all owners in both One High Line towers, will enjoy access to the amenities and services of Faena New York when it opens next year (estimated for late spring). These include a 5,000-square-foot restaurant helmed by a celebrity chef, a Tierra Santa Healing House spa, and The Living Room, a nightlife space with live entertainment, private dining and outdoor terraces. In the meantime, they have access to a suite of residents-only amenities that include a fitness center, an indoor lap pool, a spa with steam rooms and saunas, a virtual gaming studio, a children’s playroom, and a double-height bridge lounge.
The top sale outside of One High Line also took place in West Chelsea. Residence #21BW at The Cortland, the Robert A.M. Stern Architects - Olson Kundig-designed brick building a few blocks up the street from One High Line, closed for $14,575,000, the fourth-highest price of the week. The half-floor three-bedroom entered contract with a $15.25 million asking price in October 2024.
Rendering of the second phase of Hudson Yards (Related Companies and Wynn Resorts)
Waterfront development in West Chelsea shows no sign of slowing down. Around the time these uber-luxury sales were recorded, developer Legion Investment Group announced plans for a 20-story condo tower to rise at 550 West 21st Street, located between One High Line and The Cortland. It will reportedly span about 200,000 square feet and offer 75 units (h/t Crain’s New York Business).
Further north, plans for the second phase of Hudson Yards were announced in summer 2024. A key part of the $12 billion proposal for the western yard is 1 Hudson Waterfront, a one million-square-foot tower set to include 1,507 units, 324 of which will be affordable.
It also includes a two million-square-foot office tower, a new public school, and new public park Hudson Green, said to be larger than Bryant Park.
However, much of this plan is contingent on developer Related getting a coveted casino license; indeed, the project is anchored by a casino and hotel run by Wynn Resorts. If another developer gets the casino license, the project is not likely to move forward.
However, much of this plan is contingent on developer Related getting a coveted casino license; indeed, the project is anchored by a casino and hotel run by Wynn Resorts. If another developer gets the casino license, the project is not likely to move forward.
Monogram New York
Also of note last week, a total of $11,005,000 across seven sales was recorded at Monogram New York. The buyers of the studio to two-bedroom condos are set to enjoy homes with high ceilings, abundant light from floor-to-ceiling windows, sleek kitchens by Neri&Hu with abundant storage and appliances by Gaggenau and Bosch, and tranquil primary baths with radiant heated floors. They will also enjoy thoughtful concierge service, a fitness center with separate movement/meditation studio, and a 35th-story Crest Club with reading room, dining room, and outdoor terraces.
Monogram New York presents a contemporary take on Art Deco design in a central location near Grand Central Terminal, the United Nations headquarters, Midtown offices, and acclaimed restaurants. The building is nearly one-third sold, and current availabilities range from $898K for a studio to $4,989,700 for a two-bedroom penthouse.
Monogram New York presents a contemporary take on Art Deco design in a central location near Grand Central Terminal, the United Nations headquarters, Midtown offices, and acclaimed restaurants. The building is nearly one-third sold, and current availabilities range from $898K for a studio to $4,989,700 for a two-bedroom penthouse.
Top Sales
One High Line (Evan Joseph)
One High Line, #W31B (Corcoran Group)
From the Listing:
West 31B is a 3,178-square-foot three-bedroom and three-and-a-half-bathroom corner residence curated by Gabellini Sheppard Associates. This remarkable home features open northern and western exposure flaunting expansive city skyline and Hudson River views. Residence 31B boasts a generous great room and open kitchen custom designed by Bulthaup, complete with White Princess Quartzite countertops and backsplash, a robust Gaggenau appliance package and stainless-steel fixtures by CEA Design. The west-facing primary suite, complete with floor-to-ceiling windows, welcomes natural light throughout the day.
West 31B is a 3,178-square-foot three-bedroom and three-and-a-half-bathroom corner residence curated by Gabellini Sheppard Associates. This remarkable home features open northern and western exposure flaunting expansive city skyline and Hudson River views. Residence 31B boasts a generous great room and open kitchen custom designed by Bulthaup, complete with White Princess Quartzite countertops and backsplash, a robust Gaggenau appliance package and stainless-steel fixtures by CEA Design. The west-facing primary suite, complete with floor-to-ceiling windows, welcomes natural light throughout the day.
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The Cortland, #21BW (Core Group Marking LLC)
From the Listing:
Inspired by West Chelsea’s historical architecture and rich heritage, The Cortland is striking a new presence on the Hudson waterfront. Residence #21BW is 2,933 square feet with three bedrooms and three-and-a-half bathrooms. The expansive, open-plan living and dining areas feature unobstructed views of the Hudson River, a 28-foot corner great room, a kitchen with a custom Olson Kundig-designed Jackbox and a walk-in pantry, warm wood flooring, and floor-to-ceiling windows.
Inspired by West Chelsea’s historical architecture and rich heritage, The Cortland is striking a new presence on the Hudson waterfront. Residence #21BW is 2,933 square feet with three bedrooms and three-and-a-half bathrooms. The expansive, open-plan living and dining areas feature unobstructed views of the Hudson River, a 28-foot corner great room, a kitchen with a custom Olson Kundig-designed Jackbox and a walk-in pantry, warm wood flooring, and floor-to-ceiling windows.
One High Line (Evan Joseph)
One High Line, #WPH32B (Corcoran Group)
From the Listing:
This half-floor penthouse home boasts a generous corner great room flanked by two loggias totaling 422 square feet - a north-facing loggia with far-reaching views of the iconic Midtown horizon and another with serene vistas of the Hudson River. The custom chef's kitchen, designed by Bulthaup and complete with White Princess Quartzite countertops and backsplash, a robust Gaggenau appliance package and stainless-steel fixtures by CEA Design, can be opened into the western loggia, creating an atmosphere that is perfect for entertaining.
This half-floor penthouse home boasts a generous corner great room flanked by two loggias totaling 422 square feet - a north-facing loggia with far-reaching views of the iconic Midtown horizon and another with serene vistas of the Hudson River. The custom chef's kitchen, designed by Bulthaup and complete with White Princess Quartzite countertops and backsplash, a robust Gaggenau appliance package and stainless-steel fixtures by CEA Design, can be opened into the western loggia, creating an atmosphere that is perfect for entertaining.
One High Line (Evan Joseph)
One High Line, #PH25A (Corcoran Group)
From the Listing:
Penthouse E25A at One High Line is a one-of-a-kind 5,422 SF half-floor five-bedroom and five-and-a-half-bathroom residence curated by Gilles & Boissier. This remarkable home features southern, eastern, and western exposure overlooking the Hudson River, midtown skyline and downtown Manhattan views and beyond. This half-floor penthouse home boasts an oversized corner great room, adjacent to the 336 SF Loggia, all receiving an abundance of southern light throughout the day. The custom chef’s kitchen, designed by Molteni and complete with elegant Carnico Grigio marble floors, Molteni brushed Epicea wood and white lacquer cabinetry, honed Calacatta Gold marble countertops and backsplash, a robust Gaggenau appliance package and stainless steel fixtures by THG Paris, can be opened into the loggia, creating an atmosphere that is perfect for entertaining.
Penthouse E25A at One High Line is a one-of-a-kind 5,422 SF half-floor five-bedroom and five-and-a-half-bathroom residence curated by Gilles & Boissier. This remarkable home features southern, eastern, and western exposure overlooking the Hudson River, midtown skyline and downtown Manhattan views and beyond. This half-floor penthouse home boasts an oversized corner great room, adjacent to the 336 SF Loggia, all receiving an abundance of southern light throughout the day. The custom chef’s kitchen, designed by Molteni and complete with elegant Carnico Grigio marble floors, Molteni brushed Epicea wood and white lacquer cabinetry, honed Calacatta Gold marble countertops and backsplash, a robust Gaggenau appliance package and stainless steel fixtures by THG Paris, can be opened into the loggia, creating an atmosphere that is perfect for entertaining.
One High Line (Evan Joseph)
One High Line, #PH36 (Corcoran Group)
From the Listing:
West Penthouse 36 at One High Line is a 6,933-square-foot full-floor six-bedroom and seven-and-a-half-bathroom residence curated by Gabellini Sheppard Associates. This remarkable home features 360-degree views overlooking the Hudson River, Manhattan skyline, and beyond with a wraparound 4,870-square-foot terrace, all with an abundance of light. The custom chef’s kitchen designed by Bulthaup is complete with Princess Quartzite countertops and backsplash and a robust Gaggenau appliance package and stainless-steel fixtures by CEA Design.
The north and west-facing primary suite, complete with floor-to-ceiling windows, welcomes natural light throughout the day. The elegant, windowed ensuite five-fixture bath is clad in Taj Mahal Quartzite, has radiant heated floors, a custom Lumix double-sink vanity, large Hydrosystems freestanding soaking tub and integrated illuminated medicine cabinet. The additional five bedrooms feature ensuite baths outfitted in Woodgrain Silver Marble with custom oak vanities, premium fittings, and radiant heated floors.
West Penthouse 36 at One High Line is a 6,933-square-foot full-floor six-bedroom and seven-and-a-half-bathroom residence curated by Gabellini Sheppard Associates. This remarkable home features 360-degree views overlooking the Hudson River, Manhattan skyline, and beyond with a wraparound 4,870-square-foot terrace, all with an abundance of light. The custom chef’s kitchen designed by Bulthaup is complete with Princess Quartzite countertops and backsplash and a robust Gaggenau appliance package and stainless-steel fixtures by CEA Design.
The north and west-facing primary suite, complete with floor-to-ceiling windows, welcomes natural light throughout the day. The elegant, windowed ensuite five-fixture bath is clad in Taj Mahal Quartzite, has radiant heated floors, a custom Lumix double-sink vanity, large Hydrosystems freestanding soaking tub and integrated illuminated medicine cabinet. The additional five bedrooms feature ensuite baths outfitted in Woodgrain Silver Marble with custom oak vanities, premium fittings, and radiant heated floors.
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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