NYC Contracts: Surrey Residences nears sellout; EGOT-winning producer finds buyer for Village townhouse asking $19.75M

By CityRealty Staff | From Future New York Today, November 26, 2024

The Surrey Residences (Noë & Associates with V1)

November 2024 has not fully wound down yet, but the number of Manhattan residential contracts signed has already surpassed the total for November 2022. Increased economic optimism in the wake of election season, coupled with several uber-luxury condo launches, has driven this surge in activity.

The highest-priced contract signed from November 18-24, 2024 was for Residence #15A at The Surrey Residences, which was asking $25,745,000.One of only three units on its floor, the four-bedroom Residence #15A boasts a gracious entrance gallery, a massive corner Great Room, a separate eat-in kitchen with butler’s pantry, and a primary suite with dual walk-in closets and a windowed bath.

After six months of whisper marketing, 13 of the 14 condos comprising The Surrey Residences are in contract as of November 2024 (h/t Crain’s New York Business). The total residential sellout of the project is $208.6M. This latest contract was signed shortly after a $50 million penthouse in the building was announced. The duplex penthouse is topped with a private roof terrace and offers a total of over 2,300 square feet of outdoor space across three private terraces. The opulent interiors feature a dedicated concierge closet for discreet deliveries, custom casement windows, white oak flooring in a chevron pattern, a massive Great Room, and a kitchen with a Calacatta Gold marble island.

The Surrey Residences, 20 East 76th Street, Upper East Side

The Surrey Residences, #PH (Noë & Associates with V1)

Up the street from The Surrey Residences, a total of $35,995,000 across five deals was signed at 255 East 77th Street. These included the five-bedroom Residence #9A, which was asking $10,950,000. These latest contracts bring the new development Upper East Side condominium to nearly one-third sold.

As an aside, 255 East 77th Street was not the only luxury condominium helmed by Naftali Group and designed by Robert A.M. Stern Architects to triumph last week. The four-bedroom Residence #11EAST at Upper West Side condominium The Henry was asking $10,350,000 in the ninth-highest contract of the week.

The week's top Downtown contract and second-highest overall was for Residence #7N at 140 Jane Street, which was asking $23,500,000. The contract comes shortly after a penthouse in the building entered contract with a $45 million ask and inches the new development condominium closer to sellout.

Little information is available about 140 Jane Street as of yet, but it is certain that this boutique condominium represents rare new construction in this part of Downtown Manhattan. However, it is not the only new offering: Marketing has quietly begun on 80 Clarkson Street, a pair of residential towers on the rise at the nexus of the West Village and Hudson Square. An offering plan filed in July 2024 did not list a sellout price. However, initial plans estimated its total sellout to land at $1 billion with waterfront apartments averaging about $5,000 per square foot (h/t The Real Deal).

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80 Clarkson is helmed by Zeckendorf Development, whose portfolio includes such uber-luxury towers as 15 Central Park West and 520 Park Avenue. Architect COOKFOX’s signature biophilic principles will reportedly come through in 80 Clarkson; renderings of the towers depict a grid-like facade interspersed with greenery. The majority of condo units will offer private terraces.

22 Bank Street, #TH (Corcoran Group); Scott Rudin (Flickr - elisaforsgren)

Also of note in the Village, 22 Bank Street had the week's top townhouse contract and third-highest overall. However, the $19,750,000 asking price represents a $6.25 million reduction from the $26 million EGOT-winning producer Scott Rudin originally sought when he listed it in spring 2023, shortly before a Hollywood Reporter expose about his office's abusive work environment. Even if it sells at this asking price, Mr. Rudin and husband John Barlow would still make a profit -- they bought it from former Vanity Fair editor Graydon Carter for $17.42 million in June 2019. Another high-profile buyer would not be unexpected, but they have not been identified.

Meanwhile, luxury buyers remain dazzled by Manhattan's skyscrapers. A total of $23,900,000 across two contracts was signed at 35 Hudson Yards, the tallest residential tower in the mega-development. Residence #8601 was asking $14,950,000 in the fifth-highest contract of the week. This five-bedroom home spans the entire southern facade of the tower to look out on spectacular Hudson River views from every room.

At another skyline standout, Penthouse 74 at 520 Fifth Avenue entered contract with an asking price of $12,750,000, the seventh-highest contract of the week. The contract was signed less than a month after the first penthouse contract in the building, and shortly after the highest penthouse in the building came on the market (it is asking $11,500,000).

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35 Hudson Yards, #8601 (Corcoran Group)

#10. One High Line, #EAST20A
Last Ask: $9,565,000

Chelsea | Condominium | 3 Bedrooms, 3.5 Baths | 2,702 ft²

One High Line, #EAST20A (Corcoran Sunshine Marketing Group)

From the Listing: Residence E20A features southern and western exposure overlooking the Hudson River and receiving an abundance of natural light throughout the day. The home's great room is the home's living and dining rooms blend seamlessly with the open kitchen with elegant Carnico Grigio marble floors, Molteni brushed Epicea wood and white lacquer cabinetry with cove lighting, and honed Calacatta Gold marble countertops and backsplash. A Calacatta Gold marble island with a brass patina frame is complemented by a raised St.Laurent marble. The corner primary suite, complemented by floor-to-ceiling windows welcomes an abundance of natural light throughout the day and includes two oversized walk-in-closets. See full details here.

One High Line has 12 public availabilities from $2,515,000.

#9. The Henry, #11EAST
Last Ask: $10,350,000

Broadway Corridor | Condominium | 4 Bedrooms, 4.5 Baths | 3,104 ft²

The Henry, #11EAST (Compass)

From the Listing: Residence 11E at The Henry is a graciously proportioned 4-bedroom apartment with wonderful Park and open city views east and south from every room. Direct elevator access into a private foyer opens to a square gallery and a corner loft-like living room with breathtaking views of Central Park and the southern skyline. A large eat-in kitchen, with a picture window facing east to the Park, has pocket doors, allowing it to be an open kitchen or closed for more formal moments. All four bedrooms have ensuite baths and generous closet space. See full details here.

The Henry has 8 public availabilities from $5,385,000.

#8. 255 East 77th Street, #9A
Last Ask: $10,950,000

Lenox Hill | Condominium | 5 Bedrooms, 5.5 Baths | 3,909 ft²

255 East 77th Street, #9A (Compass)

From the Listing: Residence 9A at 255 East 77th Street is a remarkable five-bedroom, five-and-a-half-bath home offering 3,909 interior square feet and 1,264 square feet of private outdoor space across multiple terraces. The entry foyer and gallery lead to a grand living and dining area, seamlessly opens onto the terraces for exceptional indoor-outdoor living. The thoughtfully designed kitchen connects to a cozy den and opens onto one of the home’s spacious private terraces, perfect for intimate gatherings or alfresco dining. Each of the five bedrooms features an en-suite bath. See full details here.

255 East 77th Street has 8 public availabilities from $3,450,000.

#7. 520 Fifth Avenue, #PH74
Last Ask: $12,750,000

Midtown West | Condominium | 4 Bedrooms, 4.5 Baths | 3,302 ft²

520 Fifth Avenue, #PH74 (Corcoran Sunshine Marketing Group)

From the Listing: Penthouse 74 at 520 Fifth Avenue is a stunning full-floor residence featuring panoramic views of the entire New York City skyline, including the Empire State Building, from river to river in every direction. Direct elevator entry leads to a grand entry gallery. An expansive corner great room, with southern and eastern exposures showcasing all of lower Manhattan, including the Chrysler Building, and the East River, offers ample space for dining and entertaining. See full details here.

520 Fifth Avenue has 8 public availabilities from $2,560,000.

#6. 182 East 75th Street, #TH
Last Ask: $13,100,000

Lenox Hill | Townhouse | 6+ Bedrooms, 6+ Baths | 5,850 ft²

182 East 75th Street, #TH (Sothebys International Realty)

From the Listing: Perfectly located on a picturesque and tree-lined street in the heart of the Upper East Side, this splendid townhouse presents a glorious combination of period detail, an attractive and thoughtful renovation, and modern convenience. At an elegant 18 feet in width with the luxury of a well-designed and flexible floor plan, the residence benefits from marvelously high ceilings and is gloriously light-filled. Accessed through a wrought iron gate, the front steps lead to the very welcoming entrance hall and the staircase to the upper floors. See full details here.

#5. 35 Hudson Yards, #8601
Last Ask: $14,950,000

Midtown West | Condominium | 5 Bedrooms, 5.5 Baths | 4,621 ft²

35 Hudson Yards, #8601 (Corcoran Sunshine Marketing Group)

From the Listing: Enter this spectacular five bedroom residence through grand double-doors and enjoy the 10'10" ceilings, lavish satin finish wide plank French oak floors, massive south-facing Great Room, formal dining room, and stunning views of the Hudson River from every room. The windowed eat-in kitchen has been outfitted with luxurious Smallbone of Devizes cabinetry with opal white marble counters and backsplash. The corner primary bedroom boasts a dressing room and wet bar, and a luxurious windowed en suite bathroom which is wrapped in stunning iceberg quartzite, complete with stunning double vanity with Kinon panels, and full depth soaking tub. See full details here.

35 Hudson Yards has 9 public availabilities from $4,895,000.

#4. 920 Fifth Avenue, #8A
Last Ask: $17,000,000

Park/Fifth Ave. to 79th St. | Cooperative | 5 Bedrooms, 4 Baths

920 Fifth Avenue, #8A (Corcoran Group)

From the Listing: This exceptional 8th floor, 11 into 10 room home, with above the tree tops Central Park views, is an exemplar of luxurious Fifth Avenue homes. Considered one of J.E.R. Carpenter's best designed residential buildings, he, as well as his daughter and son-in-law, chose to live at 920 Fifth Avenue. As you tour this stately and stunning prewar home, one discovers the apartment's many outstanding features-expansive Central Park views from 6 oversized windows in the living room and 3 main bedrooms, three wood burning fireplaces, a private elevator vestibule, high ceilings and Carpenter's masterful design. The apartment has two storage units - a large cage and a locker. See full details here.

920 Fifth Avenue has no public availabilities.

#3. 22 Bank Street, #TH
Last Ask: $19,750,000 (-24%)

West Village | Townhouse | 4 Bedrooms, 4.5 Baths | 4,000 ft²

22 Bank Street, #TH (Corcoran Group)

From the Listing: On Bank Street which is a quintessential Greenwich Village Street named for the Bank of New York, founded by Alexander Hamilton sits this charming townhouse has just undergone a triple-mint renovation by the architect G.P. Schafer. Built between 1844-1845, 22 Bank Street is a single-family townhouse with a red brick facade that sits in the middle of this quiet tree-lined block. The house is 19 feet wide with a 42-foot south-facing garden. On entering the parlor level from the original stoop you are greeted by great room of impressive scale, spanning 38' with 11' ceilings. See full details here.

#2. 140 Jane Street, #7N
Last Ask: $23,500,000

West Village | Condominium | 4 Bedrooms, 4.5 Baths | 4,604 ft²

140 Jane Street, #7N (Corcoran Sunshine Marketing Group)

From the Listing: Inspired by the rich heritage and architectural significance of the West Village, 140 Jane Street is a celebration of craft and context. Nestled on a tranquil cobblestone street with views of the Hudson River, this boutique condominium features fifteen immaculate residences designed inside and out by the acclaimed architecture firm Leroy Street Studio. With unique conservatories, private balconies, or terraces in nearly all residences, 140 Jane Street provides an enticing blend of indoor and outdoor living, alongside a collection of beautifully appointed amenities including a porte-cochere, automated parking garage, lap pool, hot tub, and private park. See full details here.

140 Jane Street has no public availabilities.

#1. The Surrey Residences, #15A
Last Ask: $25,745,000

Park/Fifth Ave. to 79th St. | Condominium | 4 Bedrooms, 4.5 Baths | 4,997 ft²

The Surrey Residences, #15A (Douglas Elliman Real Estate)

From the Listing: For nearly 100 years, The Surrey Hotel has been a discreet and cherished enclave for those who shape culture. Today, it is an icon reborn, having undergone an extensive transformation in partnership with world leaders in hospitality and design. Residence 15A is an expansive four-bedroom, four-bathroom home with two powder rooms, offering 4,997 square feet with north, south, east, and west exposures. The entry foyer, adorned with Calacatta Golden marble architraves and Calacatta Golden marble inset borders, leads to a gracious gallery with expansive art walls. See full details here.

The Surrey Residences has no public availabilities.

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#10. One High Line, #EAST20A
Last Ask: $9,565,000

One High Line has 12 public availabilities from $2,515,000.

#9. The Henry, #11EAST
Last Ask: $10,350,000

The Henry has 8 public availabilities from $5,385,000.

#8. 255 East 77th Street, #9A
Last Ask: $10,950,000

255 East 77th Street has 8 public availabilities from $3,450,000.

#7. 520 Fifth Avenue, #PH74
Last Ask: $12,750,000

520 Fifth Avenue has 8 public availabilities from $2,560,000.

#6. 182 East 75th Street, #TH
Last Ask: $13,100,000

#5. 35 Hudson Yards, #8601
Last Ask: $14,950,000

35 Hudson Yards has 9 public availabilities from $4,895,000.

#4. 920 Fifth Avenue, #8A
Last Ask: $17,000,000

920 Fifth Avenue has no public availabilities.

#3. 22 Bank Street, #TH
Last Ask: $19,750,000 (-24%)

#2. 140 Jane Street, #7N
Last Ask: $23,500,000

140 Jane Street has no public availabilities.

#1. The Surrey Residences, #15A
Last Ask: $25,745,000

The Surrey Residences has no public availabilities.

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