Manhattan Sales:
- For the week ending November 15, 2024, $308,997,318 worth of transactions across 152 condo, condop, and cooperative deals were recorded
- 60 condo sales came to an aggregate price of $161,138,906
- Four condop sales came to an aggregate price of $6,328,000
- 88 co-op sales came to an aggregate price of $141,530,412
In this article:
The second full week of November 2024 began with the Veterans’ Day federal holiday on Monday, November 11. This resulted in the city recording fewer real estate sales by default, but some high-priced, high-profile transactions nevertheless took place during this time.
The week's top sale, Residence #21AW at The Cortland, closed for $21,504,250, or just above the $21.5 million asking price when it entered contract in October 2024. Located on one of the uppermost floors of the Robert A.M. Stern-designed condominium, the half-floor home has five bedrooms, five and a half baths, and Juliet balconies overlooking Hudson River and skyline views.
The only other unit on the floor entered contract on the same day as Residence #21AW, but this sale has not yet been recorded. The buyer conducted the transaction through a trust, and it comes at a time when the building is over 75% sold.
The only other unit on the floor entered contract on the same day as Residence #21AW, but this sale has not yet been recorded. The buyer conducted the transaction through a trust, and it comes at a time when the building is over 75% sold.
The Cortland, fall 2024 (CityRealty)
The week's top co-op sale and second most expensive, the triplex Penthouse B at the Emery Roth-designed 39 Fifth Avenue, was not far behind at an even $19,000,000. The seller is listed as an LLC, but Crain's New York Business identified them as AD100 designers/HGTV stars/off-screen husbands Nate Berkus and Jeremiah Brent. The sale was recorded shortly before Mr. Brent's first season on Queer Eye is set to air on Netflix.
Messrs. Berkus and Brent's connection to the penthouse goes back to 2013, when it was still contained to a single floor. They bought the penthouse and Residence #14C one floor below for a total of $5.975 million, combined them into a duplex, and sold it for $9.8 million in 2016, ahead of a move to Los Angeles.
The family moved back to Manhattan in 2019. After a brief stint in a West Village townhouse, they bought their old penthouse back directly from the seller for $8.9 million in September 2021. They also bought Residence #13C directly below for $2.2 million, and combined them into a home large enough to accommodate their two young children.
The family moved back to Manhattan in 2019. After a brief stint in a West Village townhouse, they bought their old penthouse back directly from the seller for $8.9 million in September 2021. They also bought Residence #13C directly below for $2.2 million, and combined them into a home large enough to accommodate their two young children.
The design power couple's next move is not known, but will likely be featured in Architectural Digest, as this penthouse was. The buyer, telecommunications executive Dexter Goei, clearly appreciates this stretch of Greenwich Village: In early 2024, his sale of a double-wide townhouse at 140 West 11th Street, which is just up the street from 39 Fifth Avenue, shattered Downtown records with a price of $72.5 million.
The Tulip Building (CityRealty)
Another of last week's top sales had a connection to a record-breaker: In November 2021, a penthouse in The Tulip Building set a Soho sales record with a $49 million closing price, and beat its own former record of $35.14 million. More recently, Residence #4 comes nowhere close at $14,250,000, but was still good enough for the fourth-highest sale of the week.
Both the buyer and seller were identified through LLCs, though public records show that the buyer is only the second owner of the full-floor unit. The seller makes a generous profit, having paid $5,091,250 for it in April 2011.
Both the buyer and seller were identified through LLCs, though public records show that the buyer is only the second owner of the full-floor unit. The seller makes a generous profit, having paid $5,091,250 for it in April 2011.
944 Fifth Avenue, #8 (Brown Harris Stevens)
The week's top sale outside of a Downtown neighborhood was also the week's third-highest overall: Residence #8 at 944 Fifth Avenue closed for $17,549,000, or $4.45 million below the $22 million ask when it entered contract in August 2024. The sale comes less than four months after media executive Michael Ovitz bought Barbara Walters' apartment two stories down in July 2024.
An obituary for the owner, business executive Bernard Schwartz, notes that he grew up in the Bensonhurst section of Brooklyn; it is not known when he bought this full-floor apartment in a prestigious Fifth Avenue cooperative, nor how much he paid for it. Mr. Schwartz's estate is listed as the seller, and the buyer conducted the transaction through a trust.
An obituary for the owner, business executive Bernard Schwartz, notes that he grew up in the Bensonhurst section of Brooklyn; it is not known when he bought this full-floor apartment in a prestigious Fifth Avenue cooperative, nor how much he paid for it. Mr. Schwartz's estate is listed as the seller, and the buyer conducted the transaction through a trust.
Top Sales
12 East 13th Street, #3 (Douglas Elliman)
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From the Listing:
This expansive home's interior design showcases impeccable craftsmanship, with carefully curated living spaces and meticulous attention to detail in the choice of materials and finishes. Accessed through a private elevator landing, you'll be greeted by a grand entry foyer. As you step inside, industrial glass doors reveal a captivating living and entertainment area bathed in natural light from oversized north-facing windows overlooking 13th Street. The impressive ceiling heights, complemented by hardwood floors, create an atmosphere of spaciousness. Moreover, the residence boasts a private outdoor terrace spanning 807 square feet, complete with an outdoor grill, providing an elevated living experience for enjoyable al fresco cooking and dining.
This expansive home's interior design showcases impeccable craftsmanship, with carefully curated living spaces and meticulous attention to detail in the choice of materials and finishes. Accessed through a private elevator landing, you'll be greeted by a grand entry foyer. As you step inside, industrial glass doors reveal a captivating living and entertainment area bathed in natural light from oversized north-facing windows overlooking 13th Street. The impressive ceiling heights, complemented by hardwood floors, create an atmosphere of spaciousness. Moreover, the residence boasts a private outdoor terrace spanning 807 square feet, complete with an outdoor grill, providing an elevated living experience for enjoyable al fresco cooking and dining.
1 Available Listing for Sale for $6,500,000
The Tulip Building, #4
944 Fifth Avenue, #8 (Brown Harris Stevens)
From the Listing:
There are extraordinary apartments on Fifth Avenue, but this is one of the best offered in decades. The 8th floor of 944 Fifth Avenue has three rooms overlooking Central Park; the large living room, library, and corner bedroom. The principal bedroom is a suite of two rooms and a double-sized primary bathroom. There are 2-3 additional bedrooms, with en-suite bathrooms, depending upon how one uses the space. The dining room, which is large and square, is accessed by the gracious foyer and from the living room.
There are extraordinary apartments on Fifth Avenue, but this is one of the best offered in decades. The 8th floor of 944 Fifth Avenue has three rooms overlooking Central Park; the large living room, library, and corner bedroom. The principal bedroom is a suite of two rooms and a double-sized primary bathroom. There are 2-3 additional bedrooms, with en-suite bathrooms, depending upon how one uses the space. The dining room, which is large and square, is accessed by the gracious foyer and from the living room.
1 Available Listing for Sale for $28,500,000
39 Fifth Avenue
The Cortland, #21AW (Core Group Marketing LLC)
From the Listing:
The Cortland represents a unique collaboration between two architectural icons, Robert A.M. Stern Architects and Olson Kundig. Residence #21AW is 4,091 square feet with five bedrooms and five 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 with a fireplace and Juliet balcony, a windowed eat-in kitchen with a custom Olson Kundig-designed Jackbox, warm wood flooring, and floor-to-ceiling windows. The primary bedroom suite offers a fireplace and double walk-in closets.
The Cortland represents a unique collaboration between two architectural icons, Robert A.M. Stern Architects and Olson Kundig. Residence #21AW is 4,091 square feet with five bedrooms and five 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 with a fireplace and Juliet balcony, a windowed eat-in kitchen with a custom Olson Kundig-designed Jackbox, warm wood flooring, and floor-to-ceiling windows. The primary bedroom suite offers a fireplace and double walk-in closets.
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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