101 Warren Street, #3210/3240 (Douglas Elliman)
Park House Chelsea, Selldorf Architects’ second West Chelsea project, is located on the corner of Tenth Avenue and West 22nd Street by the High Line and across from Clement Clarke Moore Park. Sales got off to a respectful start, but the last two sponsor units (including a penthouse with a private roof deck) have remained stubbornly on the market in the face of flashier, more amenity-rich new buildings and mortgage rates that have risen since the spring 2021 sales launch. The sponsor has sought to sweeten the deal by offering prepaid memberships at high-end gyms in the neighborhood with purchase and, most recently, has reduced prices on the last two availabilities in the hopes of selling out the building.
Park House #PHW, recently reduced to $9.25 million (Compass)
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The units at Park House Chelsea were among approximately 250 condos, co-ops, condops, and townhouses throughout New York that experienced price reductions from April 2-8, 2024. These also included 34 West 11th Street, the Greek Revival-style townhouse where Warner Bros. Discovery CEO David Zaslav negotiated the merger of Discovery with WarnerMedia in spring 2021. It was recently reduced by over $4 million to $20,900,000, but Mr. Zaslav still stands to make a profit, having bought it for $11.8 million in October 2016 (per Acris).
34 West 11th Street (Brown Harris Stevens); David Zaslav (Flickr - Thomas Hawk)
Further downtown, a penthouse at 101 Warren Street linked to “taxi king” Simon Garber, whose companies are some of the city’s largest taxi medallion owners, also saw its price reduced. In 2014, around the time Mr. Garber agreed to pay restitution and fines for overcharging cab drivers for leasing vehicles from his firm, he listed the condo for $27 million. It has been on and off the market at various prices ever since, as high as $30 million at one point, and the most recent price cut brings it down to $15,000,000 as it is marketed for sale by private auction.
These notable listings, as well as a full chart of last week’s price cuts, may be seen below. Please be advised that all quoted figures reflect cumulative price cuts as opposed to the most recent reductions.
Park House Chelsea, #2A (Compass)
From the Listing: This surprisingly quiet, corner three-bedroom, three-and-a-half bathroom home boasts about 45 feet of frontage with views towards the park as well as obliquely towards a heavily treed section of the High Line Park that provides privacy. The elevator door opens directly into Residence 2A that features a gracious entry gallery with a large coat closet that leads you to the generously scaled living/dining room featuring 30 feet of Park-facing frontage. The semi-open chef’s kitchen features Bulthaup cabinetry, natural aluminum full height cabinets, and under-counter cabinetry. Prepaid five-year membership at Chelsea Piers or Equinox included. Sponsor is providing a three-year tax abatement. See floor plan and full details here.
The Gemstone, #8B (Corcoran Group)
From the Listing: Welcome to Residence #8B, a high floor classic prewar corner one bedroom condominium, in a Bing & Bing building featuring a sensational common roof deck. Enter the apartment via a gallery-like foyer housing two expansive closets which then leads to an enlarged threshold into the generously-sized living/dining room with hardwood oak floors, high beam ceilings, and bright south exposure. Adjacent to the living room is a south-facing updated windowed kitchen. See floor plan and full details here.
One Brooklyn Bridge Park, #337 (Compass)
From the Listing: The perfect Brooklyn Heights designer apartment boasts approximate 1,709 square feet of fabulous space, soaring 13-foot-high ceilings and the most fantastic ~900-square-foot private roof terrace along with dramatic views of the iconic Manhattan skyline, Brooklyn Bridge Park and river views. The spacious primary bedroom features a stunning en-suite bathroom with a deep soaking tub and a glass enclosed stall shower. The second and third bedrooms faces views of the terrace. Storage cage located on the same floor. See floor plan and full details here.
205 East 10th Street, #2E (Douglas Elliman)
From the Listing: This quintessential pre-war boho mini-loft one-bedroom can be the perfect home for lovers of eclectic downtown culture, or serve as the ultimate canvas to update to a sleek modern home. Showcasing high ceilings, a king-sized bedroom, plus endearing original details such as two archways, original moldings and hardwood floors, and wainscoted windowed bathroom with generously-sized tub, #2E offers excellent space and plenty of peace and quiet thanks to being rear-facing away from the street. Live as is or bring your contractor! See floor plan and full details here.
34 West 11th Street, #TH (Sotheby's International Realty)
From the Listing: 34 West 11th Street is a beautiful 22’ wide townhouse in the iconic ‘Gold Coast’ neighborhood in Green Village, between Fifth and Sixth avenues. This Greek-Revival style home has undergone a 5 year renovation, and is a 5-bedroom/5+ bath home with a fully finished basement, elevator, and 3 private outdoor spaces. This 5-floor home features 2 gas fireplaces, custom millwork throughout, wide plank oak flooring, and a stunning garden for unlimited entertaining purposes. Bring your designer and vision to customize the finishing touches to your dream home! See floor plan and full details here.
3 East 77th Street, #9A (Brown Harris Stevens)
From the Listing: Light streams into this high floor 2-bed/2-bath with open north, south and east City views in one of New York’s most prestigious coops designed by the preeminent architect, Rosario Candela. Taken down to the studs, all of the windows, as well as the plumbing and electric and through-the-wall ACs, have been replaced, The kitchen has been outfitted with a Wolf gas stove, Sub-Zero refrigerator and Miele dishwasher. The building has a 24-hour doorman, maid and laundry service, rooftop exercise room, rooftop garden, and private restaurant The Candela. See floor plan and full details here.
10 Lenox Avenue, #4C (Nest Seekers LLC)
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From the Listing: Revel in the luminous living and dining area with wraparound windows offering expansive north and west views. The residence boasts a spacious kitchen with a pantry and breakfast bar, while the sumptuous primary suite has a custom-fitted walk-in closet. Luxe touches include multi-zoned heating and cooling, pre-wiring for TVs and cable, a Bosch washer/dryer, and custom-paneled Bosch kitchen appliances. Storage unit included with residence. Seller says sell! See floor plan and full details here.
150 East 61st Street, #5G (Coldwell Banker Warburg)
From the Listing: Enter Residence #5G through the welcoming foyer into a light-filled living room over 30 feet long with oversized windows and wide open city views. Just off the living room is a charming windowed dining room that can easily be converted into a third bedroom or home office. The kitchen is right off the flex home office. The split-bedroom design offers the perfect blend of space and privacy. Motivated seller! See floor plan and full details here.
67 Remsen Street, #TH (Leslie J. Garfield)
From the Listing: This luxurious home was completely gut renovated and designed by renowned architects ROART. Features include a continuous brownstone facade, sunken mansion entry, Tri-Lox white oak wide plank flooring throughout, and a commercial-grade elevator servicing all floors from the basement to the roof. This home consists of 4 to 5 bedrooms, five full bathrooms, and two powder rooms. Gracious ceiling heights, oversized windows, and an enormous skylight flood the house with light on every floor. See floor plan and full details here.
101 Warren Street, #3210/3240 (Douglas Elliman)
From the Listing: Designed by renowned interior designer Richard Mishaan, this stunning condominium duplex boasts two full floors of lavishly appointed living space with breathtaking views of the city skyline, One World Trade, and the Hudson riverfront. Step inside to be greeted by a grand staircase leading to a 65-foot-long great room illuminated by dramatic lighting. Host gatherings in the seductive dining room for 20, or indulge your culinary skills in the state-of-the-art chef’s kitchen equipped with top-of-the-line appliances. Enjoy a generous 6,300 square feet of mansion living, complemented by an astounding 2,450 square feet of outdoor entertaining space featuring two wraparound loggia terraces.
Please note that the above-referenced price reflects the Reserve Price for the property, which is being marketed for sale by luxury private auction. Bidding is open now through June 4th. Seller reserves the right to accept or reject bids. See floor plan and full details here.
Please note that the above-referenced price reflects the Reserve Price for the property, which is being marketed for sale by luxury private auction. Bidding is open now through June 4th. Seller reserves the right to accept or reject bids. See floor plan and full details here.
Magnolia Mansion Lofts, #5F (Sotheby's International Realty)
From the Listing: This newly renovated duplex loft, showcasing over 1,250 square feet of thoughtfully designed living space, offers hardwood floors, in-unit washer/dryer, and a meticulously updated interior with new bathroom and kitchen finishes. The first floor encompasses a grand living room, an open kitchen, a full bathroom, and four large north-facing windows. Ascend the stairs to discover the primary and guest bedrooms/home office and the primary bathroom. See floor plan and full details here.
The Wales, #4C (Corcoran Group)
From the Listing: This light-filled residence has approximately 9.5’ ceilings, is pin-drop quiet, and enjoys a southern exposure over 92nd Street and Madison Avenue. The spacious living and dining rooms have architectural coffered ceilings. The custom-designed kitchen is perfect for at-home gourmets, with crystal gray calcite slab countertops and backsplashes and appliances integrated into the custom cabinetry, including a Sub-Zero refrigerator and wine storage. See floor plan and full details here.
419 East 57th Street, #MW (Corcoran Group)
From the Listing: Come see this fabulous, renovated 4-bedroom, 3.5-bathroom duplex maisonette! A private street entrance leads to a gracious foyer, large living room, dining room, powder room, and chef’s kitchen, the perfect layout for entertaining.
A beautiful curved staircase with detailed metal balustrades off the living room leads you to the second floor landing where you will find the primary bedroom with an en-suite bath along with 3 other bedrooms and 2 baths. See floor plan and full details here.
455 West 20th Street, #PH (Compass)
From the Listing: Situated atop a boutique, 20-residence building, and occupying the entire top floors, the penthouse is a story of scale, space, privacy, light, and charm. It spans nearly 4,000 square feet inside with more than 900 square feet of highly usable terrace space across two terraces. Enter into a gracious foyer and spill into the large, triple-exposure living room, surrounded by a wraparound terrace and featuring a wood-burning fireplace, custom millwork, impeccable herringbone flooring, and unmatched southern light. The chef’s kitchen is equipped with appliances by Wolf, Miele, and a dual Sub-Zero, two dishwashers, two wine refrigerators, stunning marble countertops and custom oak cabinetry. See floor plan and full details here.
5th on the Park, #25A (Douglas Elliman)
From the Listing: Apartment 25A allows you to enjoy all-day sunshine and breathtaking views from large windows in every room. The spacious kitchen has top-of-the-line finishes, granite countertops, stainless-steel GE appliances, a breakfast bar, and tons of cabinet space. The impressive living room spans 25 feet and, with a separate dining area, you have an ideal space for entertaining or a quiet night at home. Tax abatement in effect through 2034. See floor plan and full details here.
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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