The week between Christmas and New Year's is typically a quiet one -- Olshan Realty's luxury market report only logged 10 contracts priced $4 million and up in Manhattan for 2023, as compared to 13 in 2022 -- and the timing of the Christmas holiday abbreviated the business week for December 25-31, 2023. However, a number of notable contracts were nevertheless signed during this time.
The top contract took place at the Robert A.M. Stern-designed 15 Central Park West, where Residence #3B entered contract with an asking price of $18,500,000. Located in the House component of the limestone-clad condominium, the three-bedroom, three and a half-bath home measures 3,150 interior square feet and enjoys 32 feet of Central Park frontage. Acris records list the buyer as a trust linked to Voya Financial chairman and chief executive Rodney O. Martin Jr. and indicate that if the apartment closes at ask, he stands to make a generous profit: He bought it from the sponsor for $8,146,000 in December 2007.
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It was trailed slightly by Penthouse A at Mandarin Oriental Residences Fifth Avenue, which was asking $16,500,000, up from $15 million when the building launched sales in 2022. The two-bedroom, two and a half bath condo opens up to a 95-square-foot private terrace and comes fully furnished and outfitted with dishes in the kitchen, Frette linens in the bedroom, and high-end toiletries in the baths. The buyer was identified only as a domestic resident who frequently visits New York.
In Brooklyn's highest contract and the week's fourth-highest overall, Penthouse #3A at Quay Tower entered contract with an asking price of $9,850,000. The half-floor penthouse is reached via private high-speed elevator and features four bedrooms plus media room, three and a half baths, 3,553 interior square feet, and stunning views of the Manhattan skyline and New York Harbor. It was initially listed for $9.675 million in spring 2022, but re-entered the market at the current asking price in March 2023. The building enjoys a number of exclusive amenities, and another great perk is its address at the foot of Brooklyn Bridge Park, one of the borough's most beautiful green spaces.
#10. 393 West End Avenue, #10B
Last Ask: $4,550,000
Riverside Dr./West End Ave. | Condominium | 3 Bedrooms, 2.5 Baths | 2,054 ft2
393 West End Avenue, #10B (Brown Harris Stevens Development Marketing LLC)
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#9. 362 State Street, #1
Last Ask: $5,250,000
Boerum Hill | Condominium | 4 Bedrooms, 3.5 Baths | 3,554 ft2
362 State Street, #1 (Park Property Advisors)
#8. One High Line, #EAST17F
Last Ask: $5,450,000
Chelsea | Condominium | 2 Bedrooms, 2.5 Baths | 1,657 ft2
One High Line, #EAST17F (Corcoran Group)
#7. The Clarendon, #7D
Last Ask: $6,950,000
Riverside Dr./West End Ave. | Cooperative | 5 Bedrooms, 3.5 Baths | 4,317 ft2
The Clarendon, #7D (Corcoran Group)
#6. Lantern House, #1903
Last Ask: $6,995,000 (-9.7%)
Chelsea | Condominium | 3 Bedrooms, 3 Baths | 2,737 ft2
Lantern House, #1903 (Corcoran Group)
#5. The Cortland, #14CW
Last Ask: $9,500,000 (+5.6%)
Chelsea | Condominium | 3 Bedrooms, 4 Baths | 2,430 ft2
The Cortland, #14CW (CORE Group Marketing LLC)
#4. Quay Tower, #PH3A
Last Ask: $9,850,000
Brooklyn Heights | Condominium | 4 Bedrooms, 4 Baths | 3,553 ft2
Quay Tower, #PH3A (Serhant LLC)
#3. 17 East 63rd Street, #FL3/4
Last Ask: $10,000,000
Park/Fifth Ave. to 79th St. | Cooperative | 3 Bedrooms, 3.5 Baths | 4,155 ft2
17 East 63rd Street, #FL3/4 (Douglas Elliman Real Estate)
#2. Mandarin Oriental Residences Fifth Avenue, #PHA
Last Ask: $16,500,000
Midtown East | Condominium | 2 Bedrooms, 2.5 Baths
Mandarin Oriental Residences Fifth Avenue, #PHA (Douglas Elliman Real Estate)
#1. 15 Central Park West, #3B
Last Ask: $18,500,000
Central Park West | Condominium | 3 Bedrooms, 3.5 Baths | 3,142 ft2
15 Central Park West, #3B (Douglas Elliman Real Estate)
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