East Village townhouse tied to "General Slocum" tragedy finds buyer as Manhattan contract signings continue upward trend

By CityRealty Staff | From Great Listings Monday, January 29, 2024

50 West 66th Street, 760 Madison Avenue, and 64 East 7th Street were among the top contracts signed in NYC last week

January 2024 has not drawn to a full close yet, but it has already been a robust time for Manhattan's real estate market. CityRealty data shows that 559 contracts have been signed in January 2024, surpassing January 2023's total of 524. Meanwhile, Olshan Realty's luxury market report notes that contracts for 25 units priced $4 million and up were signed from January 22-28, 2024, making it the biggest week in luxury contracts since early October 2023, when 26 contracts were signed.

Leading the charge by a comfortable margin was Residence #9 at The Giorgio Armani Residences, which entered contract with an asking price of $25,000,000. Like all condos on top of the forthcoming Giorgio Armani flagship on Madison Avenue, this full-floor, five-bedroom home with private elevator landing features interiors by Mr. Armani, soaring ceilings, oversized windows, chef's kitchen with Gaggenau appliances, and, appropriately enough, extremely generous closet space in all the bedrooms. The first interior renderings were unveiled in September 2023, and the boutique building is reportedly 50% sold.

The second-highest contract was for another five-bedroom condo, this one Residence #17FG at 50 West 66th Street, asking $16,500,000. Few details about the interiors are available, but the buyer will enjoy expansive views and abundant light from floor-to-ceiling windows facing south and west, as well as access to a 50,000-square-foot luxury amenity package.

At 775 feet high, 50 West 66th Street has outstripped the nearby, 668-foot-high 200 Amsterdam Avenue as the tallest building on the Upper West Side. However, the latter remains in demand -- the four-bedroom Residence #29A had the third-highest contract with an asking price of $14,495,000.

64 East 7th Street, #TH, the historic house and top townhouse contract (Douglas Elliman)

Meanwhile, it was a good week for Manhattan townhouses, which accounted for three of the top ten contracts. The top townhouse contract and fourth-highest overall was for 64 East 7th Street, which was asking $12,500,000, down $1 million from the initial asking price of $13,500,000. The Greek Revival townhouse took shape in 1840 as the parsonage for the nearby Evangelical Lutheran Church of St. Mark (now the Sixth Street Community Synagogue, per Jeremiah's Vanishing New York); Reverend George Haas and his family lived there.

The church tragically lost the majority of its congregation, Reverend Haas' wife and daughter among them, in a 1904 fire aboard the PS General Slocum steamship en route to a church picnic on Long Island. With 1,021 deaths among the 1,342 people on board, the event was considered the worst maritime disaster until the Titanic sank and New York's worst disaster until 9/11. Many remaining parishioners left the East Village for Yorkville to escape the painful memories, and pro-Communist newspaper Russky Golos ("Russian Voice") moved into the house. In 1920, publisher Alexander Brailovsky was arrested at the offices following a Wall Street bombing that killed more than 30 people; however, he was soon released and the crime was never solved.

General Slocum (Unknown author - The National Archives General Slocum Disaster, Public Domain, https://commons.wikimedia.org/w/index.php?curid=8379480)

In the decades that followed, the General Slocum tragedy faded in memory and the Beat Generation came to the forefront in the late 1950s and early 1960s, as the building became home to coffeehouses like the Cart Wheel and Les Deux Mégots (a play on the famous Parisian café). Poets like Allen Ginsberg and Ed Sanders read at Les Deux Mégots; it also became a site of political activism with speakers like William F. Buckley and Paul Krassner giving talks on current events.

Over the next few decades, the Beat Generation gave way to hippie and punk scenes, and 64 East 7th Street followed suit. In 1962, The Paradox, the city's first macrobiotic restaurant, opened in the building; Yoko Ono and Loudon Wainright III were among the early employees. In the 1970s, after The Paradox moved out, Book Row mainstay Books 'N Things moved in and Patti Smith was rumored to have shopped there.

After Books 'N Things closed in the 1990s, the most notable tenant to move into the space was designer consignment shop Tokio 7; after it moved to larger quarters down the street, 64 East 7th Street was turned into a single-family home with a full gut renovation and rooftop addition. It sold for $5,700,000 in May 2008; eleven years later, entrepreneur Bill Joy bought the house for $15,750,000.

The surrounding area was designated the East Village/Lower East Side Historic District in 2012. 64 East 7th Street itself was designated an individual landmark in August 2020, and was the subject of a genre-mixing concept album and a lengthy profile in The New York Times in spring 2023.

3 Riverside Drive, #TH (Compass)

Further uptown, 3 Riverside Drive also entered contract last week. The French Renaissance Revival mansion dates back to 1895, when it was built by C.P.H. Gilbert and was once the home of philanthropist William Guggenheim. More recently, the former owners embarked on an extensive renovation to include a suite of amenities like a pool, partial basketball court, spa, home gym, movie screening room, and game room.

Public records show that the most recent owners bought the house for $18,500,000 in April 2017. Its most recent asking price of $9,995,000 represents a $3 million reduction from when it was listed at the beginning of January 2023, but was nevertheless good enough for the week's second-highest townhouse contract, and to tie with a NoMad condo for the fifth-highest contract overall of the week. The intrepid buyer has not been identified.

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Top 10 Contracts by Last Ask Price

#10. 443 Greenwich Street, #1D
Last Ask: $7,800,000

Tribeca | Condominium | 3 Bedrooms, 4 Baths | 3,105 ft²

443 Greenwich Street, #1D (Compass)

From the Listing:
Nestled in Tribeca, this residence stands out for its generous space, premium finishes, prime location, and unmatched privacy. Step into your meticulously crafted 3,150-square-foot home, where every detail reflects sophistication. The private foyer welcomes you with limestone inset flooring and a handcrafted blackened steel feature wall. This expansive layout encompasses 3 generously sized bedrooms, a den/family room, and 4 bathrooms. Abundant natural light flows through oversized windows with south/east/west exposure. Lofted ceilings showcase original Carolina yellow pine beams and columns from 1882, complemented by stunning 8-inch wide white oak floors. A spacious laundry room features a vented Electrolux full-size washer and dryer, utility sink, and storage. Experience culinary delights in your impressive Christopher Peacock custom-designed kitchen. See floor plan and full details here.

443 Greenwich Street has 1 public availability asking $28,000,000.

#9 (tie).182 Sullivan Street, #TH
Last Ask: $8,495,000

Greenwich Village | Townhouse | 4 Bedrooms, 4.5 Baths | 5,075 ft²

182 Sullivan Street, #TH (Compass)

From the Listing: Welcome to 182 Sullivan Street located in the heart of Greenwich Village within the famed MacDougal-Sullivan Gardens. Fondly known as “The Gardens” and steeped in history, this exceptional and tranquil private garden enclave is a collection of 22 townhouses situated between MacDougal and Sullivan streets, with Houston Street and Bleecker Street as its borders, originally emerged as an artistic community in the late 1880s. Measuring 22’5 wide, this townhouse's versatile layout allows for a single-family conversion, or its current configuration as an upper and lower duplex. The lower duplex of this home encompasses both the garden and parlor levels. The upper duplex, spanning the third and fourth floors, epitomizes elegance and functionality. See floor plan and full details here.

#9 (tie). 45 Walker Street, #2
Last Ask: $8,495,000

Tribeca | Condominium | 3 Bedrooms, 3.5 Baths | 4,781 ft²

45 Walker Street, #2 (Compass)

From the Listing: Massive double-wide full floor condo loft with 3 bedrooms (possible 4), 3.5 baths with approximately 4,800-square-foot loft, 13-foot ceilings, a wood-burning fireplace, a library/media room and separate office set within a historic pre-war 19th century warehouse building. Enter through the key locked elevator to a vast 45 ft living space with a stretch of oversized mahogany windows, architectural cast iron columns and 5 inch wide-planks of darkened hardwood floors and a wood-burning fireplace. Gallery walls with custom lighting are perfect for displaying large works of art along with a home theater with a 112” screen and projector. See floor plan and full details here.

45 Walker Street has no public availabilities.

#8. 925 Park Avenue, #5/6C
Last Ask: $8,750,000

Carnegie Hill | Cooperative | 5 Bedrooms, 4.5 Baths

925 Park Avenue, #5/6C (Sotheby's International Realty)

Corner living room with fireplace and beamed ceiling

Entrance foyer with staircase and access to entertaining rooms

From the Listing:
This rarely available 5-bedroom, 4.5-bath duplex defines perfection offering all the benefits and grandeur of townhouse living along with the conveniences and services of a distinguished, luxury Park Avenue cooperative. Simply stated, this incredible home, designed by renowned interior decorator, Alexa Hampton, has it all.

Enter through the elegant gallery to a gracious living room with a wood burning fireplace and corner windows facing east and south over the beautiful tree-lined townhouse block of East 80th Street. An adjacent library with an additional fireplace and large windows facing south provide a great expanse for large gatherings or pocket doors allow for privacy creating the perfect media room for modern living. The impressive square dining room completes the entertaining portion of this exquisite home. See floor plan and full details here.

925 Park Avenue has no public availabilities.

#7. 950 Park Avenue, #11B
Last Ask: $8,850,000

Carnegie Hill | Cooperative | 6+ Bedrooms, 5 Baths

950 Park Avenue, #11B (Douglas Elliman Real Estate)

From the Listing: Exceptional, high floor, 12 into 10-room residence in the heart of the Upper East Side. This stunning, corner home boasts grand proportions, a flexible layout, and excellent light all day. At approximately 4,500 square feet, the home is currently configured as a 5-bedroom, 5-bathroom home, with additional, library and study. A private landing leads to a central foyer from which the living room, dining room, kitchen and library are accessed. The corner living room and adjacent dining room face east and north, and measure a fantastic 52 feet in length, with giant picture windows over Park Avenue and 82nd street. The windowed, eat-in kitchen has a separate breakfast area and laundry. A storage unit transfers with the apartment. See floor plan and full details here.

950 Park Avenue has 2 public availabilities from $5,950,000.

#6. The New Museum Building, #11B
Last Ask: $9,250,000

SoHo | Condominium | 3 Bedrooms, 4 Baths | 4,671 ft²

The New Museum Building, #11B (Sothebys International Realty)

From the Listing: As soon as you enter, you are welcomed to an extremely airy and bright open entertaining space. This mint condition loft has overall approximately 4,671 square feet where every single room is flooded with natural light featuring 11' ceilings and oak hardwood floors throughout the entire apartment. This loft features a wood-burning fireplace, separate wet bar with temperature-controlled wine storage and top-of-the-line kitchen appliances along with stone island. There are 3 well-appointed bedrooms with 3.5 baths in this coveted home. See floor plan and full details here.

The New Museum Building has no public availabilities.

#5 (tie). 3 Riverside Drive, #TH
Last Ask: $9,995,000 (-23.1%)

Riverside Dr./West End Ave. | Townhouse | 6+ Bedrooms, 6+ Baths | 10,714 ft²

3 Riverside Drive, #TH (Compass)

From the Listing: Gilded Age pedigree meets contemporary high design in this spectacular Riverside Drive townhouse. Steward a gem of the Gilded Age into the future. This estate, built by C.P.H. Gilbert in 1895 and once the residence of William Guggenheim, offers breathtaking proportions alongside its storied history. It has a 37-foot wide footprint, up to 24ft high ceilings, and open sky views. Starting in 2017, the former owners started an epic renovation, including adding an expansive 6,000-square-foot, 3-floor entertaining space that rivals the amenities of a full-service luxury building. Plans include modernizing all 6 above-grade stories, including a 2,500-square-foot two-story primary suite with two spa baths and a duplex closet, and a marble-clad chef’s kitchen. Enjoy the park and river views from the roof deck and 4 additional terraces. See floor plan and full details here.

#5 (tie). 10 Madison Square West, #8E
Last Ask: $9,995,000 (-4.8%)

Flatiron/Union Square | Condominium | 3 Bedrooms, 4 Baths | 2,871 ft²

10 Madison Square West, #8E (Engel & Volkers New York Real Estate LLC)

From the Listing: Overlooking Madison Square Park, this exquisite 2,871-square-foot, three-bedroom, three-and-a-half bathroom residence is situated on the highest floor of one of the most sought-after layouts at 10 Madison Square West. An expansive gallery leads you to a bright and spacious corner great room overlooking Madison Square Park. Rare floor-to-ceiling windows, offering three exposures provide breathtaking views over the tree line of Madison Square Park, and the city skyline, which includes iconic landmarks such as the MetLife Clock Tower and New York Life Building. The open-concept windowed chef's kitchen features elegant white SieMatic cabinetry, Bianco Carrera marble countertops, and top-of-the-line appliances from Sub-Zero, Miele, and Wolf. See floor plan and full details here.

10 Madison Square West has 3 public availabilities from $5M.

#4. 64 East 7th Street, #NA
Last Ask: $12,500,000 (-7.4%)

East Village | Townhouse | 4 Bedrooms, 5.5 Baths | 7,500 ft²

64 East 7th Street, #NA (Douglas Elliman Real Estate)

From the Listing: Historic elegance meets modern sophistication in this magnificent, impeccably gut-renovated 25-foot wide, 5-story mansion located in the vibrant East Village. Erected circa 1840, the building since served as a parsonage for St. Mark's Evangelical Lutheran Church, and later became home of a radical press, commune, the world's first macrobiotic restaurant, a coffee shop, and a bookstore/hangout for poets and creatives. More recently the 7,500 square foot jewel was meticulously restored and transformed into a prized single-family residence with 5 stories of stunning living space connected by stairs and an elevator, an additional full basement, and generous outdoor space with a parlor floor terrace, third floor balcony, remarkable rooftop terrace and a sunny south-facing garden.

The handsome brick building also boasts a planted forecourt, brownstone base, and exquisite cornice heightening curb appeal. Interiors are finely finished and tastefully designed, featuring striking elements throughout like gorgeous wood beamed ceilings, rich wood floors, oversized windows bathing rooms in floor-through natural light, warm exposed brick, 7 fireplaces, tasteful built-ins, and fabulous moldings and millwork. State-of-the-art electronics include Gigabit Ethernet and advanced WiFi, Crestron home and AV control, Lutron lighting, a newly upgraded alarm and monitoring system, and even an Elevator UPS to provide power the elevator in case of a blackout. See floor plan and full details here.

#3. 200 Amsterdam, #29A
Last Ask: $14,495,000

Lincoln Center | Condominium | 4 Bedrooms, 4.5 Baths | 3,622 ft²

200 Amsterdam, #29A (Brown Harris Stevens Residential Sales LLC)

From the Listing: Accessed via a semi-private landing, this 3,622-square-foot, four-bedroom, four and a half-bath condominium offers an elegant, modern plan and spectacular views from every room within. In addition, a terrace, nearly seventy feet in length, is located directly off the living room, primary bedroom, and bedrooms two and three. A gracious foyer and gallery lead to the stunning corner living and dining area with 10' ceilings, French White Oak floors in a chevron pattern and soaring, floor-to-ceiling windows framing spellbinding views of Central Park and the Midtown skyline. Innovative sliding glass doors allow for the option of an open or closed eat-in kitchen which has exposures to the south and west. See floor plan and full details here.

200 Amsterdam Avenue has 8 public availabilities from $3,100,000.

#2. 50 West 66th Street, #17FG
Last Ask: $16,500,000

Central Park West | Condominium | 5 Bedrooms, 5.5 Baths | 4,510 ft²

50 West 66th Street, #17FG (Corcoran Group)

From the Listing: 50 West 66th Street, slated to be one of the tallest and most important residential buildings that will transform the Upper West Side and the New York City skyline. House residence 17FG is a 4,510 interior square feet, 5-bedroom 5.5-bath home. Spectacular New York City skyline views with south and west exposures. 11'6" ceilings, and floor-to-ceiling windows. See floor plan and full details here.

50 West 66th Street has 8 public availabilities from $4,600,000.

#1. The Giorgio Armani Residences, #9
Last Ask: $25,000,000

Park/Fifth Ave. to 79th St. | Condominium | 5 Bedrooms, 5.5 Baths | 4,530 ft²

The Giorgio Armani Residences, #9 (Douglas Elliman Real Estate)

From the Listing: The Ninth Floor residence is an expansive full-floor five-bedroom, five and half-bath realm of luxury spanning 4,530 square feet. The elegantly appointed contemporary interiors feature white oak flooring in a custom Parquet de Versailles pattern, soaring 10' ceilings, and 8' tall oversized windows, marrying classic Upper East Side luxury with a sophisticated modern sensibility. This home is flooded with light and has open city views east, south, and north. A private elevator landing opens to the elegant entry foyer and formal gallery clad in Gascogne Beige honed Limestone floors with Gascogne Blue accents. An unparalleled 30'6 x 19' grand living room is complemented by a study/library that can easily transform into your fifth bedroom and bath. The formal dining room flows gracefully into the windowed eat-in contemporary chef's kitchen custom designed in Italy by Molteni for Giorgio Armani. See floor plan and full details here.

The Giorgio Armani Residences has 3 public availabilities from $23,500,000.

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Top 10 Contracts by Last Ask Price

#10. 443 Greenwich Street, #1D
Last Ask: $7,800,000

443 Greenwich Street has 1 public availability asking $28,000,000.

#9 (tie).182 Sullivan Street, #TH
Last Ask: $8,495,000

#9 (tie). 45 Walker Street, #2
Last Ask: $8,495,000

45 Walker Street has no public availabilities.

#8. 925 Park Avenue, #5/6C
Last Ask: $8,750,000

925 Park Avenue has no public availabilities.

#7. 950 Park Avenue, #11B
Last Ask: $8,850,000

950 Park Avenue has 2 public availabilities from $5,950,000.

#6. The New Museum Building, #11B
Last Ask: $9,250,000

The New Museum Building has no public availabilities.

#5 (tie). 3 Riverside Drive, #TH
Last Ask: $9,995,000 (-23.1%)

#5 (tie). 10 Madison Square West, #8E
Last Ask: $9,995,000 (-4.8%)

10 Madison Square West has 3 public availabilities from $5M.

#4. 64 East 7th Street, #NA
Last Ask: $12,500,000 (-7.4%)

#3. 200 Amsterdam, #29A
Last Ask: $14,495,000

200 Amsterdam Avenue has 8 public availabilities from $3,100,000.

#2. 50 West 66th Street, #17FG
Last Ask: $16,500,000

50 West 66th Street has 8 public availabilities from $4,600,000.

#1. The Giorgio Armani Residences, #9
Last Ask: $25,000,000

The Giorgio Armani Residences has 3 public availabilities from $23,500,000.

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