On the first full business week of January 2024, contract signings were up 25% by aggregate sales from the previous week, which was abbreviated due to the New Year's Day holiday. The week of January 8-14, 2024 was an especially good one for West Chelsea skyline standout One High Line, where a total of $64,280,000 in contracts was signed. Leading the charge in the building, and indeed all of Manhattan, was a full-floor penthouse in the East Tower asking $49,000,000. The contract comes over six months after a penthouse in the west tower entered contract with a $52,000,000 asking price, and on the same week a three-bedroom in the west tower had the sixth-highest contract with a $9,530,000 asking price.
The apartments in the East Tower are situated on top of Faena Hotel's first New York outpost, and residents of both towers will enjoy access to the hotel's amenities and services. They will also enjoy residents-only amenities like a fitness center, 75-foot lap pool, game room, children's playroom, and private dining room.
The apartments in the East Tower are situated on top of Faena Hotel's first New York outpost, and residents of both towers will enjoy access to the hotel's amenities and services. They will also enjoy residents-only amenities like a fitness center, 75-foot lap pool, game room, children's playroom, and private dining room.
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In a statement to The Wall Street Journal, Alex Witkoff of co-developer Witkoff Group attributed One High Line's success to demand for large residences and a scarcity of family-sized apartments in downtown Manhattan. But for some families, even the largest penthouse isn't big or private enough: The second-highest contract of the past week was for 8 East 63rd Street, a five-story brick house asking $27,995,000 and featured in Emmy-nominated HBO mini-series The Undoing. Olshan Realty's luxury market report notes that it has been on and off the market since 2019 and started as high as $35,000,000.
According to the listing, the house was built by acclaimed architect C.P.H. Gilbert for lawyer/former British ambassador Joseph Hodges Choate to mirror an 18th-century English townhouse. Daytonian in Manhattan notes that he and his wife Caroline entered titled British in the townhouse, and that Mrs. Choate continued to live there after her husband's death in 1917. Following Mrs. Choate's death in 1929, it was owned by members of the Woolworth and Maytag families. The most recent buyer has not been identified, nor have their plans for the house, but a single-family conversion would not be unexpected. It is currently configured as two apartments and a ground-floor dentist's office.
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#10. 35 Hudson Yards, #5801
Last Ask: $5,995,000
Midtown West | Condominium | 3 Bedrooms, 3.5 Baths | 2,453 ft2
35 Hudson Yards, #5801 (Corcoran Group)
#9. Lantern House, #1010
Last Ask: $6,875,000
Chelsea | Condominium | 3 Bedrooms, 3.5 Baths | 2,419 ft2
Lantern House, #1010 (Corcoran Group)
#8. The Wales, #7A
Last Ask: $8,075,000
Carnegie Hill | Condominium | 4 Bedrooms, 4.5 Baths | 2,936 ft2
The Wales, #7A (Corcoran Group)
#7. 165 Charles Street, #21
Last Ask: $9,500,000
West Village | Condominium | 3 Bedrooms, 3 Baths | 2,541 ft2
165 Charles Street, #21 (Compass)
#6. One High Line, #WEST24A
Last Ask: $9,530,000
Chelsea | Condominium | 3 Bedrooms, 3.5 Baths | 2,530 ft2
One High Line, #WEST24A (Corcoran Group)
#5. 200 Amsterdam, #35B
Last Ask: $9,995,000
Lincoln Center | Condominium | 3 Bedrooms, 3.5 Baths | 2,692 ft2
200 Amsterdam, #35B (Brown Harris Stevens Residential Sales LLC)
#4. 200 Amsterdam, #40A
Last Ask: $12,495,000
Lincoln Center | Condominium | 3 Bedrooms, 3.5 Baths | 2,678 ft2
200 Amsterdam, #40A (Brown Harris Stevens Residential Sales LLC)
#3. 47 Mercer Street, #2
Last Ask: $12,500,000 (-9.1%)
SoHo | Condominium | 3 Bedrooms, 2.5 Baths | 4,000 ft2
47 Mercer Street, #2 (Compass)
#2. 8 East 63rd Street, #TH
Last Ask: $27,995,000
Park/Fifth Ave. to 79th St. | Townhouse | 6+ Bedrooms, 6+ Baths | 10,000 ft2
8 East 63rd Street, #TH (Compass)
#1. One High Line, #EASTPH26
Last Ask: $49,000,000
Chelsea | Condominium | 5 Bedrooms, 6+ Baths | 7,375 ft2
One High Line, #EASTPH26 (Corcoran Group)
Would you like to tour any of these properties?
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Or call us at (212) 755-5544
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