255 East 77th Street (Compass)
As September 2024 gave way to October, Manhattan saw 224 residential apartment and townhouse contracts signed from September 30 - October 6, the highest tally since spring. If all sell for the asking prices, this would come to an aggregate total exceeding half a billion dollars in residential sales.
Sales have only recently launched at 255 East 77th Street, a collaboration between developer Naftali Group and Robert A.M. Stern Architects (RAMSA), but a total of $62,310,000 across nine contracts has already been recorded. Among them was Residence #31A, a half-floor four-bedroom that was asking $9,380,000 in the tenth-highest contract of the week.
All units at 255 East 77th Street feature oversized windows, eat-in kitchens with honed Calacatta marble countertops and Miele and Sub-Zero appliances, luxe primary baths with rain showers and radiant heated floors, and generous storage space throughout. The building's extensive amenity package includes a fitness center with yoga room, a 75-foot indoor pool, a spa with steam room and sauna, a library with fireplace and terrace access, a children's playroom, a screening room, a soundproof music room with recording studio, and porte-cochere leading to an automated parking system.
All units at 255 East 77th Street feature oversized windows, eat-in kitchens with honed Calacatta marble countertops and Miele and Sub-Zero appliances, luxe primary baths with rain showers and radiant heated floors, and generous storage space throughout. The building's extensive amenity package includes a fitness center with yoga room, a 75-foot indoor pool, a spa with steam room and sauna, a library with fireplace and terrace access, a children's playroom, a screening room, a soundproof music room with recording studio, and porte-cochere leading to an automated parking system.
In this article:
Construction progress at 255 East 77th Street as of early October 2024
Its kangaroo crane is set to dominate Second Avenue
As an aside, 255 East 77th Street is not the only new collaboration between Naftali Group and RAMSA, the team behind The Bellemont and 200 East 83rd Street. Sales at their Upper West Side boutique condominium The Henry are off to a robust start, and the four-bedroom Residence #4C entered contract with a $6,750,000 asking price last week. With this contract, 20% of the units in the building are spoken for.
The Surrey Residences (Douglas Elliman)
Up the street from 255 East 77th Street, a total of $21,500,000 across two deals was signed at The Surrey Residences, the Landmarks-approved condo component on top of the rooms at The Surrey, a Corinthia Hotel. The three-bedroom Residence #11C's asking price of $12,000,000 was good enough for the fifth-highest contract of the week; a few floors up, the two-bedroom Residence #15C was not far behind with a $9,500,000 asking price, the ninth-highest of the week.
The contracts were signed shortly before The Surrey, a Corinthia Hotel is set to welcome its first guests. Residents and guests alike will enjoy a prime Upper East Side location near Central Park, Madison Avenue designer flagships, fine dining, and world-renowned museums and cultural institutions. They will also enjoy amenities like a fitness center with yoga terrace, a jewel-box spa with Sisley Paris treatments, and a restaurant and members' club by Casa Tua.
The contracts were signed shortly before The Surrey, a Corinthia Hotel is set to welcome its first guests. Residents and guests alike will enjoy a prime Upper East Side location near Central Park, Madison Avenue designer flagships, fine dining, and world-renowned museums and cultural institutions. They will also enjoy amenities like a fitness center with yoga terrace, a jewel-box spa with Sisley Paris treatments, and a restaurant and members' club by Casa Tua.
1185 Park Avenue, #16/17F (Corcoran Group)
Many of today's new development condos on the Upper East Side draw design inspiration from the elegant prewar cooperatives of yesteryear, and the old guard is still going strong: The week's top co-op contract and second-highest overall took place at the Rosario Candela-designed 765 Park Avenue, where Residence #7B was asking $14,900,000. The price represents a $2.1 million reduction from when it was listed in December 2021, and it is not clear how much the seller paid for it.
The second-highest co-op contract and third-highest overall was for Residence #16/17F at 1185 Park Avenue, the longtime home of Pulitzer Prize-winning playwright Moss Hart and his wife, actress/singer Kitty Carlisle Hart, which was asking $13,900,000. In a 2007 obituary for Ms. Hart, The Hollywood Reporter noted that the couple frequently entertained at the apartment. Since then, the apartment has undergone a renovation by architect Stephen Wang and been updated with Creston smart home technology. It was initially listed for $21.5 million in September 2021, and has been on and off the market at gradually lower price points since then.
90 Morton Street, #PH9A (Modlin Group LLC)
But for all the success of Upper East Side apartments, a penthouse at the nexus of the West Village and Hudson Square had the week's top contract. Penthouse #9A at printing house turned luxury condominium 90 Morton Street entered contract with an asking price of $17,750,000. The 3,675-square-foot condo features two bedrooms with en suite baths, a home office that could become a third bedroom, a separate media room, a wine cellar, and a total of 1,450 square feet of private outdoor space across two private terraces.
The asking price represents a reduction from the $22.5 million it was listed for in March 2023. However, the unidentified seller would still make a profit at this asking price, having paid $12 million for it in November 2020. The buyer was not identified.
The asking price represents a reduction from the $22.5 million it was listed for in March 2023. However, the unidentified seller would still make a profit at this asking price, having paid $12 million for it in November 2020. The buyer was not identified.
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Top 10 Residential Contracts
#10. 255 East 77th Street, #31A
Last Ask: $9,380,000
Lenox Hill | Condominium | 4 Bedrooms, 4.5 Baths | 2,954 ft2
255 East 77th Street, #31A (Compass)
The Surrey Residences, #15C (Douglas Elliman)
From the Listing: For nearly 100 years, The Surrey has been a discreet and cherished enclave for those who shape culture. With the highly anticipated re-opening of this iconic institution, The Surrey Residences will present an exquisite collection of 14 private homes. See full details here
The Surrey Residences has 3 public availabilities from $9,750,000.
#8. 880 Fifth Avenue, #16BC
Last Ask: $10,000,000 (-13%)
Park/Fifth Ave. to 79th St. | Cooperative | 4 Bedrooms, 5.5 Baths
880 Fifth Avenue, #16BC (Serhant LLC)
#7. One High Line, #WEST22A
Last Ask: $10,645,000
Chelsea | Condominium | 3 Bedrooms, 3.5 Baths | 2,345 ft2
One High Line, #WEST22A (Corcoran Sunshine Marketing Group)
321 Clinton Street, #TH (Douglas Elliman Real Estate)
#5. The Surrey Residences, #11C
Last Ask: $12,000,000
Park/Fifth Ave. to 79th St. | Condominium | 3 Bedrooms, 3.5 Baths | 2,436 ft2
The Surrey Residences, #11C (Douglas Elliman Real Estate)
#4. Central Park Tower, #45B
Last Ask: $13,750,000
Midtown West | Condominium | 3 Bedrooms, 4.5 Baths | 2,640 ft2
Central Park Tower, #45B (Corcoran Sunshine Marketing Group)
#3. 1185 Park Avenue, #16/17F
Last Ask: $13,900,000 (-20.6%)
Carnegie Hill | Cooperative | 4 Bedrooms, 5.5 Baths | 5,250 ft2
1185 Park Avenue, #16/17F (Douglas Elliman Real Estate)
#2. 765 Park Avenue, #7B
Last Ask: $14,900,000 (-12.4%)
Park/Fifth Ave. to 79th St. | Cooperative | 4 Bedrooms, 5.5 Baths | 5,500 ft2
765 Park Avenue, #7B (Brown Harris Stevens Residential Sales LLC)
#1. 90 Morton Street, #PH9A
Last Ask: $17,750,000 (-11%)
West Village | Condominium | 3 Bedrooms, 3 Baths | 3,675 ft2
90 Morton Street, #PH9A (Modlin Group LLC)
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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