250 West Street and Michael Smith, the seller of $60 million worth of condos in the building.
Manhattan Sales:
- For the week ending November 8, 2024, $608,792,369 worth of transactions across 274 condo, condop, and cooperative deals were recorded
- 104 condo sales came to an aggregate price of $365,020,773
- Seven condop sales came to an aggregate price of $11,165,470
- 163 co-op sales came to an aggregate price of $232,606,126
In this article:
250 West Street, home of the week's highest-priced sale
A total of $60 million was recorded across four sales at 250 West Street, a Tribeca warehouse turned luxury condominium. At $37,600,000, the penthouse led the charge for both the building and Manhattan as a whole for the first full week of November 2024. If the four sales from a single seller were treated as a single transaction, this would have set a new Downtown record.
The seller conducted the transactions using an LLC, and the buyers were identified through trusts. The Real Deal identified the seller of all four units as Freeport LNG CEO Michael Smith and noted that he accumulated the assemblage of the penthouse and three eleventh-floor units between 2015 and 2016. One trust bought the penthouse and another bought the eleventh-floor units, though it is not impossible that they could be shielding the same buyer. Nor is it impossible that a single buyer could combine all four apartments into one massive home.
The seller conducted the transactions using an LLC, and the buyers were identified through trusts. The Real Deal identified the seller of all four units as Freeport LNG CEO Michael Smith and noted that he accumulated the assemblage of the penthouse and three eleventh-floor units between 2015 and 2016. One trust bought the penthouse and another bought the eleventh-floor units, though it is not impossible that they could be shielding the same buyer. Nor is it impossible that a single buyer could combine all four apartments into one massive home.
Penthouse at 250 West Street (Douglas Elliman)
The week's second-highest sale was for Penthouse #8 at The Greenwich Lane, which closed for $28,000,000. The closing comes roughly five months after the seller, publishing executive/former Village Voice owner Peter Barbey, listed it for $32 million in June 2024. The buyer conducted the transaction through a trust, though another high-profile figure would not be unexpected: The sale was recorded about a week after a Greenwich Lane home owned by former Jimmy Choo CEO Tamara Mellon led Manhattan's sales.
A little further uptown, a total of $38,365,913 (or just over the price of the single penthouse at 250 West Street) was recorded across three sales at One High Line. This included West Penthouse #33A, which closed for $26,550,913 in the third-highest price of the week. Located near the top of the taller, all-residential West Tower in the two-towered development, the half-floor home enjoys dramatic views from oversized windows all around, not to mention from the private loggia off the Great Room.
These penthouses enjoy incredible square footage and privacy, but that is not enough for some luxury buyers. A townhouse unit at 95 Charles Street sold for $14,375,000 in the fifth-highest price of the week. It offers the atmosphere of a private home with its multi-story layout and private backyard, yet is part of a boutique condominium. While slightly below the asking price of $14.75 million when it entered contract in October 2024, the seller nevertheless makes a profit, having bought it for $13.5 million in August 2022. They conducted the transaction through a trust, as did the buyer.
Sutton Tower
The week's top sale outside of Downtown Manhattan and the fourth-highest overall took place at Sutton Tower, where Penthouse #71 sold for $18,500,000, only $1 million below the ask when it entered contract in October 2024. This full-floor unit near the top of Sutton Place's tallest tower is reached via direct elevator entry, and the heart of the home is a corner Great Room with a gas fireplace and breathtaking views of the Manhattan skyline and the East River. This sale was recorded shortly after that of another penthouse in the building.
Top Sales
95 Charles Street, #1 (Compass)
From the Listing:
Discover the extraordinary combination of classic townhouse living and modern luxury in the heart of the West Village. This 38-foot-wide home, spanning four expansive floors of living space and featuring a private outdoor garden, offers an unrivaled residential experience in one of Manhattan's most coveted neighborhoods. Every detail has been thoughtfully considered, from the dramatic 16-foot-high ceilings in the formal living room, where French doors bathe the space in natural northern light, to the outdoor kitchen equipped with dual built-in grills for year-round entertaining amidst the tranquil backdrop of river birch trees.
Discover the extraordinary combination of classic townhouse living and modern luxury in the heart of the West Village. This 38-foot-wide home, spanning four expansive floors of living space and featuring a private outdoor garden, offers an unrivaled residential experience in one of Manhattan's most coveted neighborhoods. Every detail has been thoughtfully considered, from the dramatic 16-foot-high ceilings in the formal living room, where French doors bathe the space in natural northern light, to the outdoor kitchen equipped with dual built-in grills for year-round entertaining amidst the tranquil backdrop of river birch trees.
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Sutton Tower, #71A (Compass)
From the Listing:
Set atop the prestigious Sutton Tower, Penthouse 71 offers an unparalleled living experience with 4,765 square feet of meticulously crafted space. Commanding breathtaking vistas of the river and skyline, this 4-bed, 4.5-bath residence boasts design by the renowned Thomas Juul-Hansen. Step into refined elegance through direct elevator entry, leading to a corner great room with a gas fireplace, a corner dining room, and a windowed eat-in kitchen with a double oven and full-height wine storage. Unwind in the corner primary suite boasting two walk-in closets and a windowed primary bath with a soaking tub, separate water closet, and marble vanity.
Set atop the prestigious Sutton Tower, Penthouse 71 offers an unparalleled living experience with 4,765 square feet of meticulously crafted space. Commanding breathtaking vistas of the river and skyline, this 4-bed, 4.5-bath residence boasts design by the renowned Thomas Juul-Hansen. Step into refined elegance through direct elevator entry, leading to a corner great room with a gas fireplace, a corner dining room, and a windowed eat-in kitchen with a double oven and full-height wine storage. Unwind in the corner primary suite boasting two walk-in closets and a windowed primary bath with a soaking tub, separate water closet, and marble vanity.
11 Available Listings for Sale from $2,285,000
One High Line (Evan Joseph)
One High Line, #WPH33A (Corcoran Group)
From the Listing:
Penthouse W33A at One High Line is a 5,704-square-foot half-floor five-bedroom and five-and-a-half-bathroom residence curated by Gabellini Sheppard Associates. This remarkable home features southern, eastern, and western exposure overlooking the Hudson River, Midtown skyline and downtown Manhattan views and beyond.
This half-floor penthouse home boasts a generous corner great room and separate living/dining room flanking the home’s 266-square-foot loggia, all receiving an abundance of southern light throughout the day. The custom chef’s kitchen, designed by Bulthaup and complete with White Princess Quartzite countertops and backsplash, a robust Gaggenau appliance package and stainless-steel fixtures by CEA Design, can be opened into the loggia, creating an atmosphere that is perfect for entertaining.
Penthouse W33A at One High Line is a 5,704-square-foot half-floor five-bedroom and five-and-a-half-bathroom residence curated by Gabellini Sheppard Associates. This remarkable home features southern, eastern, and western exposure overlooking the Hudson River, Midtown skyline and downtown Manhattan views and beyond.
This half-floor penthouse home boasts a generous corner great room and separate living/dining room flanking the home’s 266-square-foot loggia, all receiving an abundance of southern light throughout the day. The custom chef’s kitchen, designed by Bulthaup and complete with White Princess Quartzite countertops and backsplash, a robust Gaggenau appliance package and stainless-steel fixtures by CEA Design, can be opened into the loggia, creating an atmosphere that is perfect for entertaining.
The Greenwich Lane, #PH8 (Corcoran Group)
From the Listing:
Experience the pinnacle of luxury and sophistication at this Greenwich Lane penthouse, a masterpiece of design and sophistication nestled in the heart of the iconic Greenwich Village. This stunning 3-4 bedroom, 3.5 bathroom residence spans 4,027 square feet of meticulously curated interior space, with soaring 10-foot+ ceilings, complemented by an astonishing 3,148 square feet of private wrap-around terraces offering stunning panoramic views of downtown and Midtown Manhattan. Designed by world-renowned designer Clodagh, this home exudes elegance at every turn.
Experience the pinnacle of luxury and sophistication at this Greenwich Lane penthouse, a masterpiece of design and sophistication nestled in the heart of the iconic Greenwich Village. This stunning 3-4 bedroom, 3.5 bathroom residence spans 4,027 square feet of meticulously curated interior space, with soaring 10-foot+ ceilings, complemented by an astonishing 3,148 square feet of private wrap-around terraces offering stunning panoramic views of downtown and Midtown Manhattan. Designed by world-renowned designer Clodagh, this home exudes elegance at every turn.
From the Listing:
Atop Tribeca’s iconic 250 West Street, this unparalleled Tribeca penthouse offers sweeping, protected Hudson River views with 175 feet of frontage facing west, south and north. The Penthouse will enthrall you from the moment you step off the private elevator.
Drive into an exclusive 1,438 square foot private entrance and lobby through an impressive gate. Ascend in a private elevator to an expansive space that stretches across 5,718 interior square feet and opens completely through sliding floor-to-ceiling window walls onto a 4,298 square foot, fully irrigated, landscaped terrace. This north, west, and south-facing private terrace features an IPE deck and 6-person Jacuzzi. Inside, the riverfront entertaining space spans the full width of the structure with dramatic floor to ceiling windows that telescope, and a room-size skylight, centered by a gracious living room. To the south, a dining room with a spacious adjoining kitchen featuring walnut cabinetry, Miele appliances, and Calacatta Gold marble counter tops, backsplashes, and central island. To the North is a richly appointed library with exquisite custom millwork book shelves, a motorized projection screen, and a double-sided ethanol burning fireplace.
Atop Tribeca’s iconic 250 West Street, this unparalleled Tribeca penthouse offers sweeping, protected Hudson River views with 175 feet of frontage facing west, south and north. The Penthouse will enthrall you from the moment you step off the private elevator.
Drive into an exclusive 1,438 square foot private entrance and lobby through an impressive gate. Ascend in a private elevator to an expansive space that stretches across 5,718 interior square feet and opens completely through sliding floor-to-ceiling window walls onto a 4,298 square foot, fully irrigated, landscaped terrace. This north, west, and south-facing private terrace features an IPE deck and 6-person Jacuzzi. Inside, the riverfront entertaining space spans the full width of the structure with dramatic floor to ceiling windows that telescope, and a room-size skylight, centered by a gracious living room. To the south, a dining room with a spacious adjoining kitchen featuring walnut cabinetry, Miele appliances, and Calacatta Gold marble counter tops, backsplashes, and central island. To the North is a richly appointed library with exquisite custom millwork book shelves, a motorized projection screen, and a double-sided ethanol burning fireplace.
2 Available Listings for Sale from $2,150,000
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
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