Price Cuts: Billionaires' Row condo slashed by $3.3M; Rudy Giuliani's UES home reduced ahead of possible asset seizure

By CityRealty Staff | From Great Listings Wednesday, October 2, 2024

Metropolitan Tower, #62TE (Douglas Elliman)

In the New York real estate market, some aspirationally high prices do a number to attract a flurry of attention to listings. However, this does not always translate into finding a buyer as quickly as one would like, leading to sellers often having to reduce the price to bring it closer in line with market realities. Unfortunately, a recent analysis by Forbes found that more often than not, the property has lingered on the market to a point where serious buyers wonder if something is wrong with it by the time this step is taken.

Some Upper West Side developers are learning this the hard way. In recent years, a stretch of New York best known for stately prewar buildings has seen an influx of new condominiums with an array of amenities and without the sometimes onerous requirements of a cooperative. However, this market is extremely crowded and shows no sign of slowing down. It is against this backdrop that apartments at 212W93, 200 Amsterdam Avenue, and 393 West End Avenue were among approximately 300 condos, co-ops, condops, and townhouses throughout New York experienced price reductions from September 24-30, 2024.

Also last week, former New York City mayor and disbarred attorney Rudy Giuliani further reduced the price of his Upper East Side apartment in a prestigious cooperative to $5,175,000. A federal judge tossed out his bankruptcy case in July 2024, a move that clears the way for his assets, including his properties, to be seized to settle a defamation lawsuit brought by two Georgia election workers. A hearing on the matter is scheduled for October 8, and a source told the New York Post, "He knows that he either has to sell the home quickly or risk losing it in court."

These homes, as well as a selection of notable listings and a full chart of last week's discounted listings, may be seen below. Please be advised that all quoted figures reflect cumulative price cuts as opposed to the most recent reductions.

-6.5% | -$20,000

Prospect Tower, #1902
$290,000

Turtle Bay/United Nations | Cooperative | Studio, 1 Bath

Prospect Tower, #1902 (Compass)

From the Listing: High-floor studio with northern exposure and East River views features a spacious layout and an abundance of closet space. The kitchenette features a GE stove and oven, the bathroom is tiled. Maintenance includes heat, water, and electricity. See floor plan and full details here.

-9.5% | -$54,000

307 West 20th Street, #6F
$515,000

Chelsea | Cooperative | 1 Bedroom, 1 Bath

307 West 20th Street, #6F (Douglas Elliman Real Estate)

From the Listing: This bright one-bedroom is a quiet and light refuge with high ceilings, plenty of storage, and oversized windows looking out over the leafy courtyard to the building's communal garden. The spacious living room with hardwood floors and a large closet and can easily hold living/dining and home office area. The open kitchen has a breakfast bar and plenty of storage. See floor plan and full details here.

-11% | -$86,000

Lincoln Towers, #26W
$699,000

Lincoln Center | Cooperative | 1 Bedroom, 1 Bath

Lincoln Towers, #26W (Brown Harris Stevens Residential Sales LLC)

From the Listing: Highly focused with attention to detail, every aspect of this south- and west-facing apartment was re-configured and designed with rich elements while maximizing ease and function. The entry foyer has been widened creating a level of calm as it becomes a roomy and usable space. The western living room wall has been recessed with custom designed 1/2 inch thick glass shelving that provides a striking backdrop for sculpture, books, entertaining service and decorative works of art. Created as a soft divider between the sleeping area and living area, the custom media center is perfectly positioned. See floor plan and full details here.

-13.4% | -$144,000

80 Park Avenue, #17B
$935,000

Murray Hill | Condominium | 1 Bedroom, 1 Bath | 811 ft²

80 Park Avenue, #17B (Compass)

From the Listing: Perched high above Park Avenue, this perfectly appointed southwest corner home has been designed with the most discerning taste. Refinished parquet wood floors, stainless steel heating and cooling radiators and door frames, and custom overhead lighting throughout are several of the many custom details that abound. The sprawling living room and dining alcove are perfect for entertaining or tranquil evenings at home. Electricity is included in the common charges. See floor plan and full details here.

-13.1% | -$150,100

418 East 9th Street, #1A
$999,900

East Village | Cooperative | 2 Bedrooms, 2 Baths | 1,000 ft²

418 East 9th Street, #1A (The Agency Brokerage)

From the Listing: Welcome to your magical East Village triplex retreat! The lower level has its own ultra-modern renovated full bath with radiant floor heat. The upper level features hardwood floors, high ceilings, a wood-burning fireplace, exposed brick and a full bath - making for a gorgeous, relaxing oversized bedroom overlooking a classic New York streetscape. The entire space has new central air with two zones for your comfort and convenience. See floor plan and full details here.

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-27% | -$426,000

2100 Bedford Avenue, #7B
$1,124,000

Prospect Lefferts Gardens | Condominium | 3 Bedrooms, 2 Baths | 1,250 ft²

2100 Bedford Avenue, #7B (Coldwell Banker Warburg)

From the Listing: Upon entering this three-bedroom condo, sun pours in from the east, with a wall of windows opening onto the first private terrace with unobstructed eastern and southern views. The living room also accommodates a dining area and seamlessly connects to the open kitchen. The renovated kitchen features an island, custom cabinets with copious storage, and stainless steel appliances. Tax abatement in effect until 2032! See floor plan and full details here.

-11.1% | -$150,000

NINE52, #525
$1,200,000

Midtown West | Condominium | 2 Bedrooms, 2 Baths | 960 ft²

NINE52, #525 (The Agency Brokerage)

From the Listing: Spacious two-bedroom residence boasts approximately 10-foot ceilings, stained white oak flooring, double exposure facing both south and west, and a spacious, comfortable layout. The entry foyer, detailed with recessed lighting, flows seamlessly into the layout that is perfectly situated with split bedrooms, ideal for privacy. The kitchen opens up into the living room for a modern living concept, detailed with custom gray and white lacquer cabinetry, Caesarstone countertops, stainless steel Kohler sink and built-in appliances. See floor plan and full details here.

-10% | -$140,000

Element, #23A
$1,260,000

Lincoln Center | Condominium | 1 Bedroom, 1 Bath | 692 ft²

Element, #23A (EXP Realty NYC)

From the Listing: Spanning 691 square feet, this Lincoln Square residence offers a seamless blend of style and comfort with its open-concept kitchen, dining, and living area, perfect for modern living. The condo is adorned with floor-to-ceiling windows that provide stunning skyline views and fill the space with natural light, highlighting the beautiful hardwood floors throughout. One of the standout features of this home is the expansive balcony, where you can enjoy breathtaking views of the Upper West Side and partial views of the Hudson River. See floor plan and full details here.

-13.6% | -$225,000

The Seymour, #1C
$1,425,000

Chelsea | Condominium | 2 Bedrooms, 1 Bath | 800 ft²

The Seymour, #1C (Elegran LLC)

From the Listing: This two-bed, one-bath residence offers a superb blend of urban and private luxury. Step through a gracious entry foyer with 6-inch wide brushed white oak flooring into an open kitchen featuring custom leather-wrapped hardware, oak cabinetry, a Calacatta gold backsplash, and Caesarstone countertops. The bathroom showcases imported Italian Bianco Dolomiti marble, complemented by a pure white Glassos floor and Grohe polished chrome fittings, complete with an oversized rain shower and deep soaking tub. Both bedrooms feature excellent closet space. See floor plan and full details here.

-11.1% | -$250,500

900 Fifth Avenue, #14C
$1,999,500

Park/Fifth Ave. to 79th St. | Cooperative | 2 Bedrooms, 2 Baths

900 Fifth Avenue, #14C (Compass)

From the Listing: Perched on the 14th floor, a private elevator landing leads to a gracious entrance gallery that flows into the south-facing living room lined with windows framing the uniquely breathtaking unobstructed views of Central Park and the iconic Manhattan skyline. The gracious living room is complemented by a well proportioned corner formal dining room and a fabulous eat-in gourmet windowed kitchen with excellent counter space, ample storage, plus discretely installed washer and dryer. Electricity included in maintenance. See floor plan and full details here.

-18.3% | -$495,000

The A Building, #PHA
$2,205,000

East Village | Condominium | 2 Bedrooms, 2 Baths | 1,231 ft²

The A Building, #PHA (Douglas Elliman Real Estate)

From the Listing: Experience the pinnacle of downtown luxury living with this immaculate penthouse, boasting two bedrooms, two bathrooms, and 200 square feet of private outdoor oasis at the esteemed A Building. Step into a world of open-concept design, where the kitchen seamlessly transitions into the expansive living and dining area, suffused with natural light from oversized windows showcasing western and northern exposures. A striking architectural feature is the double-height ceilings at one end, lending a unique character to the space. See floor plan and full details here.

-9.1% | -$225,000

345 Meatpacking, #2D
$2,250,000

Chelsea | Condominium | 1 Bedroom, 2 Baths | 1,157 ft²

345 Meatpacking, #2D (Serhant LLC)

From the Listing: Corner residence offers sunny northern and eastern exposures, exceptionally unique design details, and a charming courtyard view. The open living/dining room features custom milled paneling and direct access to the private terrace. The artisan-crafted kitchen features custom oak millwork, bronze detailing, honed Absolute Black granite countertop/backsplash, Dornbracht fixtures, and fully integrated appliances. See floor plan and full details here.

-7.4% | -$200,000

The American Thread Building, #7G
$2,495,000

Tribeca | Condominium | 3 Bedrooms, 2 Baths | 1,450 ft²

The American Thread Building, #7G (Berkshire Hathaway HomeServices New York Properties)

From the Listing: Situated in the iconic American Thread Building, this rare gem enters the market for the first time in over 25 years. Originally a generous three-bedroom with a home office, the previous owner transformed it into a grand two-bedroom loft. Recently upgraded, the chef's kitchen boasts modern amenities, while the original hardwood floors and high ceilings exude elegance. Ample closet space complements the pre-war charm of this exquisite space. See floor plan and full details here.

-12.5% | -$400,000

18 East 18th Street, #5E
$2,800,000

Flatiron/Union Square | Cooperative | 2 Bedrooms, 2 Baths | 2,800 ft²

18 East 18th Street, #5E (Corcoran Group)

From the Listing: If you love history, you'll fall in love with this iconic loft. A keyed elevator opens into the loft, exposing the soaring 12-foot+ original tin ceilings anchored by five majestic, silvered cast iron Corinthian columns and the original light maple wood floors. Both north and south are flanked by 40-foot walls of windows. During the last 50 years, only two artistic residents have occupied this space with ’TLC.’ See floor plan and full details here.

-11.9% | -$400,000

74 Warren Street, #4
$2,950,000

Tribeca | Condominium | 2 Bedrooms, 2 Baths | 2,071 ft²

74 Warren Street, #4 (Compass)

From the Listing: Fourth-floor loft welcomes you via private elevator that opens up to an expansive living room with oversized south-facing windows. Pre-war detail and scale fill the space, including original brick walls, which are accented beautifully by new wide plank oak floors and a modern kitchen. The spacious layout is an entertainer’s dream, which is complemented by an oversized alcove dining area perfect for a 12-person dining table or easy conversion to a proper home office. The open kitchen boasts top-of-the-line appliances from Sub-Zero and Bosch. A large private storage area is included in the sale of each unit. See floor plan and full details here.

-8.9% | -$310,000

50 Clinton Street, #GARDENA
$3,190,000

Lower East Side | Condominium | 2 Bedrooms, 2 Baths | 2,027 ft²

50 Clinton Street, #GARDENA (Compass)

From the Listing: Discover the epitome of urban oasis living in Unit Garden A at 50 Clinton, where sophistication meets tranquility in the heart of the city. This Paris Forino-designed two-bedroom, two-bathroom residence boasts an open, versatile floor plan spanning 2 floors, expansive casement windows, and one of the most exceptional private outdoor spaces in the city. With its lofty ceiling heights inviting ample natural light and air, this unit provides a secluded haven amidst the bustling city. See floor plan and full details here.

-7.5% | -$300,000

212W93, #5B
$3,695,000

Broadway Corridor | Condominium | 4 Bedrooms, 3 Baths | 2,048 ft²

212W93, #5B (Douglas Elliman Real Estate)

From the Listing: Boasting 2,048 square feet of exceptional space interior space with 244 square feet of private outdoor space, Residence #5B offers gracious living across four bedrooms and three bedrooms. Upon the dedicated elevator entry, the gallery wall lends way to the light filled living and dining room. The chef's kitchen centers the home, featuring custom-stained wood and Ghiaccio grey lacquer cabinetry with bevel detailing and a best-in-class suite of Miele appliances with wine refrigerator. See floor plan and full details here.

-42.1% | -$3,270,000

Metropolitan Tower, #62TE
$4,500,000

Midtown West | Condominium | 4 Bedrooms, 4.5 Baths | 3,366 ft²

Metropolitan Tower, #62TE (Douglas Elliman Real Estate)

From the Listing: Billionaires' Row apartment's floor-to-ceiling windows invite fantastic views of the chiseled architecture of NYC and Central Park projecting as far as the reservoir. Abundant natural light streams throughout. When you enter the apartment, the foyer leads to a remarkable great room that captures north, east, and south-facing views. A well-designed office with shelving and stainless steel and glass cabinetry is adjacent to the great room. Three of the bedrooms feature large, fitted closets, southern exposure, a dressing area which can accommodate a small table, and ensuite baths. See floor plan and full details here.

-9.2% | -$505,000

Forena, #11A
$4,995,000

Chelsea | Condominium | 3 Bedrooms, 2.5 Baths | 1,648 ft²

Forena, #11A (Douglas Elliman Real Estate)

From the Listing: Residence #11A is a stunning three-bedroom, two and one-half bathroom residence filled with light from its gorgeous southern and western exposures. The 180-square-foot terrace offers incredible views up and down Sixth Avenue and ample room for sunset dining. The 1,648-square-foot interior features 5" white oak flooring throughout and oversized tilt-and-turn windows with enhanced noise reduction already fitted with gorgeous motorized blinds. See floor plan and full details here.

-20.4% | -$1,325,000

Fred Leighton Building, #10W
$5,175,000

Park/Fifth Ave. to 79th St. | Cooperative | 3 Bedrooms, 3 Baths

Fred Leighton Building, #10W (Sothebys International Realty)

From the Listing: Within a “monumentally exuberant” edifice, this splendid residence boasts bright, high-floor outlooks and an abundance of sunshine, high ceilings, and beautiful hardwood floors. Further, the thoughtful and inviting layout of the apartment is complemented by copious original detail, such as wood paneling, and leaded-glass and 12-over-12 paned double-hung windows. Accessed by a semi-private elevator landing, the welcoming, square gallery opens into the living room, which benefits from pleasing proportions and three very large west-facing windows. See floor plan and full details here.

-3.5% | -$345,000

200 Amsterdam, #40B
$9,650,000

Lincoln Center | Condominium | 3 Bedrooms, 3.5 Baths | 2,453 ft²

200 Amsterdam, #40B (Serhant LLC)

From the Listing: Welcome to this extraordinary 3-bedroom, 3.5-bathroom residence spanning the entire width of 200 Amsterdam. A graceful foyer with White Ice marble floors ushers residents into a striking open-plan living room, dining room, and kitchen. Natural light pours through floor-to-ceiling high performance windows with Low-E coating, accentuating French white oak floors and soaring ceilings. See floor plan and full details here.

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In this article:

-6.5% | -$20,000

Prospect Tower, #1902
$290,000

-9.5% | -$54,000

307 West 20th Street, #6F
$515,000

-11% | -$86,000

Lincoln Towers, #26W
$699,000

-13.4% | -$144,000

80 Park Avenue, #17B
$935,000

-13.1% | -$150,100

418 East 9th Street, #1A
$999,900

Select which properties are of interest to you:

-27% | -$426,000

2100 Bedford Avenue, #7B
$1,124,000

-11.1% | -$150,000

NINE52, #525
$1,200,000

-10% | -$140,000

Element, #23A
$1,260,000

-13.6% | -$225,000

The Seymour, #1C
$1,425,000

-11.1% | -$250,500

900 Fifth Avenue, #14C
$1,999,500

-18.3% | -$495,000

The A Building, #PHA
$2,205,000

-9.1% | -$225,000

345 Meatpacking, #2D
$2,250,000

-7.4% | -$200,000

The American Thread Building, #7G
$2,495,000

-12.5% | -$400,000

18 East 18th Street, #5E
$2,800,000

-11.9% | -$400,000

74 Warren Street, #4
$2,950,000

-8.9% | -$310,000

50 Clinton Street, #GARDENA
$3,190,000

-7.5% | -$300,000

212W93, #5B
$3,695,000

-42.1% | -$3,270,000

Metropolitan Tower, #62TE
$4,500,000

-9.2% | -$505,000

Forena, #11A
$4,995,000

-20.4% | -$1,325,000

Fred Leighton Building, #10W
$5,175,000

-3.5% | -$345,000

200 Amsterdam, #40B
$9,650,000

This is your member's center

In this article:

-6.5% | -$20,000 Prospect Tower, #1902$290,000

-9.5% | -$54,000 307 West 20th Street, #6F$515,000

-11% | -$86,000 Lincoln Towers, #26W$699,000

-13.4% | -$144,000 80 Park Avenue, #17B$935,000

-13.1% | -$150,100 418 East 9th Street, #1A$999,900

Select which properties are of interest to you:

-27% | -$426,000 2100 Bedford Avenue, #7B$1,124,000

-11.1% | -$150,000 NINE52, #525$1,200,000

-10% | -$140,000 Element, #23A$1,260,000

-13.6% | -$225,000 The Seymour, #1C$1,425,000

-11.1% | -$250,500 900 Fifth Avenue, #14C$1,999,500

-18.3% | -$495,000 The A Building, #PHA$2,205,000

-9.1% | -$225,000 345 Meatpacking, #2D$2,250,000

-7.4% | -$200,000 The American Thread Building, #7G$2,495,000

-12.5% | -$400,000 18 East 18th Street, #5E$2,800,000

-11.9% | -$400,000 74 Warren Street, #4$2,950,000

-8.9% | -$310,000 50 Clinton Street, #GARDENA$3,190,000

-7.5% | -$300,000 212W93, #5B$3,695,000

-42.1% | -$3,270,000 Metropolitan Tower, #62TE$4,500,000

-9.2% | -$505,000 Forena, #11A$4,995,000

-20.4% | -$1,325,000 Fred Leighton Building, #10W$5,175,000

-3.5% | -$345,000 200 Amsterdam, #40B$9,650,000

Select which properties are of interest to you:

Listings in this article

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Company

-6.5% | -$20,000

Prospect Tower, #1902
$290,000

-9.5% | -$54,000

307 West 20th Street, #6F
$515,000

-11% | -$86,000

Lincoln Towers, #26W
$699,000

-13.4% | -$144,000

80 Park Avenue, #17B
$935,000

-13.1% | -$150,100

418 East 9th Street, #1A
$999,900

-27% | -$426,000

2100 Bedford Avenue, #7B
$1,124,000

-11.1% | -$150,000

NINE52, #525
$1,200,000

-10% | -$140,000

Element, #23A
$1,260,000

-13.6% | -$225,000

The Seymour, #1C
$1,425,000

-11.1% | -$250,500

900 Fifth Avenue, #14C
$1,999,500

-18.3% | -$495,000

The A Building, #PHA
$2,205,000

-9.1% | -$225,000

345 Meatpacking, #2D
$2,250,000

-7.4% | -$200,000

The American Thread Building, #7G
$2,495,000

-12.5% | -$400,000

18 East 18th Street, #5E
$2,800,000

-11.9% | -$400,000

74 Warren Street, #4
$2,950,000

-8.9% | -$310,000

50 Clinton Street, #GARDENA
$3,190,000

-7.5% | -$300,000

212W93, #5B
$3,695,000

-42.1% | -$3,270,000

Metropolitan Tower, #62TE
$4,500,000

-9.2% | -$505,000

Forena, #11A
$4,995,000

-20.4% | -$1,325,000

Fred Leighton Building, #10W
$5,175,000

-3.5% | -$345,000

200 Amsterdam, #40B
$9,650,000