Between rising interest rates and years of data affected by the pandemic, real estate trends have gotten harder to predict in recent years. However, the most recent new development report from Marketproof found that for five weeks in a row, contract volume is above pre-pandemic averages (as compared to 2015-2019). The abbreviated work week had an impact here, just as with last week's sales, but Manhattan new developments put on an especially impressive showing, accounting for over 50% of the new development contracts in the past week.
But for all the success new development condos are having, listings in older buildings have to go to greater lengths to set themselves apart. As February 2023 draws to a close, a total of 250 sales listings throughout New York experienced price reductions. A selection of notable homes may be found below.
But for all the success new development condos are having, listings in older buildings have to go to greater lengths to set themselves apart. As February 2023 draws to a close, a total of 250 sales listings throughout New York experienced price reductions. A selection of notable homes may be found below.
In this article:
From the Listing: This fully furnished condo/hotel unit offers the ideal mix between personal use and an investments, as the hotel rents and manages the unit entirely, and the unit owner has the option to utilize it for 179 days per year. The luxurious suite features floor-to-ceiling windows with gorgeous views of Central Park and the city. Enjoy the fully-equipped European-style kitchen, entertainment center with flat-screen TV, and oversized desk for work. The bathroom features an entire marble bathroom with shower and private jacuzzi. See floor plan and full details here.
From the Listing: 141-143 East 63rd Street is a new townhouse offering in the heart of the Upper East Side, ready for its new owner to finish out the renovation where much of the "heavy lift" has been completed. Two twin townhouses were combined to create a 25’ wide mansion, with plans designed and executed by the acclaimed architecture firm DHD. All of the floors have been releveled, excavation complete, beams installed, and windows installed, and the new owner has the choice of finishes to complete the home, which the construction team estimates will take approximately one year. See floor plan and full details here.
From the Listing: Looking for a unique split two-bedroom apartment in an iconic pre-war coop with tons of Old World charm? This is the place for you. Bright and spacious with two huge primary suites (one with a dressing room), a large eat-in kitchen, three walk-in closets and an oversized living area with treetop views of Central Park, well-maintained wood paneling and floors, and a decorative fireplace and washer/dryer in unit. See floor plan and full details here.
From the Listing: Situated in an intimate full-service condominium just a block-and-a-half from Central Park, this home offers front-row access to Manhattan’s best shopping, dining, art and culture. The exceptional 2,600-square-foot property welcomes you with a private elevator hall and a gracious foyer flanked by large closets. Offering an ideal layout for entertaining, the stately entry gallery leads to a 28-foot-long living room where walls of south-facing windows open to a long private terrace. Gleaming hardwood floors, tall coffered ceilings and recessed lighting underscore the grand proportions. Pocket doors throughout the home allow you to conceal and reveal living spaces and private quarters as desired. See floor plan and full details here.
From the Listing: This extraordinary Central Park West duplex apartment features fully renovated 4 bedroom, 4.5 baths, and a large eat-in kitchen. A grand foyer opens to a beautiful staircase curving upward to the second floor. The breathtaking circular living room, lined with windows facing south and west with Central Park views, is truly a unique space, with a spectacular 37-foot cathedral ceiling in one of the five turreted structures. The double windowed gourmet eat-in-kitchen was completely renovated with beautiful forest green granite on both the counter-tops and island along with all new high-end appliances and extra cabinet space. See floor plan and full details here.
From the Listing: This Paris Forino-designed two-bedroom, two-bath penthouse features two expansive private terraces and amazing city views stretching north to The Empire State Building, unobstructed southern and western views. The interior is exquisitely finished with solid white oak herringbone wood flooring and crown moldings throughout. Each room is flooded with abundant natural light and air through expansive windows and generous ceiling heights. The custom designed kitchen features honed charcoal granite countertops and backsplash, a spacious center island, espresso-stained oak cabinetry finished with brushed bronze hardware and a full suite of Wolf, Sub-Zero and Bosch appliances. The primary bedroom is a serene private retreat featuring a large walk-in closet and a 356-square-foot private terrace. See floor plan and full details here.
From the Listing: This beautiful newly renovated spacious two-bedroom plus home office duplex home with two wraparound terraces checks all the boxes. Walk right into the grand foyer that opens to an oversized living room with a fireplace and a wraparound terrace and neatly tucked in large open kitchen with an enormous island and stainless-steel appliances. Original apartment details include beautiful concrete ceiling joists, original solid wood doors with brass hardware and wood floors that have been refinished to perfection. Sponsor unit; abbreviated board package required. See floor plan and full details here.
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From the Listing: Behold sweeping views of Central Park and Grand Army Plaza from this high floor, newly renovated residence. At approximately 1,600 square feet, this stunning home is in triple mint condition and move in ready. A spacious marble foyer leads to the sun flooded, corner living room with double exposures to the south and west. The adjacent, south facing library can also function as either a second bedroom, or formal dining room. The expansive primary suite faces Central Park and features a large, park facing dressing room and a luxurious, ensuite bathroom with double vanity and shower. Twice-daily housekeeping and utilities are included in the monthly fees. See floor plan and full details here.
From the Listing: Truly exceptional, the thoughtful design of this sprawling, 1,700+ square-foot apartment feels right from the minute you walk in the door. Generous proportions, with soaring 12-foot ceilings, breathtaking natural light, panoramic views of the Empire State Building and East River bridges, a great open plan and three bedrooms, all of which can accommodate king- or queen-size beds with room to spare, and two of the three have huge walk-in closets. The kitchen features stone countertops and stainless steel appliances, with a perfect chef’s triangle configuration and large island for auxiliary food prep and casual barstool seating. See floor plan and full details here.
From the Listing: Suite 3810 is a corner one bedroom suite with amazing river, city, and skyline views. The primary bedroom has a king-size bed, fully equipped bar, mini kitchenette, oversized 1.5 bathrooms. The living room sofa opens and can easily accommodate two children. There are 3 TVs so one is never at a loss for what’s happening all over the world. Place your unit with The Dominick Rental Program and sit back and incur the income! See floor plan and full details here.
From the Listing: This luxurious suite features floor-to-ceiling windows with gorgeous views of Central Park and the city. Enjoy the fully-equipped European-style kitchen, entertainment center with flat-screen TV, and over-sized desk for work. The bathroom features an entire marble bathroom with shower and private jacuzzi. Trump International Hotel and Tower at One Central Park West is a five star condominium hotel with white-glove service. See floor plan and full details here.
From the Listing: Spectacular city and river day and night views in a beautifully renovated high-floor 2-bed/2-bath home in a boutique condominium centrally located in Midtown with north, south and east exposures. This home features a corner living room facing north/east with gorgeous panoramic city and river views. The primary bedroom faces south with a renovated en-suite bathroom with a soaking tub and separate stall shower. The renovated windowed kitchen faces east and is a chef’s delight with custom cabinets, granite counters, and top-of-the-line Sub-Zero and Miele appliances. Motivated seller! See floor plan and full details here.
From the Listing: Sun-flooded 2-bedroom, 2-bathroom penthouse condo with panoramic views of the Hudson River and the High Line as well as dramatic south, north, and west views from enormous windows and soaring 10’-plus ceilings. A key-locked elevator opens into the impressive entry hall leading to a superbly proportioned living and entertaining space with a wood-burning fireplace, and white oak floors. An expansive private outdoor terrace with Ipe wood decking and outdoor sound system is the focal point of this modern aerie. Adjacent is the exceptionally appointed modern open kitchen with a custom designed white Corian island, built-in wine cooler, white oak cabinets, concealed Sub-Zero refrigerator, Miele oven and Bosch dishwasher. See floor plan and full details here.
From the Listing: This sun-drenched, east facing home features charming prewar details such as original hardwood floors, 9-foot beamed ceilings, and picturesque casement windows. Upon entering through the foyer, the home’s living, dining, and kitchen all come together in an open concept layout that is perfect for entertaining. The kitchen features top-of-the-line stainless steel appliances, an abundance of storage, custom cabinetry, and plenty of countertop space. The king-sized primary suite is generously proportioned and features multiple closets including a dressing room and an en-suite bathroom. See floor plan and full details here.
From the Listing: This spectacular residence is a nod to old New York glamour housed in a modern luxury apartment complex fully outfitted with contemporary comforts. This exquisitely finished apartment features stained walnut hardwood floors, custom moldings, and sound-abatement windows throughout. The generous foyer leads into a spacious hallway cum gallery space that branches alternately into the great room and dining area or the living quarters and primary bedroom. Take the path to your left and enter the so-called great room, a 30-foot-long space optimal for entertaining or relaxing. With charming French doors, the attached Juliet balcony is the perfect space to take in lively views of Broadway or cultivate sun-loving houseplants. See floor plan and full details here.
From the Listing: Sweeping northern and eastern exposures and stunning 9’6" floor-to-ceiling windows provide an abundance of natural light to this home’s grand living space. The chef’s kitchen, featuring Caeserstone countertops and professional-grade appliances by Viking and Bosch, opens to a loft-like living room and dining area which provide a gracious setting for entertaining and enjoying friends and family. The spacious primary bedroom, outfitted with custom California Closets, integrated built-in storage, easily accommodates a king-sized bed and features a spa-like bathroom appointed with Blue de Savoie and Stellar White marble. See floor plan and full details here.
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?