Following the collapse of Silicon Valley Bank and the closure of Signature Bank, regulators have rushed in to contain the fallout and consider the interest rate increases that contributed to Silicon Valley Bank's woes. Nevertheless, worries have rippled out beyond the two banks and taken their toll on the market. It is far too soon to say what long-term effects this will have, but some may continue to see New York real estate as a safe investment, especially in tumultuous times.
Meanwhile, a total of 253 sales listings throughout New York experienced price cuts from March 8-14, 2023. A selection of notable listings may be seen below.
Meanwhile, a total of 253 sales listings throughout New York experienced price cuts from March 8-14, 2023. A selection of notable listings may be seen below.
In this article:
From the Listing: Apartment 6D is a classic example of Rosario Candela’s gift for designing large, gracious, elegant homes. A beautifully appointed semi-private stone landing greets you as you step out of the elevator. This sprawling architecturally significant, two-bedroom, two and a half-bath corner home features detailed custom millwork throughout, oak floors, 9-foot plus ceilings, a wood-burning fireplace and wonderful East River views. The grand formal entry gallery leads to the large-scale dining room/library, featuring custom shelving and showcasing stunning views of the River and Queensborough Bridge. The library opens to the living room through a wide entry, sharing those wonderful East River views plus the addition of a western exposure, flooding the entertaining rooms with light. See floor plan and full details here.
From the Listing: This elegant, high floor, sun flooded, five-room apartment with delightful south facing terrace is located on 73rd Street and Park Avenue in the epicenter of the Upper East Side. One enters the unit through an entrance foyer leading into a striking gallery that forms the core of the apartment. To your left, is the spacious living room with decorative fireplace, open views and large east and north facing windows. This is followed by small private hallway leading to the large main bedroom with its double exposures, its wall of closets, and its en suite windowed bathroom with two sinks and walk-in shower. At the south end of the gallery is a charming study or dining room, with access to the adjacent kitchen, as well as doors opening on to the inviting terrace with its beautiful and unusual view of the penthouse garden opposite at 775 Park Avenue. See floor plan and full details here.
From the Listing: Enormous six-room diamond in the rough, boasting direct views of the Frick Collection gardens and side views of Central Park! You are at once greeted by a formal entrance foyer with a discretely placed powder room and large gallery. The oversized entertaining space encompasses the expansive living room to the north and the sun-flooded dining room to the south. The kitchen and the unusually large staff room (which can function as a third bedroom with full bath) also face south over the beautifully maintained townhouse gardens. The primary and second bedrooms are accessed by a small corridor off the gallery. See floor plan and full details here.
From the Listing: Sweeping river views and Battery Park serenity await in this beautifully combined two-bedroom, two-bathroom home featuring a massive living/dining space and convenient home office. Two massive bay windows frame views of the Hudson River, Jersey City skyline and the Statue of Liberty while gleaming wood floors and tall ceilings amplify the bright and airy ambiance. The sprawling 550-square-foot great room offers a generous footprint for relaxing and entertaining alongside an open kitchen finished with sleek cabinetry, granite counters and stainless steel appliances. The desirable split-bedroom layout places two extra-large bedrooms on either side of the home, each offering signature water outlooks, a roomy closet and direct access to a beautifully appointed full bathroom. See floor plan and full details here.
From the Listing: This triple-mint, 8-room, 3-bedroom home is a designer’s delight. A grand foyer leads to a beautifully proportioned living room with a wood-burning fireplace. There is ample space for two seating areas and even a baby grand piano! The exterior-facing dining room is bright and beautiful. Equipped with every top-of-the-line appliance, double ovens, and unbelievable storage space, this enormous state-of-the-art eat-in kitchen is a chef’s dream. The piece de resistance is the very spacious den/hangout/TV room where everyone can gather and overlook the garden’s lush greenery. The primary bedroom is spacious and faces the garden, has custom closets, a desk area, and the loveliest bath with a soaking tub and shower. See floor plan and full details here.
From the Listing: Spanning approximately 3,129 square feet of interior space with 3 private balconies, this rarely available AB-line is on the highest floor achievable in the building. It boasts two corner exposures with jaw-dropping views to the north, south and east, from which take in sights of the city’s most iconic landmarks from One World Trade and the Empire State Building, to the Chrysler Building, East River, the Queensboro Bridge and more. The expansive layout of this home provides for a natural separation of living and sleeping areas. Two generously sized great rooms, each with a corner exposure and its own wrap-balcony, border each side of the large, eat-in kitchen. See floor plan and full details here.
From the Listing: With both northern and southern exposures, this apartment offers breathtaking views of the Freedom Tower, Hudson Yards and the Hudson River. Greeted through a private elevator vestibule, the 50 foot, south facing great room with adjoining open, Poggenpohl kitchen is flooded with natural light and sets the stage for both large scale entertaining and intimate gatherings. Access to the 630-square-foot rooftop is available on the 2nd floor of the apartment. The kitchen features marble countertops with breakfast bar, a custom paneled Liebherr refrigerator, Bosch dishwasher and Miele cooktop, oven and coffee maker. See floor plan and full details here.
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From the Listing: Move right into this lovely duplex! This spacious two bedroom/convertible three bedroom duplex awaits! Closets galore. The building has a laundry, intercom and a CE certified elevator/hydraulic lift in the lobby that makes the building wheelchair accessible. See floor plan and full details here.
From the Listing: Extraordinary in every detail, this 6,800+ square-foot penthouse lives like a single-family home with lavish entertaining spaces, six luxurious bedroom suites and over 2,000 square feet of private outdoor space. You’ll find only the finest materials throughout, including rich walnut flooring, premium stone, and bespoke design features. The magnificent great room boasts floor-to-ceiling windows framing spectacular city, river and sunset views. Relax alongside the freestanding bronze and glass fireplace and drop-down movie screen while a walk-up bar with folding doors keeps refreshments close at hand or artfully concealed as needed. In warmer months, step out to the nearly 1,000-square-foot terrace for al fresco dining overlooking Central Park and the Hudson River. See floor plan and full details here.
From the Listing: With soaring 18-foot ceilings and a façade facing south, this one-bedroom duplex gets plenty of sun and gives off "big apartment" energy. The lower level of the home flows past a pristine gut-renovated kitchen and into an airy double-height living and dining area saturated with southern light. A gorgeous staircase leads up to a windowed mezzanine that’s open to the lower level and has an enormous walk-in closet. See floor plan and full details here.
From the Listing: Perched on the 28th floor, this spacious, sprawling home offers every coveted feature necessary for gracious and luxurious Manhattan living. The large entry gallery, with adjacent bar and powder room, serves as the central hub to the grand entertaining and living spaces. The panoramic views beckon you to the formal dining room, and living room. The eat-in kitchen has top stainless appliances, large windows, a center island, and extensive counter space and storage. The primary bedroom suite has another corner bay window and extraordinary views to the north and east. See floor plan and full details here.
From the Listing: This sprawling, gut renovated classic five at The Ansonia was lovingly designed into a stunning home with a Parisian aesthetic. Throughout the apartment you will find rare and desirable round rooms; eastern exposures with oversized windows; original hardwood floors; high ceilings; crown moldings; window seats; mirrored French closet doors; and custom lighting. The apartment has a formal double door entry, leading into a entry gallery with a hidden closet. To the right is the formal dining room looking out onto Broadway and a hand-painted, Asian-motif faux fireplace and custom mirror. The living room also has a custom decorative fireplace, and double French doors that lead into the second bedroom.
See floor plan and full details here.
From the Listing: On a high floor, this corner alcove studio apartment has it all. Step into an entrance foyer which leads to an oversized living room/dining with a wall of windows facing west and south and flooded with sun and light with open city views. There is a wonderful murphy bed in the center of the room. The corner alcove windowed eat-in kitchen is fully equipped with stainless steel appliances and plenty of storage. The large windowed bathroom has a stall shower and a large marble vanity. The apartment has wood floors, three closets, recessed lighting, and perfect for living and entertaining.
See floor plan and full details here.
From the Listing: Built with a modern aesthetic, the homes at 14Forty offer a timeless design, which are complemented by the open plan layouts and inflow of natural light. Adding to all of the necessary conveniences, all homes are equipped with a washer and dryer, with select residences featuring private outdoor space. Residence features include modern kitchen with Samsung appliances, a spacious bedroom, hardwood flooring, large windows, and in-unit washer/dryer. Pay no common charges for one year on a signed contract through March 31, 2023! See floor plan and full details here.
From the Listing: Located off Fifth Avenue on Manhattan’s Upper East Side is this bright one-bedroom with a separate dining area, a renovated kitchen and bath, hardwood floors and prewar charm. A washer and dryer may be installed. 12 East 97th Street is a beautiful prewar building that’s pet friendly, with full-time doormen and a live-in super. The building has a charming lobby and a landscaped garden entry. See floor plan and full details here.
From the Listing: High-floor corner two-bedroom's thoughtful layout makes the most of its 1,233 square feet. The entry foyer leads you into a south/west corner living room, flooded with light and graced by an L-shaped stylish kitchen with windows. The split bedroom design ensures a sense of privacy and has two closets and three floor-to-ceiling windows. A separate, spacious windowed den is ideal for a home office. See 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?