According to a recent CityRealty report, the Financial District was one of the top condo price gainers of 2023. Where the area was previously bustling on business days and silent on weekends, it has become increasingly livable and attractive thanks to a number of exciting retail and restaurant options, the revitalization of the Seaport, and the opening of the neighborhood's first Whole Foods in early 2023. The convenience of the Fulton Street transportation hub doesn't hurt either, and the area is home to several exciting office-to-residential conversions and new construction residences alike.
However, between increasing competition in Lower Manhattan and other high-profile neighborhoods clamoring for luxury buyers' attention, the sponsors of some new condominiums are reducing prices to draw attention back to their buildings. A case in point is 130 William: Despite an award-winning design, well-thought interiors, and luxurious amenity package, a number of high-floor sponsor units have had their prices cut. About a quarter mile away, as 25 Park Row approaches a sellout, the three sponsor units currently on the market also had their prices reduced.
In this article:
Listings at 130 William and 25 Park Row were among the 212 sales listings throughout New York that experienced price cuts from January 17-23, 2024. Notable listings and a full list of last week's discounts may be viewed below. Please be advised that all quoted figures reflect cumulative price cuts as opposed to the most recent reductions.
From the Listing: This 2,115-square-foot three-bedroom, three-and-a-half bath home offers sweeping views of historic City Hall Park and southeast views. Upon entering the windowed foyer with powder room and walk in closet, one continues to the open living dining kitchen area with a wall of windows on each side. Fine finishes include wide plank Italian oak flooring, 9" decorative mouldings, and oversized casement windows accented with Juliet balconies. See floor plan and full details here.
From the Listing: Residence 49C is a four-bedroom, three-bathroom duplex home featuring two floors of expansive living, dining and bedroom space, separated by a beautiful custom David Adjaye designed spiral staircase. Oversized arched windows with elegant bronze detailing frame panoramic river and New York City skyline views. The residence boasts an island kitchen with custom Pedini Italian textured blackened oak cabinetry, Salvatori Pietra Cardosa marble countertops and backsplash hand-selected from the Apuan Alps in Tuscany with a Salvatori Nero Marquina cantilever providing additional seating, and state-of-the-art appliances. See floor plan and full details here.
From the Listing: Two apartments have already been combined to create a large 3-bedroom/4.5-bath corner residence with open, sunny, southwestern views and two original kitchens. A gracious entry foyer with powder room opens into the over-sized living/dining room with over 36’ feet of windows facing onto Park Avenue and East 73rd Street. A hallway with a substantial walk-in-closet leads to the private quarters - a spacious primary bedroom and 2 additional bedrooms with en-suite baths. Hardwood floors, high beamed ceilings, and generous closets abound throughout this 2,500+ square-foot home. See floor plan and full details here.
From the Listing: Upon entering this exquisite duplex apartment, you are greeted with a sense of modern elegance and spaciousness. Embrace the soaring 10-foot high ceilings and open concept living area that seamlessly flows from the living room, dining space, terrace and a luxuriously designed kitchen. A staircase elegantly connects the loft-like living space to the oversized bedroom on the second floor. See floor plan and full details here.
From the Listing: Perched on the 39th floor, bathed in an abundance of natural light, this is a rare opportunity create a luxurious apartment, with a private terrace. The moment you enter this open-concept layout you’ll be blown away by the breathtaking views south and east, showcasing awe-inspiring panoramas of the East River and iconic buildings south. Bring your architect to create your dream apartment and take advantage of attributes that feature high ceilings, an airy and spacious atmosphere with oversized rooms and oversized tilt and turn soundproof windows. See floor plan and full details here.
From the Listing: Key-locked elevator access welcomes you inside this 2,498-square-foot sanctuary to discover sky-high ceilings finished with recessed lighting, beautiful hardwood floors, sleek custom millwork and a soothing neutral color palette throughout. The expansive living/dining room sets the stage for serene relaxation and large-scale entertaining alongside a wall of built-in cabinetry and oversized west-facing windows framing views of The Bean, Downtown’s largest public installation. The open kitchen is perfectly arranged for cooking and gathering with abundant cabinetry and a large center island. 100-square-foot private storage room included. See floor plan and full details here.
From the Listing: Enter this DUMBO apartment to discover a sprawling great room with a built-in entertainment center and bar by Armada NY. This is open to the gorgeous chef’s kitchen complete with La Rochelle Gris marble slab countertops, a suite of Gaggenau appliances including a wine refrigerator, and custom cabinetry by Aster Cucine offering abundant storage space. The king-sized primary suite has been reconfigured with a remarkable custom-built dressing room and stunning five-piece en-suite bath finished with walnut marble flooring. See floor plan and full details here.
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From the Listing: This sprawling and luxurious three-bedroom, three-bathroom Upper West Side home is in an amenity-driven prewar, fronting Riverside Park. The spacious entrance foyer leads into an expansive and open great room that is graced with over 9-foot-high coffered ceilings, solid white oak 5" herringbone floors and, custom millwork and moldings throughout. The beautifully appointed, windowed kitchen is complete with high-end appliances, custom high gloss cabinetry with Cambridge mesh accents and a beautiful pearl grey quartzite countertop and backsplash. See floor plan and full details here.
From the Listing: Nestled in Carnegie Hill, this seven-room apartment is pre-war perfection. The entrance gallery leads you into a spacious living room where you can get cozy around a wood-burning fireplace. The library is perfect for curling up with a book with wood paneling throughout. The dining room has generous space for entertaining and features a built-in wet bar. This leads directly into a large eat-in kitchen, with an island and built-in banquette. See floor plan and full details here.
From the Listing: This exceptional triplex penthouse features 10 rooms, 5 bedrooms, 6 baths plus a powder room, and a private elevator servicing all floors is brimming in premium finishes and elegant details. Complementing the magnificent interiors are extensive planted terraces spanning over 2,000 square feet for the ultimate outdoor pleasure. Newly and impeccably-designed with steel and walls of glass, and wrapped in gorgeous European materials, this trophy penthouse is truly rare and one of a kind. See floor plan and full details here.
From the Listing: Beautiful corner apartment receives excellent sunlight from its southern and eastern exposures. It features a elegant foyer, a spacious corner living room, a formal dining room, a lovely windowed eat-in-kitchen with granite counters, a guest powder room, a primary bedroom with a luxurious marble en suite bathroom, and two additional bedrooms, each with en suite marble bathrooms. The apartment has 10-foot ceilings, brand new floors and floor-ceiling tinted windows. See floor plan and full details here.
From the Listing: Introducing 100 Vandam, where echoes of the past set the tone for the future of luxury living. Two-bedroom apartment features 1,906 interior square feet, 95 square feet of private outdoor space, and custom Poliform kitchen with Gaggenau appliances. Parking is available for purchase. See floor plan and full details here.
From the Listing: Rarely available, this gracious full floor home in the beloved 1125 Fifth Avenue offers spectacular sweeping views of Central Park and the Reservoir from all public rooms, and sunny open skyline views from all other secondary rooms. Entering via a private landing into the gracious 25-foot gallery, you’re immediately greeted by high ceilings, herringbone floors, and streaming light. The grand scaled living room with corner Park exposure and a fireplace opens up to a stately dining room, offering 50 feet of direct Central Park/Reservoir frontage. Adjacent is the large windowed kitchen, butler’s pantry and full laundry room with washer and vented dryer. See floor plan and full details here.
From the Listing: The sprawling Park Avenue penthouse features four exposures with unobstructed Manhattan skyline views, beautifully planted wraparound terrace with irrigation system, enclosed sun room, library with a wet bar, chef’s state-of-the-art kitchen, formal dining room, pantry with full size wine cooler, private keyed-elevator, multi-zone central air conditioning, unique mahogany doors, oak hardwood floors, two wood-burning fireplaces, laundry room, and generous closet space. The graceful layout provides an easy flow into each room with ultra-high ceilings and charming prewar details. The apartment is perfect for entertaining on a grand scale. See floor plan and full details here.
From the Listing: One block from Central Park on Manhattan’s Upper East Side, this 2-3 bedroom, 2.5 bath apartment is very recently completely renovated. The living room has west and south-facing windows, a wood-burning fireplace and beautiful coffered ceilings. The large formal dining room also has beautiful coffered ceilings. The large well-designed eat-in kitchen has a center island with generous counter space, top-quality appliances, heated floors and a pleasant dining area with built-in TV. The apartment comes with a 5' x 6' individual storage cage in the basement. See floor plan and full details here.
From the Listing: This spectacular Penthouse unit, located just off of Park Avenue, boasts over 3,000 square feet of interior space, approximately 1,600 square feet of terraces, and is bathed in light with exposures in all four directions. Entry to the Penthouse is through a gracious sitting room/private gallery with access onto the west terrace. Off of the expansive living room are the luxurious primary bedroom suite, with its large windowed en-suite bath, huge eat-in gourmet kitchen equipped with top-of-the-line appliances, and a second bedroom also with an en-suite bath.
Please note that the above-referenced price reflects the minimum bid for the property, which is being marketed for sale by private luxury property auction. Bidding is open now through March 14, 2024. Seller reserves the right to accept or reject bids. See floor plan and full details here.
Please note that the above-referenced price reflects the minimum bid for the property, which is being marketed for sale by private luxury property auction. Bidding is open now through March 14, 2024. Seller reserves the right to accept or reject bids. 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?