Manhattan Sales:
- For the week ending November 17, 2023, $436,486,506 worth of transactions across 254 condo, condop, and cooperative deals were recorded
- 92 condo sales came to an aggregate price of $222,783,207
- Five condop sales came to an aggregate price of $7,414,601
- 157 co-op sales came to an aggregate price of $206,288,698
In this article:
The top sale of the past week was for Residence #19EF at Central Park West cooperative The Majestic, which sold for $20,500,000. The five-bedroom, five-bath home offers direct elevator entry, a bookshelf-lined library, and a private terrace ideal for enjoying Central Park foliage.
The buyer was identified only through a trust, but the seller is listed as Susan Weber, historian, philanthropist, and ex-wife of investor George Soros. While good enough for the top sale of the week, the price nevertheless represents a 59 percent reduction from when it was first listed for $50 million in 2012; it had been on and off the market ever since. It entered contract with an asking price of $24,500,000 in June 2023.
The buyer was identified only through a trust, but the seller is listed as Susan Weber, historian, philanthropist, and ex-wife of investor George Soros. While good enough for the top sale of the week, the price nevertheless represents a 59 percent reduction from when it was first listed for $50 million in 2012; it had been on and off the market ever since. It entered contract with an asking price of $24,500,000 in June 2023.
On the opposite side of Central Park, a five-bedroom duplex at 941 Park Avenue had the second-highest co-op sale and fourth-highest overall at $10,300,000, or slightly under the $10.5 million ask when it entered contract in May 2023. Public records indicate that it appears to have traded from one high-powered executive to another: It was sold by the estate of Nancy Garvey, an executive at Allied Signal Corporation (now Honeywell), to finance/investment executive Emily Stecher.
But while prestigious prewar Upper East Side and Upper West Side cooperatives have clearly retained their cachet among luxury buyers, last week's sales acted as a further demonstration of how Tribeca has emerged as a favorite among today's wealthiest. Residence #1A at The Lispenard, a classic cast-iron building dating back to the mid-19th century, was hot on The Majestic's heels with a $19,460,000 sale that appears to have taken place off-market; both parties conducted the transaction for the week's highest-priced condo through LLCs. Less than a mile northwest, a high-floor three-bed at skyline standout 111 Murray Street had the fifth-highest sale at $9,750,000.
Super-skinny supertall 111 West 57th Street rounded out the top five with Residence #14N, which sold for $13,085,981 in the third-highest sale, or slightly above the $12.95 million ask when it entered contract in August 2023. The four-bedroom, four and a half-bath home is located in the restored Steinway Hall component of the new condominium and is rich in prewar-inspired details.
From the Listing:
At 3,197 square feet, this exceptional 3-bedroom, 3.5-bathroom residence with ceilings up to 11’2’ comprises an entire half floor, offering expansive north, south, and east-facing panoramic city views to the Empire State Building, Hudson and East Rivers and beyond. From a private elevator vestibule, a grand set of double doors reveals a formal entry foyer that leads to a breathtaking corner living and dining room. Floor-to-ceiling glass wraps this sprawling 32’7" x 18’5" space for exceptional natural light and spectacular north and east-facing vistas. The adjacent eat-in kitchen with an entire wall of floor-to-ceiling windows, center island breakfast bar, and dual points of entry, allows for seamless entertaining and intimate daily living alike.
At 3,197 square feet, this exceptional 3-bedroom, 3.5-bathroom residence with ceilings up to 11’2’ comprises an entire half floor, offering expansive north, south, and east-facing panoramic city views to the Empire State Building, Hudson and East Rivers and beyond. From a private elevator vestibule, a grand set of double doors reveals a formal entry foyer that leads to a breathtaking corner living and dining room. Floor-to-ceiling glass wraps this sprawling 32’7" x 18’5" space for exceptional natural light and spectacular north and east-facing vistas. The adjacent eat-in kitchen with an entire wall of floor-to-ceiling windows, center island breakfast bar, and dual points of entry, allows for seamless entertaining and intimate daily living alike.
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From the Listing:
This elegant 5 bedroom, 6.5 bathroom apartment is truly one of a kind, with the fifth floor dedicated to amazing living/entertaining space, private sleeping quarters above on the sixth floor, and a separate windowed staff room, office or bedroom with a full bath on the building’s first floor. It lives like a real home and is accessed by a semi-private elevator landing, opening to a closet-lined entry foyer and gracious gallery with stately staircase. Host lavish or intimate gatherings in the oversized living room with a wood-burning fireplace and Park Avenue exposures. Also included with the sale is a large dedicated storage cage in the cellar.
This elegant 5 bedroom, 6.5 bathroom apartment is truly one of a kind, with the fifth floor dedicated to amazing living/entertaining space, private sleeping quarters above on the sixth floor, and a separate windowed staff room, office or bedroom with a full bath on the building’s first floor. It lives like a real home and is accessed by a semi-private elevator landing, opening to a closet-lined entry foyer and gracious gallery with stately staircase. Host lavish or intimate gatherings in the oversized living room with a wood-burning fireplace and Park Avenue exposures. Also included with the sale is a large dedicated storage cage in the cellar.
From the listing:
Move right in to Landmark Residence 14N at 111 West 57th Street, which provides an unparalleled opportunity for one who enjoys modern conveniences within grand spaces reminiscent of the pre-war era. An elegant, windowed entry foyer offers white macauba stone floors, and leads into a grand living room with double height ceilings, custom smoke gray oak floors in a parquet pattern, fireplace, and a wet bar. The living room is situated next to a spacious formal dining room offering ample room for entertaining. The separate kitchen is finished with Cristallo Gold quartzite countertops and backsplash, custom hand-crafted cabinetry, and a full suite of Gaggenau appliances.
Move right in to Landmark Residence 14N at 111 West 57th Street, which provides an unparalleled opportunity for one who enjoys modern conveniences within grand spaces reminiscent of the pre-war era. An elegant, windowed entry foyer offers white macauba stone floors, and leads into a grand living room with double height ceilings, custom smoke gray oak floors in a parquet pattern, fireplace, and a wet bar. The living room is situated next to a spacious formal dining room offering ample room for entertaining. The separate kitchen is finished with Cristallo Gold quartzite countertops and backsplash, custom hand-crafted cabinetry, and a full suite of Gaggenau appliances.
8 Available Listings for Sale from $8,495,000
From the Listing:
Step off a private elevator entry and you are greeted by sweeping Central Park and City views from both east and north exposures in the magnificent corner living room. Accessed from several rooms, including the living room and the great room/kitchen, the spectacular north-facing terrace is 104 feet long with areas wide enough for dining and lounging. The terrace boasts gorgeous views of the Park, the top of the Dakota, the San Remo, and Fifth Avenue. Unusual for a prewar building on the Park, the kitchen is open to the dining room/great room and allows one to take in the beautiful city and park views as you cook.
Step off a private elevator entry and you are greeted by sweeping Central Park and City views from both east and north exposures in the magnificent corner living room. Accessed from several rooms, including the living room and the great room/kitchen, the spectacular north-facing terrace is 104 feet long with areas wide enough for dining and lounging. The terrace boasts gorgeous views of the Park, the top of the Dakota, the San Remo, and Fifth Avenue. Unusual for a prewar building on the Park, the kitchen is open to the dining room/great room and allows one to take in the beautiful city and park views as you cook.
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?