Manhattan Sales:
- For the week ending March 17, 2023, $368,427,227 worth of transactions across 198 condo, condop, and cooperative deals were recorded
- 80 condo sales came to an aggregate price of $237,894,911
- Two condop sales came to an aggregate price of $2,959,000
- 116 co-op sales came to an aggregate price of $127,573,316
In this article:
One57, the tower largely considered the harbinger of Billionaires' Row, found itself back on top last week with a three-bedroom condo that closed for $19,300,000. This was the past week's highest sale by a comfortable margin - the second-highest, located at the nearby 220 Central Park South, closed for $14,800,875 - but records indicate that this was 22.2% below the last asking price of $24,800,000. Moreover, The Real Deal notes that the seller (identified only through an LLC, as was the buyer) took a loss on the condo, having purchased it for $24,594,238 in 2015.
The unidentified seller at One57 was not the only one to take a loss on their Midtown West condominium: A short distance away, investment banker Ken Moelis sold his apartment at The Plaza for $10,750,000. While that was good enough for the third-highest sale of the past week, the New York Post noted that Mr. Moelis bought it for $11.23 million in 2007.
The unidentified seller at One57 was not the only one to take a loss on their Midtown West condominium: A short distance away, investment banker Ken Moelis sold his apartment at The Plaza for $10,750,000. While that was good enough for the third-highest sale of the past week, the New York Post noted that Mr. Moelis bought it for $11.23 million in 2007.
The top downtown sale and fourth-highest overall took place at 160 Wooster Street, a Soho condominium with only 15 units, including two duplex penthouses with custom staircases and private terraces. One of those penthouses sold for $10,300,000 to a buyer identified only through an LLC; public records list the seller as Lewis Sanders, former chairman and CEO of AllianceBernstein, and his wife Alice Sanders. Records also indicate that in stark contrast to their uptown compatriots, these sellers are making a tidy profit, having bought the apartment for $6,400,000 in 2007.
The top co-op sale and fifth-highest of the past week was a massive five-bedroom spread at 271 Central Park West that sold for $9,300,000. Public records list the buyer as Jay Lefkowitz, a lawyer and Columbia University lecturer who has served in the administrations of Presidents George H.W. Bush and George W. Bush, and his wife, Elena Lefkowitz.
From the Listing:
This Jamie Drake-designed half-floor three-bedroom, three and a half-bath delivers extraordinary sophistication, elegance and scale. The residence is entered through a spacious gallery with phenomenal Central Park views that flow into a spectacular Grand Salon with soaring 11’10" ceilings and dimensions of 43 by 30 feet. It is the centerpiece of this exceptional residence, and the ideal setting for formal entertaining and showcasing fine art. The custom designed floor-to-ceiling curtain wall reveals magnificent Central Park, Hudson River, and George Washington Bridge views to the north, and captures the elegance of the Manhattan skyline, including the Chrysler, Empire State, and One Vanderbilt Buildings to the south. Equally exquisite is the primary suite with dimensions of more than 1,000 square feet that occupies the entire eastern wing of the building and boasts breathtaking Central Park and city views to the north, east and south.
This Jamie Drake-designed half-floor three-bedroom, three and a half-bath delivers extraordinary sophistication, elegance and scale. The residence is entered through a spacious gallery with phenomenal Central Park views that flow into a spectacular Grand Salon with soaring 11’10" ceilings and dimensions of 43 by 30 feet. It is the centerpiece of this exceptional residence, and the ideal setting for formal entertaining and showcasing fine art. The custom designed floor-to-ceiling curtain wall reveals magnificent Central Park, Hudson River, and George Washington Bridge views to the north, and captures the elegance of the Manhattan skyline, including the Chrysler, Empire State, and One Vanderbilt Buildings to the south. Equally exquisite is the primary suite with dimensions of more than 1,000 square feet that occupies the entire eastern wing of the building and boasts breathtaking Central Park and city views to the north, east and south.
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From the Listing:
This spectacular 3-bedroom, 3-bath residence has been thoughtfully designed by world renowned interior designer Kerry Joyce, using the finest quality of materials and finishes throughout. Never before offered to the market until now, this exquisite home features a beautiful floor plan, with grand scale picturesque windows showcasing the most breathtaking and protected views of Central Park.
The elegant and welcoming entry foyer leads to a spacious and open living/dining great room with extraordinary proportions, perfect for entertaining intimate or large gatherings. Added window benches allow you to enjoy the true splendor of perfectly centered Park views. A glamorous gallery hall leads to all three bedrooms. It features fully outfitted custom closets for all your storage needs, the entire length of the hall. The primary bedroom suite is a true sanctuary, featuring a lavish dressing area, as well as a sitting area, and customized closets, including a separate walk-in closet.
This spectacular 3-bedroom, 3-bath residence has been thoughtfully designed by world renowned interior designer Kerry Joyce, using the finest quality of materials and finishes throughout. Never before offered to the market until now, this exquisite home features a beautiful floor plan, with grand scale picturesque windows showcasing the most breathtaking and protected views of Central Park.
The elegant and welcoming entry foyer leads to a spacious and open living/dining great room with extraordinary proportions, perfect for entertaining intimate or large gatherings. Added window benches allow you to enjoy the true splendor of perfectly centered Park views. A glamorous gallery hall leads to all three bedrooms. It features fully outfitted custom closets for all your storage needs, the entire length of the hall. The primary bedroom suite is a true sanctuary, featuring a lavish dressing area, as well as a sitting area, and customized closets, including a separate walk-in closet.
From the Listing:
Welcome home to 9E at 271 Central Park West, a one-of-a-kind Upper West Side residence offering 60 feet of direct Central Park frontage encompassing a canopy of greenery, front row views of the iconic reservoir and the Fifth Avenue skyline and dramatic vistas all the way down to Central Park South and the architectural glory of the 57th Street corridor. Defining features of this wow factor home include 20 windows, a wood burning fireplace, 10’2’’ ceiling heights, stunning herringbone floors and a sprawling floor plan comprising approximately 3,300 square feet with a 34-foot-long great room and a separate family room. Perched high above the trees and bathed in natural light from eastern, southern and western exposures, this beautifully renovated 5-bedroom home is ready for its next chapter.
Welcome home to 9E at 271 Central Park West, a one-of-a-kind Upper West Side residence offering 60 feet of direct Central Park frontage encompassing a canopy of greenery, front row views of the iconic reservoir and the Fifth Avenue skyline and dramatic vistas all the way down to Central Park South and the architectural glory of the 57th Street corridor. Defining features of this wow factor home include 20 windows, a wood burning fireplace, 10’2’’ ceiling heights, stunning herringbone floors and a sprawling floor plan comprising approximately 3,300 square feet with a 34-foot-long great room and a separate family room. Perched high above the trees and bathed in natural light from eastern, southern and western exposures, this beautifully renovated 5-bedroom home is ready for its next chapter.
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?