The following is an overview of one of the hundreds of datasets that will be available on TRD Pro – the one stop real estate terminal that provides all the market data and information you need.
A post-Covid frenzy for Manhattan homes may have given way to a summertime downturn, but buyers still managed to close several eight-figure properties in the borough last month.
The 10 most expensive residential closures recorded in Manhattan last month totaled more than a quarter of a billion dollars.
But it’s one of Midtown’s Billionaires’ Row newer projects that won the most expensive deal of the month: the Aman New York Residences, a condo conversion by Vlad Doronin’s OKO Group atop the Crown Building at 730 Fifth Avenue.
A mystery shopper bought Unit 21A for $53.4 million, the building’s third sponsor unit to sell for at least $50 million since May.
Doronin partnered with developer Michael Shvo to buy the building for $475 million in 2015 and remodeled most of its offices into luxury condos. Shvo later left the partnership, although he retains a small stake. Brookfield Property Partners owns the retail floors of the building below.
The second most expensive deal recorded last month was another sponsor unit. Gary Barnett’s Extell Development has secured $43.9 million for Unit 115 at 217 West 57th Street, also known as Central Park Tower.
The 7,000 square foot unit sold for significantly less than its original asking price, continuing a trend of discounts in the luxury tower. Although the project’s most expensive unit – a penthouse that went on the market earlier this month with listing agent Ryan Serhant for the staggering sum of $250 million – could help make up the difference.
The third and fourth most expensive sales last month were both for Zeckendorf development projects designed by renowned architect Robert AM Stern. Unit 11D at 15 Central Park West, an off-market resale, fetched $28 million, while a sponsor unit at 520 Park Avenue in Lenox Hill sold for $27 million.
Fifth on the list was an Icon Realty Management Beckford Tower penthouse at 301 East 80th Street in Yorkville. The sponsor unit sold for $25.2 million, records show. Douglas Elliman’s Barbara Russo and Danielle Englebardt had the list.
Another notable top 10 deal was at 100 11th Avenue in Chelsea, where actor Hugh Jackman paid $21.1 million for a penthouse. Douglas Elliman’s Noble Black had that list.
The developers of the building, which bears the name of the architect who designed it, Jean Nouvel, are Alf Naman Real Estate Advisors and Cape Advisors.