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5 Most Expensive Homes Currently on the Market in New York City

New York Real Estate is viewed by many as one of the most competitive luxury markets in the world. There is much talk about the luxury market slowing down, but on the ultra-luxe end, there is no shortage of unique, ultra-pricey listings. From townhouses to penthouses, we rounded up a countdown of the five most expensive properties presently gracing the NYC real estate market. 

*All listings and image of respective listing agents/brokers

#5- 25 Columbus Circle, PH80

Photo: Corcoran/Deborah Grubman

Photo: Corcoran/Deborah Grubman

Related CEO Stephen Ross listed his Penthouse high above Columbus Circle in the Time Warner Center for $75 million. This has been Ross’s residence since Time Warner Center was initially completed. The interiors are designed by Tony Ingrao, who interestingly enough, have done the interiors at Related’s 35 Hudson Yards. He has customized virtually all aspects of the home.

Listed By Deborah Grubman Corcoran

#4- 45 East 22nd Street PHAB

Photo: Douglas Elliman/Noble Black, Holly Parker

Photo: Douglas Elliman/Noble Black, Holly Parker

Perched on over 13,000 square feet of living space above Madison Square Parks green space, this gorgeous triplex penthouse located at 45 East 22nd Street could be yours for a mere $77,700,000. Sprawled out over three top floors of this luxury building the penthouse features two separate studio apartments for staff, two parking spaces, access to all the buildings amenities including a golf simulator, gym, and a playroom, and not to mention the 360° views of all of Manhattan. With floor to ceiling windows and incredible entertaining space, this apartment is perfect for dinner parties and having guests over. Despite the interior concepts of Lee Mindel, Ryan Korban, and Thomas Juul-Hansen, the condo is being sold as a blank canvas for the owner to have the ability to truly make it their own.

Listing Courtesy of Douglas Elliman - Noble Black & Holly Parker

#3- 134 Charles Street

Photo: Bespoke Marketing

Photo: Bespoke Marketing

Back on the market a year later with an additional $30 million tacked on, meet 134 Charles Street. An 18,000 square foot single family home converted from a warehouse space. This listing, owned by investor Ciaran O’Kelly first popped up in 2014 on the market for a whopping $47.5 million after having purchased the building for 17 million and 2008 and giving it extensive renovations. Boasting an infinity pool, a 47-foot garden space, and a roof deck this apartment has returned once again for $80 million.


Listed By Zachary Vichinsky of Bespoke Real Estate

#2- “Le Penthouse” 172 Madison Avenue

Photo: Keller Williams NYC

Photo: Keller Williams NYC

Boasting every amenity imaginable Le Penthouse, located at 172 Madison Ave, comes in second with a price tag of $98 million. This 11 bedroom, 14 bathooom Skytop mansion is going for $4,945 per square feet, giving you almost 20,000 square feet of living space (4,500 of which are outdoor). The apartment boasts a private rooftop deck featuring a jacuzzi and a 67-foot salt water pool in addition to a gym, a pet spa, a playroom and much more. 

Listed By Raphael Sitruk and Efraim Tessler of Keller Williams

#1- “The Pinnacle” The Woolworth Building

Alchemy

Alchemy

Coming in as number one of the five most expensive listings currently on NYC’s market is the Woolworth buildings “the Pinnacle Penthouse” for $110 million which sits nearly 700 feet above the City. This penthouse is spread out above five floors featuring an elevator giving the owner easy access to all five levels. The Pinnacle first hit the market in 2017 and if sold anywhere near the asking price, it will break the record of most expensive sale ever downtown with the previous titleholder, a property at Chelsea’s Walker Towers selling for $50.9 million back in 2014. 

Alchemy Properties had to conduct extensive work to the Pinnacle before bringing it to market as the crown previously held maintenance equipment for office tenants below. Work included adding additional windows and replacing nearly 3,500 damage terra cotta on the facade. 

Besides being located in the iconic Woolworth building, this apartment boasts 360° degree views of the city, a 400 sq ft observatory, and 24-foot ceilings. 

25 Park Row Coming to Heart of New Downtown

25 Park Row NYC

The New Downtown continues to attract attention and become one of the “it” spots in the city. The most recent new development to debut in the neighborhood is 25 Park Row, situated adjacent to City Hall Park. The unique location puts it right on the cusp with easy access to the Financial District, Tribeca, and SoHo. 25 Park Row is joined by famous neighbors on multiple sides including The Beekman, The Woolworth Tower, and 30 Park Place.

25 Park Row NYC

 The 50-story art deco-inspired tower will be comprised of 110 residences with views of City Hall Park. The building is expected to achieve LEED status. 25 Park Row is designed by Cookfox Architects with architectural details throughout the building inclusive of loggias, Juliet balconies, and large, casement-style windows.

25 Park Row Views

Residences features classic details yet done in a modern way that brings the perfect sensibility to what living downtown today is all about. Residences feature finishes such as wide-plank European white oak flooring. Kitchens are done with white lacquer millwork cabinetry, cantilevered walnut islands, and are outfitted with a Miele appliance package. Master Baths are modern and luxurious, with calacatta gold marble countertops, flooring, and wainscotting with European white oak vanities. Penthouse residence master baths feature freestanding Kallista tubs.

25 Park Row Interiors
Park Row Penthouse
25 Park Row Interiors

 The building will have a suite of amenities dubbed The Park Row Club which have been curated and designed by Studio Mellone. It will offer a variety of leisure spaces that overlook City Hall Park including a living room, library with fireplace, private dining room, and billiards. A Garden and Dining Terrace provide outdoor space which will include a lounge area with space for grilling. A 65-foot swimming pool, spa treatment rooms, park-facing gym, and private yoga studio round out the curated amenity offering.

Currently availability starts with 1 Bed // 1.5 Bath offered at $1,695,000 with CC: $1,105/MO and RE Taxes: $1,105/MO.

Interested in 25 Park Row and Experiencing the New Downtown? Contact Us today!

Inside the Latest Penthouse Unveiled at 30 Park Place Designed by Santopietro

30 Park Place, the first private residences by the Four Seasons in New York, has had an overwhelmingly positive reception since its launch. The building is positioned conveniently in the heart of downtown Manhattan, moments from The Oculus, TriBeCa, and SoHo. The building unveiled its latest penthouse to hit the market, 77B, which has been designed by interior designer Alessandra Santopietro of Santopietro Interiors

Penthouse 77B

30 Park Place Penthouse 77B.jpg

Located near the top of the 937 foot tower, Penthouse 77B stuns with views from the moment you enter. Through the entry gallery, into the expansive 30'x16' living room, residents and their guests are greeted with sweeping southern, eastern, and western views. The 3,173 square foot home is comprised of 3 bedrooms and 4.5 baths. The home also features 2 outdoor terraces which are perfect for taking in the endless views.

Four Seasons Private Residences.jpg

The penthouse truly feels like a home with an eat-in kitchen, fireplace, and a separate dining room that measures 18' long with eastern and southern views. Imagine hosting a dinner party and treating your guest to the views!

30 Park Place Penthouse.jpg
30 Park Place Views.jpg

The Master Suite features dual en-suite master baths as well as terrace access and an expansive walk-in closet. The additional bedrooms all feature en-suite baths as well. 

30 Park Place PH77B Master Bath.jpg
Four Seasons New York Downtown.jpg

30 Park Place is a Silverstein Property designed by Robert A.M. Stern architects and is currently the tallest residential tower in lower Manhattan standing at 937 feet. Because this is the Four Seasons Private Residences, residents of 30 Park Place enjoy a suite of amenities and offerings that offer an unparalleled luxury living experience. Residents can enjoy access to hotel amenities such as the indoor lap pool, in-residence dining from Wolfgang Puck's CUT, and car service.

30 Park Place Facts:
•    Architect: Robert A.M. Stern
•    Collection of homes that are part of the Four Seasons Private Residences Program
•    Private Residential lobby at 30 Park Place
•    Amenities: complete Four Seasons residential concierge, 75 foot pool, 38th floor club including fitness,  private dining, and screening room.

30 Park Place- Penthouse 77B is currently on the market offered at $16,450,000

Is Downtown Driving the Luxury Market?

Financial District Manhattan

We’ve written many articles on the resurgence of downtown, from the luxury buildings along The High Line, to the rebirth of Lower Manhattan in the post 9/11 era. While Midtown developments, such as 423 Park Avenue, have certainly broken headlines for record prices, or price cuts on resales in buildings such as One57, downtown has provided much support for the overall Manhattan market. Midtown continues to see high prices for unit while volume has seen an uptick downtown.

During the middle week of May, Olshan reported a staging figured that showed the influence of downtown Manhattan on luxury transaction. Of the 21 contracts signed during that week for properties priced $4M and above, 10 were south of Midtown. Of the volume in Mid-May, nearly 50% was driven by properties in downtown Manhattan.

Why Downtown?

Buyers are flocking to Lower Manhattan for various reasons ranging from inventory, to empty nesters downsizing and looking for a new pace of life, to easy access to some of the best shopping and dining in the city.

Selection of New Development inventory in Downtown Manhattan is extensive in all neighborhoods, and these projects are bringing the most coveted architects and interior designers coupled with luxurious amenity offerings. The High Line is dotted with new buildings from the likes of Zaha Hadid and Soo Chan. In Flatiron, 45 East 22nd Street has been creating buzz and offers some of the best views of the city. Tribeca has a flurry of new projects including New York’s first Four Seasons Private Residences at 30 Park Place, the Woolworth Tower Residences, and many others such as 30 Warren and 108 Leonard Street. Meanwhile, the Financial District has welcomed 50 West Street and looks forward to the arrival of One Seaport and 130 William Street.

130 William Street coming to Lower Manhattan  via

130 William Street coming to Lower Manhattan via

In addition to a variety of inventory, Lower Manhattan is attracting buyers with cultural offerings as well. The best stores and restaurants have all opened spaces from SoHo to the Financial District. Additionally, new luxury hotels such as the Four Seasons and The Beekman offer a swanky place for guests to say and locals to frequent.

The Seaport is experiencing perhaps the biggest revitalization – we previously discussed the overall redevelopment of the neighborhood after it was battered by Hurricane Sandy. Most notably, Mr C is slated to open very soon. This will represent the Cipriani family’s first hotel venture in New York City after is launched the Mr. C brand in Beverly Hills in 2011. The hotel, which will be run by Ignazio and Maggio Cipriani, will have 66 rooms, a Cipriani restaurant, and is being designed by Thomas Juul-Hansen.

via

More Coming Downtown:

More exciting things are coming to downtown as it continues to establish itself as a culinary, entertainment, and shopping destination. We are continuing to track the development of the Seaport District and have the latest timeline of events.

Seaport Timeline:

June: Pier 17 opening with rooftop restaurant. Initial schedule of performers and entertainment released

July: Concert series returns to the Seaport with the Chase Sapphire outdoor bar now open. District wide events will be taking place

September: 10 Corso Como slated to open as well as Jean-Georges opening

November: A Winter Village pop-up is set to be installed for the season along with the opening of Momofuku

Want to Live Downtown?

The Victoria Shtainer Team currently as an exclusive rental opportunity on the market at the brand new 50 West Street designed by Helmut Jahn. Our listing, Unit 20B, is one of only a handful in the building that features a double-height living space with soaring 20' ceilings. 

50 West Street

50 West Street, 20B | 3 Bed | 3.5 Bath | $14,995/MO

We have access to all the hottest inventory in Downtown Manhattan! Contact us so we can create a tailored search and property tour for you.

The Best of Park Place

In the game of Monopoly, Park Place has one of the highest mortgage rates and rent rates in the game, and is also one of the hardest spots to land on. It is thus coveted to be on Park Place. In Lower Manhattan, we have our own Park Place that is making a name for itself as a destination for some of downtown’s best luxury living. Famous architects from Robert A.M. Stern to Jean Nouvel are putting their mark on Park Place. Here is the best of Park Place:

 Woolworth Tower Residences – 2 Park Place          

 Situated at the gateway to Tribeca by City Hall Park, the Woolworth Tower has been an icon of the downtown skyline since its completion in 1913. The building was originally commissioned by retail titan Frank Woolworth, and has had a storied history. French architect Thierry Despont, known for his restoration skills, is transforming the top 30 floors into a boutique collection of 33 luxury residences. Additionally, the top of the tower will feature a crown jewel of all of the city – a 7 story penthouse that is rumored to be asking $100M+. In his transformation, Despont is paying great attention to detail and homage to the building's landmark status and heritage as well as its Beaux-Arts design, visible from the small "W" detailing in the kitchen to the intricate residential lobby entrance.

Via Curbed

Via Curbed

The homes feature gracious layouts with high ceilings as well as features such as eat-in kitchens and luxurious master baths sheathed in Calacatta Prima marble. Views from the residences of the skyline and beautiful terra cotta ornamentation are stunning!

Via Curbed

Via Curbed

The building also offers an impressive collection of amenities, starting with the beautifully restored lobby with coffered ceilings on 2 Park Place. Amenity offerings include a 50-foot lap pool, fitness center with sweeping North and East views, wine storage, wine-tasting room, and a private residents’ lounge.

Current availability starts with a 1 bed/1.5 bath asking $4.575M.

Four Seasons Private Residences Downtown – 30 Park Place

 30 Park Place, the first private residences by the Four Seasons in New York, has had an overwhelmingly positive reception since its launch. The building is positioned conveniently in the heart of downtown Manhattan, moments from The Oculus, TriBeCa, and SoHo. 

30 Park Place is a Silverstein Property designed by Robert A.M. Stern architects and is currently the tallest residential tower in lower Manhattan standing at 937 feet. The building is home to 157 luxury residences.

Via 30 Park Place

Via 30 Park Place

Residences feature a warm feel, a recognizable feature of many of Stern’s homes. Because residences start on high floors, many offer multiple exposures with wonderful views of downtown. Finishes include solid white oak cabinetry, Colorado White Marble, and Bianco Dolomite marble in master baths.

Via 30 Park Place

Via 30 Park Place

Because this is the Four Seasons Private Residences, residents of 30 Park Place enjoy a suite of amenities and offerings that offer an unparalleled luxury living experience. Residents can enjoy access to hotel amenities such as the indoor lap pool, in-residence dining from Wolfgang Puck's CUT, and car service. 

It is also rumored that big names are calling the building home including Yolanda Hadid.

Current availability starts with a 1 bed/1.5 bath offered at $2.995M

45 Park Place

Developer Sharif El-Gama has assembled a world class team to establish 45 Park Place as an internationally recognized addition to lower Manhattan’s skyline. Pierre Lissoni, Michel Abboud, and Jean Nouvel have partnered to each lend their unique perspective to various elements of this new modern masterpiece.

45 Park Place will be home to an exclusive collection of 50 homes with the base of the tower dedicated to loft-like homes while upper floors have full-floor residences with stunning 360-degree city views. 2 duplex penthouses will be the crown of the building that will feature custom sculptural staircases, an iconic touch from Lissoni.

Via 45 Park Place

Via 45 Park Place

Luxurious finishes, selected by Lissoni, can be found throughout the residences. These include things like integrated Gaggeneau appliances, full height lacquered cabinetry, and Italian limestone. Kitchens are designed by Italian custom manufacturer, Boffi, while master baths and powder rooms feature custom pieces from MOMA Design.

Via 45 Park Place

Via 45 Park Place

Amenities have also been designed and curated by Pierre Lissoni and encompass 3 levels. Amenities will include a pool, spa, gym, yoga studio, as well as a residents’ lounge and children’s playspace.

Current availability starting with 2 Bed/2.5 bath offered at $3,800,000.

Interested in experiencing the Best of Park Place? Contact us to arrange your property tours.

Lower Manhattan Continues to Thrive

Lower Manhattan

In the Manhattan Residential Real Estate market, the buzz is all about downtown. It seems like almost everyone wants to be downtown, close to some of the best cultural, shopping, and dining options, situated in the most desired neighborhoods of the borough.

The economic expansion, and quite frankly, revitalization of lower Manhattan since 9/11 is astounding, and has had an enormous impact on the city as a whole, especially in recent years with hallmark projects finally coming to fruition. Today, lower Manhattan continues to thrive with brand new destinations for world-class shopping, dining, and, of course, living. The Financial District was one of the hardest hit by 9/11, but also has seen the greatest revival in the post 9/11 era.

Why People Are Attracted to Financial District

The Financial District attracts a mix of residents from Wall Street professionals that work close by, to students of city universities and people that love the convenience of the neighborhood. The neighborhood has virtually every subway line to connect you to any area of the city and is positioned for easy access to both the West Side Highway and FDR Drive as well as Holland and Brooklyn-Battery tunnels for those with cars.

Not only is FiDi convenient from a transportation standpoint, it is also located near some of the best and hottest neighborhoods of the city including TriBeCa, SoHo, and the Seaport District. TriBeCa is seeing new development including the popular 70 Vestry and 443 Greenwich Street while the Seaport District is seeing a revitalization spearheaded by the Howard Hughes Corporation’s development of the area, bringing the arrival of notable venues such as iPic Luxury Theaters and a Jean-Georges food hall. The area is also home to the much talked-about 1 Seaport development.

The Financial District, however, has been at the heart of the revitalized downtown and the center of what many are calling the “New Downtown.” The arrival of The Oculus, Brookfield Place, and the continued completion of the World Trade Center site are attracting people to the neighborhood. Even large corporations such as Conde Nast and Spotify are calling the neighborhood home. Additionally, this week restauranteur Danny Meyer announced that he will be launching a $30M restaurant, bar, and event space atop 28 Liberty Place.

While the area is certainly more crowded during business hours with working people, the area has a neighborhood feel. Financial District has great public schools, and is close to many parks. You will find runners out in Battery Park and Hudson River Park year-round, and people enjoying the sun and biking in warmer months. Additionally, the Seaport is only moments away which offers many spaces to relax outdoors, shop, and dine. 

Living in the Financial District

 The Financial District offers a mix of new construction as well as conversions. Additionally, the neighborhood has both rental buildings as well as condos and co-ops. Notable new development occurring in the area includes Macklowe’s conversion of 1 Wall Street which has already signed Whole Foods as a tenant, the ongoing conversion of 101 Wall Street to luxury condos, and the recently constructed 50 West.

50 West Street

50 West Street

Standing over 780 feet tall, the glass tower located at 50 West Street has changed the lower Manhattan skyline. The 64-story structure is visible in all downtown skyline photography and is visible driving into the city from New Jersey or coming in on the ferry. The tower, designed by acclaimed architect Helmut Jahn, features unique floor-to-ceiling, curved glass and offers spectacular views of the harbor and New York City skyline.

Residences range in size from 1 to 5 bedrooms and feature interiors that have been elegantly designed by Thomas Juul Hansen. Throughout the building there is a unique collection of duplex units as well as units offering stunning double-height spaces.

50 West offers residences an array of amenities spread across 4 dedicated floors. Amenities include an expansive fitness center, Water Club, unique children’s space, office space available for purchase, and an observatory located on the 64th floor. The views from the observatory are jaw dropping to say the least!

Views from the Observation Deck of 50 West Street

Views from the Observation Deck of 50 West Street

50 West is ready for immediate occupancy.

Currently Available at 50 West:

50 West Street, 20B: The Victoria Shtainer Team is pleased to offer one of the unique double-height residences available for rent. Be the first to live in the stunning new building and experience the New Downtown in luxury with residence 20B, available immediately.

50 West Street, 20B

 

Interested in living at 50 West Street or Experiencing the New Downtown?

Simply fill out the form below to get in touch!

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30 Park Place Four Seasons Downtown Penthouse Unveiling

30 Park Place Four Seasons Downtown

30 Park Place, the first private residences by the Four Seasons in New York, has had an overwhelmingly positive reception since its launch. The building is positioned conveniently in the heart of downtown Manhattan, moments from The Oculus, TriBeCa, and SoHo. 

30 Park Place is a Silverstein Property designed by Robert A.M. Stern architects and is currently the tallest residential tower in lower Manhattan standing at 937 feet. Because this is the Four Seasons Private Residences, residents of 30 Park Place enjoy a suite of amenities and offerings that offer an unparalleled luxury living experience. Residents can enjoy access to hotel amenities such as the indoor lap pool, in-residence dining from Wolfgang Puck's CUT, and car service. 

Four Seasons New York Downtown

Atop 30 Park Place is a collection of penthouses which offer a downtown living experience unlike any other currently on the market. The views from the penthouse floors are breathtaking, affording a view of the Manhattan skyline that is truly unique. 30 Park Place hosted an exclusive unveiling of Penthouse 78B to a crowd of top brokers and industry insiders. 

Penthouse 78B is currently on the market for $29.5M. The duplex unit is comprised of 5 beds and 6.5 baths spanning over 5,900 square feet of interior space with a 400+ square foot terrace. The terrace, perched over 800 feet in the air has sweeping southern exposures with direct views of The Oculus and World Trade Center. 30 Park Place has some of the highest private terraces in the city. Penthouse 78B's interiors have been curated by Robert Couturier

30 Park Place Penthouse Views
Victoria Shtainer  Kimberlee Knecht 30 Park Place Penthouse Unveiling

Guests enjoyed flowing champagne and hors d'oeuvres while mingling throughout the expansive penthouse. Silverstein Properties chairman Larry Silverstein gave a few remarks about the project and the building, speaking to the uniqueness of living in the Four Seasons and the revitalized lower Manhattan as a 24/7 bustling neighborhood since September 11th. Guests also enjoyed music from world-class violinist Gregory Harrington.

Wes Holland Gabriel Zapata 30 Park Place Penthouse Unveiling

There are still a handful of units available in 30 Park Place, ranging from 1 bedrooms to the special penthouses up to 5 bedrooms. The building is selling out quickly because there is nothing else like it in lower Manhattan.

The Victoria Shtainer Team is also pleased to present an exclusive rental opportunity, unit 44E. This is one of the best priced 3 bedroom opportunities to experience living at the Four Seasons, asking $14,995/month with no fee! 

For your exclusive tour of 30 Park Place, contact The Victoria Shtainer Team.

 

 

 

 

 

 
Photos: The Victoria Shtainer Team & Joe Woolhead, courtesy of Silverstein Properties

Have You Seen the Oculus in Downtown Manhattan?

the oculus downtown manhattan

New Mall Opens Inside The Oculus

The anticipated Westfield Mall in downtown Manhattan has finally arrived in is open business. The mall, located at the Oculus at the World Trade Center site, arrives at a time when lower Manhattan is seeing a revitalization with many new stores, restaurants, and developments coming to the area. 

The mall was a project by real estate developer Westfield which invested $1.4 billion on the project. The space is certainly a modern interpretation on the classic shopping mall, a category that has been struggling in the retail space as they compete with online retailers. 

world trade center oculus

The Oculus, home to the subterranean mall, is a creation of architect Santiago Calatrava. Calatrava is largely known for his work designing railway stations and bridges, and later in his career, began to work on high-rise design with his Turning Torso in Sweden serving as an exampleAt heart, the Oculus serves as a transportation connecting New Jersey Path trains with lower Manhattan. The terminal is used by 300,000 commuters daily, providing a large amount of foot traffic past the retails that are calling Westfield home.

westfield mall manhattan

More than 100 stores will arrive with 60 having opened during the grand opening on Tuesday, August, 16th.

A Dining and Shopping Destination

Where to Shop

A small selection of some of the retailers which spans mid-range to luxury brands includes:

  • Apple
  • Breitling
  • Ford Hub which will be an interactive showcase of new models for the auto manufacturer
  • Smythson of Bond Street
  • John Varvatos
  • Kate Spade
  • Lacoste
  • Mont Blanc
  • Roberto Coin

Where to Eat

The arrival of various eateries from coffee stops to Italian markets will be refreshing for the area. A sample of eateries includes:

  • Eataly
  • Epicerie Boulud
  • Lady M
  • Irving Farm Coffee
  • Pressed Juicery

And, if you were thinking of stopping at the newly opened Sugarfina, creator of the rosé gummy bears, get in line, as there is a waitlist. They are proud to share that this is the only candy with a waitlist. At last check, Sugarfina stated the waitlist was 18,000 long!

The new shopping and dining destination is located near the 9/11 memorial, museum, and 1 World Trade Center, home to the observation deck. Additionally, the location is moments from TriBeCa and the newly completed 30 Park Place, home to our new listing. For now, it looks like this is as close as you can get to the much talked about gummy bears.

30 Park Place as viewed from the Oculus

30 Park Place as viewed from the Oculus

Our new rental exclusive, 30 Park Place unit 44E, consists of 3 Beds and 2.5 bath in the Robert A.M. Stern designed building. 30 Park Place is the first private residences by The Four Seasons in New York. By living in the building, residents get to take advantage of 5-star hotel-style living and all of the amenities that come with it such as in-room dining, car services, and a full concierge. View the full details of the listing here. If you are interested in living at 30 Park Place, contact Victoria.

30 Park Place unit 44E