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Brownstone On Upper East Side Sells for $16 Million to Mystery Buyer

450 West 31st Street, New York, NY 10001 Phone: 212-260-1332
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City Townhouses for $10 Million Or Less - Mansion Global

Mansion Global
Elegant living with lots of space and privacy
By Casey Farmer
|
Save
Duplex Imaging
City living often conjures up images of
smaller-than-ideal spaces and a lack of privacy, but that certainly isn’t the
case for these five townhouses.
These standalone
homes offer the benefits of a city including close proximity to restaurants,
museums, and shops while also feeling spacious, with private outdoor spaces,
numerous bedrooms, and extra rooms for home offices and entertaining.
Here’s a look at
five townhouses around the U.S. priced at about $10 million.
Manhattan
Listing
price: $9.975 million
Located on New York’s Upper West Side, ....

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Demand For Manhattan Luxury Real Estate Roars Back To Life

Demand for New York luxury real estate is has returned to pre-pandemic levels, with interested homebuyers signing 27 contracts valued above $4 million last week, according to a new report from Olshan Realty.
The most expensive sale this week was a five-bedroom penthouse in a still-in-construction Upper East Side building for $32.5 million, according to the report. The 31-unit condo building at 109 East 79th Street is being developed by Legion Investment Group’s Victor Sigoura and is slated for completion in 2022.
The second most expensive sale was at 1010 Park Avenue, a newly constructed luxury building that was build in the place of a demolished annex of Park Avenue Christian Church. The unit, which takes up nearly 4,000 square feet and the entire 9th floor of the building, was listed for $18 million in 2017 and sold for $15.9 million last week. ....

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Upper East Side Penthouse Tops Manhattan Luxury Deals

109 East 79th Street and 1010 Park Avenue (Google Maps)
An Upper East Side resident who jotted down the number of a developer after seeing it posted at a construction site has brokered the biggest luxury deal last week in Manhattan.
The unnamed buyer and soon-to-be owner of a penthouse at 109 East 79th Street negotiated the deal directly with Cathy Franklin at Corcoran Group, who is handling on-site sales, according to the latest market report from Olshan Realty. The unit was last asking $32.5 million.
The contract was one of 27 signed in Manhattan last week for properties asking $4 million or more, suggesting the momentum that started to build at the end of last year might be here to stay. ....

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The Good, Bad And Ugly Of Owning A Historic Home Amid The Pandemic

Old homes are often praised for their character, while new homes are more likely to be seen as “cookie cutter” replicas.
The housing market has been roaring over the past several months of the coronavirus pandemic, so what kinds of homes are optimal for living and working at home through stay-at-home orders and social distancing? It may depend a lot on lifestyle and what kinds of things a buyer is willing to put up with.
Michelle Drum | Gustav White Sotheby’s International Realty
“Certainly, with the historic home, you’ve got lots of charm, you have a lot of character they’re all unique,” Michelle Drum, associate broker at Gustave White Sotheby’s International Realty, told Inman. Drum is a specialist in coastal and historic properties in Newport, Rhode Island, and she herself, along with her husband and dog, live in an 18th-century schoolhouse. ....

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