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        • Today Bitcoin Price at $6,800 USD
        • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
        • Macropay on Alternative & local payment methods that are reshaping global e-commerce
        • Bank of America is preparing for a flood of Applications to Small-Business Loan
        • Microsoft might be the best tech stock in this market
        • US Airlines To Work Collectively, Consolidate Flights
        • Bank of America maintaining business continuity and protecting the bottom line
        • US long-term mortgage rates drop
        • Bitcoin Price Bulls have been rejected at $7,000
        • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
        • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
        • Chase bank will raise up to $10 billion
          • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
          • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
          • Bank of America agreed to allow 50,000 mortgage customers to defer payments
        • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
          • Roll up the Sleeves! American Airlines was down -10.34%
          • Mortgage calculator rates today April 2, 2020
          • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
          • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
            • With Bank of America card you can request a payment deferral online
              • Bank of America fields 150,000 installment deferral demands
            • Coronavirus – Travel Insurance no cover cancellations
              • Bank of America said it won’t cut any positions
          • Bitcoin Price Today April 2 – BTC rise to $6,700
          • Mortgage calculator rates today March 31, 2020
          • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
          • Bitcoin Price Recovering After a Sharp Decline
          • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
          • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
        • Bank of America U.S. Minimum Hourly Wage Reaches $20
          • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
          • P2P Crowdlending – Average Interest Rate 18%
          • $633 Million BTC Transferred For Simply $0.26 Payment
        • Prime ICO Advertising and marketing Companies
        • Bank of America will provide up to $250 million
        • Bank of America VC: You tend to do the wrong thing at the wrong time
          • Bitcoin Price Jump as Coronavirus Curve Begins to Flatten
            • Bitcoin Price Today April 3
            • Bitcoin Price Is Sometimes Bullish in Q2
            • Bitcoin Price Tumble Beneath $ 6,000
            • BTC Price Today 5 | April, 2020
            • Bitcoin Price and S&P 500 – Here’s how much bitcoin beat the Dow and S&P 500 in the first quarter
              • Today Bitcoin Price at $6,600
                • Bitcoin Price Bulls Reaches: “Live or Die”
                • BTC Price Today | 6 April 2020
          • Bank of America sees big year for Microsoft ahead
            • American Airlines coronavirus downgrade
              • Bitcoin Price Rejected $6,600
              • Bitcoin Price Trace It Will Fall to $ 5 K
              • BTC Price Today April 4
                • Stock Market Today 31 March, 2020
              • US Bank Raises $586M Against COVID-19
                • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
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        • Mortgage rates today, April 3, 2020 plus reviews
          • cmc currency details
            • cmc exchange details
              • Shortcodes
        • Microsoft Vulnerability: Hundreds of Microsoft Servers Contaminated By Crypto-Mining Botnet Since 2018
          • Cision PR Newswire
          • Coupons – Best websites
            • Aeromexico Rewards Chart
            • Get Avios Points Free
        • Today Bitcoin Price at $6,800 USD
        • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
        • Macropay on Alternative & local payment methods that are reshaping global e-commerce
        • Bank of America is preparing for a flood of Applications to Small-Business Loan
        • Microsoft might be the best tech stock in this market
        • US Airlines To Work Collectively, Consolidate Flights
        • Bank of America maintaining business continuity and protecting the bottom line
        • US long-term mortgage rates drop
        • Bitcoin Price Bulls have been rejected at $7,000
        • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
        • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
        • Chase bank will raise up to $10 billion
          • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
          • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
          • Bank of America agreed to allow 50,000 mortgage customers to defer payments
        • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
          • Roll up the Sleeves! American Airlines was down -10.34%
          • Mortgage calculator rates today April 2, 2020
          • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
          • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
            • With Bank of America card you can request a payment deferral online
              • Bank of America fields 150,000 installment deferral demands
            • Coronavirus – Travel Insurance no cover cancellations
              • Bank of America said it won’t cut any positions
          • Bitcoin Price Today April 2 – BTC rise to $6,700
          • Mortgage calculator rates today March 31, 2020
          • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
          • Bitcoin Price Recovering After a Sharp Decline
          • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
          • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
        • Bank of America U.S. Minimum Hourly Wage Reaches $20
          • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
          • P2P Crowdlending – Average Interest Rate 18%
          • $633 Million BTC Transferred For Simply $0.26 Payment
        • Prime ICO Advertising and marketing Companies
        • Bank of America will provide up to $250 million
        • Bank of America VC: You tend to do the wrong thing at the wrong time
          • Bitcoin Price Jump as Coronavirus Curve Begins to Flatten
            • Bitcoin Price Today April 3
            • Bitcoin Price Is Sometimes Bullish in Q2
            • Bitcoin Price Tumble Beneath $ 6,000
            • BTC Price Today 5 | April, 2020
            • Bitcoin Price and S&P 500 – Here’s how much bitcoin beat the Dow and S&P 500 in the first quarter
              • Today Bitcoin Price at $6,600
                • Bitcoin Price Bulls Reaches: “Live or Die”
                • BTC Price Today | 6 April 2020
          • Bank of America sees big year for Microsoft ahead
            • American Airlines coronavirus downgrade
              • Bitcoin Price Rejected $6,600
              • Bitcoin Price Trace It Will Fall to $ 5 K
              • BTC Price Today April 4
                • Stock Market Today 31 March, 2020
              • US Bank Raises $586M Against COVID-19
                • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
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      • Is Discover Visa or Mastercard?
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      • Walmart Money Card – Review
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      • Best Mortgage for Low Down Payment 2020
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    • Mortgage Calculators
      • Mortgage calculator rates today April 1, 2020
      • Mortgage Calculator – Students Benefits
      • Mortgage Calculator – Homeowners and renters Get Payment Relief
      • Calculator for mortgage to millennials
      • Mortgage Calculator Modification – What Is?
      • Mortgage Calculator Canada: Rates Are Rising
      • Mortgage Calculator Home – Is it time to repair your own home mortgage?
      • Mortgage Calculator
      • Mortgage Calculator Rates Today April 3
      • Mortgage Calculator Online
      • Mortgage Calculator Coronavirus: UK mortgage market goes into lockdown
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      • Stimulus Check
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      • Roundpoint Mortgage
      • Midland Mortgage
      • Simple Mortgage Calculator
      • Freedom Mortgage
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      • WTI Oil Prices
      • Brent Crude
      • Crude Oil
    • Agricultural Products
      • Corns
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      • Lean Hogs
    • Precious Metals
      • Platinum
      • Gold
        • Best Place to Buy Gold
        • Price of Gold
        • 5 Ways In order to Buy Gold
        • Gold Price Chart
        • Gold Futures
      • Silver
    • Industrial Metals
      • Copper
  • Insurtech
    • Insurtech “Best of…”
      • Best Life Insurance of 2020
      • The Best Renters Insurance Companies 2020
      • Best Pet Insurance Providers of 2020
      • Best Home Insurance Companies for 2020
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Top Sales Show How Pandemic Continues to Influence the Market

James Albert by James Albert
January 1, 2021
in Market Analysis
0

Home » Top Sales Show How Pandemic Continues to Influence the Market

Several more Manhattan townhouse sales closed in December, many at holiday-style discounts.The priciest were in Greenwich Village. A stately house at 14 East 11th Street closed at $28 million and was the month’s most expensive transaction in New York City; and a house at 111 Waverly Place went for nearly $18.4 million.In TriBeCa, Michael P. Davies, who runs the Sony Pictures production company Embassy Row, and his wife, Claude Davies, an actor and producer, sold their townhouse unit at 7 Hubert Street, a.k.a. the Hubert condominiums, for $11.4 million.Over the past year, townhouses have been a bright spot in an otherwise dismal housing market, reflecting a desire among luxury buyers for more personal space, especially during the coronavirus pandemic. “You get to control your own environment,” said Hall F. Willkie, the president of Brown Harris Stevens. “There are no shared lobbies and you get outdoor space.”Demand for roomier homes in general has been on the rise, and having outdoor space considered a big plus. Downtown, a sponsor duplex at 90 Morton Street sold for $24.8 million; a full-floor penthouse at the Hubert for $20 million; a full-floor apartment at 24 Leonard Street for $18 million; and a half-floor sponsor unit at 157 West 57th Street for $18.4 million. On the Upper East Side, the actress Christine Baranski bought a co-op duplex. And on the Upper West Side, the estate of Robby Browne, a top real estate broker who died in April, found a buyer for his apartment with a terrace.The month’s top sale is an Italianate-style brick house on 11th Street, between Fifth Avenue and University Place, that was built in the 1850s and recently underwent a top-to-bottom renovation and sold for $28 million. Its most recent asking price was $28.5 million.Standing five stories high and 21 feet wide, the structure has 7,411 square feet, with five bedrooms, six full bathrooms and two powder rooms, as well as a finished basement with a playroom, gym and laundry room. The primary bedroom suite occupies the fourth floor.Among the home’s many flourishes are four fireplaces, paneled walls, soaring ceilings and an elevator. There are also about 1,400 square feet of outdoor space that includes a meticulously landscaped rear garden and terraces on the roof and fifth floor.Both the buyer and seller were anonymous. The new owner used the limited partnership Ben Here, while the seller’s identity was shielded by the limited liability company Village Townhouse.The house at 111 Waverly Place is a 25-foot-wide Greek Revival erected in the late 1830s near MacDougal Street. Once a multifamily dwelling, it, too, had been extensively renovated and modernized, and sold for $18.4 million.The five-story brick building has around 8,500 square feet that includes a finished basement with a wine cellar and recreation room. There are six bedrooms, six full bathrooms and two powder rooms — along with a movie theater, two laundry rooms, a fitness room and nine fireplaces, and, of course, an elevator to get to them all. There is also a landscaped backyard garden.The main bedroom suite takes up the third level and features a large bathroom, two walk-in closets, an office and a study.The home’s most recent asking price was $19.5 million. Property records list the sellers as Kenneth B. Picache and Tamara L. Totah; they bought the house in 2005 for $5.6 million. The buyer was Oscar’s Nest LLC.At 90 Morton Street in the West Village, Penthouse 11B, takes up 4,685 square feet on the 11th and 12th floors, and sold for $24.8 million. It features five bedrooms, four and a half baths and a great room with a fireplace. The home also comes with two large terraces — one on each level — totaling 1,105 square feet that offer striking vistas of the Hudson, Statue of Liberty and the downtown skyline.The new owner, listed as Yorkshire Pudding LLC, also got a price discount in the deal. The unit had been on the market for $31 million.Updated Jan. 1, 2021, 1:29 p.m. ETThe boutique condominium, a former printing factory near West Street, was converted into 35 luxury residences in 2018.At 7 Hubert Street, Penthouse B sold for $20 million, just below its $21 million asking price. The loftlike apartment extends 4,200 square feet and features wall-to-ceiling windows that provide stunning Hudson River and cityscape views. There are three bedrooms, three and a half baths, a living room with a wood-burning fireplace, a spacious dining area and media room. The primary bedroom suite has an office and two large dressing rooms.The seller used the limited liability company JLM Hubert St. in the transaction, while the buyer was listed as 7 Hubert, PHB LLC.Townhouse 3C at 7 Hubert, sold by Michael and Claude Davies, has five bedrooms, five and a half baths and 6,443 square feet of interior space, for $11.4 million. The three-level unit also comes with an attached one-car garage, as well as a private rooftop terrace. It had been on the market for nearly $15 million.Mr. Davies, the president of Embassy Row, has produced numerous TV game shows, including “Who Wants to be a Millionaire?,” “Wife Swap,” and ESPN’s “2 Minute Drill.” The buyers were listed as Jean and Daniel Yun.The 33-unit condominium at 7 Hubert Street sits on a cobblestone street blocks from the Hudson, between Collister and Hudson Streets.A few blocks away at 24 Leonard Street, a new boutique condo on a cobblestone street in TriBeCa, a five-bedroom, five-and-a-half-bathroom apartment sold to an anonymous buyer for $18 million.The sprawling, second-floor unit has 4,859 square feet inside and around 4,300 square feet of terrace space, featuring a lush landscaped garden, a hot tub, and a fully equipped outdoor kitchen. Each of the bedrooms contains an en-suite bath, and the primary suite, which has a dressing area and walk-in closet, opens to the garden. An automated parking spot also comes with the unit.The buyer was listed as Leonard Two, LLC.At 157 West 57th Street, a.k.a One57, a 90-story tower on Billionaires’ Row in Midtown, a sponsor apartment that encompasses half the 59th floor sold for $18.4 million.The 4,193-square-foot residence has three bedrooms and three and a half baths, as well as a great room with 11-foot ceilings. Floor-to-ceiling windows throughout provide stellar views of Central Park and Midtown.The home had been on the market for $27.1 million. The buyer’s identity was shielded by the limited liability company Villa Borghese.Ms. Baranski bought a duplex at 125 East 74th Street, off Park Avenue, for $2.2 million, which was just under the $2.5 million asking price. The apartment — virtually staged and in need of a little T.L.C., according to the listing photos — has four bedrooms, three baths and a formal dining room. It also comes with a separate office/staff quarters off the building’s lobby.Ms. Baranski, who currently stars in the TV drama series “The Good Fight,” has won Tony Awards for her performances in “Rumors” and “The Real Thing.”The apartment was sold by the 1989 Cristina Monet Zilkha Trust.The estate of Mr. Browne sold his apartment at 25 Central Park West for just under $5 million. The home was listed in August for $5.85 million, four months after his death from Covid-19, and was under contract in September. The buyer was listed as Xeamo Inc.The two-bedroom, two-bath residence is on the 21st floor of the prewar building, a.k.a. Century Condominium. It is 1,216 square feet and has an 800-square-foot landscaped terrace that was a source of pride for Mr. Browne and the centerpiece of his many parties and charitable events. Most of the rooms in the unit open to the terrace, which has a shower and flower gardens.Mr. Browne, who worked for the Corcoran Group, brokered numerous deals in Manhattan during his long career as a real estate agent and represented many high-profile clients, like the rocker Jon Bon Jovi and the actors Uma Thurman and Alec Baldwin.For weekly email updates on residential real estate news, sign up here. Follow us on Twitter: @nytrealestate.

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James Albert is a personal-finance analist for FintechZoom and is based in New York.

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