Cityrealty Monthly Market Report

Home , 1040 Fifth Avenue, 110th Street (Manhattan), 11 West 54th Street, 12 West 56th Street, 15 Broad Street, 30 West 56th Street

SEPTEMBER 2015 | MONTHLY MARKET REPORT

CITYREALTY MONTHLY MARKET REPORT

Sales Summary 2-3 Historical Performance 4-6 Notable New Listings 7 Snapshot 8

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1 MONTHLY MARKET REPORT SEPTEMBER 2015

Summary Most Expensive Sales The average sale price for Manhattan apartments was virtually unchanged in the four weeks leading up to August 1, while the number of recorded closings dropped slightly. The average price for co-ops and condos was $1.8 million, the same as in the prior month’s reporting period. The number of recorded sales, 1,076, dropped slightly from the 1,150 recorded in the preceding four weeks. AVERAGE SALES PRICE $30.0M CONDOS AND CO-OPS 1040 Fifth Avenue, #14A 4 Bed, 6+ Bath $1.8 Million Approx 4,700 ft2 ($6,383/ft 2)

The average price of a condo was $2.4 million and the average price of a co-op was $1.3 million. There were 474 condo sales, down from the 486 recorded in the prior month, and 602 co-op sales, down from the 664 in the preceding four weeks.

RESIDENTIAL SALES 1,076 $2.0B UNITS GROSS SALES $28.0M One57, #67B The top sale of the month was a four-bedroom co-op in the prewar, Rosario 157 West 57th Street Candela-designed building at 1040 Fifth Avenue. Related CEO Jeff Blau sold the 3 Bed, 3.5 Bath unit after buying it in January 2008 for $21.4 million and undertaking an extensive Approx 4,116 ft2 ($6,804/ft 2) renovation.

The second-highest sale, for $28 million, was for a 4,116-square-foot unit on the 67th floor of One57. The third-highest sale, for $21.4 million, was also in One57, for a 3,466-square-foot unit on the 56th floor. 474 602 CONDOS SOLD CO-OPS SOLD $21.4M 2 One57, #56C AVG PRICE AVG PRICE/FT AVERAGE PRICE $2.4M $1,675 157 West 57th Street $1.3M 4 Bed, 4.5 Bath Approx 3,466 ft2 ($6,170/ft 2)

*CityRealty's Manhattan area market comprises the area south of 125th street on the West Side, and south of 96th street on the East Side. 2 **CityRealty’s September 2015 market report includes all public records data available through August 31, 2015 for deeds recorded the prior month. MONTHLY MARKET REPORT SEPTEMBER 2015 Manhattan Condo Sales Summary

30-DAY SALES / PAST 30-Day Total Sales by Region MIDTOWN PRICE AVG* 30 DAYS Midtown East $1,699 / ft2 (+9%) 19 Midtown West $2,009 / ft2 (+23%) 45 17% Murray Hill $1,478 / ft2 (-11%) 36 Upper 32% Turtle Bay/United Nations $1,549 / ft2 (+2%) 17 East Side Downtown $197M $371M 30-DAY SALES / PAST DOWNTOWN PRICE AVG* 30 DAYS

Chelsea $2,061 / ft2 (-9%) 25 East Village $1,718 / ft2 (-11%) 12 Flatiron/Union Square $1,657 / ft2 (-10%) 7 Gramercy Park $1,768 / ft2 (+19%) 9 16% Greenwich Village $2,156 / ft2 (+11%) 6 Upper 2 West Side Tribeca $2,225 / ft (+23%) 25 $181M West Village $2,390 / ft2 (+38%) 9

30-DAY SALES / PAST UPPER WEST SIDE PRICE AVG* 30 DAYS

2 Broadway Corridor $1,663 / ft (-13%) 31 2 11% Central Park West $1,375 / ft (-25%) 20 Financial District / Lincoln Center $1,456 / ft2 (-23%) 9 24% BPC Midtown $1,577 / ft2 (+2%) 26 $279M $127M Riverside Drive/West End Avenue 30-DAY SALES / PAST 32+11241617 PRICE AVG* 30 DAYS FINANCIAL DISTRICT / BPC

Downtown was the highest grossing region in Manhattan, with Battery Park City $1,377 / ft2 (+15%) 42 2 $371 million in condominium sales. Midtown was the second Financial District $1,332 / ft (-59%) 38 highest grossing region, with $279 million in sales. Downtown 30-DAY SALES / PAST had the highest price/ft2, $2,025, an increase over the prior UPPER EAST SIDE PRICE AVG* 30 DAYS month’s average, $1,962, and Midtown had the second highest $2,163 / ft2 (+9%) 7 2 Carnegie Hill price/ft , $1,719. 2 Lenox Hill $1,611 / ft (+1%) 50 Yorkville $1,241 / ft2 (-3%) 24 Avg Price / Ft2 by Region

$2,000

$1,800 2

$1,600

$1,400 AVG PRICE / FT / PRICE AVG $1,200

$1,000

$800

2011 2012 2013 2014 2015

KEY: UPPER WEST SIDE UPPER EAST SIDE MIDTOWN DOWNTOWN FINANCIAL DISTRICT/BPC

*Neighborhoods with less than 5 sales in the past 30 days are not included in the table. Percentage changes are calculated over the same period of the previous month. 3 **CityRealty’s September 2015 market report includes all public records data available through August 31, 2015 for deeds recorded the prior month. MONTHLY MARKET REPORT SEPTEMBER 2015 Historical Performance : Selected Resales Of the 474 condo sales in Manhattan, 184 had sold since 2005. The selected resales listed below are grouped according to the years they were initially purchased. The price difference between the sales and the Compound Annual Growth Rate (CAGR) is indicated. COMPOUND SQUARE MOST RECENT ANNUAL BUILDING, UNIT FEET FIRST SALE SALE PRICE CHANGE GROWTH RATE Original Sale Year : 2005 Total Transactions : 14 79 White Street, #2E 2,134ft² Aug 17, 2005 ($1,476,462) Jul 01, 2015 ($3,000,000) $1,523,538 (+103.2%) +7.5% Straus Park, 272 West 107th Street, #3C 1,669ft² Jan 11, 2005 ($1,303,360) Jul 17, 2015 ($2,275,000) $971,640 (+74.5%) +5.4% The Chelsea Mercantile, 252 Seventh Avenue, #3S 958ft² Aug 25, 2005 ($1,200,000) Jul 13, 2015 ($1,595,000) $395,000 (+32.9%) +2.9% The East Side Townhouse, 250 East 31st Street, #2B 1,000ft² Jun 15, 2005 ($804,000) Jul 20, 2015 ($935,000) $131,000 (+16.3%) +1.5% The Fitzgerald, 201 West 74th Street, #15B 500ft² Jul 25, 2005 ($518,971) Jul 01, 2015 ($690,000) $171,029 (+33.0%) +2.9% Murray Hill Terrace, 201 East 36th Street, #7C 1,200ft² Sep 13, 2005 ($1,225,000) Jul 10, 2015 ($1,325,000) $100,000 (+8.2%) +0.8% Liberty Court, 200 Rector Place, #33L 613ft² Sep 01, 2005 ($585,000) Jul 13, 2015 ($705,000) $120,000 (+20.5%) +1.9% 1724 Second Avenue, #6RS 540ft² Jun 03, 2005 ($500,000) Jul 22, 2015 ($645,000) $145,000 (+29.0%) +2.6% Original Sale Year : 2006 Total Transactions : 17 Clinton West, 516 West 47th Street, #N4E 600ft² Jan 24, 2006 ($506,797) Jul 16, 2015 ($835,000) $328,203 (+64.8%) +5.4% Liberty Lofts, 43 West 64th Street, #7B 2,331ft² Jan 25, 2006 ($3,150,000) Jul 02, 2015 ($5,800,000) $2,650,000 (+84.1%) +6.7% Park West Village, 400 Central Park West, #10C 1,200ft² Jun 28, 2006 ($1,090,000) Jul 29, 2015 ($1,688,000) $598,000 (+54.9%) +4.9% The Orion, 350 West 42nd Street, #27A 741ft² Aug 03, 2006 ($855,330) Jul 01, 2015 ($1,200,000) $344,670 (+40.3%) +3.9% Three Ten, 310 East 53rd Street, #26B/C 4,062ft² Nov 27, 2006 ($7,142,707) Jul 01, 2015 ($7,650,000) $507,293 (+7.1%) +0.8% Millennium Tower Residences, 30 West Street, #12G 1,190ft² Dec 26, 2006 ($997,885) Jul 21, 2015 ($1,325,000) $327,115 (+32.8%) +3.4% 3 Weehawken Street, #5A 526ft² Nov 09, 2006 ($550,000) Jul 14, 2015 ($1,525,000) $975,000 (+177.3%) +12.5% Block Hall, 21 South William Street, #7A 457ft² May 03, 2006 ($505,986) Jul 17, 2015 ($535,000) $29,014 (+5.7%) +0.6% Original Sale Year : 2007 Total Transactions : 33 South Star, 80 John Street, #10C 1,055ft² Jun 22, 2007 ($1,513,628) JJul 01, 2015 ($1,830,000) $316,372 (+20.9%) +2.4% The Plaza, 768 Fifth Avenue, #1603 1,967ft² Jun 21, 2007 ($9,997,168) Jul 06, 2015 ($10,000,000) $2,832 (+0.0%) +0.0% Atelier, 635 West 42nd Street, #17E 700ft² Mar 27, 2007 ($792,707) Jul 31, 2015 ($890,000) $97,293 (+12.3%) +1.4% Manhattan Place, 630 First Avenue, #24K 1,000ft² Nov 02, 2007 ($1,030,000) Jul 01, 2015 ($1,275,000) $245,000 (+23.8%) +2.9% Trump Park Avenue, 502 Park Avenue, #19F 991ft² Nov 19, 2007 ($1,858,306) Jul 10, 2015 ($2,225,000) $366,694 (+19.7%) +2.4% Cielo, 450 East 83rd Street, #2C 902ft² May 10, 2007 ($997,885) Jul 10, 2015 ($1,070,000) $72,115 (+7.2%) +0.9% Century Tower, 400 East 90th Street, #12C 415ft² Jul 31, 2007 ($385,320) Jul 28, 2015 ($511,000) $125,680 (+32.6%) +3.6% The Revere, 400 East 54th Street, #12H 560ft² Mar 27, 2007 ($520,000) Jul 24, 2015 ($653,000) $133,000 (+25.6%) +2.8% Original Sale Year : 2008 Total Transactions : 38 20 Pine Street, #1903 820ft² Jul 07, 2008 ($1,140,440) Jul 14, 2015 ($1,140,000) -$440 (-0.04%) -0.04% Riverhouse - 1 Rockefeller Park, 2 River Terrace, #15A 1,524ft² Aug 18, 2008 ($1,731,025) Jul 17, 2015 ($2,400,000) $668,975 (+38.6%) +4.9% 1600 Broadway, #14G 1,144ft² Jan 10, 2008 ($1,488,000) Jul 01, 2015 ($1,765,000) $277,000 (+18.6%) +2.3% 158 Franklin Street, #1A 945ft² May 07, 2008 ($500,000) Jul 02, 2015 ($3,700,000) $3,200,000 (+640.0%) +32.7% Dorchester Towers, 155 West 68th Street, #18-33 750ft² Apr 30, 2008 ($646,000) Jul 01, 2015 ($855,000) $209,000 (+32.4%) +4.0% Downtown by Starck, 15 Broad Street, #2002 1,051ft² Jul 25, 2008 ($975,000) Jul 16, 2015 ($1,295,000) $320,000 (+32.8%) +4.2% 147 Waverly Place, #8 3,494ft² Mar 24, 2008 ($5,753,112) Jul 30, 2015 ($9,650,000) $3,896,888 (+67.7%) +7.3% 133 West 22nd Street, #5L 634ft² Nov 25, 2008 ($814,600) Jul 15, 2015 ($1,299,000) $484,400 (+59.5%) +7.3% Original Sale Year : 2009 Total Transactions : 16 Caledonia, 450 West 17th Street, #2302 730ft² Sep 04, 2009 ($982,611) Jul 13, 2015 ($1,900,000) $917,389 (+93.4%) +12.0% 425 Fifth Avenue, #45C 524ft² Sep 03, 2009 ($600,000) Jul 31, 2015 ($770,000) $170,000 (+28.3%) +4.4% The A Building, 425 East 13th Street, #7H 573ft² Oct 23, 2009 ($760,000) Jul 16, 2015 ($950,000) $190,000 (+25.0%) +4.0% Wellington Tower, 350 East 82nd Street, #6U 1,130ft² Aug 12, 2009 ($950,000) Jul 02, 2015 ($1,575,000) $625,000 (+65.8%) +9.1% The Prime, 333 West 14th Street, #8 2,341ft² Jun 08, 2009 ($2,100,000) Jul 14, 2015 ($4,300,000) $2,200,000 (+104.8%) +12.5% 30 West 9th Street, #4 939ft² Aug 13, 2009 ($955,000) Jul 10, 2015 ($2,350,000) $1,395,000 (+146.1%) +16.7% Trump Place, 220 Riverside Boulevard, #10A 979ft² Oct 21, 2009 ($800,000) Jul 13, 2015 ($1,180,000) $380,000 (+47.5%) +7.1% 211 East 3rd Street, #5R 1,332ft² Jan 07, 2009 ($1,299,000) Jul 29, 2015 ($2,250,000) $951,000 (+73.2%) +8.8%

4 MONTHLY MARKET REPORT SEPTEMBER 2015 Selected Resales, Cont.

COMPOUND SQUARE MOST RECENT ANNUAL BUILDING, UNIT FEET FIRST SALE SALE PRICE CHANGE GROWTH RATE Original Sale Year : 2010 Total Transactions : 19 610 West 110th Street, #4D 1,157ft² Feb 08, 2010 ($1,180,000) Jul 24, 2015 ($1,565,000) $385,000 (+32.6%) +5.4% 535 West End Avenue, #7A 4,396ft² Dec 14, 2010 ($8,700,000) Jul 23, 2015 ($12,150,000) $3,450,000 (+39.7%) +7.6% Riverwalk Court, 415 Main Street, #6-D 885ft² May 11, 2010 ($534,836) Jul 13, 2015 ($835,000) $300,164 (+56.1%) +9.0% Lumiere, 350 West 53rd Street , #5J 1,050ft² Dec 16, 2010 ($1,025,000) Jul 15, 2015 ($1,580,000) $555,000 (+54.1%) +10.1% Centurion, 33 West 56th Street, #5A 1,198ft² May 06, 2010 ($2,443,800) Jul 06, 2015 ($2,400,000) -$43,800 (-1.8%) -0.3% Louis Philippe Condo, 312 West 23rd Street, #2T 300ft² May 13, 2010 ($412,500) Jul 02, 2015 ($499,500) $87,000 (+21.1%) +3.8% The Village Green, 311 East 11th Street, #PH1C 1,216ft² Jun 18, 2010 ($1,965,000) Jul 10, 2015 ($2,900,000) $935,000 (+47.6%) +8.1% 303 East 33rd Street, #8B 596ft² Dec 14, 2010 ($640,988) Jul 15, 2015 ($838,500) $197,512 (+30.8%) +6.0% Original Sale Year : 2011 Total Transactions : 12 8 Greene Street, #6 1,700ft² Mar 31, 2011 ($1,550,000) Jul 01, 2015 ($2,935,000) $1,385,000 (+89.4%) +16.2% 610 West 110th Street, #7A 1,452ft² May 10, 2011 ($610,950) Jul 15, 2015 ($1,725,000) $1,114,050 (+182.3%) +28.3% 58 West 106th Street, #1B 1,215ft² Apr 20, 2011 ($522,000) Jul 01, 2015 ($1,195,000) $673,000 (+128.9%) +22.0% 555 West 23rd Street, #N4G 508ft² Dec 13, 2011 ($506,000) Jul 21, 2015 ($750,000) $244,000 (+48.2%) +11.6% Centro 505, 505 West 47th Street, #PH5-S 1,450ft² Feb 03, 2011 ($2,275,000) Jul 15, 2015 ($2,795,737) $520,737 (+22.9%) +4.8% Bridge Tower Place, 401 East 60th Street, #19A 1,569ft² Jun 08, 2011 ($1,800,000) Jul 14, 2015 ($2,175,000) $375,000 (+20.8%) +4.7% The Lausanne, 333 East 45th Street, #21E 552ft² Jul 26, 2011 ($615,000) Jul 09, 2015 ($775,000) $160,000 (+26.0%) +6.1% 230 Riverside Drive, #6M 403ft² May 19, 2011 ($405,000) Jul 07, 2015 ($555,000) $150,000 (+37.0%) +8.0% Original Sale Year : 2012 Total Transactions : 13 Element, 555 West 59th Street, #6H 773ft² Oct 30, 2012 ($875,000) Jul 28, 2015 ($980,000) $105,000 (+12.0%) +4.3% "+Art", 540 West 28th Street, #8B 1,181ft² Aug 10, 2012 ($965,803) Jul 07, 2015 ($1,925,000) $959,197 (+99.3%) +27.6% Carriage House, 510 East 80th Street, #14B 1,220ft² Sep 12, 2012 ($1,175,000) Jul 01, 2015 ($1,601,000) $426,000 (+36.3%) +11.9% 507 East 80th Street, #6R 897ft² May 04, 2012 ($660,000) Jul 21, 2015 ($800,000) $140,000 (+21.2%) +6.3% Fifty Franklin, 50 Franklin Street, #4B 604ft² Jun 14, 2012 ($615,000) Jul 21, 2015 ($835,000) $220,000 (+35.8%) +10.4% 386 Columbus Avenue, #15A 1,200ft² Feb 17, 2012 ($1,862,500) Jul 09, 2015 ($2,100,000) $237,500 (+12.8%) +3.7% The Lausanne, 333 East 45th Street, #9D 564ft² Jul 17, 2012 ($595,000) Jul 08, 2015 ($729,000) $134,000 (+22.5%) +7.2% Onyx Chelsea, 261 West 28th Street, #8B 1,265ft² Nov 12, 2012 ($1,600,000) Jul 08, 2015 ($2,480,000) $880,000 (+55.0%) +18.5% Original Sale Year : 2013 Total Transactions : 15 The Link, 310 West 52nd Street, #39A 787ft² Nov 04, 2013 ($1,526,000) Jul 21, 2015 ($1,550,000) $24,000 (+1.6%) +0.9% 250 West Street, #3D 2,505ft² May 14, 2013 ($5,142,163) Jul 14, 2015 ($6,000,000) $857,837 (+16.7%) +7.4% Dag Hammarskjold Tower, 240 East 47th Street, #9D 1,074ft² Aug 22, 2013 ($1,205,000) Jul 10, 2015 ($1,385,000) $180,000 (+14.9%) +7.9% Hudson Condo, 225 West 60th Street, #14D 612ft² Nov 26, 2013 ($932,000) Jul 24, 2015 ($995,000) $63,000 (+6.8%) +4.2% The Charleston, 225 East 34th Street, #12C 1,248ft² Dec 16, 2013 ($1,450,000) Jul 09, 2015 ($1,850,000) $400,000 (+27.6%) +17.6% Walker Tower, 212 West 18th Street, #14E 1,985ft² Dec 06, 2013 ($6,975,013) Jul 30, 2015 ($9,250,000) $2,274,987 (+32.6%) +19.5% 200 Chambers Street, #6N 625ft² May 10, 2013 ($925,000) Jul 29, 2015 ($1,400,000) $475,000 (+51.4%) +21.1% Carnegie Plaza, 162 West 56th Street, #706 800ft² Mar 31, 2013 ($650,000) Jul 15, 2015 ($872,500) $222,500 (+34.2%) +14.0% Original Sale Year : 2014 Total Transactions : 7 7 East 17th Street, #3S 2,678ft² Jun 30, 2014 ($3,300,000) Jul 20, 2015 ($3,525,000) $225,000 (+6.8%) +6.8% The Belaire, 524 East 72nd Street, #33F 471ft² Feb 11, 2014 ($575,000) Jul 02, 2015 ($625,000) $50,000 (+8.7%) +6.5% Hudson Condo, 225 West 60th Street, #11D 612ft² Feb 28, 2014 ($920,000) Jul 15, 2015 ($1,025,000) $105,000 (+11.4%) +8.4% The Jefferson, 211 East 13th Street, #1E 641ft² Sep 30, 2014 ($969,338) Jul 02, 2015 ($1,350,000) $380,662 (+39.3%) +55.5% Block Hall, 21 South William Street, #5A 674ft² Feb 20, 2014 ($673,800) Jul 24, 2015 ($775,000) $101,200 (+15.0%) +10.4% 160 East 22nd Street, #20A 1,206ft² Dec 16, 2014 ($3,054,740) Jul 31, 2015 ($3,300,000) $245,260 (+8.0%) +14.2% Philip House, 141 East 88th street, #10C 3,847ft² Jul 17, 2014 ($9,039,037) Jul 09, 2015 ($9,600,000) $560,963 (+6.2%) +6.8%

5 MONTHLY MARKET REPORT SEPTEMBER 2015 Historical Performance : Featured Resales 250 West Street, #3D $6.0M $6.0M +7.4% ANNUAL GROWTH RATE (2YRS)*

$5.5M +$857,837 AGGREGATE PRICE CHANGE CLOSING HISTORY: Jul 14, 2015 • $6,000,000 2003 04 05 06 07 08 09 10 11 12 13 14 15 May 14, 2013 • $5,142,163

The Lucida, #17J 151 East 85th Street $7.3M $8.0M +4.3% ANNUAL GROWTH RATE (5YRS)*

$6.0M +$1,369,607 AGGREGATE PRICE CHANGE CLOSING HISTORY: Jul 15, 2015 • $7,250,000 2003 04 05 06 07 08 09 10 11 12 13 14 15 Jun 21, 2010 • $5,880,393

The Brompton, #10CD 205 East 85th Street $4.8M $5.0M +4.0% ANNUAL GROWTH RATE (6YRS)*

$4.0M +$1,041,175 AGGREGATE PRICE CHANGE CLOSING HISTORY: Jul 02, 2015 • $4,800,000 2003 04 05 06 07 08 09 10 11 12 13 14 15 Apr 17, 2009 • $3,758,825

Apple Bank Building, #7/8ET 2112 Broadway $5.5M $6.0M +2.1% ANNUAL GROWTH RATE (7YRS)*

$5.0M +$758,000 AGGREGATE PRICE CHANGE CLOSING HISTORY: Jul 16, 2015 • $5,458,000 2003 04 05 06 07 08 09 10 11 12 13 14 15 May 14, 2008 • $4,700,000

40 Bond Street, #6C $7.6M $8.0M +3.8% ANNUAL GROWTH RATE (8YRS)*

$6.0M +$1,950,000 AGGREGATE PRICE CHANGE CLOSING HISTORY: Jul 23, 2015 • $7,550,000 2003 04 05 06 07 08 09 10 11 12 13 14 15 Aug 07, 2007 • $5,600,000

*The annual growth rate compares the first sale to the most recent sale. 6 MONTHLY MARKET REPORT SEPTEMBER 2015 Notable New Listings in NYC

The Baccarat, #PH Approx 7,381 ft2 $60.0M 5 Bed, 5.5 Bath This five-bedroom, duplex penthouse in the Baccarat boasts 7,281 square feet of interior space and 600 square feet of loggia. The master suite measures over 1,000 square feet, and there are four additional suites as well as a study.

150 Charles Street, #9A Approx 5,840 ft2 $44.0M 6+ Bed, 6+ Bath This 5,840-square-foot, six-bedroom duplex comes with over 3,000 square feet of private landscaped terraces. The corner master bedroom suite features 25 feet of frontage overlooking the Hudson River, dual walk-in closets and an en-suite bathroom.

15 Central Park West, #38A Approx 2,846 ft2 $36.5M 3 Bed, 3.5 Bath This 5,317-square-foot duplex on the fourth and fifth floors of a prewar condo features 5 bedrooms, 6 full baths, library, den, and a large eat-in kitchen with direct views of Central Park.

455 Central Park West, #LM17 Approx 5,317 ft2 $7.99M 5 Bed, 6+ Bath This 5,317-square-foot duplex on the fourth and fifth floors of a prewar condo features 5 bedrooms, 6 full baths, library, den, and a large eat-in kitchen with direct views of Central Park.

The Oosten, #PH5 Approx 5,086 ft2 $6.4M 6+ Bed, 6+ Bath This 5,000-square-foot, two-level penthouse is located on the top two floors of the new Williamsburg condo Oosten. The unit has en-suite baths, river, bridge and Manhattan views, a plunge pool, and a private elevator that takes the resident to their own private garage.

7 MONTHLY MARKET REPORT SEPTEMBER 2015 Snapshot

Cookbook author and New York Times scribe Mark Bittman sold his Upper West Side co-op at 17 West 71st Street for $1.8 million. Bittman and his wife bought the two- bedroom apartment for $999,999 in 2009.

Soccer star Cristiano Ronaldo bought an $18.5 million apartment at the Trump Tower from Italian real estate mogul Alessandro Proto. The 2,509-square-foot condo has three bedrooms and a corner location that offers panoramic views of Central Park, the Empire State Building, One World Trade Center and the Hudson River.

Alessandra and Allegra Gucci, the great-granddaughters of Guccio Gucci, who founded the eponymous world-famous fashion label, have listed their 9,450-square-foot, eight- bedroom penthouse in Midtown East’s Olympic Tower for $45 million. The duplex is on the building’s 50th and 51st floors. I was starting to feel very claustrophobic in New York. I was tired of apartment living, and I didn’t want my comings and goings to be noted by a doorman.” Superstar tennis sisters Venus and Serena –Singer Jessica Molaskey on her move from the Upper Williams sold their Midtown West apartment at 28 West East Side to an Upper West Side brownstone. 38th Street for $2.1 million. The sisters purchased the -The New York Times 1,800-square-foot unit for $1.4 million in 2005.

8 Gabby Warshawer, CityRealty Director of Research and Communications, welcomes any questions and comments regarding the New York City real estate market. She can be reached at [email protected] or by phone at 212-209-8809.

Visit us at www.cityrealty.com for more sales information.

All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no property included in this report shall the number of bedrooms listed be considered a legal conclusion.