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AUGUST 2015 | MONTHLY MARKET REPORT

CITYREALTY MONTHLY MARKET REPORT

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

CityRealty is the website for NYC real estate, providing high-quality listings and tailored agent matching for prospective apartment buyers, as well as in-depth analysis of the real estate market.

1 MONTHLY MARKET REPORT AUGUST 2015

Summary Most Expensive Sales The number of apartment sales greatly increased in the four weeks leading up to July 1, while the average sale price dropped slightly. There were 1,150 residential closings, a substantial uptick from the 876 closings in the prior month. The average sale price for an apartment— taking into account both condo and co-op sales—was $1.8 million, down from $1.9 million in the preceding month. AVERAGE SALES PRICE $50.9M CONDOS AND CO-OPS Time Warner Center, #PH78 25 $1.8 Million 6+ Bed, 6+ Bath Approx 8,275 ft2 ($6,135/ft­ 2) The average price of a condo was $2.5 million and the average price of a co-op was $1.4 million. There were 486 condo sales, up from 367 in the preceding month, and 664 co-op sales, up from 509 in the prior four weeks.

RESIDENTIAL SALES 1,150 $2.1B UNITS GROSS SALES $24.0M The Spencer, #PH The top sale was an 8,300-square-foot penthouse in the Time Warner Center. The 1 East 62nd Street sale of the duplex, for $50.9 million, was the most expensive condo sale on record in the building. 4 Bed, 4.5 Bath Approx 4,009 ft2 ($5,987/ft­ 2) The second highest sale was for a 4,009-square-foot penthouse in the Upper East Side condominium The Spencer. The unit in the building at 1 East 62nd Street fetched $24 million. The third top sale was a four-bedroom co-op in the landmark Pierre that sold for $22.9 million. 486 664 CONDOS SOLD CO-OPS SOLD $22.9M 2 , #2901 AVG PRICE AVG PRICE/FT AVERAGE PRICE $2.5M $1,718 795 $1.4M 4 Bed, 4.5 Bath

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

30-DAY SALES / PAST 30-Day Total Sales by Region MIDTOWN PRICE AVG* 30 DAYS Midtown East $1,545 / ft2 (-1%) 31 Midtown West $1,602 / ft2 (-7%) 62 16% Murray Hill $1,686 / ft2 (+11%) 47 Upper 35% Turtle Bay/United Nations $1,515 / ft2 (+0%) 14 East Side Downtown $193M $424M 30-DAY SALES / PAST DOWNTOWN PRICE AVG* 30 DAYS

Chelsea $2,290 / ft2 (+5%) 56 East Village $1,958 / ft2 (+27%) 8 Flatiron/Union Square $1,849 / ft2 (-19%) 7 Gramercy Park $1,482 / ft2 (-13%) 9 19% Lower East Side $1,542 / ft2 (+25%) 9 Upper 2 West Side Soho $2,183 / ft (+3%) 7 $228M Tribeca $1,828 / ft2 (-5%) 30

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

2 Corridor $1,977 / ft (+31%) 21 2 5% West $1,617 / ft (-20%) 22 Financial District / Lincoln Center $1,871 / ft2 (+12%) 6 25% BPC Midtown $1,568 / ft2 (+8%) 25 $292M $64M Riverside Drive/West End Avenue 30-DAY SALES / PAST 35+5251916 PRICE AVG* 30 DAYS FINANCIAL DISTRICT / BPC

Downtown was the highest grossing region in Manhattan, Battery Park City $1,219 / ft2 (-7%) 20 2 with $424 million in condominium sales. Midtown was the Financial District $3,491 / ft (+168%) 37 second highest grossing area, with $292 million in sales. 30-DAY SALES / PAST Downtown had the highest price/ft2, $1,962, which was UPPER EAST SIDE PRICE AVG* 30 DAYS virtually unchanged from the prior month, and the Upper East $1,992 / ft2 (+17%) 6 2 Carnegie Hill Side had the second highest price/ft , $1,791. 2 Lenox Hill $1,607 / ft (-4%) 40 Park/Fifth Avenue to 79th Street $3,779 / ft2 (+9%) 7 2 Avg Price / Ft2 by Region Yorkville $1,284 / ft (-6%) 17

$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 August 2015 market report includes all public records data available through July 31, 2015 for deeds recorded the prior month. MONTHLY MARKET REPORT AUGUST 2015 Historical Performance : Selected Resales Of the 486 condo sales in Manhattan, 156 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 : 12 The Horizon, 415 East 37th Street, #29H 700ft² Aug 04, 2005 ($690,000) Jun 23, 2015 ($815,000) $125,000 (+18.1%) +1.7% 40 Sutton Place, #5D 461ft² Jul 20, 2005 ($370,000) Jun 16, 2015 ($435,000) $65,000 (+17.6%) +1.7% 355 Greenwich Street, #2B 1,075ft² Sep 06, 2005 ($1,100,000) Jun 25, 2015 ($1,988,000) $888,000 (+80.7%) +6.3% Kips Bay Towers, 300 East 33rd Street, #5-J 1,142ft² Aug 19, 2005 ($925,000) Jun 15, 2015 ($1,400,000) $475,000 (+51.4%) +4.3% Hudson View West, 300 Albany Street, #8K 624ft² Apr 08, 2005 ($355,000) Jun 25, 2015 ($510,000) $155,000 (+43.7%) +3.6% Colonnade East, 220 East 60th Street, #9F 463ft² Dec 13, 2005 ($459,000) Jun 12, 2015 ($620,000) $161,000 (+35.1%) +3.2% The Grand Millennium, 1965 Broadway, #14H 1,577ft² Jan 18, 2005 ($1,798,000) Jun 12, 2015 ($3,100,000) $1,302,000 (+72.4%) +5.4% 172 West 79th Street, #15F 764ft² Apr 08, 2005 ($568,972) Jun 15, 2015 ($1,110,000) $541,028 (+95.1%) +6.8% Original Sale Year : 2006 Total Transactions : 16 555 West 23rd Street, #S10F 670ft² Jan 31, 2006 ($738,231) JJun 08, 2015 ($1,025,000) $286,769 (+38.8%) +3.6% 444 East , #14E 2,190ft² Aug 15, 2006 ($5,125,000) Jun 01, 2015 ($8,500,000) $3,375,000 (+65.9%) +6.0% The Orion, 350 West , #27H 522ft² Aug 04, 2006 ($535,599) Jun 05, 2015 ($838,888) $303,289 (+56.6%) +5.2% 330 East 72nd Street, #5 2,334ft² Jan 27, 2006 ($2,341,975) Jun 08, 2015 ($3,500,000) $1,158,025 (+49.4%) +4.4% Millennium Tower Residences, 30 West Street, #7E 1,991ft² Dec 18, 2006 ($1,985,587) Jun 17, 2015 ($3,226,000) $1,240,413 (+62.5%) +5.9% Andrew, 251 West 98th Street, #2A 1,255ft² Dec 08, 2006 ($1,400,000) Jun 12, 2015 ($1,900,000) $500,000 (+35.7%) +3.7% 243 West 98th Street, #2A 1,453ft² Aug 02, 2006 ($1,180,000) Jun 19, 2015 ($1,745,000) $565,000 (+47.9%) +4.5% Trump Place, 220 Riverside Boulevard, #28E 1,872ft² Sep 06, 2006 ($980,000) Jun 18, 2015 ($1,160,000) $180,000 (+18.4%) +1.9% Original Sale Year : 2007 Total Transactions : 30 823 , #4 4,184ft² Dec 21, 2007 ($11,200,750) Jun 05, 2015 ($13,350,000) $2,149,250 (+19.2%) +2.4% Olympic Tower, 641 Fifth Avenue, #38C 1287ft² Jul 08, 2007 ($2,375,000) Jun 03, 2015 ($3,075,000) $700,000 (+29.5%) +3.4% Village House, 60 West 13th Street, #2B 950ft² Aug 15, 2007 ($880,000) Jun 05, 2015 ($1,325,000) $445,000 (+50.6%) +5.4% 60 East 88th Street, #4A 1,853ft² Oct 17, 2007 ($2,750,000) Jun 09, 2015 ($3,735,000) $985,000 (+35.8%) +4.1% Madison Green, 5 East 22nd Street, #27R 634ft² Mar 27, 2007 ($800,000) Jun 30, 2015 ($1,375,000) $575,000 (+71.9%) +6.8% 41 West 72nd Street, #17F 692ft² Apr 25, 2007 ($800,000) Jun 22, 2015 ($1,040,000) $240,000 (+30.0%) +3.3% Century Tower, 400 East 90th Street, #2E 1,378ft² Oct 25, 2007 ($1,303,360) Jun 26, 2015 ($1,450,000) $146,640 (+11.3%) +1.4% 40 Mercer Street, #37 2,206ft² May 24, 2007 ($5,335,000) Jun 15, 2015 ($9,000,000) $3,665,000 (+68.7%) +6.8% Original Sale Year : 2008 Total Transactions : 20 The Visionaire, 70 Little West Street, #9D 886ft² Dec 01, 2008 ($914,388) Jun 30, 2015 ($1,220,000) $305,612 (+33.4%) +4.5% 515 East 72nd Street, #30J 611ft² Dec 11, 2008 ($900,000) Jun 18, 2015 ($928,000) $28,000 (+3.1%) +0.5% 49 East 21st Street, #8D 1,282ft² Jun 26, 2008 ($1,537,000) Jun 01, 2015 ($2,490,000) $953,000 (+62.0%) +7.2% Chatham 44, 464 West 44th Street, #PHC 1,576ft² Jul 25, 2008 ($2,240,150) Jun 16, 2015 ($2,770,000) $529,850 (+23.7%) +3.2% Twenty9th Park Madison, 39 East 29th Street, #16D 792ft² Sep 16, 2008 ($1,028,432) Jun 15, 2015 ($1,445,000) $416,568 (+40.5%) +5.2% The Orion, 350 West 42nd Street, #57E 778ft² Apr 09, 2008 ($1,180,000) Jun 11, 2015 ($1,550,000) $370,000 (+31.4%) +3.9% Veneto, 250 East , #2901 1,559ft² Sep 16, 2008 ($2,750,000) Jun 01, 2015 ($2,910,000) $160,000 (+5.8%) +0.9% L'Ecole, 212 East , #22H 642ft² Jan 30, 2008 ($745,359) Jun 29, 2015 ($960,000) $214,641 (+28.8%) +3.5% Original Sale Year : 2009 Total Transactions : 10 The Rushmore, 80 Riverside Boulevard, #3H 798ft² Dec 29, 2009 ($846,757) Jun 23, 2015 ($1,360,000) $513,243 (+60.6%) +9.1% The Textile Building, 66 Leonard Street, #2E 2,368ft² Nov 12, 2009 ($2,301,750) Jun 01, 2015 ($4,650,000) $2,348,250 (+102.0%) +13.6% The Heritage, 240 Riverside Boulevard, #12F 1,059ft² Dec 23, 2009 ($1,100,000) Jun 02, 2015 ($1,617,500) $517,500 (+47.0%) +7.4% Trump Place, 220 Riverside Boulevard, #17E 1,486ft² Jul 14, 2009 ($1,625,000) Jun 01, 2015 ($2,500,000) $875,000 (+53.8%) +7.7% 211 East , #9E 1,198ft² Mar 20, 2009 ($1,501,918) Jun 25, 2015 ($2,115,000) $613,082 (+40.8%) +5.6% The Brompton, 205 East 85th Street, #16M 525ft² May 29, 2009 ($858,937) Jun 15, 2015 ($900,000) $41,063 (+4.8%) +0.8% Century Towers, 175 West 12th Street, #19C 920ft² Jul 29, 2009 ($950,000) Jun 15, 2015 ($2,515,000) $1,565,000 (+164.7%) +18.2% The Alfred, 161 West 61st Street, #9A 1,167ft² Apr 16, 2009 ($1,062,500) Jun 23, 2015 ($1,500,000) $437,500 (+41.2%) +5.8%

4 MONTHLY MARKET REPORT AUGUST 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 : 18 The Rushmore, 80 Riverside Boulevard, #11A 951ft² Apr 21, 2010 ($1,234,899) Jun 11, 2015 ($1,675,000) $440,101 (+35.6%) +6.2% Atelier, 635 West 42nd Street, #6A 800ft² Jul 14, 2010 ($790,000) Jun 01, 2015 ($940,000) $150,000 (+19.0%) +3.7% The Fairchild, 55 Vestry Street, #3B 1,350ft² Jul 22, 2010 ($1,527,375) Jun 02, 2015 ($2,775,000) $1,247,625 (+81.7%) +13.1% 515 East 72nd Street, #8D 927ft² Feb 18, 2010 ($828,888) Jun 11, 2015 ($1,188,888) $360,000 (+43.4%) +7.1% 456 West 19th Street, #6/7F 2,069ft² Sep 30, 2010 ($3,200,000) Jun 24, 2015 ($4,800,000) $1,600,000 (+50.0%) +9.1% The Setai Wall Street, 40 Broad Street, #19C 585ft² Feb 23, 2010 ($529,490) Jun 11, 2015 ($636,500) $107,010 (+20.2%) +3.6% Leighton House, 360 East 88th Street, #30A 1,347ft² May 04, 2010 ($1,450,000) Jun 29, 2015 ($2,100,000) $650,000 (+44.8%) +7.6% 303 East 33rd Street, #11G 912ft² Oct 12, 2010 ($928,644) Jun 17, 2015 ($1,450,000) $521,356 (+56.1%) +10.0% Original Sale Year : 2011 Total Transactions : 13 Cammeyer, 650 , #3N 802ft² Mar 24, 2011 ($982,611) Jun 19, 2015 ($1,375,000) $392,389 (+39.9%) +8.4% 40 Sutton Place, #6A 475ft² Nov 10, 2011 ($388,000) Jun 05, 2015 ($468,300) $80,300 (+20.7%) +5.5% The Link, 310 West , #19B 1,331ft² Dec 19, 2011 ($1,875,000) Jun 22, 2015 ($2,650,000) $775,000 (+41.3%) +10.4% 303 East 33rd Street, #7J 546ft² May 26, 2011 ($631,315) Jun 30, 2015 ($770,000) $138,685 (+22.0%) +5.0% The Olcott, 27 West 72nd Street, #1010 2,864ft² Dec 09, 2011 ($6,500,000) Jun 12, 2015 ($8,125,000) $1,625,000 (+25.0%) +6.6% 222 Riverside Drive, #PH3A 2,000ft² Feb 24, 2011 ($3,800,000) Jun 11, 2015 ($4,900,000) $1,100,000 (+28.9%) +6.2% Downtown Club, 20 West Street, #22G 668ft² Sep 09, 2011 ($580,000) Jun 03, 2015 ($730,000) $150,000 (+25.9%) +6.5% Trump Palace, 200 East 69th Street, #5TU 1,000ft² Mar 28, 2011 ($1,275,000) Jun 12, 2015 ($2,300,000) $1,025,000 (+80.4%) +15.2% Original Sale Year : 2012 Total Transactions : 13 The Worth Building, 73 Worth Street, #PHD 1,997ft² Mar 14, 2012 ($2,425,000) Jun 26, 2015 ($4,250,000) $1,825,000 (+75.3%) +18.8% Five Nine John Lofts, 59 John Street, #4C 1,651ft² Aug 13, 2012 ($1,365,000) Jun 12, 2015 ($2,050,000) $685,000 (+50.2%) +15.9% 517 East 11th Street, #3 1,665ft² Jun 22, 2012 ($1,445,000) Jun 10, 2015 ($2,105,000) $660,000 (+45.7%) +13.8% Kips Bay Towers, 343 East 30th Street, #19-C 1,164ft² Nov 29, 2012 ($1,776,000) Jun 29, 2015 ($2,400,000) $624,000 (+35.1%) +12.4% Sheffield 57,322 West 57th Street, #15P3 2,180ft² Oct 17, 2012 ($2,621,994) Jun 15, 2015 ($3,350,000) $728,006 (+27.8%) +9.9% The Rio, 304 East 65th Street, #29C 1,096ft² Feb 27, 2012 ($1,275,000) Jun 16, 2015 ($1,885,000) $610,000 (+47.8%) +12.8% Dag Hammarskjold Tower, 240 East 47th Street, #13A 800ft² Dec 14, 2012 ($650,000) Jun 15, 2015 ($1,060,000) $410,000 (+63.1%) +21.6% The Copley, 2000 Broadway, #8G 758ft² Nov 20, 2012 ($899,000) Jun 23, 2015 ($1,250,000) $351,000 (+39.0%) +13.6% Original Sale Year : 2013 Total Transactions : 15 Griffin Court,800 Tenth Avenue, #4J 1,550ft² Jun 18, 2013 ($1,824,968) Jun 19, 2015 ($2,325,000) $500,032 (+27.4%) +12.9% The Fischer Mills Building, 62 Beach Street, #6A 2,156ft² May 06, 2013 ($1,142,461) Jun 05, 2015 ($1,180,000) $37,539 (+3.3%) +1.6% The Aldyn, 60 Riverside Boulevard, #1501 2,505ft² May 17, 2013 ($4,497,556) Jun 16, 2015 ($5,950,000) $1,452,444 (+32.3%) +15.0% Element, 555 West , #32D 1,384ft² May 29, 2013 ($2,225,000) Jun 04, 2015 ($2,725,000) $500,000 (+22.5%) +10.7% The Stanford, 45 East 25th Street, #21C 633ft² Sep 23, 2013 ($900,000) Jun 11, 2015 ($1,110,000) $210,000 (+23.3%) +13.4% Le Domaine, 403 East 62nd Street, #11A 1,100ft² Sep 16, 2013 ($608,750) Jun 15, 2015 ($1,175,000) $566,250 (+93.0%) +48.4% 345 Meatpacking, 345 West 14th Street, #4B 1,196ft² Jun 04, 2013 ($2,214,694) Jun 08, 2015 ($3,000,000) $785,306 (+35.5%) +16.4% Gramercy Starck, 340 East 23rd Street, #7B 435ft² Jun 14, 2013 ($630,000) Jun 17, 2015 ($740,000) $110,000 (+17.5%) +8.4% Original Sale Year : 2014 Total Transactions : 8 455 West 20th Street, #4C 2,644ft² Jan 14, 2014 ($2,260,000) Jun 16, 2015 ($2,750,000) $490,000 (+21.7%) +14.9% Caledonia, 450 West 17th Street, #1810 669ft² May 29, 2014 ($1,800,000) Jun 22, 2015 ($1,900,000) $100,000 (+5.6%) +5.6% Hudson Tower, 350 Albany Street, #3J 660ft² Jul 18, 2014 ($590,000) Jun 19, 2015 ($615,000) $25,000 (+4.2%) +4.6% 241 FIFTH, 241 Fifth Avenue, #6A 566ft² Jan 24, 2014 ($1,135,000) Jun 24, 2015 ($1,305,000) $170,000 (+15.0%) +10.4% 241 FIFTH, 241 Fifth Avenue, #14C 593ft² Feb 14, 2014 ($1,221,900) Jun 16, 2015 ($1,360,000) $138,100 (+11.3%) +8.4% Trump Place, 200 Riverside Boulevard, #7E 765ft² Jun 19, 2014 ($806,900) Jun 26, 2015 ($999,000) $192,100 (+23.8%) +23.8% Downtown Club, 20 West Street, #23J 758ft² Mar 06, 2014 ($728,000) Jun 19, 2015 ($778,961) $50,961 (+7.0%) +5.6% Mohawk Atelier, 161 Duane Street, #4B 2,375ft² Jun 30, 2014 ($4,325,000) Jun 11, 2015 ($4,860,000) $535,000 (+12.4%) +13.6%

5 MONTHLY MARKET REPORT AUGUST 2015 Historical Performance : Featured Resales

The Aldyn, #1501 60 Riverside Boulevard $6.0M $6.0M +15.0% ANNUAL GROWTH RATE (2YRS)*

$5.0M +$1,452,444 AGGREGATE PRICE CHANGE CLOSING HISTORY: Jun 16, 2015 • $5,950,000 2005 06 07 08 09 10 11 12 13 14 15 May 17, 2013 • $4,497,556

442 West 23rd Street, #A $3.0M $3.0M +23.3% ANNUAL GROWTH RATE (3YRS)*

$2.0M +$1,290,000 AGGREGATE PRICE CHANGE CLOSING HISTORY: Jun 30, 2015 • $2,950,000 2005 06 07 08 09 10 11 12 13 14 15 Sep 11, 2012 • $1,660,000

One Avenue B, #PHI 1 Avenue B $6.4M $8.0M +12.3% ANNUAL GROWTH RATE (7YRS)*

$4.0M +$3,365,000 AGGREGATE PRICE CHANGE CLOSING HISTORY: Jun 30, 2015 • $6,356,000 2005 06 07 08 09 10 11 12 13 14 15 Dec 29, 2008 • $3,000,000

200 Chambers Street, #7A $5.6M $6.0M +11.1% ANNUAL GROWTH RATE (8YRS)*

$3.0M +$3,120,562 AGGREGATE PRICE CHANGE CLOSING HISTORY: Jun 15, 2015 • $5,600,000 2005 06 07 08 09 10 11 12 13 14 15 Sep 12, 2007 • $2,479,438

205 East 59th Street, #23B $3.2M $4.0M +2.6% ANNUAL GROWTH RATE (10 YRS)*

$3.0M +$713,434 AGGREGATE PRICE CHANGE CLOSING HISTORY: Jun 16, 2015 • $3,200,000 2005 06 07 08 09 10 11 12 13 14 15 Aug 26, 2005 • $2,486,566

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

Approx 5,300 ft2 50 United Nations Plaza, #DPH4243 Approx 9,004 ft2 $70.0M 4 Bed, 6+ Bath This duplex penthouse in the new development at 50 United Nations Plaza combines more than 9,000 square feet of interior space with two large outdoor spaces. The apartment also has a private elevator and an entertainment lounge.

1 Sutton Place South, #910B $9.9M 4 Bed, 3.5 Bath This duplex unit with four bedrooms is in a prewar co-op designed by Rosario Candela. The apartment features a stone loggia/bar, a library and a large dining room. The second level has a sprawling master suite with full-length windows overlooking the .

32 Washington Square West, #1214W $6.9M 5 Bed, 4.5 Bath This duplex co-op has 10 rooms with 32 windows, including four exposures on the northwest corner of . Architectural details include beamed ceilings, arched doorways and stained oak floors throughout. The great room has a wood-burning fireplace and an eat-in kitchen.

388 Bridge Street, #PH53B Approx 2,025 ft2 $5.1M 3 Bed, 3.5 Bath This three-bedroom, three-and-a-half bathroom penthouse unit in the new Downtown Brooklyn development at 388 Bridge Street offers panoramic views of many of the city’s landmarks. The building has a fully attended lobby, a sky lounge and a rooftop viewing terrace.

250 Bowery, #5A Approx 935 ft2 $2.35M 2 Bed, 2 Bath This two-bedroom, two-bathroom condo has Bowery views, wide-plank white oak floors and a custom matte white kitchen with imported appliances. The master suite includes a walk-in closet and a spa bath with a custom double vanity. The apartment also has a stacked washer and dryer.

7 MONTHLY MARKET REPORT AUGUST 2015 Snapshot

Presidential hopeful Donald Trump reportedly sold his full-floor penthouse unit in Trump Park Avenue for $21 million. The apartment spans more than 6,000 square feet and has five bedrooms. The condo first hit the market for $35 million in 2013 and was more recently listed for $24.99 million.

Celebrity photographer David LaChapelle listed his West Chelsea co-op at 427 West 21st Street for $2.5 million. The one-bedroom, one- bathroom home is a floor-through 19th century parlor with 12-foot ceilings, hand-carved crown molding, and three wood-burning fireplaces. LaChapelle originally purchased the home for Actress Julia Roberts is selling her 2,000-square-foot Greenwich $1,739,500 in 2011. Village apartment for $4.5 million. Roberts purchased the three- bedroom, three-bathroom co-op at 45 West 10th Street for $3.9 million in 2010. The apartment features a spacious terrace off the living room.

The musicians in Chicago gave me my vocation, but New York calls to a jazz musician, for sure. You want to test your mettle."

–Grammy-winning jazz singer Kurt Elling on his Iconic film directorFrancis Ford decision to move from Chicago to an apartment on Coppola reportedly purchased a $2.5 million apartment at 32 the Upper West Side in 2008. Morton Street. The West Village address is the same building -The New York Times where Robert De Niro and his stepdaughter Drena bought a $2.8 million penthouse last year. Coppola’s new loft has two bedrooms and nine over-sized windows with southern and eastern exposures.

8 Gabby Warshawer, CityRealty Director of Research and Communications, welcomes any questions and comments regarding the 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. This report is a monthly overview of the Co-op and Condo market in Manhattan. Closing data provided lags approximately four weeks from actual closing dates, balancing the timeliness of the report with the completeness of the data set for the period and the accuracy of our analysis. 9