APRIL MONTHLY MARKET REPORT

CITYREALTY MONTHLY MARKET REPORT

Sales Summary 2-3 Historical Performance 4-6 Notable New Listings 7 This report is a monthly overview of the Co-op and Condo market in . Closing data provided lags approximately four weeks from actual closing dates, balancing the timeliness of the Snapshot 8 report with the completeness of the data set for the period and the accuracy of our analysis. 1 APRIL MONTHLY MARKET REPORT

Summary Most Expensive Sales The average apartment sale price in Manhattan dipped markedly in the four weeks leading up to March 1st, a drop that is attributable to an absence of very expensive sales and which underscores the extent to which a handful of big- ticket new condo sales is able to shift the monthly price average. AVERAGE SALES PRICE CONDOS AND CO-OPS $17.0M $1.5 Million 22 Central Park South, #PH The average price for an apartment—taking into account both condo and co-op 3 Bed, 3.5 Bath sales—was $1.5 million, a 21% decrease month-over-month. The average price Approx 2,943 ft2 ($5,776/ft­ 2) of a condominium dropped to $1.9 million, a dramatic 35% falloff from the $2.9 average in the prior reporting period. The average price of a co-op, $1.2 million, was unchanged month-over-month. The total number of apartments sold was also virtually unchanged month-over-month, rising to 785 closings from 783.

The relative decline in high-end closings had an outsized effect on the overall Manhattan apartment price average, with the average price of the five most expensive sales dropping from $31 million to $13 million. RESIDENTIAL SALES 785 $1.2B $13.5M UNITS GROSS SALES 860 , #4TH F 4 Bed, 4.5 Bath The most expensive sale was a 2,943 ft2 unit in the new condo development at 22 Central Park South that sold for $17 million. The three bedroom, three-and-a-half bathroom apartment is a duplex spanning two full floors with Central Park views.

The second most expensive sale was a four-bedroom, four-and-a-half bathroom, full-floor unit in the prewar cooperative building at 860 Park Avenue, on the corner of 77th Street, which sold for $13.5 million. The third most expensive sale was a three-bedroom, three-and-a-half bathroom unit spanning 3,000 ft2 in the new condo the Baccarat on West 53rd Street that sold for $12 million. 330 455 $12.0M CONDOS SOLD CO-OPS SOLD The Baccarat, #PH 2 20 West 53rd Street AVG PRICE AVG PRICE/FT AVERAGE PRICE $1.9M $1,591 3 Bed, 3.5 Bath $1.2M Approx 3,005 ft2 ($3,993/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 April 2015 market report includes all public records data available through March 31, 2015 for deeds recorded the prior month. APRIL MONTHLY MARKET REPORT Manhattan Condo Sales Summary

30-DAY SALES / PAST 30-Day Total Sales by Region MIDTOWN PRICE AVG* 30 DAYS Midtown East $1,601 / ft2 (-29%) 8 Midtown West $1,773 / ft2 (-10%) 32 13% Murray Hill $1,671 / ft2 (+2%) 55 (42) 30-DAY SALES / PAST $78M 30% Downtown (85) DOWNTOWN PRICE AVG* 30 DAYS $188M Chelsea $1,840 / ft2 (+1%) 25 22% $1,205 / ft2 (-27%) 5 Upper East Village 2 West Side (66) Flatiron/Union Square $1,838 / ft (+15%) 8 $140M Gramercy Park $1,436 / ft2 (-19%) 8 Greenwich Village $1,728 / ft2 (-4%) 6 Soho $1,739 / ft2 (-25%) 6 Tribeca $1,752 / ft2 (-19%) 17 West Village $2,043 / ft2 (-1%) 6

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

2 8% Central Park West $1,622 / ft (-49%) 14 2 Financial District / Lincoln Center $1,767 / ft (+2%) 10 27% BPC (36) Riverside Dr. / West End Ave. $1,374 / ft2 (-17%) 18 Midtown (101) $50M 2 $172M Corridor $1,396 / ft (+3%) 20

30-DAY SALES / PAST 30+8272213 FINANCIAL DISTRICT / BPC PRICE AVG* 30 DAYS Downtown was the highest-grossing region in Manhattan, with $188 million in condominium sales. Midtown was Park City $1,563 / ft2 (+32%) 6 second highest-grossing area, with $172 million in sales. Financial District $1,287 / ft2 (+4%) 30 Downtown also had the highest price/ft2, $1,739, and Midtown the second-highest, $1,685/ft2. Battery Park City, however, saw 30-DAY SALES / PAST UPPER EAST SIDE PRICE AVG* 30 DAYS the largest month-over-month increase, going from $1,224/ft2 2 2 to $1,333/ft . $1,498 / ft (-13%) 22 Yorkville $1,275 / ft2 (-1%) 12 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 April 2015 market report includes all public records data available through March 31, 2015 for deeds recorded the prior month. APRIL MONTHLY MARKET REPORT Historical Performance : Selected Resales Of the 330 condo sales in Manhattan recorded,134 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 : 8 River Lofts, 92 Laight Street, #10D 2,128 ft² Jul 21, 2005 ($2,443,800) Feb 05, 2015 ($5,000,000) $2,556,200 (+104.6%) +7.8% The Carl Fischer Building, 62 Cooper Square, #3C 1,603 ft² Aug 16, 2005 ($2,000,000) Feb 27, 2015 ($3,050,000) $1,050,000 (+52.5%) +4.5% Gregory Towers, 460 East 79th Street, #17D 451 ft² Jun 01, 2005 ($457,314) Feb 02, 2015 ($580,000) $122,686 (+26.8%) +2.5% 400 East 14th Street, #3C 556 ft² Dec 29, 2005 ($465,000) Feb 12, 2015 ($700,000) $235,000 (+50.5%) +4.6% Park West Village, 400 Central Park West, #14B 840 ft² Feb 10, 2005 ($641,497) Feb 13, 2015 ($1,150,000) $508,503 (+79.3%) +6.0% The Seville, 300 East 77th Street, #9B 1,067 ft² Apr 19, 2005 ($1,103,300) Feb 27, 2015 ($1,485,000) $381,700 (+34.6%) +3.1% Trump International, 1 Central Park West, #26B 1,599 ft² Jun 28, 2005 ($3,000,000) Feb 05, 2015 ($7,000,000) $4,000,000 (+133.3%) +9.2% 205 East , #12C 1,285 ft² Sep 08, 2005 ($1,675,021) Feb 18, 2015 ($2,050,000) $374,979 (+22.4%) +2.2% Original Sale Year : 2006 Total Transactions : 20 825 West End Avenue, #9-C 1,612 ft² Apr 07, 2006 ($1,500,000) Feb 09, 2015 ($2,450,000) $950,000 (+63.3%) +5.7% 555 West 23rd Street, #S7M 726 ft² Aug 14, 2006 ($738,231) Feb 04, 2015 ($950,000) $211,769 (+28.7%) +3.0% Cipriani Residences, 55 , #635 578 ft² Aug 29, 2006 ($698,092) Feb 09, 2015 ($700,000) $1,908 (+0.3%) +0.0% 508 Broadway, #5 1,762 ft² May 19, 2006 ($1,550,000) Feb 17, 2015 ($2,675,000) $1,125,000 (+72.6%) +6.5% Liberty Terrace, 380 Rector Place, #19D 673 ft² May 19, 2006 ($649,000) Feb 24, 2015 ($795,000) $146,000 (+22.5%) +2.3% Worldwide Plaza, 350 West 50th Street, #8F 1,087 ft² Jul 28, 2006 ($1,064,071) Feb 09, 2015 ($1,450,000) $385,929 (+36.3%) +3.7% 295 Third Avenue, #1C 420 ft² Dec 14, 2006 ($275,000) Feb 26, 2015 ($500,000) $225,000 (+81.8%) +7.6% 250 East 65th Street, #12E 1,650 ft² May 30, 2006 ($1,750,000) Feb 12, 2015 ($2,300,000) $550,000 (+31.4%) +3.2% Original Sale Year : 2007 Total Transactions : 25 Greenwich Club, 88 , #628 569 ft² Sep 12, 2007 ($539,672) Feb 27, 2015 ($627,500) $87,828 (+16.3%) +2.1% South Star, 80 John Street, #19C 1,105 ft² Aug 07, 2007 ($1,044,011) Feb 13, 2015 ($1,325,000) $280,989 (+26.9%) +3.2% Atelier, 635 West 42nd Street, #17F 759 ft² Apr 02, 2007 ($870,603) Feb 27, 2015 ($948,000) $77,397 (+8.9%) +1.1% Clinton West, 516 West 47th Street, #S6K 428 ft² May 31, 2007 ($475,000) Feb 13, 2015 ($491,790) $16,790 (+3.5%) +0.5% Cielo, 450 East 83rd Street, #2B 512 ft² Dec 10, 2007 ($661,862) Feb 25, 2015 ($525,000) -$136,862 (-20.7%) -3.2% The Olmsted, 382 Central Park West, #14B 850 ft² Jul 16, 2007 ($859,000) Feb 26, 2015 ($1,110,000) $251,000 (+29.2%) +3.4% Chelsea Commons, 313 West 22nd Street, #1A 1,000 ft² Aug 29, 2007 ($1,257,000) Feb 13, 2015 ($1,795,000) $538,000 (+42.8%) +4.9% The Link, 310 West 52nd Street, #5J 901 ft² Jul 16, 2007 ($980,000) Feb 27, 2015 ($1,465,000) $485,000 (+49.5%) +5.4% Original Sale Year : 2008 Total Transactions : 21 be@william, 90 William Street, #5H 1,100 ft² Jul 23, 2008 ($818,673) Feb 25, 2015 ($950,000) $131,327 (+16.0%) +2.3% 7 Wooster Street, #PH 2,591 ft² Apr 09, 2008 ($1,529,933) Feb 04, 2015 ($6,000,000) $4,470,067 (+292.2%) +22.4% Olympic Tower, 641 , #38B 1,238 ft² Jun 05, 2008 ($2,150,000) Feb 11, 2015 ($2,995,000) $845,000 (+39.3%) +5.1% The A Building, 425 East 13th Street, #1J 706 ft² Jan 28, 2008 ($789,143) Feb 27, 2015 ($865,000) $75,857 (+9.6%) +1.3% 40 West 55th Street, #6A 1,354 ft² Feb 28, 2008 ($1,538,915) Feb 13, 2015 ($1,525,000) $13,915 (-0.9%) -0.1% The Orion, 350 West 42nd Street, #52C 1,076 ft² Oct 28, 2008 ($1,466,000) Feb 13, 2015 ($1,895,000) $429,000 (+29.3%) +4.2% The Beekman, 350 East 62nd Street, #4K 550 ft² Feb 07, 2008 ($495,000) Feb 05, 2015 ($599,000) $104,000 (+21.0%) +2.8% Ariel East, 2628 Broadway, #11A 2,013 ft² Jul 01, 2008 ($2,698,362) Feb 12, 2015 ($3,170,000) $471,638 (+17.5%) +2.5% Original Sale Year : 2009 Total Transactions : 11 72 East 3rd Street, #4C 622 ft² Oct 05, 2009 ($625,000) Feb 20, 2015 ($979,000) $354,000 (+56.6%) +8.8% Cipriani Residences, , #716 1,092 ft² Dec 22, 2009 ($946,505) Feb 03, 2015 ($1,075,000) $128,495 (+13.6%) +2.5% 508 Broadway, #4 1,703 ft² Sep 22, 2009 ($1,300,000) Feb 17, 2015 ($2,450,000) $1,150,000 (+88.5%) +12.6% The Olcott, 27 West , #710 1,325 ft² Jun 04, 2009 ($1,924,492) Feb 24, 2015 ($2,695,000) $770,508 (+40.0%) +6.1% Manhattan House, 200 East 66th Street, #B1606 1,463 ft² Jan 23, 2009 ($2,336,124) Feb 11, 2015 ($3,025,000) $688,876 (+29.5%) +4.4% CitySpire, 150 West 56th Street, #4503 1,148 ft² Nov 23, 2009 ($1,450,000) Feb 26, 2015 ($2,000,000) $550,000 (+37.9%) +6.3% Prima, 130 West 20th Street, #7C 710 ft² May 29, 2009 ($990,757) Feb 23, 2015 ($1,356,000) $365,243 (+36.9%) +5.7% District, 111 Fulton Street, #PH208 810 ft² Dec 21, 2009 ($835,000) Feb 23, 2015 ($1,275,000) $440,000 (+52.7%) +8.5%

4 APRIL MONTHLY MARKET REPORT Selected Resales, Cont. COMPOUND SQUARE MOST RECENT ANNUAL BUILDING, UNIT FEET FIRST SALE SALE PRICE CHANGE GROWTH RATE Original Sale Year : 2010 Total Transactions : 9 Smyth Upstairs, 85 West Broadway, #11N 533 ft² Mar 18, 2010 ($650,000) Feb 12, 2015 ($975,000) $325,000 (+50.0%) +8.8% Trump World Tower, 845 United Nations Plaza, #18C 871 ft² May 11, 2010 ($1,137,500) Feb 13, 2015 ($1,530,000) $392,500 (+34.5%) +6.4% Five Nine John Lofts, 59 John Street, #8E 956 ft² Aug 30, 2010 ($850,000) Feb 18, 2015 ($1,065,000) $215,000 (+25.3%) +5.2% 456 West 19th Street,#2/3A 1,718 ft² Dec 01, 2010 ($2,195,347) Feb 11, 2015 ($3,170,000) $974,653 (+44.4%) +9.2% Georgica, 305 East 85th Street, #7D 1,545 ft² Dec 15, 2010 ($1,989,671) Feb 12, 2015 ($2,300,000) $310,329 (+15.6%) +3.6% The Gemstone, 235 West End Avenue, #11A 750 ft² Sep 24, 2010 ($757,500) Feb 13, 2015 ($905,000) $147,500 (+19.5%) +4.2% The Park Imperial, 230 West 56th Street, #50D 812 ft² Sep 20, 2010 ($1,230,000) Feb 03, 2015 ($1,850,000) $620,000 (+50.4%) +9.9% Park Millennium, 111 West 67th Street, #29-B 678 ft² Jul 26, 2010 ($1,060,000) Feb 25, 2015 ($1,375,000) $315,000 (+29.7%) +6.0% Original Sale Year : 2011 Total Transactions : 14 350 East 54th Street, #1J 742 ft² Feb 17, 2011 ($629,000) Feb 17, 2015 ($740,000) $111,000 (+17.6%) +4.1% Continental Towers, 301 East 79th Street, #9 M 600 ft² Oct 31, 2011 ($650,000) Feb 20, 2015 ($809,000) $159,000 (+24.5%) +7.0% Onyx Chelsea, 261 West 28th Street, #4E 1,214 ft² Mar 04, 2011 ($1,280,000) Feb 24, 2015 ($1,850,000) $570,000 (+44.5%) +9.9% Linden 78, 230 West 78th Street, #16A 3,840 ft² May 26, 2011 ($7,127,750) Feb 09, 2015 ($11,000,000) $3,872,250 (+54.3%) +12.6% 210 West 19th Street, #1J 800 ft² Jul 13, 2011 ($720,000) Feb 10, 2015 ($990,000) $270,000 (+37.5%) +9.5% The Metropolitan, 181 East 90th Street, #7D 1,423 ft² Apr 05, 2011 ($1,660,000) Feb 03, 2015 ($2,345,000) $685,000 (+41.3%) +9.7% Yorkville Tower 2, 1641 Third Avenue, #9K 1,155 ft² May 10, 2011 ($919,500) Feb 20, 2015 ($1,300,000) $380,500 (+41.4%) +9.7% Executive Plaza, 150 West 51st Street, #19-14 461 ft² Apr 15, 2011 ($510,000) Feb 23, 2015 ($775,000) $265,000 (+52.0%) +11.5% Original Sale Year : 2012 Total Transactions : 12 780 West End Avenue, #7C 1,400 ft² Apr 10, 2012 ($1,369,000) Feb 26, 2015 ($1,812,500) $443,500 (+32.4%) +10.4% The Visionaire, 70 Little West Street, #24D 1,409 ft² Jan 18, 2012 ($2,036,500) Feb 19, 2015 ($2,790,000) $753,500 (+37.0%) +10.7% "+Art", 540 West 28th Street, #7B 1,181 ft² Aug 10, 2012 ($979,049) Feb 24, 2015 ($1,910,000) $930,951 (+95.1%) +30.6% The Amherst-Cortlandt, 504 Cathedral Parkway, #1F 623 ft² Dec 19, 2012 ($475,000) Feb 04, 2015 ($565,000) $90,000 (+18.9%) +8.7% Park South Lofts, 45 East 30th Street , #14A 1,303 ft² Feb 17, 2012 ($1,410,000) Feb 26, 2015 ($2,050,000) $640,000 (+45.4%) +13.3% 422 West 20th Street, #3D 785 ft² Dec 17, 2012 ($963,284) Feb 23, 2015 ($1,425,000) $461,716 (+47.9%) +19.8% Superior Ink, 400 West 12th Street, #3H 1,117 ft² May 07, 2012 ($2,925,000) Feb 04, 2015 ($2,500,000) -$425,000 (-14.5%) -5.7% Continental Towers, 301 East 79th Street, #23 E 615 ft² Dec 28, 2012 ($705,000) Feb 20, 2015 ($800,000) $95,000 (+13.5%) +6.3% Original Sale Year : 2013 Total Transactions : 20 The Visionaire, 70 Little West Street, #6B 1,311 ft² Nov 13, 2013 ($1,730,000) Feb 04, 2015 ($2,000,000) $270,000 (+15.6%) +13.2% 610 West 110th Street, #5C 1,477 ft² Nov 12, 2013 ($1,832,850) Feb 03, 2015 ($1,999,999) $167,149 (+9.1%) +7.8% "+Art", 540 West 28th Street, #7G 445 ft² Feb 14, 2013 ($424,866) Feb 12, 2015 ($720,000) $295,134 (+69.5%) +31.7% 530 Park Avenue, #15H 942 ft² Dec 19, 2013 ($2,100,000) Feb 18, 2015 ($2,600,000) $500,000 (+23.8%) +21.8% 515 East 72nd Street, #38A 1,413 ft² Mar 08, 2013 ($2,125,000) Feb 18, 2015 ($2,580,000) $455,000 (+21.4%) +10.7% Fifty Franklin, 50 Franklin Street, #7E 779 ft² Oct 24, 2013 ($995,000) Feb 03, 2015 ($1,170,000) $175,000 (+17.6%) +13.8% Devonshire House, 28 East 10th Street, #1K 826 ft² Jun 13, 2013 ($1,050,000) Feb 25, 2015 ($1,375,000) $325,000 (+31.0%) +17.6% The Broadway, 2250 Broadway, #10D 1,089 ft² Sep 18, 2013 ($630,010) Feb 27, 2015 ($1,781,000) $1,150,990 (+182.7%) +108.2% Original Sale Year : 2014 Total Transactions : 2 555 West 23rd Street,#S3J 670 ft² Mar 31, 2014 ($905,000) Feb 05, 2015 ($945,000) $40,000 (+4.4%) +5.3% The Metropolitan, 181 East 90th Street, #7E 1,104 ft² Jan 31, 2014 ($1,320,000) Feb 03, 2015 ($1,780,000) $460,000 (+34.8%) +34.8%

5 APRIL MONTHLY MARKET REPORT Historical Performance : Featured Resales

The Visionaire, #24D 70 Little West Street $2.8M $3.0M +10.7% ANNUAL GROWTH RATE (3 YRS)*

$2.5M +$753,500 AGGREGATE PRICE CHANGE CLOSING HISTORY: Feb 19, 2015 • $2,790,000 2005 06 07 08 09 10 11 12 13 14 15 Jan 18, 2012 • $2,036,500

Linden 78, #16A 230 West 78th Street $11.0M $12.0M +12.6% ANNUAL GROWTH RATE (4YRS)*

$8.0M +$3,872,250 AGGREGATE PRICE CHANGE CLOSING HISTORY: Feb 09, 2015 • $11,000,000 2005 06 07 08 09 10 11 12 13 14 15 May 26, 2011 • $7,127,750

7 Wooster Street, #PH $6.0M $6.0M +22.4% ANNUAL GROWTH RATE (7 YRS)*

$3.0M +$4,470,067 AGGREGATE PRICE CHANGE CLOSING HISTORY: Feb 04, 2015 • $6,000,000 2005 06 07 08 09 10 11 12 13 14 15 Apr 09, 2008 • $1,529,933

555 West 23rd Street, #PHB $3.8M $4.0M +13.8% ANNUAL GROWTH RATE (9 YRS)*

$2.0M +$2,497,944 AGGREGATE PRICE CHANGE CLOSING HISTORY: Feb 18, 2015 • $3,760,000 2005 06 07 08 09 10 11 12 13 14 15 Aug 30, 2006 • $1,262,056

River Lofts, #10D 92 Laight Street $5.0M $5.0M +7.8% ANNUAL GROWTH RATE (10 YRS)*

$2.5M +$2,556,200 AGGREGATE PRICE CHANGE CLOSING HISTORY: Feb 05, 2015 • $5,000,000 2005 06 07 08 09 10 11 12 13 14 15 Jul 21, 2005 • $2,443,800

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

432 Park Avenue, #PH88 Approx 8,055 ft2 $76.5M 5 Bed, 6+ Bath This full-floor penthouse in the new, ultra-luxury development spans 8,055 square feet and includes five bedrooms, seven bathrooms and two powder rooms.

740 Park Avenue, #4/5D Approx 7,500 ft2 $27.5M 5 Bed, 5.5 Bath This five-bedroom, five-and-a-half bathroom apartment is on the fourth and fifth floors of , the -designed building that is one of the city’s most exclusive co-ops. The unit has 41 windows, three exposures, three wood-burning fireplaces and a private elevator vestibule.

The Strathmore, #7ABS $16.0M 6+ Bed, 6+ Bath This two-unit combination apartment comprises a full floor in a prewar co-op, offering a buyer a chance to merge separate 10-room units on Riverside Drive. Prewar details include 11- foot ceilings, original plaster moldings, parquet floors and a formal dining room with honey-combed ceiling.

Brewster Carriage House, #PHS Approx 2,610 ft2 $9.5M 3 Bed, 3 Bath This three-bedroom, three-bathroom penthouse loft is in a boutique condominium conversion of a landmarked 19th century building. The unit features high ceilings, three Juliet balconies off the living room and custom milled white oak flooring.

42 Remsen Street, #1 $3.65M 3 Bed, 2.5 Bath This three-bedroom duplex unit in a recently renovated brownstone is located half a block from the Brooklyn Heights Promenade. The unit features an open parlor floor and period details that include coffered ceilings, a fireplace with a mahogany mantle and plaster moldings.

7 APRIL MONTHLY MARKET REPORT Snapshot

In a very fashion-friendly transaction, stylist and journalist Joe Zee sold his one-bedroom Chelsea penthouse at 300 West 23rd Street to clothing designer Narciso Rodriguez for $2 million. The co-op boasts oversized windows, a spacious terrace and a solarium-like kitchen.

Jessica Chastain will reportedly be buying a $5.1 million co-op in the landmarked Osborne at 205 West . The home, which was once owned by famed composer and conductor Leonard Bernstein, spans 3,000 ft2 and has four bedrooms.

Sarah Jessica Parker found a buyer for her Greenwich Village townhouse at 20 East 10th Street after placing it on the market nearly three years ago and cutting the asking price to $20 million. Parker and her husband Matthew Broderick bought the townhouse This is my children’s backyard. We had a in 2011 for $19 million and renovated it but never actually lived in it. trampoline up here for 15 years — it’s not as dangerous as it sounds — but the springs gave out. We eat here as often as possible, and I have my Tavern-on-the-Green-style white lights on the trees all year long.”

– Bonnie Comley, a Broadway producer, talks about the 800-square-foot terrace off the Upper East Side penthouse she has lived in with her husband for 18 years.

Academy Award-winning director Kathryn Bigelow -The Times bought a $3 million unit at the boutique building 449 Washington Street in Tribeca. The apartment features white carrara marble, white oak hardwood floors, argon-insulated double-pane windows, artisanal hardware fittings and natural finish cedar terraces.

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.

9