CLOSINGS HAVE COMMENCED

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CityRealty

Over $400M in Manhattan sales include Stephen Ross' former penthouse; U.S. Ambassador's Fifth Avenue co-op nets $10M profit

Author CityRealty Staff | 2026.01.21

Also of note, the first closing was recorded at The Henry, the Naftali Group-developed, Robert A.M. Stern Architects-designed condominium on the Upper West Side. Residence #5B, a south facing three-bedroom, closed for $5.84 million, slightly above ask and the week's eleventh-highest sale overall. The building is nearly two-thirds sold, and current availabilities range from a one-bedroom for $2.48 million to a six-bedroom penthouse with private terrace for $28.75 million. The closing was recorded at a time when 255 East 77th Street, a Naftali-Stern collaboration across Central Park, is nearing 90% sold.

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