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New development condos dominate $550M in Manhattan contracts with two penthouses at The Henry leading the pack

Author CityRealty Staff | 2024.10.29

Between restoration to a full business week and a large number of high-priced contracts signed during this time, the New York real estate market experience a week-over-week bump from October 21-27, 2024. It was a particularly good time for new development penthouses, which accounted for four of Manhattan's ten highest-priced contracts.

 

On the Upper West Side, a total of $54,150,000 across three deals was signed at The Henry. Penthouse A was asking $26,950,000 in the second-highest deal of the week, and was closely trailed by Penthouse D, which was asking $21,500,000. Not only are these penthouse contracts the highest of the week, but they are the most expensive on the Upper West Side in 2024. The signings come about a month after sales launched and shortly after construction on the building topped out.

 

Both penthouses are full-floor units. Penthouse A has six bedrooms, six and a half baths, and a 754-square-foot private terrace accessible from the living room, library, and separate kitchen. Penthouse D has five bedrooms, five and a half baths, and two private terraces -- one off the living room, one off the primary suite.

 

"The Henry is a true love letter to the neighborhood from Robert A.M. Stern Architects, and the penthouses embody the dream of luxurious indoor/outdoor living in New York City" -- Alexa Lambert, Compass Development Marketing Group

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