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    Home»Real Estate News»West Chelsea, Waldorf Astoria Deals Top Manhattan Luxury

    West Chelsea, Waldorf Astoria Deals Top Manhattan Luxury

    Team_WorldEstateUSABy Team_WorldEstateUSAOctober 19, 2026No Comments3 Mins Read
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    A West Chelsea apartment and a unit on the Waldorf Astoria Residences snagged the priciest offers inked in Manhattan final week.

    Consumers signed contracts for 28 houses within the borough asking $4 million or extra between Oct. 12 and Oct. 18, based on Olshan Realty. The whole, up from 25 pending offers within the previous period, marked one other robust week for Manhattan’s luxurious market following a gradual September. 

    Unit 17A at 551 West 21st Street nabbed the report’s No. 1 spot, with an asking value of $17 million. The 4,300-square-foot condominium, which final traded for $13 million in 2021, hit the market in September. 

    The house has 4 bedrooms and 4 bogs. It additionally options non-public elevator entry, a 38-foot nice room, 11-foot ceilings and floor-to-ceiling home windows with views of the Hudson River and Statue of Liberty. 

    Compass’ Scott Hustis, Mark Jovanovic, David Son, Nora McGuire and Stojan Trendov had the itemizing. 

    The 44-unit constructing landed in headlines earlier this 12 months, when former Howard Hughes CEO David Weinreb rented his penthouse for $177,500 a month. Earlier than inking the lease, Weinreb, the founding father of actual property funding agency Weinreb Ventures, sought to dump the condominium for $75 million — a value considerably greater than the $38 million he paid for the then-unfinished apartment in 2017. 

    Facilities within the constructing, developed by Scott Resnick and accomplished round 2015, embrace a full-time doorman, health middle, sauna, steam room and residents’ lounge. 

    The second costliest property to land a signed contract was a unit at the Waldorf Astoria Residences at 301 Park Avenue, with an asking value of $16.5 million. Unit 2329 has three bedrooms and three full bogs unfold throughout 3,900 sq. toes. It additionally incorporates a 660-square-foot terrace.

    The apartment is certainly one of 372 items on prime of the historic Waldorf Astoria Hotel, which reopened final summer season following years-long delays within the renovation course of. Closings additionally started in the beginning of final 12 months, with 80 offers within the books to date, which bought for a mean of $3,300 per sq. foot.

    Facilities within the constructing embrace a health middle, indoor pool and personal eating room. Apartment homeowners even have entry to valet parking and 24-hour room service by way of the lodge.

    A staff with Douglas Elliman Improvement Advertising, led by Jade Chan, JP Forbes and Kai Wong, heads gross sales on the undertaking. 

    Of the 28 houses to search out consumers, 17 had been condos, seven had been co-ops and 4 had been townhouses. 

    The properties had been priced at a mixed $215 million, with a mean of $7.7 million and a median of $6.3 million. The standard dwelling spent roughly a 12 months available on the market and was discounted by 2 %.

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