Duplex at Manhattan Boutique Condo Designed by Robert A.M. Stern Architects Hits Market for $21.6 Million

A duplex residence at a boutique luxury residential building designed by Robert A.M. Stern Architects on Manhattan’s Upper East Side is coming onto the market Monday for $21.6 million, Mansion Global has learned.

Spanning the14th and 15th floors of the 20-story jewel box located on Madison Avenue between 88th and 89th streets, the home features high ceilings and views of Central Park and the Jacqueline Kennedy Onassis Reservoir, according to the developer, CBSK Ironstate, a partnership of CB Developers, SK Development and Ironstate. 

The duplex has 6,566 square feet of interior space and a 184-square-foot terrace.

The building is the smallest multifamily residential building in Manhattan to date by Robert A.M. Stern Architects, which is behind supertall towers including 15 Central Park West, 520 Park Avenue, and 220 Central Park South.

“We have designed a building with a personality all its own, but one that grows out of the traditions

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Manhattan Real Estate Fizzles As Prices, Demand Plummets

Manhattan has made adjustments, like all of us, during Covid. Subways are mostly ghost trains. But the streets are bustling and restaurants (the ones that are still open) have welcomed patrons back with limited indoor dining.

Elevator etiquette requires that no more than two parties share a ride, and that’s only if the next party in line says it’s OK. And Broadway is still dark, an ominous symbol of what Covid has wrought on the Big Apple.

But perhaps the ultimate philosophical question posed during the pandemic to New Yorkers is this: Should I stay or should I go? As it turns out, many of those who can have left, or are planning to. At least enough have moved to shake the steel girders of Manhattan’s real estate market. 

Moving From the City to the Suburbs

Demand in New York real estate has shifted from dense urban cores to

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Manhattan apartment sales tumble 46%, leaving 10,000 unsold units

The Manhattan skyline stands beyond a Brooklyn promenade on August 12, 2020 in New York City.

Spencer Platt | Getty Images

Apartment sales in Manhattan plunged by 46% in the third quarter, as homebuyers continued to flow to the suburbs and Florida, according to new real estate reports.

There are now about 10,000 apartments for sale in Manhattan, which would be a record, according to Compass. With so many new listings pouring onto the market and so few buyers, the inventory of unsold apartments continues to rise in a city that already had a glut of high-end apartments before the pandemic. The current supply of luxury apartments for sale would take nearly three years to sell, according to a report from Miller Samuel and Douglas Elliman.

“There is no shortage of apartments for sale, but there is a shortage of buyers,” said Jonathan Miller, CEO of Miller Samuel.

There were

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Toni Morrison’s Manhattan Condo Asks $4.75 Million

The downtown Manhattan apartment that belonged to the late Pulitzer and Nobel Prize-winning author Toni Morrison has hit the market for $4.75 million.

Described in the listing as the “loft of a legend,” the three-bedroom spread in Tribeca was listed for sale on Friday.

Morrison, a celebrated novelist and essayist whose work explored black identity in the U.S., “really made it feel like a cozy home,” listing agent Amanda Brainerd of Brown Harris Stevens told Mansion Global. “It’s very warm and inviting, and a bit of a bookish oasis.”

The 2,319-square-foot apartment is lined with bookshelves that extend from the home’s wooden floors to its ceilings and during her tenure, Morrison opened up the third bedroom into the living room to create a writing room-meets-library.

“The entire apartment was designed for comfort and contemplation,” Ms. Brainerd said, “for curling up with a good book or writing.”

The home also has

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Matt Lauer Lists Manhattan Apartment For $7.35 Million

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I like the american model apartments wiv the open area. The keys and rental contract might be … Read More