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NYC Residential News
  1. The landmarked townhouse on the Upper East Side, which sold for $25 million in a bankruptcy sale, is now being considered for conversion back into a single-family residence. Any renovation must comply with landmark preservation rules while adapting the historic structure for modern residential use.
  2. Carolyne Roehm, author and former Oscar de la Renta muse, has re-listed her opulent three-bedroom duplex at 322 E. 57th St. in Manhattan’s Sutton Place for $5.49 million after previously trying to sell it at a higher price.
  3. The CEO of luxury fashion group Capri Holdings, owner of Michael Kors and recent seller of Versace to Prada for $1.5 billion, has purchased an 8,700-square-foot Upper East Side townhouse for $21 million in an all-cash transaction.
NYC Commercial News
  1. Seaport Entertainment Group has tapped financial whiz Matt Partridge as its new President and CEO, ushering in a fresh era at the iconic South Street Seaport. With a powerhouse leadership shuffle the company is signaling bold moves ahead for one of New York’s most storied waterfront destinations.
  2. JPMorgan is putting its 23-story office building at 125 West 55th Street (Avenue of the Americas Plaza) up for sale for $270 million, about half of what it was asking in early 2020.
Something Random 
      1. Amelia Earhart’s rise to fame was closely tied to New York City real estate,               with six surviving buildings that shaped her career and personal life. These                 sites marked her transformation into “Lady Lindy,” her marriage to George                 Putnam, and her final appearances before her fatal round-the-world flight.
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The Line by Greg Heym
     1. Greg discusses how consumer prices rose 0.4% month-over-                             month and were up 2.9% year-over-year, with housing, energy, and                   food all contributing. Meanwhile, employment growth was overstated                 by about 911,000 jobs between March 2024-March 2025 after                             benchmark revisions, suggesting the labor market has weakened                       sooner than originally believed. (click here to read more)
Recent Reports
  1. There were 112 contracts signed for resale apartments (a 16% decrease from last week) and 20 contracts signed for new developments (a 5% decrease from last week). Apartments priced between $1 million and $2 million posted the largest decrease in activity, with 31% fewer contracts reported than the week before.  The West Side experienced a 38% weekly decline in contracts, the most of any market area. (click here to read the report)
  2. Last Week in Research: (click here to read the full report)

Fast Stats
      1. The S&P 500 and Nasdaq were up last week, while the Dow was slightly                    lower.
      2. Mortgage rates fell to their lowest level since October 2024.
      3. Norway’s $2 trillion sovereign wealth fund has announced a $542.6 million                  investment in prime Manhattan real estate.
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Exclusives For Sale
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Exclusive Sale
25 Columbus Circle, 7273B
$17,999,999  |  4 Bedroom  |  5.5 Bath
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Just Listed
1355 1st Avenue, 26th Floor
$8,000,000 |  4 Bedroom  |  4 Bath
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Exclusive Sale
211 Elizabeth Street, 5N
$4,995,000 |  2 Bedroom  |  2 Bath
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Exclusive Sale
330 East 49th Street, 12E
$2,798,000  |  4 Bedroom  |  3.5 Bath
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Exclusive Sale 
485 Park Avenue, 1B
$2,000,000  |  3 Bedroom  |  3.5 Bath
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Exclusive Sale
40 East 80th Street, 3A
$849,000  |  3 Bedroom  |  3 Bath
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In Contract
300 East 54th Street, 22H
$1,049,000  |  1 Bedroom  |  1.5 Bath
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In Contract
118 East 60th Street, 32A
$535,000  |  1 Bedroom  |  1 Bath
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Exclusives For Rent
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Back on the Market
117 East 57th Street, 50A
$18,000/month  |  3 Bedroom  |  2 Bath
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Application Pending
117 East 57th Street, 50B
$18,000/month  |  2 Bedroom  |  2.5 Bath
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Application Pending
301 East 45th Street, 12C
$3,800/month  |  1 Bedroom  |  Bath
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Arcus Team
The Arcus Team at Brown Harris Stevens
O. 212-712-1180
arcusteam@bhsusa.com
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