Press

The top 50 best-selling buildings in New York City so far this year are, not surprisingly, dominated by new development condos. These buildings tend to have more inventory and generally command higher prices than resales, as they’re designed around what today’s buyers want: state-of-the-art finishes, comprehensive amenities, and well-considered sellable layouts.

Manhattan’s new development pipeline has slowed since the pandemic, and many of the top sellers have been on the market for several years now. Recent additions to the list include The Katharine in Greenwich Village, which quickly sold all but one of its eight residences, as well as 720 West End Avenue and 255 East 77th Street. A more unusual entry was Armorie in the Flatiron District, where all 20 units were sold in one transaction to an undisclosed developer who plans to resell them at a later date.

Nearly every building on the list is a condo. The lone co-op to break into the top 50 was 730 Park Avenue, which notched three sales averaging over $18 million each. Two condops also made the cut: 450 Washington Street on the Tribeca waterfront and The Willow, a red brick building to the east

of Gramercy Park.

The rankings below reflect all reported signed contracts between January 1 and July 20 of this year. Unlike closed sales, which are tracked by the NYC Department of Finance, signed contracts are reported by brokerages. That means pricing and timing may be a little imprecise. Some projects, such

as The Greenwich by Rafael Vinoly in the Financial District and One Domino Square in Williamsburg, do not report some or any contract activity. According to the One Domino Square team, however, the project recently surpassed 75 contracts and $200 million in signed volume. The condo component

has 160 one- to three-bedroom units, including penthouses with private terraces, one of which shattered Williamsburg's apartment record earlier this year.

Another standout that is likely this year's best-seller, is Zeckendorf Development’s 80 Clarkson Street, which is projecting more than $2 billion in total sales across just 113 residences. Its two towers recently topped out. Prices average around $5,000 per square foot, with current availabilities ranging

from a $4.9 million two-bedroom to a full-floor, seven-bedroom penthouse with wraparound views. The building isn’t expected to be completed until 2027, but supposedly, many of its marquee residences are already spoken for.