Monthly Take - October 2025

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OCTOBER 2025 MANHATTAN MONTHLY TAKE

The final quarter of 2025 is here, and Manhattan has thrived despite tariff chaos, inflation, elevated interest rates (which only recently began to decline), and the possibility of a socialist mayor. Sales volume remains stable in most areas, and some sellers are becoming more realistic. In fact, 6,796 resale contracts were signed from January through August this year—3.98% above the historical average. Other areas are seeing record pricing, pointing to a growing ultra-wealthy audience and, in some cases, a lack of supply. Meanwhile, the DOW has reached record levels. The last quarter will have much to do with determining who will be our next mayor. The reality is that whoever takes office will face the daunting task of running the largest city in the country. Lofty promises work well in a primary. Once elected, however, the realities of running a massive city set in quickly. That’s when our next mayor, whoever it may be, will be forced to be practical. New York and its citizens are tough, tough enough to handle anything that comes our way.

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Read on and get our OCTOBER Take: ✦ New Development: 50 West 66th Street ✦ Food News: Michelin-Starred Restaurants Worthwhile Discovering ✦ Celeb Real Estate Buzz ✦ NYC lifestyle: Apple Picking Near NYC Let's talk soon! Stacey and Julie

New Development 50 West 66th Street (btwn Columbus and Central Park West Avenue) ✦ Developer: Extell Development ✦ Designer: SLCE Architects ✦ 70 stories ✦ 124 condominiums ✦ 2 bedrooms to full floors ✦ Prices begin at $3.5M ✦ Closings have commenced ✦ 50,000 square feet of amenity space, including both an indoor and outdoor pool, squash court, full-sized basketball and pickleball court, state-of-the-art fitness center, Sky Lounge for entertaining, and Porte cochere entrance. *Photo credits to the building website

✨Hidden Gems: Lesser-Known Michelin-Starred Restaurants Worth Discovering✨ ✦ Semma: Chef Vijay Kumar turns childhood recipes into bold plates like Paniyaram (rice and lentil dumplings) and Kaikara Kurma (a squash and raw banana dish), reimagining Southern India in every bite. 60 Greenwich Avenue (btwn West 10th and 11th Street) ✦ Essential by Christophe: this UWS modern French gem is known for its ingredient-driven cuisine guided by the philosophy of "only the essentials." Favorite dishes include the madai and the wild turbot. 103 West 77th Street (btwn Amsterdam and Columbus Avenue) ✦ Atera: Led by Chef Ronny Emborg, Atera’s signature expression lies in its 20-course seasonal tasting menu. 77 Worth Street (btwn Church Street and Broadway Avenue)

Celeb Real Estate Rundown

✦ Rudy Giuliani SOLD 10W at 45 East 66th Street for $4.95M: A 3-bed, 3-bath co-op with 10,000+ SF, skyline views, a private terrace, and prewar details. ✦ Actor Ricky Martin LISTS 7A at 170 East End Avenue for $6.45M: A full-floor 4-bedroom, 3,147 SF co-op with floor-to-ceiling windows, a chef's kitchen, and luxury amenities overlooking Carl Schurz Park. ✦ Michiel Huisman LISTS 701 at 874 Broadway Avenue for $3.250MM: A 2-bed, 2-bath corner loft in the McIntyre Building with 12-ft ceilings, oak-framed windows, and custom millwork.

🍎Favorite Apple Picking🍎

Fall isn't complete without a crisp apple plucked straight from the tree. Just a short drive from Manhattan, these orchards offer the perfect escape, some fun, and treats galore! ✦ Harvest Moon Farm & Orchard (North Salem, NY): Apples, pumpkins, donuts, hayrides & live music. Weekends: 9:00a - 3:00p (farm stand open daily) ✦ Dr. Davie’s Farm (Congers, NY): 27 apple varieties, pumpkins, a corn maze, and cider. Holidays and weekends: 10:00 am - 5:00 pm (apple picking daily) ✦ Dave’s Orchard & Distillery (Warwick, NY): Apple picking, live music, and an on-site distillery. Farm open daily: 9:00 am - 4:30 pm Distillery only: Saturday & Sunday 11a-5p and Monday 9a-5p

How is the Luxury Market YTD? Residential Properties In Contract $4MM and above Source: Olshan Report Co-op September 2025: 223 September 2024: 194 Condo September 2025: 689 September 2024: 644 Condop September 2025: 15 September 2024: 14 Townhouse September 2025: 39 September 2024: 108 Total Contracts September 2025: 1048 September 2024: 960 Avg. Price Reduction September 2025: 9% September 2024: 9.97% Avg. Days On Market September 2025: 680 September 2024: 654

Which Kanbar Kopel Team Listing is your Favorite?

Featured Active Listing 400 East 67th Street, Apt. 3CD 4 BD | 4 BA | $3,195,000 | Active 215 West 88th Street, Apt. 3E 3 BD | 3 BA | $2,395,000 | Active

175 East Broadway, Apt. 4C 1 BD | 2 BA | $1,749,500 | Active 315 Riverside Drive, Apt. 11B 2 BD | 2 BA | $1,525,000 | Active

403 East 62nd Street, Apt. 7C 1 BD | 1 BA | $749,000 | Active 304 West 88th Street, Apt. 4B 1 BD | 1 BA | $525,000 | Active

Featured In Contract 235 West 71st Street, Apt. 6A 4 BD | 4 BA | $4,700,000 | In Contract 1 5th Avenue, Apt. 5GH 2 BD | 3 BA | $4,395,000 | In Contract 211 West 84th Street, Apt. 6E 2 BD | 3 BA | $3,675,000 | In Contract 401 East 86th Street, Apt. 5C 2 BD | 2 BA | $1,395,000 | In Contract 56 Pine Street, Apt. 12E 1 BD | 1 BA | $499,000 | In Contract

Featured Transactions

4 East 77th Street 6 BD | 12 BA | $16,000,000 | Sold 200 East 79th Street, Apt. 4B 4 BD | 5 BA | $4,999,999 | Sold 360 East 89th Street, Apt. 31B 3 BD | 4 BA | $4,375,000 | Sold 50 Bridge Park Drive, Apt. 8A 4 BD | 4 BA | $4,250,000 | Sold 33 West 67th Street, Apt. 6FE 3 BD | 2 BA | $2,600,000 | Sold 33 East 70th Street, Apt. 10D/11D 8 BD | 10 BA | $12,000,000 | Sold 860 5th Avenue, Apt. 11H 2 BD | 2 BA | $4,750,000 | Sold 430 East 58th Street, Apt. 28A 3 BD | 4 BA | $4,300,000 | Sold 325 West End Avenue, Apt. 4A 4 BD | 4 BA | $3,712,500 | Sold 315 Riverside Drive, Apt. 11D 3 BD | 3 BA | $2,500,000 | Sold 91 Central Park West, Apt. 12E 2 BD | 2 BA | $2,475,000 | Sold 125 East 84th Street, Apt. 2A 3 BD | 3 BA | $2,395,000 | Sold 200 East 66th Street, Apt. D1203 2 BD | 2 BA | $2,275,000 | Sold 10 Madison Square West, Apt. 7H 1 BD 1 BA | $1,900,000 | Sold 201 East 66th Street, Apt. 10M 2 BD | 2 BA | $1,850,000 | Sold 2025 Broadway, Apt. 7AB 3 BD | 2 BA | $1,400,000 | Sold 515 East 79th Street, Apt. 29B 2 BD 3 BA $1,325,000 | Sold 201 East 17th Street, Apt. 16H 2 BD 2 BA $1,300,000 | Sold

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Office: 646-982-0353 Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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