The Real Deal

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Trophy listings at lower prices

22 East 71st Street, listed for $75 million

From the October issue: The ranks of Manhattan's super-high-end listings may have shrunk over the past year, but the city still boasts a number of properties with sales prices north of $30 million. It's no surprise that few of these mega-listings have traded in the last year, with the global financial crisis paralyzing potential buyers. But now, very high-end listings are beginning to generate interest again, albeit at smaller price tags. (Case in point: Madonna's new $32.5 million Upper East Side townhouse, originally listed for $42 million in October of 2008). This month, The Real Deal looked at five of the city's priciest listings -- some new, others market fixtures -- along with other noteworthy properties generating buzz this fall. more