The so-called “Covid discount” was as high as 17 percent for the most expensive homes on the market, according to Liebman. For deals hammered out in 2020, some sellers ate losses of up to 50 percent, as happened with a recent condo sale at One57 on Billionaires’ Row...

It should be noted that TRD evenly divided dollar credit for agents who shared listings if they worked at the same firm but gave full credit to brokers if they worked at different brokerages. For example, Compass’ Brian Lewis and Elliman’s Robert Dvorin shared the sale of a $42 million condo at One57 and were each given full credit...

That same month, an unlisted unit at One57 sold for $21.5 million...

Canadian billionaire Lawrence Stroll, for example, sold his 85th-story One57 pad in May for just shy of $54 million â€' a roughly $1.6 million haircut off the $55.6 million he paid in 2014...

Two years after going into contract on a sky-high condo at 432 Park Avenue, Hong Kong casino mogul Lawrence Ho finally closed on the $65.2Two years after going into contract on a sky-high condo at 432 Park Avenue, Hong Kong casino mogul Lawrence Ho finally closed on the $65.2...

In March, billionaire Len Blavatnik broke New York’s priciest co-op record when he forked over $77.5 million for Johnson’s duplex. The next month, hedge fund mogul Bill Ackman and a group of his buddies pooled together an astounding $91.5 million for an investment apartment at One57 in the priciest sale of the year...

For One57, the 75-story luxury condo tower on Billionaires’ Row, fire sprinklers are at the heart of an ongoing dispute with the developer and project’s general contractor...

Barring any deals at the 11th hour, this year’s priciest transaction also falls short of last year’s biggest purchase, when an investor group led by hedge funder Bill Ackman shelled out $91.5 million for a penthouse at One57...

An apartment at One57 sold for an $8.2 million loss earlier this year...

He was also the first major developer to begin building as the economy recovered from the 2008 crash, with his 1,005-foot-tall condo-and-hotel tower, One57...

The data shows renovations at some of the city’s newest luxury towers, like Related Companies' One Madison, Extell Development's One57 and 150 Charles Street, and some of its most iconic â€' Including The Plaza Hotel and the San Remo...

Top from left: Robert A.M. Stern, 11 Madison Avenue, Brian Chesky, One57 and Rubin Schron...

The top 10 residential sales of the year, based on data from StreetEasy and the city’s Department of Finance, collectively totaled $565 million, about a 7 percent drop from last year’s $606 million worth of sales. Extell Development’s One57 continued to dominate with four sales on The Real Deal’s list...

Bistricer said the market is “very deep” thanks to demand from buyers who want to purchase condos for their personal use, not just for investment purposes. Similarly, Barnett, whose $100.5 million penthouse at One57 is the city’s priciest condo sale on record, described “tremendous global demand” for luxury real estate at a panel discussion this spring...

Leading the pack was Extell Development’s One57, which sold product worth a total of $1.1 billion in the one-year period ending June 2015...

From left: Michael Shvo and Stephen Roth When Gary Barnett’s Extell Development began building One57 in 2011, he secured a $700 million construction loan from From left: Michael Shvo and Stephen Roth When Gary Barnett’s Extell Development began building One57 in 2011, he secured a $700 million construction loan from...

Jonathan Miller, president of Miller Samuel, said the slide simply reflects a shift in product mix. There were “lots of closings of high-end sales a year ago, like those at One57,” he said...

Listings go up and listings go down. But done deals don’t lie. This year, The Real Deal’s annual brokerage ranking includes a list of New York’sListings go up and listings go down. But done deals don’t lie. This year, The Real Deal’s annual brokerage ranking includes a list of New York’s...

“That’s what a small brokerage does,” said Fox, who represented the buyer of a $16.5 million condo on Park Avenue last year. She also represented the buyer of unit 7K at Extell Development’s One57, which went for $30 million, she said...

Last year’s top sale â€' the record-breaking $100.5 million penthouse at Extell Development’s One57 â€' was eclipsed on the listings side by a $118 million three-unit combination unit at the Ritz-Carlton in Battery Park City...

(Credit: Noah McDonough) They’ve brokered billions of dollars in deals, broken records, and launched companies. And they’ve all done it all in a cutthroat and (Credit: Noah McDonough) They’ve brokered billions of dollars in deals, broken records, and launched companies. And they’ve all done it all in a cutthroat and...

“We’ve had so many closings this year at One57 and One Madison, and a handful at Walker Tower,” said Gabby Warshawer, CityRealty’s director of research, adding, “There is more appetite for the highest-end” properties...

From left: Kelly Kennedy Mack of Corcoran Sunshine, Nancy Packes of Nancy Packes Inc., Roy Kim of Urban Compass and Shlomi Reuveni of Town From left: Kelly Kennedy Mack of Corcoran Sunshine, Nancy Packes of Nancy Packes Inc., Roy Kim of Urban Compass and Shlomi Reuveni of Town...

From left: the $118.5M penthouse listing at the Ritz Carlton, Israel Englander and his co-op at 740 Park Avenue This year may not be over From left: the $118.5M penthouse listing at the Ritz Carlton, Israel Englander and his co-op at 740 Park Avenue This year may not be over...

It’s $6,000-plus-per-square-foot asking price even comes close to the average price for listings and in-contract sales at three of New York City’s highest-profile buildings: 15 Central Park West, One57 and 432 Park Avenue...