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West Side new developments lead Manhattan’s luxury contracts

Condos at Aurora’s 140 Jane St, Naftali’s 211 W 84th St land top deals

<p>From left: A photo illustration of Aurora Capital&#8217;s Jared Epstein and Compass&#8217; Alexa Lambert along with renderings of 211 West 84th Street and 140 Jane Street (Getty, Compass Real Estate, The Henry Residences)</p>

From left: A photo illustration of Aurora Capital’s Jared Epstein and Compass’ Alexa Lambert along with renderings of 211 West 84th Street and 140 Jane Street (Getty, Compass Real Estate, The Henry Residences)

A condo at Aurora Capital Partners’ West Village development stole the top spot in Manhattan’s luxury market last week. 

The sixth floor of 140 Jane Street, asking $40.5 million, was the priciest home in the borough to find a buyer between Oct. 21 and Oct. 27, according to Olshan Realty’s weekly report. In total, 26 properties asking $4 million or more landed signed contracts, up from 19 in the previous period

The apartment, which was purchased by a local buyer, spans 8,000 square feet and has five bedrooms, five bathrooms and a conservatory with sliding glass doors. It also has a living room and dining room with 10-foot ceilings facing the Hudson River. 

Corcoran Sunshine is heading sales at the 11-story, 14-unit building, which includes amenities like a doorman, garage, fitness center and lap pool. The New York Attorney General in June approved the development’s offering plan, which projected a sellout of $401 million.

Last year, Aurora scored $114 million from Apollo Global Management to finance the construction of the project, which sits on what used to be a parking lot. Another unit at the building, asking $23.3 million, snagged a buyer in early September. 

The second most expensive home to enter contract was a penthouse at Naftali Group’s 211 West 84th Street, with an asking price just under $27 million. 

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The apartment, which was sold off of floor plans, spans 6,700 square feet and has six bedrooms and six bathrooms. It also features a library and 750-square-foot terrace.

Compass’s new development marketing arm, led by Alexa Lambert, is heading sales at the Robert A.M. Stern-designed building known as the Henry. Amenities at the 18-story, 45-unit development include a half-court basketball, pickleball court and fitness center. 

Naftali’s Upper West Side conversion landed him in court two years ago, after a tenant in the penthouse unit refused to leave after his lease expired in 2021. That same year, other longtime tenants shared frustrations with The Real Deal that the developer made conflicting offers to renters and had them sign non-disclosure agreements. 

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Of the 26 homes to find buyers, 21 were condos, two were co-ops and three were townhouses.

The homes’ combined asking price was about $270 million, which works out to an average price of $10 million and a median of $8 million. The typical home spent just one day on the market and received a 14 percent discount.

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