For New York City, 2022 was a year of rising crime, pervasive homelessness and constant comments that it was past its prime.
But one area that remained unsullied was the housing market.
Average rents rose to $5,249 in Manhattan, a 19 percent increase from 2021, when many had yet to be brought back to their offices from the COVID-era of working from home. As rents skyrocketed, the ultra-exclusive world of multi-million dollar homes dazzled.
Among those sitting in the front row is Ryan Serhant, owner of Serhant Group and one of the stars of Million Dollar Listing, the popular reality TV show that takes viewers to some of New York City’s trendiest neighborhoods.
In an exclusive year in review with , Serhant takes us through the highlights of a record year of sales.
“Overall sales volume has slowed this year due to the Covid crisis in 2020 and 2021 but the luxury market has remained strong. Buyers are seeing stock volatility, crypto crashing, inflation rising and real estate as a safe haven.
‘International buyers are doing the same, but looking at US real estate.’
A $25 million penthouse with a whirlpool terrace overlooking the Empire State Building
Lounge with a View: The penthouse at 277 Fifth Avenue features an expansive deck overlooking the Empire State Building
Enjoy the Chrysler Building from the bubbly comfort of a private Jacuzzi on the patio
Apartments still for sale include the penthouses at 277 Fifth Ave, an upscale luxury building in the trendy Nomad neighborhood.
Penthouse 54 steals the show with a patio wide enough for a hot tub that looks directly at the Empire State Building.
The four bedroom property is one of two penthouses in the building.
World’s Tallest Penthouse: A $250 million, three-story glass palace 416 feet above New York
A ballroom at 1,400 feet: The penthouse in the CPT – Central Park Tower – has a party room on the top floor. The triplex is being sold for $250 million
Staircase to Heaven: The winding spiral staircase in the Penthouse Triplex in the Central Park Tower is enough to make anyone queasy. The only thing more dizzying? The price of 250 million dollars
The Penthouse in Central Park Tower is a record-breaking property: At 1,416 feet above New York City, it’s the tallest penthouse suite in the world. It also claims the title for the tallest terrace.
Complete with seven bedrooms, a swimming pool and even a private ballroom, this palatial penthouse has yet to be claimed.
The listing broke records in September when it made headlines nationwide.
Serhant is confident a buyer from the “nine figure club” will strike.
A trendy $22 million Tribeca loft
7,000 ft sq of cool: This one-story loft at Tribeca’s famed 25 North Moore sold for a whopping $22 million in July after a two-year renovation
The property has four bedrooms, several living rooms, a study and a terrace. It was on the market less than two months
Known for celebrities and hedge funds, Tribeca is a neighborhood that rarely slows down.
Among Serhant’s more modest sales was a $22 million loft that occupies an entire floor of North Moore, a trendy downtown building with well-heeled residents.
The four-bedroom apartment underwent a two-year core refurbishment before it was put on the market.
It was bought in July, less than two months after going public.
A $12.7 million Japanese-design indoor-outdoor oasis atop one of downtown NYC’s most iconic buildings
“A landmark on a landmark” is how Serhant markets the $12 million condominium atop Tribeca’s Cast Iron Building. Who could argue?
Retractable window walls allow for seamless indoor/outdoor living in the heart of NYC
Dive in: One of the three magnificent bathrooms in the house
The Cast Iron House was redesigned in 2019 by architect Shigeru Ban. La piece de resistance is the $12.75 million penthouse, which features retractable walls and windows to allow for indoor and outdoor rooftop living.
The apartment is so stunning that upon its unveiling it was awarded the Pritzker Prize for Architecture.
Heated oak floors, four bedrooms, three bathrooms, and a huge 1,500-foot wraparound deck are among the highlights.
While the price is low, residents also get access to the building’s luxurious amenities, including a gym and full spa sauna.
A rooftop pool pad on the Upper West Side
The stunning rooftop pool at The Westly, on the Upper West Side. A penthouse in the building recently sold for $13.5 million
As 2023 begins, Serhant has nearly $3 billion in total inventory to sell across three stunning buildings.
One of them is The Westly on West 91st Street.
The main feature of the building is a large rooftop pool with expansive views of New Jersey.
There are still several properties for sale. A penthouse in the building previously sold for $13 million.
A record-breaking $58 million townhouse bought on FaceTime
Love at first sight FaceTime: 36 East 68th Street, a 12-story townhouse, was sold over a FaceTime call with a mysterious South African buyer. They’ve seen more than we have, of course – but withhold pictures of the interior to protect their privacy. That’s what you get with $57 million!
NYC real estate guru and broker Ryan Serhant
In October, Serhant sold the historic townhouse on 36th East 68th Street for a record-breaking $57 million – the highest price per square foot on record in New York City.
The buyer, who remains anonymous, viewed the item on FaceTime and made an offer.
If the $57 million asking price wasn’t high enough, the 12-story home also carries nearly $20,000 in taxes a month.
There is a swimming pool, sauna, jacuzzi, roof terrace – and a basement spa with an “emotional shower”.
What more could a billionaire ask for?
(Serhant’s team didn’t share photos of the interior to respect the new owner’s privacy.)