Real Estate

Manhattan Listings That Have Lingered

The unit comes with 27 home windows, 4 exposures and authentic crown molding, however with lemon-yellow partitions, swagged curtains and darkish wooden vintage tables and chairs, the condo has a throwback look which may not attraction to everybody.

Based on tax data, the condo’s vendor is Judith F. Hernstadt, a former tv government whose husband, William H. Hernstadt, was a former state senator from Nevada, who grew up in Manhattan. The advertising workforce for the itemizing selected as a substitute to focus on a long-ago proprietor, the jeweler Harry Winston, who died within the Seventies. Winston “was known to carry priceless jewels in his pocket” and “therefore appreciated the very highest level of security and privacy offered by this glorious apartment,” in response to the advert from Louise Beit, a Sotheby’s agent representing the itemizing who declined to remark.

But even present movie star cachet is not any assure of a fast sale. Since 2017, Jennifer Lopez, the famous person singer and actress, has not discovered a taker for her penthouse co-op at 21 East 26th Street. Ms. Lopez could also be in an excellent position to attend for a purchaser for the unit, which got here on at about $27 million and has been discounted simply as soon as, in 2019, to $25 million. She paid about $20 million for the condo in 2014. Adam Modlin, Ms. Lopez’s itemizing agent, had no remark.


Some flats don’t discover consumers even after important worth reductions.

A duplex penthouse at 245 Seventh Avenue in fascinating Chelsea, with practically 12-foot ceilings and 1,100 sq. toes of terraces, has awaited a suitor since 2016, regardless of a pointy drop in worth to $6 million from about $11.6 million. The condo’s practically $12,000 in month-to-month bills, for taxes and constructing maintenance, nonetheless, could also be a hindrance. Ronald Lense, the Elliman dealer dealing with the itemizing, had no remark.

A classy deal with additionally has not appeared to assist 481 Washington Street, No. PHBC, a duplex with a terrace on a 3rd stage, with uncovered beams, skylights and Hudson River views in downtown’s Hudson Square enclave.


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