The Real Deal

Terrace takeover: UES condo tops Manhattan luxury contracts

March 7, 2022

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The priciest home to enter into contract last week was PHC at 200 East 83rd Street, according to Olshan Realty’s weekly report on homes asking $4 million and above. The unit was last asking $32.5 million, up from the $30 million it asked when the building started marketing last May.

The duplex condo has 6,592 square feet across six bedrooms and six and a half bathrooms. Its four terraces total 1,864 square feet.

The home features a 37-foot great room, which opens onto a terrace facing Central Park, along with a den off the kitchen that opens onto a 55-square-foot terrace. The upstairs bedrooms have terraces off a primary suite and second bedroom.

Architect Robert A.M. Stern designed the new 85-unit, 38-story building. Its amenities include a fitness center, 70-foot swimming pool, yoga and massage rooms, steam bath, movie theater game room, children’s playroom, communal terrace and lounge.

Over 90 percent of the 85 units have sold, averaging $2,900 per square foot.