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Challenges Ahead for Manhattan’s Red-Hot Condo Market

In March 2025, Peter Zaitzeff, a licensed real estate broker and the director of new development sales at Serhant, sold a spread at Manhattan’s 150 Charles Street for $60 million, the highest price ev

Summary

In March 2025, Peter Zaitzeff, a licensed real estate broker and the director of new development sales at Serhant, sold a spread at Manhattan’s 150 Charles Street for $60 million, the highest price ever for a downtown condominium.

But, while the sale surpassed a milestone that had stood for seven years, Zaitzeff’s mark was eclipsed […]

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