30 days of real estate in 90 seconds

What’s Behind Many

Off-Market Success Stories?

Everything About the Condo Is Right-On!

(Part two of a two part series)

If you’re not totally familiar with the concept of off-market real estate sales, I’m happy to offer an overview. While most condo developments are marketed through traditional avenues – with elegant brochures, tempting online sites, and through multiple listing channels – off-market properties defy marketing tradition.

They’re special. They’re hot. There’s a “buzz” of excitement surrounding them long before they’re completed. And they can sell quickly and quietly, without the usual bells and whistles. With a foundation of so many winning attributes, the latest round of downtown “trophy” condos are all notable for their off-market sales success.

What distinguishes a winning property?

Location, location, location…for sure! Meticulous architectural details. Spacious floor plans. Curated amenities that go beyond the standard menu. A feeling of privileged privacy. All wrapped in that undefinable aura of uniqueness. The following downtown condo developments have all enjoyed enthusiastic off-market sales success.

815 Broadway

Officially named La Maison Collette, this Parisian-inspired boutique condominium enjoys a desirable Village location, a brief stroll away from the vibrancy of Washington Square Park and Union Square. Featuring 23 artfully curated residences and prestige amenities throughout.

64 University Place

An elegant reflection of all that Greenwich Village represents, 64 University Place with its 28 condominiums is a notable new address in one of the most coveted neighborhoods– a sanctuary of refinement with its red brick façade, tiered gardens and custom residences.

220 East 9th Street

Downtown luxury arrives east of Third Avenue – making these 18 exclusive

homes the new standard of East Village bespoke living. Behind a classic red-brick façade, residences are notable for their industrial-style windows and select private terraces.

140 Jane Street

Nestled on a cobblestone Street with private balconies and river views, 140 Jane Street is a luxurious new development that honors its historic setting-enriched with coveted amenities like a lap pool and a private porte-cochere entry.

80 Clarkson

Rising dramatically on the largest remaining Hudson River waterfront property, the twin towers of 80 Clarkson are the new benchmark of off-market success. Iconic architecture, breathtaking views, world-class amenities and exceptional privacy offer an elevated lifestyle experience – surrounded by priceless West Village charm.

As I shared in my last newsletter, the allure of Downtown is stronger than ever. The new developments featured here are surely just the beginning of noteworthy new developments – and many more off-market success stories!

Compass CEO Robert Reffkin Interviews Justin Rubinstein

My Newest Listings

New Development of the month

20 West 15th Street

The Ava

Focus on Design

On the threshold of a new age: inside the New Museum’s $82m expansion and landmark new exhibition in New York

After a two year closure, the museum doubles its gallery space with a 700-plus object show examining how humans and technology shape each other.

Right now on the Bowery, a busy Manhattan thoroughfare, two supersized lovers embrace several stories up into the blue spring sky. Strapped against the New Museum’s industrial mesh exterior, the pair are frozen in a state of plasticized affection. Their grinning, almost smooching heads are pressed close and glossy torsos entwined. A massive hand, safe as a catcher’s mitt, encases them both, splaying wide across their waists as though to stop them crashing to the sidewalk.

Recently Closed Deals

305 East 51st Street, 8/9B

Sun-Filled 4 BR Corner Duplex with a Rare 1,710 SF Terrace

Status - Closed

305 East 85th Street, 5B

Full-Service Boutique 2 BR Condo

Status - Closed

160 East 81st Street

Meticulously Designed Double-Wide Townhouse on the Upper East Side

Status - In Contract

25 Central Park West, 14R

Spacious and Refined 2 BR Condo with Park Views

Status - In Contract

52 East 78th Street, PH10E

Extraordinary Skybridge Residence Redefining Luxury Living

Status - In Contract

260 Park Avenue South, 7F

Luxury 1 BR Plus Home Office

Status - Rented

This mOnth's Mortgage Snapshot

*The rates below are based on a $3,000,000 Condominium Purchase with a 20% down payment

10-year arm interest only or interest and principle: 5.875%

30-year fixed rate: 6.375% 

Data provided by Aaron Ritter of Citizens Bank

Q4 2025

Market Report

Manhattan Recorded Sales:

Justin Rubinstein

Lic. Assoc. R.E. Broker

M: 646.320.7745

j.rubinstein@compass.com

Justin Rubinstein is a 22-year veteran of the real estate marketplace, who quickly gained attention from industry veterans and clients alike as a motivated and knowledgeable professional whose focus is on providing the best customer service possible while negotiating and protecting his clients with dogged tenacity. This tenacity and hard work ethic has proven fruitful as he has successfully negotiated over $1B in real estate transactions to date. Justin has enjoyed representing buyers and sellers of trophy properties such as the Time Warner Center, 56 Leonard, The Apthorp, One Madison, landmarked West Village townhouses, and new development penthouses. In each instance, his clients come away from the experience with a strong appreciation for his dedication and expertise - for more on this, please see his testimonials page.

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