Scarlett Johansson and Colin Jost bought $27.5m-listed NYC penthouse for $13m
Scarlett Johansson and Colin Jost have purchased a Manhattan penthouse for $13 million, significantly lower than its original 2018 asking price of $27.5 million. The property, located on the Upper East Side, features extensive amenities and historic architectural details.
Why it matters
The sale illustrates the cooling of the luxury real estate market in New York City, where high-end properties have faced prolonged listing times and significant price corrections.
Every New Yorker you meet will tell you how much they dream of owning a home in the city. Ask a real estate agent, though, and they’ll tell you that some Manhattan properties sit on the market for months, even years, before finding a buyer. This Upper East Side co-op took nearly seven years, and a series of price cuts, before Scarlett Johansson and Colin Jost finally snapped it up.First listed for $27.5 millionThis Manhattan penthouse was first listed in 2018. The asking price was $27.5 million, according to Architectural Digest. Craig and Deborah Cogut were the sellers, The Real Deal reported. They bought the apartment for $13 million in 2006. With no luck finding buyers, the asking price was lowered over the years. By the end of 2024, the price had fallen to less than half the original figure.
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