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OLSHAN LUXURY MARKET REPORT
November 11-17, 2024
Thirty-seven contracts were signed last week in Manhattan at $4 million and above, 2 fewer than the previous week. Condos outsold co-ops, 26-9, with 2 townhouses in the mix.

Stat Geek Alert: The weekly volume of $364,685,000 is the largest since December 20-26, 2021, when $368,532,000 was totaled (2021 was the biggest year in the history of luxury real estate).

The No. 1 contract was PH11 at 140 Jane Street, asking $45 million. The condo has 5,653 square feet including 5 bedrooms and 5.5 bathrooms. A 51-foot living room and a dining room have almost 11-foot ceilings that face the Hudson River. A 23-foot master bedroom opens onto a balcony. Stairs in the unit lead to a 1,697-square-foot terrace with a hot tub---all overlooking the Hudson River. This 11-story, 14-unit building was designed by BKSK architects and Leroy Street Studio. Amenities include a doorman, porte-cochere, ...

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