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Fair Housing Notice

Olshan Realty In the Press
New York Times New York Daily News The Real Deal Business Week New York Observer The Wall Street Journal New York Post The Hollywood Reporter New York Business Journal New York Metro Curbed
January 4-10, 2021
Twenty-seven contracts were signed last week at $4 million and above, a silver lining that started lighting up the Manhattan luxury landscape in early November. What’s even more remarkable is that so many deals have occurred in the midst of a raging global pandemic.

Stat Geek Alert I: Last week registered the largest total of signed contracts at $4 million and above since the first week of March 2020, when 27 contracts were also signed.

Stat Geek Alert II: Over half of the contracts were sponsor sales, as developers rode the wave of discounted prices, low interest rates, and a soaring stock market.

The No. 1 contract was PH18 at 109 East 79th Street, asking $32.5 million. It has 6,448 square feet including 5 bedrooms, 5.5 bathrooms, and 3 terraces off the library, living room, and dining room that total 510 square ...


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