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Twenty-nine contracts were signed last week in Manhattan at $4 million and above, 12 more than the previous week. Condos crushed co-ops, 21-4, with 4 townhouses in the mix. Stat Geek Alert I: Last week’s total is the highest number of contracts signed for the post-Labor Day week since we launched this report in 2006. State Geek Alert II: Sixteen of the 29 contracts were sold by developers, the largest number of sponsor contracts since the week of May 8, 2023.
The No. 1 contract was a townhouse at 45 East 74th Street asking $23,800,000, reduced from $24,800,000 when it was listed in January 2023. It went to contract in April 2023 but never closed; it was then relisted in August 2023. This five-story limestone house has 9,000 square feet including 6 bedrooms, 6.5 bathrooms, and an elevator. It has a garden, 4 terraces ... ...GET MORE > |
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