LUXURY MARKET REPORT
April 16-22, 2018
Thirty-seven contracts were signed last week at $4 million and above, tied for the largest total of the year (February 12-18) and tied for the largest total since May 2017. Condos outsold co-ops, 27 to 8, and 19 of those condos were sold by developers. There were 2 townhouses in the mix.

The No.1 contract was PHE at 155 West 11th Street, asking $17.75 million. It is the last sponsor apartment to be sold in the Greenwich Lane, a 5-building complex comprised of 193 condos and 5 townhouses (3 houses are still unsold), all developed by the Rudin Organization. Sales opened in December 2013. PHE is a duplex penthouse with 3,486 square feet including 3 bedrooms and 3.5 bathrooms; the top-floor master suite opens onto a 355-square-foot terrace. Amenities include a concierge, doorman, parking, fitness center, a 25-meter swimming pool, golf simulator, garden, residents’ lounge, and children’s playroom. ...

...GET MORE >

Email Olshan Olshan on Twitter Olshan on Facebook