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LUXURY MARKET REPORT
June 7-13, 2021
Thirty-six contracts were signed last week at $4 million and above in Manhattan. Condos outsold co-ops, 28 to 6, with 2 townhouses in the mix.

Stat Geek Alert: Last week marked the 19th straight week of 30 or more contracts signed at $4 million and above, a record streak of deals that started in the first week of February. The previous record was registered in the April-May period of 2015, when the streak hit 6 weeks in a row. As you can see, we have shattered that previous record by a remarkable 13 weeks.

The No. 1 contract was the 86th floor at 157 West 57th Street, asking $39.8 million, reduced from $46 million when it was listed last July. The seller bought the unit for $47,366,990 in January 2015 with title held in an LLC affiliated with Pacific American Corp., a subsidiary of the bankrupt Chinese ...

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