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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
June 20-26, 2022
Twenty contracts were signed last week in Manhattan at $4 million and above, 8 more than the previous week. Condos outsold co-ops, 12 to 5, and 3 townhouses were in the mix.

Stat Geek Alert: The bounce back this week is encouraging, as this report has always considered a weekly total of 20+ contracts signed as the benchmark of a stable market. The housing frenzy at the start of 2021 thru early May averaged 30+ contracts per week, but those flush days are likely now over due to a bearish stock market, a rise in interest rates, inflation, and war.

The No. 1 contract was 10B at 1060 Fifth Avenue, asking $20 million; it has been on and off the market since 2016, starting at $65 million and cycling thru 4 brokerage firms. This 13-room co-op has 7 bedrooms and 5 bathrooms. A corner living room with ...


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