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OLSHAN LUXURY MARKET REPORT
September 11-17, 2023
Ten contracts were signed in Manhattan last week at $4 million and above, 8 fewer than the previous week. Condos outsold co-ops, 7-1, and 2 townhouses were in the mix.

Stat Geek Alert: Last week’s total of 10 contracts was the lowest since the week of September 5-11, 2022, when 10 contracts were also signed. September is often the worst month of the year for luxury sales because of the Labor Day holiday, back-to-school distractions, and the Jewish holidays. As it happens, the third quarter is typically the worst of the year.

The No. 1 contract was a townhouse at 60 East 66th Street, asking $13.75 million, reduced from $18.5 million when it was listed in August 2017. The 6-story, 20-foot-wide limestone house has 9,769 square feet. It has been configured into 10 free-market units with an elevator. Annual real estate taxes are $133,756. The seller ...

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