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OLSHAN LUXURY MARKET REPORT
May 12-18, 2025
Thirty-one contracts were signed last week in Manhattan at $4 million and above, 5 fewer than the previous week. Condos outsold co-ops, 15-12, and 4 townhouses were in the mix.

Stat Geek Alert I: For the first time since the first week of June 2021, the top 2 sales were co-ops. In addition, the total of 12 co-op sales is the largest since November 4-10, 2024, when 14 contracts were inked.

Stat Geek Alert II: In the last 2 weeks, the Upper East Side has outsold every other neighborhood of Manhattan including the ever-popular Downtown.

The No. 1 contract was the 10th floor of 1125 Fifth Avenue, asking $20 million; it was listed in September. The full-floor unit has 4 bedrooms, 4.5 bathrooms, and a library. It features a 47-foot-long great room overlooking Central Park and an eat-in kitchen. It is in excellent ...

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