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OLSHAN LUXURY MARKET REPORT
February 19-25, 2024
Twenty-nine contracts were signed last week in Manhattan at $4 million and above, 3 more than the previous week. Condos edged out co-ops, 14-10, with 1 condop and 4 townhouses in the mix.

Stat Geek Alert: The last time the market recorded 29 signed contracts was the last week of June 2023, almost 8 months ago.

The No. 1 contract was PHW at 135 East 79th Street, asking $19,995,000, reduced from $22,500,000 when it was listed at the end of November. This duplex condo penthouse has 5,086 square feet including 5 bedrooms, 5.5 bathrooms, and 2 terraces totaling 773 square feet. A living room with a fireplace and formal dining room open onto one terrace and the other terrace is off the kitchen, den, and the 5th bedroom. Amenities include a doorman, concierge, fitness and yoga rooms, bike room, a lounge with a catering kitchen, plus ...

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