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OLSHAN LUXURY MARKET REPORT
June 10-16, 2024
Thirty-one contracts were signed last week in Manhattan at $4 million and above, 7 more than the previous week. Condos outsold co-ops, 18-5, with 2 condops and 6 townhouses in the mix.

Stat Geek Alert: Last week’s total of 31 contracts matches the total in the same week of 2023.

The No. 1 contract was the 8th floor at 760 Madison Avenue, asking $23,500,000. The new condo in the Giorgio Armani Residences has 4,530 square feet including 5 bedrooms and 5.5 baths. The 31-foot living room, dining room, eat-in kitchen, and 2 bedrooms overlook Madison Avenue. This is the third time this year that a unit in 760 Madison Avenue has taken the top spot. The 10-unit, 12-story condo was designed by CookFox and has only the penthouse left ($32,500,000 for 4,216 sq.ft). Amenities include a doorman, fitness center, and residents’ lounge. The ground-floor retail space ...

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