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OLSHAN LUXURY MARKET REPORT
May 19-25, 2025
Fifty-five contracts were signed last week in Manhattan at $4 million and above, 24 more than the previous week. You read that right!!! Condos outsold co-ops, 36-12, with 2 condops and 5 townhouses in the mix.

Stat Geek Alert: The 55 contracts represent the largest total since November 15-21, 2021 when 67 contracts were signed. For perspective, 2021 was the biggest year in luxury residential real estate since this report started in 2006.

The No. 1 contract was 35-37-39 East 63rd Street, asking $34.5 million. It is three, 6-story townhouses put together spanning 61 feet and including 20,036 square feet. The complex contains a 7-unit condominium with a doorman and 2 elevators. The buyer plans to turn the property into a single-family home for personal use.

The No. 2 contract was East 24A at 500 West 18th Street, asking $13.895 million. The condo has ...

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