Report on Contracts Signed
NYC Residential Properties
$4 Million and Above

23 Contracts Signed

No single property lit up the night sky in the Manhattan luxury real estate market last week, but 23 contracts signed at $4 million and above was a respectable bang for a July 4th holiday week.

The No. 1 contract was PHC at 443 Greenwich Street, asking $15 million, increased $250,000 from when it started on the market in October. This condo duplex has 3,438 square feet including 3 bedrooms and 3.5 bathrooms, plus a spectacular terrace upstairs. The building is a former factory, built in the 1880s, that was converted into a 53-unit condo and retains some of the original details, like large windows and huge shutters. Amenities include a lap pool, fitness center, garage with valet parking, a landscaped courtyard, and a roof deck.

The No. 2 contract was Apartment 1101 at 344 West 72nd Street, asking $9.8 million. This 4-bedroom, 4.5-bathroom unit has 3,600 square feet, and is in The Chatsworth, a 161-unit rental building being converted to a co-op by HFZ Capital Group that purchased the property for $150 million at the end of December 2012.

Finally, can we talk? The Real Deal reported that the prewar penthouse apartment at 1 East 62nd Street owned by the late comedian Joan Rivers closed last week. The sale has not been publicly recorded, but the last asking price was $28 million for the 5,100-square-foot triplex condo featuring a ballroom with 23-foot ceilings, plus 4 bedrooms, 4.5 bathrooms, and 2 terraces.

NYC Luxury Tracking Scoreboard: Sales $4 Million and Above
June 29-July 5, 2015