Eleven contracts were signed last week at $4 million and above. I am tempted to say it was a typical post-Christmas week total. But when you consider the annus horribilis in Manhattan residential real estate, last week’s total was an encouraging continuation of the recent uptick in the luxury market.
The No.1 contract was 9A at 155 West 11th Street, asking $17.5 million, reduced from $18.25 million when it was listed in February. The seller
purchased the unit from the sponsor and paid $16,852,123 in September 2016. It has 3,951-square feet including 4 bedrooms and 4.5 bathrooms, and features a 39-foot great room with open city views facing south. The apartment is in the Greenwich Lane, a 5-building complex comprised of 193 condos and 5 townhouses; amenities include a concierge, doorman, parking, fitness center, a 25-meter swimming pool, golf simulator, garden, residents’ lounge, and children’s playroom.
The No. 2 contract was 21C at 145-146 Central Park West, asking $12.5 million, reduced from $17.5 million when it was listed in March 2018.
The seller paid $13.5 million for the co-op in June of 2012. It has 3 bedrooms, 3 bathrooms, and a library. The 20-foot corner living room, library, and master bedroom face Central Park. It is in the tower of the San Remo, a co-op known for its celebrity residents, including Steven Spielberg and Steve Martin.
Happy New Year!