Twenty-seven contracts were signed last week at $4 million and above, 11 fewer than the previous week. Condos outsold co-ops, 20-3, and 4 townhouses were in the mix.
Stat Geek Alert: Most years, 27 weekly contracts would be deemed a decent number. But 2021 has been an extraordinary year, and some might view last week’s total as a disappointment. Well, consider this: Those 27 signed contracts contributed to shattering the record for highest dollar volume. Year-to-date, a total volume of $11,384,322,930 was reached on signed contracts at $4 million and above, surpassing the 2014 record of $11,256,284,299. And there’s still one more quarter to go!
The No. 1 contract was unit 55 at 111 West 57th Street, asking $27 million.
The condo has 4,183 square feet including 3 bedrooms and 3.5 bathrooms, and has spectacular views of Central Park. The 60-unit, 82-story building rises 1,428 feet on the former site of the Steinway & Sons piano store. Amenities include a concierge, a fitness center, 82-foot pool, lounge, terrace, and a private dining room, plus a covered driveway entrance.
The No. 2 contract was the penthouse at 408 Greenwich Street, asking $17.75 million, reduced from $19 million when it was listed in April. The duplex condo has 4,222 square feet including 4 bedrooms and 3.5 bathrooms. It features a 40-foot great room, 36 arched windows, and 10-foot ceilings. Upstairs is a media room surrounded by a 1,500-square foot terrace that is planted with boxwoods and hornbeam trees. The building has a virtual doorman. The owner paid $10,589,800 in May 2008.