Twenty-seven contracts were signed last week in Manhattan at $4 million and above, 5 fewer than the previous week. Condos outsold co-ops, 16-5, and 6 townhouses were in the mix.

Stat Geek Alert: Eleven trophy properties—those with asking prices of $10 million and above-- contributed to the volume reaching $284,790,000, its highest total in 12 months. It was also the largest number of trophy properties to go to contract since December 20-26, 2021, when 13 were sold.

The No. 1 contract was WPH34A at 500 West 18th Street, asking $28 million, reduced from $34 million when it started marketing last summer. The unit has 5,741 square feet including 5 bedrooms and 5.5 bathrooms, and features a 48’ x 27’ great room that opens onto a 293-square-foot loggia. It is in a condo called One Highline, formerly known as the XI, a project with 2 buildings (a condo and a hotel) that landed in a $1 billion-plus foreclosure in 2021. Amenities include a fitness center, 75-foot lap pool, spa treatments rooms, a golf simulator, children''s playroom, private dining, a games lounge, and a garage. Services are offered from the adjacent Faena Hotel, which is part of the re-branded project.

The No. 2 contract was a townhouse at 45 East 74th Street, asking $26.5 million, raised from $24.8 million when it was listed in January. This five-story limestone house has 9,000 square feet including 6 bedrooms, 6.5 bathrooms, and an elevator. It has a garden, 4 terraces and a rooftop terrace; it also has a fitness room and swimming pool in the basement. The seller is Zhang Xin, the Chinese billionaire property developer who bought the house for $26 million in 2013 after it was renovated. The purchaser is an international buyer who is moving the family’s primary residence to New York. Annual real estate taxes are $186,044.