Thirty contracts were signed last week in Manhattan at $4 million and above, 2 fewer than the previous week. Condos clobbered co-ops, 23-4, and 3 townhouses were in the mix.
Sponsor sales comprised 13 out of the 23 condo deals.
The No. 1 contract was West 27A at 500 West 18th Street, asking $17,915,000, raised from $15,500,000 when the condo, then known as the XI, was first offered off of floorplans in 2018; it subsequently landed in a spectacular $1 billion-plus foreclosure. The unit has 3,474 square feet including 4 bedrooms and 4.5 bathrooms. A 34-foot great room, 20-foot master suite, and another bedroom overlook the Hudson River.
By 2021, the XI was rebranded as One Highline under a new sponsor, Witkoff, who took over construction and adjusted prices. Amenities include a fitness center, 75-foot lap pool, spa-treatment 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 rebranded project.
The No. 2 contract was 5B at 30 Crosby Street, asking $10,950,000, reduced from $11,250,000 when it was listed in April 2023. The condo has 12-foot ceilings and 4,164 square feet including 3 bedrooms, a library, screening room, and 3 bathrooms. It is in a 13-unit loft building with a 24-hour doorman and a fulltime superintendent. The seller paid $8,225,000 in 2014.