Fourteen contracts were signed last week in Manhattan at $4 million and above, 9 fewer than the previous week. Condos outsold co-ops, 8-3, with 1 condop and 2 townhouses in the mix. What accounts for the fall off in sales? Maybe it was the plunging temperatures in New York. Just sayin’.

Stat Geek Alert: In the same week last year, 25 contracts were signed compared to 15 in 2023. The same week in 2021 registered only 14 contracts, but then the year went on to be the biggest in the history of Manhattan luxury real estate.

The No. 1 contract was PH19/20C at 730 Park Avenue, asking $29.95 million, reduced from $35 million when it was listed in October 2022. This duplex co-op has 4 bedrooms and 4.5 bathrooms. Downstairs is a 35’ x 22’ living room with 11-foot ceilings and 3 exposures including Central Park views; a formal dining room opens onto a terrace. Upstairs are 3 bedrooms surrounded by a spectacular wraparound, landscaped terrace. The unit is in very good condition. Amenities include doormen, a fitness center, and storage. The co-op board allows 50% mortgage financing. The seller paid $39 million in October 2012.

The No. 2 contract was 43 at 111 West 57th Street, asking $22.75 million, reduced from $27.75 million when the condo building started marketing off floorplans in 2016. The duplex has 4,492 square feet including 3 bedrooms and 3.5 bathrooms. It features a 50-foot great room with a 14-foot ceiling and Central Park views.

111 West 57th Street is a 60-unit, 82-story building that 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. Thirty-seven units, averaging $4,215/sq.ft., have closed so far.