Twenty-eight contracts were signed last week in Manhattan at $4 million and above, 5 fewer than the previous week. Condos outsold co-ops, 21-4, with 3 Upper East Side townhouses in the mix.

Stat Geek Alert I: The last 4 weeks have been marked by wild stock market volatility and global turmoil seeping into the Easter and Passover holidays. And yet 113 contracts were signed at $4 million and above, up from 101 in 2024 and 107 in 2023. Since we started keeping track in 2006, no April has come close to the weeks of 2022 and 2021, which saw 156 and 195 contracts respectively.

Stat Geek Alert II: One area of weakness has been the trophy market at $10 million and above. In the last 4 weeks, 12 contracts were signed at $10 million and above, the lowest April total since 2017, when 11 were signed. By comparison, 17 contracts were signed in 2024, 22 contracts in 2023, 24 contracts in 2022, and 47 contracts in 2021.

The No. 1 contract was a townhouse at 16 East 64th Street, asking $25 million; it was listed in March 2024. The 20-foot-wide, 6-story house has 8,700 square feet including 5 bedrooms, 7 bathrooms, 2 powder rooms, a gym, and an elevator. It features a sweeping marble staircase, a garden, and two terraces. The seller paid $21.5 million in August of 2005 and then renovated. The house is in very good condition. Annual real estate taxes are $137,643.

The No. 2 contract was unit 409 at 1 Central Park South, asking $18.9 million; it was listed in February. The 3,912-square-foot, Plaza Hotel condo has 4 bedrooms and 3.5 bathrooms. It was formerly the hotel suite of architect Frank Lloyd Wright from 1954 until his death in 1959. The unit features 13-foot ceilings, a 30-foot living room, a 23-foot formal dining room, and 22-foot primary bedroom---all facing Central Park. The seller paid $13 million in December of 2009 and gut renovated 2 years later. The apartment has Venetian plaster walls and was featured in a 2014 issue of Architectural Digest. Residents of the Plaza have a private entrance and access to all hotel services: concierge, doormen, a gym, and garage.