index sales rentals agents press salesfaq company services marketreport Search Listings
Fair Housing Notice



Olshan Realty In the Press
New York Times New York Daily News The Real Deal Business Week New York Observer The Wall Street Journal New York Post The Hollywood Reporter New York Business Journal New York Metro Curbed
LUXURY MARKET REPORT
November 28-December 4, 2022
Fourteen contracts were signed last week at $4 million and above, 1 fewer than the previous Thanksgiving week. Condos outsold co-ops, 12-1, and 1 townhouse was in the mix. Despite the lackluster performance, there was impressive action at the top: 4 contracts were signed asking over $20 million.

Stat Geek Alert: For well over a decade now, the co-op market has underperformed the condo market, and this alarming stat drives home the point: Only 1 co-op has gone to contract in Manhattan at $4 million and above in the last 2 weeks.

The No. 1 contract was a combination of two apartments sold off of floorplans: 47S and 47N at 50 West 66th Street, asking a total of $45.5 million. The condo has 6,965 square feet including 5 bedrooms and 5.5 bathrooms, an office, home theater, and a 24’ x 23’ eat-in kitchen. It features a ...

...GET MORE >

Email Olshan Olshan on Twitter Olshan on Facebook Privacy Policy