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LUXURY MARKET REPORT
November 22-28, 2021
Thirty-seven contracts were signed last week at $4 million and above in Manhattan. That number is 30 contracts below the previous week’s record-breaking total of 67. But consider this: The Thanksgiving holiday split last week in half. Bottom line, it ended up being the strongest Thanksgiving holiday week since we launched this report in 2006. Condos outsold co-ops, 33 to 3, and 1 townhouse was in the mix.

Stat Geek Alert: The 10-year Thanksgiving week average is 12 signed contracts.

The No. 1 contract was TH11 at 17 Jane Street, asking $31.9 million. The buyer also purchased a unit one floor above, a 3-bedroom condo with 2,375 square feet that was asking $9.655 million. TH11 is a duplex with a cellar that has 6,378 square feet including 5 bedrooms, 4 bathrooms, and 2 powder rooms. A ground-floor entertaining space opens onto a 1,773-square-foot garden. The building ...

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