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
September 13-19, 2021
Thirty-eight contracts were signed last week at $4 million and above, marking a return to the 30+ benchmark for the first time in 5 weeks. What makes this stat even more compelling was that it reached that level in the week of Yom Kippur, the holiest of Jewish holidays. Condos outsold co-ops, 31 to 3, and 4 townhouses were in the mix.

Stat Geek Alert: Last week was the 27th week that the Manhattan luxury market registered 30 or more contracts signed at $4 million and above. Year-to-date volume reached $11,162,979,930, coming close to the 2014 record volume of $11,256,284,299 for the entire year.

The No. 1 contract was PH74 at 53 West 53rd Street, asking $35.46 million, reduced from $38.9 million when it was listed in July 2015 and marketed off of floorplans. Now finished, the condo occupies the entire 74th floor, with 4,928 square ...

...GET MORE >

Email Olshan Olshan on Twitter Olshan on Facebook Privacy Policy