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
October 11-17, 2021
Forty-one contracts were signed last week in Manhattan at $4 million and above, 5 fewer than the previous week. Condos outsold co-ops, 34-4, with 1 condop and 2 townhouses in the mix.

Stat Geek Alert: Could it be that the days of the Covid-19 discount are waning? Consider this: In the last 5 weeks, the average discount on Manhattan properties---from the original asking price to the last asking price----has dropped from 10% to 5%.

The No. 1 contract was PH15+ PH16 at 150 East 78th Street, asking $32,750,000. The deal is comprised of 2 separate penthouse apartments sold to a family, with the sponsor agreeing to combine the units. The combination totals 7,288 square feet including 8 bedrooms and 8.5 bathrooms, plus 2 fireplaces. Two terraces--off the living room on the 15th floor and off the kitchen on the 16th floor--total 1,484 square feet. 150 East ...

...GET MORE >

Email Olshan Olshan on Twitter Olshan on Facebook Privacy Policy