LUXURY MARKET REPORT
February 4-10, 2019
Sixteen contracts were signed last week at $4 million and above, one more than the previous week, continuing the lackluster trend of the last few months. Condos outsold co-ops, 9 to 5, and 2 townhouses were in the mix. Only 4 condos were sold by developers.

Stat Geek Alert: For the first time since March 2017, the top 2 contracts were in co-ops.

The No.1 contract was 14/15A at 941 Park Avenue, asking $12.5 million, reduced from $13.5 million when it went on the market in August. The duplex has 4 bedrooms and 4.5 bathrooms. Most of the rooms face Park Avenue including a 28’ x 28’ living room, a library, and master suite with a dressing room. The unit also has an eat-in kitchen with wine storage, staff and laundry rooms. The building has a gym.

The No. 2 contract was the ...

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