October 7-13, 2019
Only 11 contracts were signed last week in Manhattan at $4 million and above, a typically slow week due to the Jewish High Holy Day of Yom Kippur. In a highly unusual event, co-ops outsold condos, 6-5.

Stat Geek Alert: Co-ops haven’t outsold condos in the Manhattan luxury market since the week of June 17-23, 2013. You read that right! Back then, the score was 13 co-ops to 12 condos.

The No. 1 contract was North 14A at 160 Leroy Street, asking $15.75 million, increased from $14.25 million when it was listed in 2016; at that time, it was marketed off of floorplans. The building, now completed, this 3,562-square foot unit has 5-bedrooms, 4.5 bathrooms, 12.5-foot high ceilings, and a 41-foot great room with a fireplace and views of the Hudson River. The 49-unit condo was designed as a spectacular undulating glass structure by the Pritzker Prize-winning ...


Email Olshan Olshan on Twitter Olshan on Facebook Privacy Policy