LUXURY MARKET REPORT
November 25-December 1, 2019
Eleven contracts were signed last week at $4 million and above. You might think that was a turkey of a Thanksgiving week, but you’d be wrong: That total of 11 signed contracts was only one less than last year and one more than 2015, which was a stellar year in the luxury market.

The No.1 contract was 62A at 432 Park Avenue, asking $26.995 million, reduced from $28 million when it was listed in May. The condo has 4,019 square feet including 3 bedrooms, 4.5 bathrooms, and a library. It has 12.5’ ceilings and windows that measure 10’ x 10’, affording south, east, and north views of Central Park. Monthly common charges and real estate taxes total $15,819. The owner paid $18,442,956 in June 2016 after signing a contract off of floorplans in 2012. 432 Park is 96 stories high with 106 units, a concrete-and-glass ...

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