LUXURY MARKET REPORT
November 13-19, 2017
Twenty-nine contracts were signed last week at $4 million and above, one of the strongest weeks of the year. Condos outsold co-ops once again, 17 to 10, but it was the highest number of co-op sales since the last week in March, when 14 co-ops went to contract. There were 2 townhouses in the mix.

The No.1 deal was two adjoining units sold by two different owners to one buyer in the Superior Ink Condominium: 11AB and 11CD at 400 West 12th Street, asking $36.35 million for a total of 7,777 square feet. The price translates to a whopping $4,674/sq.ft. 11AB last sold in 2011 for $15.5 million. The 4-bedroom, 4.5-bathroom unit with 3,661 square feet went on the market in February for $18.5 million. By May it was reduced to $17.85 million. In late September, the neighbor, 11CD, listed at $18.5 million (it last ...

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