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LUXURY MARKET REPORT
September 14-20, 2020
Fourteen contracts were signed last week at $4 million and above, the highest total in the last 4 weeks. The volume was $118,800,000, the highest total since the third week in July.

Stat Geek Alert: The 3rd quarter is tracking to total 126 contracts signed at $4 million and above, while the volume is tracking to total $974,047,000. Here’s how those totals compare to the same period in 2019--176 and $1,332,253,000.

The No. 1 contract last week was PH37 at 520 West 28th Street, asking $24.975 million, reduced from $50 million when it was listed in May 2016 by the developer, Related, off of floorplans. Now completed, the triplex has 6,853 square feet including 5 bedrooms, 7 bathrooms, and a roof terrace with over 2,000 square feet. It features a sculptural staircase and an interior elevator.

The building was designed by Pritzker Prize-winning architect ...

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