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Fair Housing Notice

Olshan Realty In the Press
New York Times New York Daily News The Real Deal Business Week New York Observer The Wall Street Journal New York Post The Hollywood Reporter New York Business Journal New York Metro Curbed
July 19-25, 2021
Thirty-nine contracts were signed last week at $4 million and above in Manhattan, 6 more than the previous week. Once again, the luxury market’s dazzling performance mirrored a couple of trends: stubbornly-low interest rates and a soaring stock market, which registered new closing highs on July 24 on the Dow, the Nasdaq, and the S&P 500.

The No. 1 contract was PHA at 40 East End Avenue, asking $25,500,900. It is a sponsor unit and one of the top sales in the history of East End. The triplex penthouse has 5,949 square feet including 4 bedrooms, 4.5 bathrooms, and 1,866 square feet of outdoor space with a spectacular rooftop terrace, an outdoor kitchen, and 3 more terraces. The buyers were represented by Stephen Geller of Douglas Elliman. Crista Villella, who was part of the onsite sales team at Corcoran Sunshine, said: “The buyers started looking before Covid and ...


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