LUXURY MARKET REPORT
December 4-10, 2017
Thirty contracts were signed last week at $4 million and above, another healthy number as 2017 winds down. Wait, there’s more! Sales totaled $356.775,000, the highest dollar volume in a year. The biggest contributing factor: a shopping spree at 432 Park Avenue.

The No.1 contract was PH92A at 432 Park Avenue, asking $40,500,000. Rumor has it that the buyer also purchased two adjoining penthouse units: PH93B, asking $40,250,000, and PH92B, asking $40 million. The sponsor’s representative would not comment on the rumor or any other transactions in the building. Each condo has 3 bedrooms and 3 bathrooms; the A-line has 3,952 square feet and the B-line has 3,977 square feet. The units feature 12.5-foot ceilings and windows that measure 10 x10 feet. This new condo is 96 stories high with 106 units, a concrete-and-glass edifice designed by Rafael Vinoly that is 1,396 feet tall and ...

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