Eighteen contracts were signed at $4 million and above in Manhattan last week, 8 fewer than the previous week. Condos outsold co-ops, 14-2, and 2 townhouses were in the mix.

Stat Geek Alert: Last week’s 31% decline in total signed contracts was the first time the luxury market fell below 20 since the first week in January, when 17 deals were inked. Cause for concern? April is typically one of the strongest months of the year. For example, in the same week last year 26 contracts were signed, 41 contracts in 2022, and 47 contracts in 2021.

The No. 1 contract was PH3BC at 1965 Broadway, asking $15,995,000; it has been on and off the market since May 2022, starting as high as $19,995,000. The triplex penthouse condo has 6,867 square feet including 6 bedrooms, 6.5 bathrooms, and 2 terraces that total over 2,000 square feet. One of the terraces is outfitted with a kitchen. The unit features a 49-foot great room with city and Hudson River views. The building has a concierge/doormen. The seller paid $18,625,000 in December 2017.

The No. 2 contract was 11D at 10 Madison Square West, asking $12,500,00; it sold immediately after listing 2 weeks ago. The corner condo has 3,309 square feet including 4 bedrooms and 4.5 bathrooms, and features nearly 11-foot ceilings. A 37’ x 23’ great room, open kitchen, and master bedroom overlook Madison Square Park. Amenities include a concierge, doormen, a fitness center, 60-foot lap pool, hot tub, yoga and Pilates studios, a children’s playroom, a garden courtyard, and bike storage. The seller purchased the unit for $11,964,488 from the sponsor in 2016.