Friday, August 12 2022



For the sixth time this year, the number of luxury homes in Manhattan finding buyers in a single week has surpassed 50, a record for the New York borough, according to Olshan Realty’s weekly market report on Monday.

There were 54 contracts signed for houses asking for $ 4 million in the seven days ending Sunday, a big increase from 33 the week before, despite the growing presence and concern over the Omicron variant.


The total was lower than the cumulative weekly record of 67 deals closed in November.

Collectively, last week’s deals were worth more than $ 431.5 million.


As was the case for most, if not all, of the year, condos were the most popular homes among big buyers in Manhattan, according to the report.

Condos accounted for 36, or 66%, of contracts signed last week, including the two most expensive deals.

The most expensive home to find a buyer was a duplex condo at 378 West End Ave., a new 57-unit development on the Upper West Side. Asking for $ 25.95 million, the apartment spans 7,485 square feet and has six bedrooms, a library, a kitchen with dining area and a nearly 1,000 square foot patio.

Building facilities include a fitness center, 75-foot saltwater swimming pool, regulation squash court, children’s playroom, music room, and pet grooming facility.


The second most expensive house a contract was signed for was a penthouse at 135 East 79th St. asking for $ 20 million. Another duplex, this one spans 5,429 square feet and includes five bedrooms, a living room with patio, a formal dining room, a diner kitchen and a staff room.

The 20-story building itself, on the Upper East Side, offers residents a concierge, doorman, fitness center, patio garden, library lounge, storage, wine racks and a kitchen. restoration.



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