Manhattan’s luxury market cools off after hitting year high
After a banner run of dealmaking, Manhattan’s luxury market hit the brakes last week. Buyers signed contracts for 26 homes in the borough asking $4 million or more between March 9 and March 15, according to Olshan Realty’s weekly report. The total was significantly lower than the previous period, when 43 properties entered contract — the highest number of inked deals in about a year. The most expensive home to find a buyer was a penthouse at Skyline Developers’ 200 East 79th Street, with an asking price of $18 million. The 4,900-square-foot condo, which hit the market in October, last […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Inside the Search: Choosing the Right Deal in Chicago With
Taka Buranda
It’s a Family Affair: Multigenerational Living Rental Can
Help Landlords Boost Income While Offering Tenants
Affordability
PolicyPro: J-51 reboot flops for rent-regulated landlords,
boosts co-ops and condos
Hotel union deal puts cleaners on track for $100K
salaries
Mamdani targets Brooklyn corridors for major housing
push 
Saunders partners with Premier Estate Properties to link
ultralux markets
RealPage rent-fixing settlements pass $200M (and
counting)
Record High Mortgage Debt Sounds Scary. Here’s What the
Headlines Leave Out.
Richard Born dumps Chambers Hotel for $66M
NYC’s top deals: Benchmark scoops up $42M apartment complex
on UWS
