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
New York City halts office-to-resi conversion at 222
Broadway
DOJ launches criminal investigation into camps owner Simad
Holdings, David and Michael Shabsels
Deal Diary: 9 Years, 39 Doors, and $20K a Month in Cash
Flow—Here’s How Jefferson Simmons Built His Portfolio
One Rental Property Saved Me From My 100-Hour
Workweeks
The “Repeatable” Strategy That Helped Him Buy 6 Rentals in 6
Months (Working 9-5)
Cash Flow vs. Appreciation: What Should Beginners Focus on?
(Rookie Reply)
6 Reasons Why Buyers Walk Away After Touring a Home
Location vs Property Size: What Matters More When Buying a
Home?
Low-Maintenance Living: Top Features That Make a Home Easier
to Maintain
Rybak bucks 485x slump with 500-unit Coney Island
development
