Manhattan luxury contracts buck late summer slump

Manhattan’s luxury market bucked the seasonal slowdown last week.  Buyers signed contracts for 21 homes in the borough asking $4 million or more between July 27 and Aug. 2, according to Olshan Realty’s report. The total was up from just 18 deals inked in the previous period and, while below some of this year’s earlier highs, well above the nine contracts signed during the same week in 2025. Last week’s pending deals also outpaced the totals nabbed in 2022, 2023 and 2024, though it fell behind the whopping 36 contracts signed in 2021 — a record-breaking year for the borough’s […]

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