LUXURY MARKET REPORT
August 6-12, 2018
Twelve contracts were signed last week at $4 million and above, the lowest total since the first two weeks in January, when 12 contracts were signed in each of those weeks.

Stat Geek Alert: For the first time since September 2016, not a single co-op went to contract.

The No. 1 contract was a townhouse at 4 Sutton Square, asking $12.995 million, reduced from $19.5 million when it went on the market in October of 2016. The house is one of 6 houses that comprise what is called Sutton Square, which is at the end of East 58th Street, and was purchased for $10.96 million in April of 2005 and then gut renovated. It has 4,004 square feet including 4 bedrooms, 4 bathrooms, 3 powder rooms, 6 fireplaces, and an elevator. It also has 2 terraces on the top floor. The houses on Sutton Square were rebuilt ...

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