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OLSHAN LUXURY MARKET REPORT
October 7-13, 2024
Twenty-eight contracts were signed last week in Manhattan at $4 million and above, 2 fewer than the previous week. Condos outsold co-ops, 19-6, with 3 townhouses in the mix.

Stat Geek Alert: Thirteen of the 28 properties sold (46%) were at $10 million and above, the largest weekly total of trophy properties since December 20-26, 2021, when 13 were also signed.

The No. 1 contract was PH at 23 East 22nd Street, asking $28.5 million, reduced from $62 million when it was listed in March 2022. This triplex penthouse has 7,066 square feet including 5 bedrooms and 6.5 bathrooms and spans the top three floors of a 60-story condo called One Madison. The bottom floor has a corner great room with a double-height ceiling and is surrounded by a 586-square-foot terrace. The unit has spectacular views in all directions. It is owned by media mogul Rupert Murdoch, who ...

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