Report on Contracts Signed
23 Contracts Signed
It was an old fashion solid week in the Manhattan luxury market: 23 contracts were signed at $4 million and above, including 15 condos, 7 co-ops, and 1 townhouse. More than half of the action was downtown.
The No.1 contract: was PH6West at 155 West 11th Street, asking $16,250,000. The 5-bedroom, 5.5-bathroom unit has 3,740 square feet and a terrace. Common charges and real estate taxes total $13,514. PH6W was sold off of floorplans in the new Greenwich Lane, a 5-building condo complex being developed on the former St. Vincent’s Hospital site in the heart of Greenwich Village by the Rudin Organization. Sales started in October, and the developer is reporting more than 50% sold, averaging $3,116/sq.ft.. Amenities include doorman, concierge, health club, a 25-meter pool, garage, and storage.
The No. 2 contract was 5N at 88 Central Park West, asking $12.5 million, reduced from $14.5 million when it went on the market in October 2012. This 3-bedroom, 3-5 bath duplex co-op features Park views from the living room and master bedroom. The dining room has been opened to the living room to capture the view as well.
NYC Luxury Tracking Scoreboard: Sales $4 Million and Above
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