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OLSHAN LUXURY MARKET REPORT
July 15-21, 2024
Twenty contracts were signed last week in Manhattan at $4 million and above, the same as the previous week. Condos outsold co-ops, 12-7, with 1 townhouse in the mix.

Stat Geek Alert: The 20 contracts almost matched the 10-year average of 21 contracts for the third week in July.

Stat Geek Alert II: Only 5 contracts were signed in new developments, the lowest number of sponsor sales since the last week in February, when 5 contracts were also signed.

The No. 1 contract was PH11 at 760 Madison Avenue, asking $32,500,000. This penthouse duplex is in the Giorgio Armani Residences and has 4,216 square feet including 4 bedrooms, 4.5 baths, and 3 balconies totaling 870 square feet. It is the fourth time this year that a unit in 760 Madison Avenue, designed by CookFox, has taken the top spot. Amenities include a ...

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