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LUXURY MARKET REPORT
January 10-16, 2022
Twenty-five contracts were signed last week in Manhattan at $4 million and above, 4 more than the previous week---a solid performance for the middle of January. Condos outsold co-ops, 17 to 6, and 2 townhouses were in the mix.

The No. 1 contract was a townhouse at 53 Downing Street, asking $15.7 million, reduced from $23 million when it was listed in January 2018. The house was purchased for $7.1 million in June 2014 and then gut renovated. It has 8,260 square feet on 5 floors including 5 bedrooms, 5 bathrooms, 3 powder rooms, 6 terraces, an elevator, and garage. The living room has 14-foot ceilings that open onto a conservatory.

The No. 2 contract was 3AC at 11 East 73rd Street, asking $12 million; it sold within days of listing. It has 2 bedrooms, a library, 3.5 bathrooms, 2 fireplaces, and is the largest and ...

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