Despite multiple nor'easters, holidays and a volatile stock market, Manhattan’s luxury real estate market has logged more than 20 contracts signed for the 10th week in a row.
Contracts were signed on 29 properties priced at $4 million and above last week, according to Monday’s Olshan Report, worth a total of $263.3 million in sales, a 44% increase from the previous week.
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The priciest deal struck was for a pair of condos at the eternally expensive 432 Park Avenue in Midtown. Together, the two units at the 96-story building were asking $68.5 million, according to the weekly real estate report. Each of the adjoining apartments has three bedrooms and four-and-a-half bathrooms. Combined they total 8,038 square feet.
The Rafael Viñoly-designed tower has 106 units and amenities include a fitness center, a 75-foot swimming pool, private dining room, parking, a garden and a children’s playroom.
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The second most expensive contract signed last week was for a triplex co-op at 115 Central Park West asking $19.5 million.
The four-bedroom apartment hit the market in September and was initially asking $24.5 million, the report said. It has a formal dining room, and a library, a home theater and a golf simulator.
Of the 29 contracts signed, 22 were condos, six were co-ops and one was a townhouse; no luxury condops entered contract last week.