An Upper East Side townhouse and a downtown penthouse topped the list of most expensive home sales in Manhattan last week.
According to Olshan Realty’s latest health check of Manhattan’s luxury housing market released Monday, a respectable 30 homes valued for at least $4 million changed hands in Manhattan last week.
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It was one of only six weeks this year that have seen 30 or more sales. So far, there are 18% fewer contracts signed at $4 million and above this year, compared to the same period last week.
"The 30 benchmark is significant," said Donna Olshan, president of Olshan Realty. "To put it in perspective, the Manhattan luxury real estate market registered 30-plus signed contracts in only six weeks in 2016. Fewer than 20 contracts were signed in 20 weeks this year."
The No. 1 contract was signed for 12 East 73rd St., asking $42.5 million. This 22.5-foot-wide limestone townhouse has 10,410 square feet, including five bedrooms, five bathrooms, three powder rooms, an elevator and nine fireplaces.
The house is being sold by real estate investor Andrew Farkas, who purchased it for $23 million in 2007 and then renovated it with the help of interior designer Daniel Romualdez, whose work includes 70 Vestry in Tribeca (where supermodel Gisele and her husband Tom Brady recently bought an apartment).
For the second week in a row, the No. 2 contract was a penthouse at the Robert A.M. Stern-designed 30 Park Place in Tribeca. Interestingly enough, the apartment with swimming pool was bought by Larry Silverstein, the building’s developer.
According to Olshan, the asking price was $32.05 million, but the Wall Street Journal reported last week that Mr. Silverstein paid the full price of $34 million. Closing documents, which will show the final price paid, are not yet available.
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The 6,204-square-foot, six-bedroom penthouse is one of 157 condos that sit atop the Four Seasons Hotel, which opened in October and occupies the bottom 22 floors of the building. At 937 feet and 82 floors, the building is one of the tallest residential towers in lower Manhattan.