And…we are back!
What is happening this week in the NYC Real Estate Market?
15 contracts signed in Manhattan at $4M and above in the last 7 days which is a slight decrease in activity compared to the 10-year average. Data pulled from Resource douglaselliman.
Below are the top two contracts signed in Manhattan.
111 West 57th Street 58
$22,000,000
250 West Street 9A
$14,500,000
What does this mean?
This “sleepy” market was notable for the Upper East Side, particularly Lenox Hill, which dominated sales with five of the week’s top contracts, a trend that has been increasingly outperforming other Manhattan neighborhoods.
Please reach out with any questions-always happy to discuss the current opportunities in the market!
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