The Real Deal New York

98 contracts signed for $4M or more in January

Units at 20 East End Avenue and 145 CPW among contracts signed last week

February 02, 2015 10:42AM

From left: 20 East End Avenue and 145 Central Park West

From left: 20 East End Avenue and 145 Central Park West

Buyers in the Manhattan residential market signed a total of 20 contracts of $4 million or more last week, according to the latest report from Olshan Realty. In total, January saw 98 contracts signed at that price point or higher, about the same as last year. 

“Manhattan’s luxury real estate market continues to make healthy strides,” Donna Olshan wrote in the report, which covers sales from Jan. 26 through Feb. 1. She added that new inventory of luxury units in Midtown could disrupt the market.

Last week, the priciest contract signed was a three-bedroom unit at 145 Central Park West, also known as the San Remo, for $21.5 million. It was once owned by Robert Wilson, a hedge funder who jumped off the balcony,

The second priciest unit that went into contract this week was at 20 East End, the new Robert A.M. Stern-designed condominium project on the Upper East Side. The four-bedroom, four-bathroom unit was sold directly from the floor plans, according to the report. — Claire Moses

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