The Real Deal New York

Number of contracts signed last week for pricey resi units most since 2006

Thirty-two deals done for apartments at $4M level and above
January 26, 2015 09:45AM

Last week saw the most contracts signed at $4 million or above since 2006.

A total of 32 contracts were signed last week, according to the latest Olshan report. Buyers signed six contracts at 20 East End Avenue, a new condo project designed by Robert A.M. Stern. The contracts at the East Side building — which has a total of 43 units — ranged from $4.6 to $14.3 million and averaged $2,912 per square foot, according to the report.

The biggest contract of the week was a three-bedroom unit — 71A — at 25 Columbus Circle for $35 million, according to the report. Jeffries Capital Partners chairman and Broadway producer Roy Furman bought the apartment in 2005 for $9.9 million.

A townhouse at 21 West 10th Street was the second largest contract last week, at $21.9 million. The home hit the market in May for $2 million more. — Claire Moses