28 contracts for $4M or more in third week of February

Priciest units were located at One57 and Greenwich Lane

TRD New York /
Feb.February 23, 2015 09:35 AM

UPDATED, Feb. 24, 1:21 p.m.: Buyers signed 28 contracts for $4 million or more in the third week of February, according to the latest Olshan Realty luxury report.

Apartment 53B at Extell Development’s One57 — the building that is home to the city’s first $100 million condo — was last week’s biggest deal, with an asking price of $32.8 million. The 5,475-square-foot apartment includes five bedrooms and five-and-a-half bathrooms. The master suite is more than 1,200 square feet. The building includes a pool, a fitness center and a performance space, among other things. About three quarters of the building’s units have been sold so far, according to the report.

The second largest deal last week was a townhouse at Rudin Management and Global Holdings’ Greenwich Lane at 139 West 11th Street for $25 million. The home is one of five townhouses that are part of the new development at the former St. Vincent’s Hospital site. The 6,979-square-foot home includes five bedrooms and five bathrooms as well as three powder rooms and an elevator. A garden and a terrace — together more than 1,100 square feet — accompany the home.

February has been a record-setting month so far, according to Olshan. The first week of February saw a record number of 32 contracts signed for units that cost $4 million or more. The second week of February saw 26 contracts at that price point, totaling a record-breaking 58 contracts for the first half of the month. January saw a total of 98 contracts for $4 million or more. [Olshan Realty] — Claire Moses


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