37 contracts at $4M and above signed in second week of March

Priciest deal was a Greenwich Lane penthouse asking $45M
March 16, 2015 09:31AM

Last week saw 37 contracts signed at $4 million and above, for a total of 69 in March so far, a 44 percent increase over the same period last year, according to the latest Olshan Realty luxury report.

February set a record for most contracts at $4M and above signed, with 116 during the month.

This month, the priciest deal was PHSouth at 155 West 11th Street, a building in Rudin Management’s Greenwich Lane complex. With an asking price of $45 million, this is the most expensive apartment ever sold in the five-building, five-townhouse development on the former St. Vincent’s hospital site, working out to $8,054 per foot. The report also claims this is the priciest sale ever in Greenwich Village. The 16th and 17th floor unit has four bedrooms and spans 5,587 square feet.

The second priciest contract was for an Upper East Side brownstone at 26 East 80th Street, which sold within a month of being listed at $21 million. The five-story, 23-foot-wide property features six bedrooms, six bathrooms, and seven wood-burning fireplaces. — Tess Hofmann