The Real Deal New York

26 contracts signed for $4M or more last week

Jon Bon Jovi's $37.5 million penthouse was the largest deal
April 06, 2015 08:30AM

The New York City luxury market saw 26 contracts for $4 million or more signed last week.

Jon Bon Jovi’s $37.5 million penthouse at 158 Mercer Street was the biggest contract, according to the Olshan Realty luxury report. His Soho unit, which originally listed for $42 million in 2013, includes six bedrooms, two kitchens, two fireplaces as well as three landscaped terraces. The roughly 7,450-square-foot duplex also includes a screening room, 11-foot ceilings and arched windows. Bon Jovi bought the unit for $24 million in 2007.

The second largest contract last week was an apartment at The Plaza Hotel for $19.9 million. The apartment originally listed for $25 million in August. The three-bedroom unit includes a maid’s room, four-and-a-half bathrooms and a formal dining room. The unit spans 4,283 square feet. The owner paid $12 million for the apartment in 2009.

The third week of March saw 27 contracts signed for $4 million or more. [Olshan Realty] — Claire Moses