Townhouses top list of luxury contracts inked last week

Greenwich Lane home asking $25.5M takes top spot: Olshan report

TRD New York /
Nov.November 21, 2016 10:00 AM

Condo or townhouse? The answer to the age-old question every buyer with $4 million or more to plunk down on a home was – at least last week – the latter.

For just the second time this year, a pair of townhouses claimed the top two spots on the week’s luxury contract list.

A 7,051-square-foot townhouse at the Greenwich Lane asking $25.5 million and a 25-footer on West 13th Street with an ask of $16 million topped the list of luxury contracts signed for the week of Nov. 14-20, according to the Olshan Realty luxury market report.

This is only the second time this year (the first was back in February) when townhouses took the top two spots on the list.

There were a total of 20 contracts signed at $4 million and above for the third week of November, with the average discount from the original asking price at 6 percent.

The top contract went to a townhouse at Rudin Management’s condominium project on the site of the former St. Vincent’s Hospital.

The nearly 23-foot-wide home has five bedrooms, five baths and access to the condo’s amenities including concierge, doorman and fitness center.

The No. 2 contract went to 225 West 13th Street, a three-story, 6,925-square-foot home with a recording studio in the basement used by LCD Soundsystem record label DFA Records.

Daft Punk is playing at my house, my house, indeed. [Olshan]Rich Bockmann


Related Articles

arrow_forward_ios
Here are the week’s top luxury sales

Here are the week’s top luxury sales

Here are the week’s top luxury sales
Clockwise from left: John D. Rockefeller, Izzy Englander, Steven Mnuchin, David Koch, Jacqueline Bouvier, and William Zeckendorf (Credit: Getty Images and StreetEasy)

For 15 years, David Koch lived at the world’s “richest building”

For 15 years, David Koch lived at the world’s “richest building”
Here are the week’s top luxury sales

Here are the week’s top luxury sales

Here are the week’s top luxury sales
19 Strong Place and 161 Warren Street (Google Maps, iStock)

Brooklyn’s luxury market has best week since before the pandemic

Brooklyn’s luxury market has best week since before the pandemic
217 West 57th Street with Extell Developement's Gary Barnett and Corcoran's Pamela Liebman (Photos via Extell; Barnett via Anuja Shakya)

Extell brings on Corcoran Sunshine to help market Central Park Tower

Extell brings on Corcoran Sunshine to help market Central Park Tower
1 Prospect Park West and 557 9th Street in Park Slope (StreetEasy; Google Maps)

Park Slope homes lead Brooklyn’s luxury deals this week

Park Slope homes lead Brooklyn’s luxury deals this week
389 Bergen Street and 219 Jefferson Street (Google Maps)

Nearly $30M in Brooklyn luxury contracts signed last week

Nearly $30M in Brooklyn luxury contracts signed last week
76 Schermerhorn Street and 378 5th Street in Brooklyn (Photos via The Symon and StreetEasy)

It’s just one week, but Brooklyn luxury contract signings fell 50%

It’s just one week, but Brooklyn luxury contract signings fell 50%
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...