The Real Deal New York

Manhattan’s two priciest luxury deals last week were in Greenwich Village: Olshan

There were 12 contracts signed at $4 million and above
January 07, 2019 10:00AM

90 Morton Street and 16 Morton Street

Manhattan’s luxury market saw 12 contracts signed last week for a total of about $115 million, according to the latest report from Olshan Realty.

The contracts signed at $4 million or above were split between eight condos and four townhouses, and the number of contracts was the same total as last year for the same week.

Both of the top two contracts signed last week were for properties on Morton Street in Greenwich Village. The top contract was for a penthouse unit at 90 Morton Street, which was asking $40 million. The duplex spans 5,830 square feet with six bedrooms and two terraces.

The second priciest deal was a townhouse at 16 Morton Street, which went for slightly less than $16 million. The house stands three stories tall and spans 6,000 square feet. It’s configured as a commercial showroom on the ground floor with two floors of office space on top. The house went on the market last April with an asking price of $17.5 million.

Other contracts signed last week included a $10.25 million condo at 101 West 78th Street and a $7.45 million townhouse at 128 Bank Street.

The properties spent an average of 379 days on the market and had an average discount of 5 percent from the original to the final asking price. [Olshan Realty] – Eddie Small