Hampshire House co-op tops stellar week for Manhattan’s luxury market

Most units asking $4M+ entered contract last week since May 2022

Manhattan’s luxury market just notched one of its best weeks in nine months. 

Thirty-one homes went into contract asking $4 million or more, according to Olshan Realty’s weekly report on homes asking $4 million or more. The total is the highest since mid-May 2022. 

The most expensive home to enter contract last week was a co-op at 150 Central Park South. The 6,500-square-foot home on the 27th floor was asking $30 million and spent less than two weeks on the market. 

Along with seven bedrooms and five bathrooms, the home has a 720-square-foot great room with 18-foot ceilings and three, 15-foot arched doors that open onto a 46-foot terrace overlooking Central Park. Monthly maintenance for the unit is just under $32,000. 

The seller is the estate of the late Julian H. Robertson, Jr., the hedge fund titan who founded Tiger Management. Robertson died in August at age 90. 

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The second most expensive home to enter contract last week was PH77A at 30 Park Place, with an asking price of $19.8 million, down $4 million from when it was listed in June. 

The 4,000-square-foot condo has four bedrooms, four and a half bathrooms and two 93-square-foot terraces. It also has 12-foot ceilings. The corner living room and formal dining room offer panoramic views to the north, east and west.

The penthouse unit last sold for $18.4 million in 2017. The 80-story building, designed by Robert A.M. Stern, has a Four Seasons hotel on the lower floors and 157 condos in the rest of the tower. 

The week’s total asking price volume reached a “robust” $272.2 million. Of the 31 contracts, 21 were for condos, seven were for co-ops and three were for condops.  

The average asking price was $8.1 million and the median asking price was $6.2 million. The typical home spent 505 days on the market and received a 6 percent discount. 

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