LUXURY MARKET REPORT
March 13-19, 2017
A wicked nor’easter shut down Manhattan for an entire day last week, but it couldn’t muzzle the momentum in the luxury real estate market. Thirty contracts were signed at $4 million and above, a nifty number on the heels of Spring.

The No.1 contract was unit 11 at 207 West 79th Street, asking $12.5 million, sold off of floorplans. This full-floor apartment has 4,205 feet including 5 bedrooms, 5.5 bathrooms, a 49.5-foot great room. plus a library. It is in a new 19-unit condo under construction. Amenities include a doorman, gym, playroom, and storage.

The No. 2 contract was 19A at 875 Fifth Avenue, asking $11,050,000, reduced from $13.25 million when it went on the market in July 2014. The co-op has dramatic Central Park views from a 44-foot terrace that spans the living room, dining room, and library. The unit has 2 bedrooms, 2 ...

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