LUXURY MARKET REPORT
November 28-December 4, 2016
Stats Geeks, pay attention: The Manhattan luxury real estate market just recorded some great news. Thirty-seven signed contracts were reported last week at $4 million and above, the second best week of 2016. There’s more: Last week also notched the highest dollar volume of the year--a total of $371,615,465 in sales.

The No.1 contract was 77B at 80 Columbus Circle, asking $50 million. This Mandarin Oriental condo has been on the market since February 2012, and according to reliable sources it sold for significantly below the asking price. The unit has 4,825 square feet with 4 bedrooms, 5.5 bathrooms, and a 78-foot expanse facing Central Park that includes a 41-foot master suite. The apartment last sold in 2006 for $17,259,337.

The No. 2 contract was PH81 at 30 Park Place, asking $26.19 million. This unit has 5,443 square feet including 4 bedrooms, 4.5 bathrooms, and 2 terraces ...

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