Thirty contracts were signed last week in Manhattan at $4 million and above, 5 more than the previous week. Condos outsold co-ops, 17-10, and 3 townhouses were in the mix. The action skewed closer to the lower end of the luxury market with half of the properties at $5,500,000 and below.

Stat Geek Alert: The last 4 weeks totaled 123 contracts signed at $4 million and above compared to 130 contracts in 2023, 140 contracts in 2022, and 160 in the record-breaking 2021.

The No. 1 contract was a townhouse at 45 West 70th Street, asking $14,900,000, reduced from $19,550,000 when it was listed in October 2020 and then cycled through 5 brokerage firms. The 5-story, 20-foot-wide house has been renovated and includes 8,550 square feet including 5 bedrooms, 4 bathrooms, 2 powder rooms, and an elevator. The basement features a 33-foot lap pool, a gym, and a bedroom. A large kitchen on the ground floor opens onto a garden; the house also has a roof terrace. Annual real estate taxes total $98,182.

The No. 2 contract was the 8th floor at 1125 Fifth Avenue, asking $9,995,000, reduced from $13,500,000 when it was listed in April 2023. The full-floor co-op has 4 bedrooms, 5.5 bathrooms, and a library. A 28-foot living room with a fireplace and a 20-foot formal dining room overlook Central Park and the reservoir. A 23-foot master bedroom has a woodburning fireplace. The apartment needs to be renovated. Amenities in the building include a doorman, storage, and a gym. The co-op board does not allow more than $1.1 million in mortgage financing.