
Manhattan’s luxury real estate market has shown signs of revival this spring, with a notable uptick in high-end home sales. Last week, the market saw a surge in activity, with 28 contracts being signed for properties priced at $4 million and above. This marked a significant increase from the prior week’s lackluster performance, as highlighted in a recent report by Olshan Realty.

The week’s transactions included 21 condominiums, five cooperative apartments, one townhouse, and one condop, cumulatively valued at over $263 million. The standout sale was a $44.5 million co-op on the Upper East Side, which set the record for the priciest co-op sale in the borough in nearly two years. This ninth-floor residence boasts four bedrooms and grand living spaces with sweeping views of Central Park, complemented by the building’s full suite of amenities, including a fitness center, wine cellar storage, and attentive doormen.
Another significant transaction involved a $25.6 million condo in Chelsea’s prestigious One Highline building. This expansive 5,121-square-foot property features four bedrooms, a spacious great room with vistas of the Hudson River, and two loggias. Residents of One Highline also enjoy access to luxury amenities such as a state-of-the-art fitness center, a lap pool, spa treatment rooms, a golf simulator, and exclusive dining and entertainment spaces. This flurry of activity signals a robust spring season for Manhattan’s high-end real estate market.

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