In a packed week for Manhattan’s luxurious market, Higher West Facet condos got here out on prime.
Patrons signed contracts for 38 properties within the borough asking $4 million or extra between April 6 and April 12, up from 31 within the previous period, in line with Olshan Realty’s report. Of the offers inked final week, 12 have been for condos on the Higher West Facet.
The most costly house to snag a signed contract was additionally on the Higher West Facet, a apartment at Extell Growth’s 50 West 66th Road. The condo had an asking worth of $23.5 million.
Unit 40N spans 3,400 sq. ft and has 4 bedrooms and 4 loos. It additionally options ceilings over 14 ft and a loggia with views of Central Park. Facilities within the 39-story tower embody a health heart, indoor and out of doors swimming pools, pickleball courts and a screening room.
Since closings started final 12 months, offers for 90 of the tower’s 121 items have hit metropolis data, with trades averaging at about $3,700 per sq. foot. Amongst these condos was Unit 52E, which closed for $55.6 million earlier this 12 months. The deal adopted two others, every closing for round $47 million, in October and December, respectively.
Douglas Elliman’s Janice Chang, who represents some listings on the venture, and her husband, former Spire Growth Company president Ross Nodell, closed on an $18 million apartment on the constructing in March.
Additionally representing listings on the constructing are Corcoran’s Hilary Landis and Beth Benalloul, in addition to an in-house group with Extell Growth Advertising and marketing.
The second priciest property to discover a purchaser was the sixteenth flooring at Madison Realty Capital’s 16 Fifth Avenue, with an asking worth of $16 million. The apartment spans 3,700 sq. ft and has three bedrooms, 4 loos and a 14-foot kitchen island.
The developer launched gross sales on the 12-unit constructing final 12 months, two years after development points stalled the project. Tenants of a close-by condo constructing sued Madison Realty Capital in November, alleging development on the Greenwich Village venture induced the partitions at 10 Fifth Avenue to crack.
A group with Corcoran Sunshine, together with Tara King-Brown and Ryan Kaplan, is heading gross sales on the Robert A.M. Stern-designed constructing. Its facilities embody doormen, a health heart, golf simulator and residents’ lounge.
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