Manhattan Weekly Report 5/20/23 ~ 5/26/23
📌233 contracts signed, down 8% vs last week & 21% vs last year
📌New development market showed no annual decline for the 3rd week
📌Sales over $5M climbed 19% annually, and cumulatively
📌Sales over $5M have been above last year for the past six weeks
📌The resale penthouse at Citizen360 asking $22.5M was the top sale of the week and one of only 2 sales asking over $20M on the UES this year
