Manhattan Weekly Snapshot May 11 – 17, 2024
📌250 contracts signed, down 5% weekly and down 2% yearly
📌This was the second-highest number of signed contracts reported in ten weeks
📌Despite the overall annual decline, 11 of 20 categories saw year-over-year gains, including a 35% jump in sales over $5 million
📌This was the fifth consecutive week with 20 or more sales over $5 million, something that last happened in Fall 2021
📌Corcoran represented three of the top five sales, including the top contract: West 27A at One High Line asking $17.915 million