[NY Luxury Market Report: 06/14– 06/20/2021]

There were 41 contracts signed last week at $4 million and above in Manhattan, with condos outselling co-ops, 29 to 7, as well as 5 townhouses in the mix.

The No.1 contract was 54/55A at 220 Central Park South, asking $49.5 million. This duplex has 4,814 square feet and includes 4 bedrooms and 5.5 bathrooms. The 35-foot living room, master bedroom, and 2nd bedroom face Central Park.

Designed by Robert A.M. Stern, 220 Central Park South is a luxury residential condominium that has over 30,000 square feet of amenities including a doorman, concierge, motor court, private dining room, fitness center, 82-foot saline pool, squash court, basketball court, golf simulator, children’s playroom, and a communal terrace.

The No. 2 contract was PHA at 378 West End Avenue, asking $26 million. This triplex condo has 6,169 square feet and includes 5 bedrooms, 5 bathrooms, and 2 powder rooms. The outdoor space has 1,349 square feet and includes small terraces off the living room, library, and kitchen plus an 891-square-foot rooftop terrace.

Designed by CookFox and developed by Alchemy Properties, this new development condo building has over 11,000 square feet of amenities including a doorman, fitness center, 75-foot saline lap pool, squash court, half-court basketball court, children’s playroom, music room, pet-grooming facility, storage, and garage.

The streak continues as 30 or more deals have been signed at $4 million and above for 20 straight weeks. With the market remaining hot, and COVID restrictions easing off after New York City reached its 70% vaccination rate, this summer season certainly feels like spring as people are streaming back to the city.