[NY Luxury Market Report: 07/26– 08/01/2021]

Twenty-one contracts were signed last week at $4 million and above, 18 fewer than the previous week. Seven and a half times more condos were sold than co-ops, and 4 townhouses were traded as well.

The No.1 contract was PH10A at 90 Morton Street, asking $18 million. The condo has 3,678 square feet, including 3 bedrooms, 3.5 bathrooms, and a 610-square-foot landscaped terrace off the living room, kitchen, and one of the bedrooms. The seller paid $12,600,844 in January 2019. The building spans 12 stories with 28-unit condos and used to be a former printing plant. The amenities include a concierge, covered driveway, a fitness center, a 64-foot pool, residents’ lounge, children’s playroom, and a rooftop terrace with outdoor dining and kitchen facilities.

The No.2 contract was 10D at 212 West 18th Street, asking $14.9 million. The Walker Tower condo has 3,199 square feet including 3 bedrooms, 3.5 bathrooms, and a marvelous 1,026-square-foot terrace. With 14-foot ceilings and a 27-foot master suite, there will be plenty of room for all. The seller paid $16.9 million in January 2017. The amenities include a concierge, 24-hour doorman, playroom, gym, sauna, and a roof deck.

Even though last week marked the lowest totals of both contracts signed and dollar volume since the third week in January, when 14 contracts were signed, the 21 signed contracts indicate a healthy market that will prove to be stable for the foreseeable future.