[NY Luxury Market Report: 08/24 – 08/30/2020]

[NY Luxury Market Report: 08/24 – 08/30/2020]

[고급 부동산시장 보고서, USD $4백만 이상:  

08/24 - 08/30/2020]

One fewer than the previous week, but we’ll take it as another solid return for another week in August, as thirteen contracts were signed last week at $4 million and above.

The No. 1 contract was the Penthouse at 5 Beekman Street, asking $12.495 million. This unit has 3,554 square feet, and includes 3 bedrooms and 3.5 bathrooms with panoramic views of the Hudson River and the city. It has a 50-foot great room with a fireplace, 16-foot ceilings, and a 155-square foot terrace. Constructed above The Beekman Hotel, the building has 67 condos on 51 floors. The condo owners have access to all hotel amenities and restaurants.

The No. 2 contract was a townhouse at 140 East 19^th Street, asking $10 million. This 5-story, 23.5-foot-wide house has 5,760 square feet, and includes 5 bedrooms, 4.5 bathrooms, and an elevator. It has 20-foot ceilings in the living room. Since 2001, this townhouse was owned by model Paulina Porizkova and the late Ric Ocasek, the Cars frontman who passed away last September.

Although the August 2020 total is the lowest since 2011 when comparing the number of contracts signed in the last 4 weeks to the same period last year, another consecutive week of contracts signed over the 10-mark buyers are beginning to warm up to the market as activities are taking place.

Another consecutive week of contracts signed over the 10-mark shows that buyers are beginning to warm up to the market as activities are happening and taking place. Although the August 2020 total is the lowest since 2011, when comparing the number of contracts signed in the last 4 weeks to the same period last year, the market is slowly starting to function again as buyers and agents are not deterred, especially those who want to experience New York, as this city always have that charm in attracting anyone from anywhere in the country and the world.