![[NY Luxury Market Report: May 2022]](https://res.cloudinary.com/luxuryp/images/w_1280,c_limit,f_auto,q_auto/aykmlbwomb8wohqqcmoy/olshan_01)
126 contracts were signed last month at $4 million and above. Condos outsold co-ops, 87 to 21, and 16 townhouses were in the mix. With rising interest rates, inflation, and the stock market, this past month has seen a dip in the luxury real estate market with the much of the action having taken place on the lower end of the luxury price range.
The No. 1 Contract : PH57 at 53 West 53rd Street - Asking $22.5 million.- This full floor penthouse has 4,599 square feet including 2 bedrooms and 2.5 bathrooms along with unobstructed exposures that span across Central Park, the Hudson River, East River, and the city skyline.
- Amenities include a concierge, a 65-foot pool with a whirlpool and cold plunge pool, a state of the art wellness center, and a golf simulator.
The No. 2 Contract : PHA at 100 11th Avenue - Asking $22 million.- This duplex penthouse has 4,675 square feet including 3 bedrooms and 3.5 bathrooms plus a library and 3,700 square feet of outdoor space.
- Amenities include a concierge, a 70-foot indoor/outdoor pool, and a fitness center with a sauna.
Top Contract Runner-UpsNo. 3 - 16ABC at 25 North Moore Street - Asking $22 million
No. 4 - 15/16A at 211 at Central Park West - Asking $19.99 million
No. 5 - Townhouse at 114 East 65th Street - Asking $17.5 million
