Read up on the real estate updates here. Feel free to contact me with questions or if you want to discuss the current market.
Closing Cost Guide Let’s ConnectThe latest quarterly Manhattan residential data shows resilience as the market normalizes after a hyperactive 2021. High-interrest rates and record inflation deter those at more attainable price points, but buyers are willing to pay in all price categories when priced right.
The Manhattan luxury real estate market, defined as all properties priced $5M and above, saw 8 contracts signed this week, made up of 5 condos, 1 co-op, and 2 houses. The previous week saw 5 deals. For more information or data, please reach out to a Compass agent.
Unit PH90 at 35 Hudson Yards entered contract this week, with a last asking price of $49,500,000. This full-floor penthouse condo spans 10,171 square feet with 5 beds and 8 full baths. It features 360-degree river and city views, a 454 square foot private terrace, a corner kitchen with custom cabinetry, a library/office, a home gym, a northwest corner primary bedroom with en-suite baths and dual dressing rooms, and much more. The building provides a fitness center, a meditation room, a business center and boardroom, a screening room with wet bar, and many other amenities.
Also signed this week was Unit PH7N at 169 Hudson Street in TriBeCa, with a last asking price of $16,990,000. Originally built in 1915 and renovated in 2002, this penthouse condo spans 5,095 square feet with 4 beds and 4 full baths. It features approximately 2,500 square feet of private outdoor space, a private keyed elevator, an open floor plan, heated hardwood floors, a wood-burning fireplace, a custom-designed kitchen, and much more. The building provides a 24-hour attended lobby, a fitness room, residential storage, a live-in super, and many other amenities.
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