08/17/2026
Olshan Luxury Report---August 10-16, 2026: 18 contracts were signed last week in Manhattan at $4 million and above, 8 fewer than the previous week. Condos outsold co-ops, 13-2, with 1 condop and 2 townhouses in the mix.
The No.1 contract was 17North at 175 Fifth Avenue, asking $23.95 million. It is the 2nd time in the last 3 weeks that a unit in the building took the top spot in this report. The condo has 4,626 square feet including 4 bedrooms and 4.5 bathrooms. It features a dramatic 63’ x 27’ great room with 12-foot ceilings overlooking Madison Square Park. It is in the Flatiron Building, a triangular-shaped, 22-story building built in 1902 as an office building and now being converted into a condo designed by Studio Sofield. Sales opened in September and the building is expected to be completed by the end of the year. Sixteen out of 36 units have signed contracts, averaging $4,779/sq.ft. Amenities include 24-hour doormen, a gym, lap pool, sauna, cold-plunge pool, billiard’s room, residents’ lounge with a kitchenette, bike room, and package room. Monthly common charges and taxes total $18,013.
The No. 2 contract was Unit 3NORE at 42 Wooster Street, asking $9.995 million; it was listed in June. The condo loft is in excellent condition, and has 4,497 square feet including 3 bedrooms, a library/media room, 3.5 bathrooms, and 12-foot ceilings. It features a 43’ x 30’ great room with wood beams and columns that opens to a library; both rooms overlook Wooster Street. The seller paid $4.75 million in December 2022. Monthly common charges and taxes total $6,424. The building has a superintendent but no other amenities.