Olshan Realty, Inc.

10/05/2026

Olshan Luxury Report---September 28-October 4, 2026: 30 contracts were signed last week in Manhattan at $4 million and above, 13 more than the previous week. Condos outsold co-ops, 21-7, with 1 condop and 1 townhouse in the mix.

Stat Geek Alert: Last week’s total marked the first time since the week of June 8-14, 2026 that the luxury market hit the 30 benchmark.

The No.1 contract was 9S at 70 Vestry Street, asking $34 million; it was listed last month. The unit has 4,355 square feet including 4 bedrooms and 4.5 bathrooms, plus 2 terraces totaling 522 square feet. A 38-foot corner great room opens onto a library and a terrace---all overlooking the Hudson River. A primary suite comprises a large bedroom, dressing room, and 22-foot terrace. 70 Vestry is a 14-story, 46-unit condo that was designed by Robert A.M. Stern Architects with interiors by Daniel Romualdez. Amenities include doormen, concierge, garage, fitness center, squash court, and 3 pools: an 82-foot lap pool, a separate children’s pool, and a hot-and-cold plunge pool. Also included are a library, billiards room, and children’s playroom. The seller purchased the unit from the sponsor in December 2018 for $21,412,500. Monthly common charges and taxes total $20,697.

The No. 2 contract was 20AB at 555 West 22nd Street, asking $19.995 million, reduced from $23 million when the building started marketing off floorplans in the Spring 2022. The new condo has 4,603 square feet including 4 bedrooms and 5.5 bathrooms and features a 29-foot great room with sweeping views of the Hudson River. It was sold by the sponsor. Common charges and taxes total $18,992.

The building is known as the Cortland, and like the No.1 contract in this report, it was designed by Robert A.M. Stern Architects; it opened sales in June 2022. Amenities include doormen, fitness center, golf simulator, pool, children’s playroom, dog-grooming room, rooftop terrace, and garage. Closed sales prices average $2,922/sq.ft. 2021.

09/28/2026

Olshan Luxury Report—September 21-27, 2026: 17 contracts were signed last week in Manhattan at $4 million and above, 2 fewer than the previous week. Condos outsold co-ops, 9-5, with 3 townhouses in the mix.

Stat Geek Alert: September is typically the worst month of the year. Further proof: Only 65 contracts have been signed in the luxury market in the past 4 weeks compared to the 10-year average of 71 contracts.

The No.1 contract was a townhouse at 48 Jane Street, asking $14.999 million, reduced from $15.5 million when it was listed last October. The 4-story, 22-foot-wide Greek Revival house has 4,128 square feet including 5 bedrooms and 3.5 bathrooms. The house has been renovated and features 5-zone central air conditioning, 2 woodburning fireplaces and one gas fireplace. The ground floor opens onto a 21’ x 29’ garden. Annual taxes are $49,330.

The No. 2 contract was 9W at 32 East 64th Street, asking $14.5 million, reduced from $15.5 million when it was listed in October 2025. The prewar 11-room co-op has 4 bedrooms, 4.5 bathrooms, a library, office, and 5 woodburning fireplaces. A double living room, formal dining room, primary bedroom, and 2nd bedroom face Madison Avenue. The unit has high ceilings and has been renovated. Monthly maintenance totals $15,173 and the co-op board allows 40% financing. Amenities include doormen, gym, and storage. The seller paid $13 million in December 2021.

09/21/2026

Olshan Luxury Report---September 14-20, 2026: 19 contracts were signed last week in Manhattan at $4 million and above, 3 more than the previous week. Condos outsold co-ops, 14-4, with 1 townhouse in the mix.

The No. 1 contract was PHWest at 211 West 84th Street, asking $26.880 million, raised from $25.250 million when the building started marketing in August 2024. The duplex penthouse has 4,853 square feet including 5 bedrooms, 5 bathrooms, and 2 terraces totaling 1,649 sq.ft. The lower level has a terrace off a 41-foot great room with a fireplace, library, and kitchen. Upstairs are 4 bedrooms. The top floor has a 27’ x 60’ rooftop terrace and a fireplace featuring views of the Hudson River. The condo is called The Henry, an 18-story building designed by Robert A.M. Stern Architects; 39 out of 45 units have closed at $2,978/sq.ft. Amenities include doormen, fitness center, porte cochere (covered entrance), parking, rooftop garden, children’s playroom, pickleball court, half-court basketball, bowling alley, library, and game room.

The No. 2 contract was 19 North at 175 Fifth Avenue, asking $25.5 million, raised from $25 million when the building started marketing off floorplans a year ago. The condo has 4,575 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 a year ago, and it’s expected to be completed by the end of the year. Seventeen out of 36 units have signed contracts, averaging $4,829/sq.ft. Amenities include 24-hour doormen, 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 $17,978.

09/15/2026

Olshan Luxury Report—September 7-13, 2026: 16 contracts were signed last week in Manhattan at $4 million and above, 3 more than the previous week. Condos outsold condos, 12-3, with 1 condop in the mix.

Stat Geek Alert: The total is just one shy of the 10-year average of 17 contracts for a post-Labor Day week.

The No.1 contract was the Maisonette at 2 East 70th Street, a prewar duplex co-op asking $22.5 million; it was listed in May. A private entrance from Fifth Avenue opens onto the ground floor, which features a living room with 11-foot ceilings, a formal dining room, an eat-in kitchen, and a powder room. A sweeping staircase leads to the second floor, where a 30-foot great room overlooks Central Park; it also includes 3 bedrooms, 4 bathrooms, and a library. The seller purchased the residence for $13.5 million in September 2010 and subsequently renovated it with architect Peter Pennoyer. Monthly maintenance is $18,298. Building amenities include doormen, a gym, and storage. The co-op board permits 50% financing.

The No. 2 contract was PH87B at 15 Hudson Yards, a sponsor unit asking $9.895 million, reduced from $12.95 million when the building started marketing off floorplans in October 2016. The condo has 3,128 square feet including 4 bedrooms and 4.5. The living room measures 37’ x 28’ with 11-foot ceilings that provide spectacular views of the Hudson River. 15 Hudson Yards has 285 residences on 88 floors. Amenities include a concierge, fitness center, 75-foot swimming pool, children's playroom, ballroom, catering kitchen, and residents' lounge.

09/15/2026

09/07/2026

Let it not be lost that the top 2 contracts in this week’s Olshan Luxury Report were listed in July, typically a slow time and the month in which a major residential real estate company asked its agents and affiliates to remove their listings from 3rd party portals. These affiliate agents forged ahead, ignored the directive and listed their units and sold them in record times. Fiduciary responsibility starts with the consumer.

Olshan Luxury Report---August 31-September 6, 2026: 13 contracts were signed last week in Manhattan at $4 million and above, 11 fewer than the previous week. Co-ops and condos tied at 6 each, with 1 condop in the mix.

Stat Geek Alert: It was a disappointing week by any measure—the total is below the 10-year average of 16 contracts for the week leading up to Labor Day. Nothing sold at $10 million and above. Only one sponsor reported a sale, and the dollar volume was the lowest since September 18-24, 2023, when 8 contracts were signed totaling $45,414,999. Heads up: September is generally the worst month of the year in the luxury market.

The No.1 contract was 3W at 61 North Moore Street, asking $6.5 million; it was listed at the end of July. The duplex condo has 2,917 sq.ft. including 4 bedrooms and 4 bathrooms. The loft-style apartment has 11-foot ceilings, cast iron columns, wood beams, and wide-planked maple floors. The primary bedroom opens onto a balcony; the unit has a laundry room and comes with storage. The building does not have doormen or amenities.

The No. 2 contract was 18B at 181 East 65th Street, asking $6.2 million. It was also listed in July. The condo has 2,152 square feet including 3 bedrooms, 3 bathrooms, and a dining room. The living room and 2nd bedroom open onto a 34’ x 11’ terrace. The unit has been renovated and showcases west, north, and east views.
Amenities in this Robert A.M. Stern building (completed in 2000) include doormen, a fitness center, and garage. The seller paid $5.8 million in October 2023.

08/31/2026

Olshan Luxury Report---August 24-30, 2026---24 contracts were signed last week in Manhattan at $4 million and above, 9 more than the previous week. Condos outsold co-ops, 12-7, with 5 townhouses in the mix.

Stat Geek Alert: No complaints about the trophy market: So far this year, 218 properties have had contracts signed at $10 million and above compared to 202 for the same period last year.

The No.1 contract was 68E at 217 West 57th Street, asking $20.5 million, reduced from $24.96 million when it was listed in 2018 off floorplans. The condo has 3,128 square feet including 3 bedrooms, 3.5 bathrooms, and a 29’ x 28’ great room with floor-to-ceiling windows that face Central Park. Ceiling heights are almost 11 feet. A similar sponsor unit, 62E, closed in July 2025 for $17,612,188.

The building is Central Park Tower, a 1,550-foot-tall skyscraper with 179 units and promoted as the world’s tallest residential building. Over 50,000 square feet of amenities include indoor and outdoor pools, a fitness center, a children’s playroom, and a club room on the 100th floor that includes a ballroom, bar, dining facilities, and a cigar lounge.

The No. 2 contract was the 6th floor at 988 Fifth Avenue, asking $18.5 million, reduced from $19.9 million when it was listed in May 2025. The prewar condo
has 3,550 square feet including 5 bedrooms and 4.5 bathrooms. The living room with a fireplace and formal dining face The Metropolitan Museum and Central Park. The unit has been renovated. The seller paid $11 million in 2008. The building has doormen and storage units.

08/31/2026

Olshan Luxury Report---August 17-23, 2026: 15 contracts were signed last week in Manhattan at $4 million and above, 3 fewer than the previous week. Condos outsold co-ops, 8-4, with 3 townhouses in the mix.

Stat Geek Alert: The dog days of summer continue to roil the luxury market---as they always have: The 10-year average for the 3rd week in August is only 17 contracts.

The No.1 contract was a townhouse at 111 East 81st Street, asking $13.995 million, reduced from $15 million when it was listed in May. The 4-story house has 5,266 square feet including 5 bedrooms, 4.5 bathrooms, an elevator, garden and roof terraces, and ceiling heights that range from 11 to 12 feet. The house is in very good condition. Annual real estate taxes total $98,985. The seller paid $13.25 million in February 2022.

The No. 2 contract was 5A at 36 Bleecker Street, asking $11.5 million, reduced from $12.35 million when it was listed in April. The condo has 3,280 square feet including 4 bedrooms and 4.5 bathrooms. It features a 34’ x 23’ great room with barrel vaulted ceilings that are 12-feet high and 7.5-inch-wide, plank-oak floors. The unit is in a 7-story, 20-unit building known as the Schumacher, a former printing plant converted into a condo in 2016. Amenities include doormen, concierge, fitness center, children’s playroom, bike room, and a landscaped courtyard. Monthly common charges and taxes total $14,937. The seller paid $10,562,500 in June 2022.

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.

08/17/2026

Olshan Luxury Report---August 3-9, 2026: 26 contracts were signed last week in Manhattan at $4 million and above, 5 more than the previous week. Condos outsold co-ops, 19-4, with 1 condop and 2 townhouses in the mix.

The No.1 contract was the 19th floor at 1122 Madison Avenue, asking $40.5 million. The unit has 5,251 square feet with 5 bedrooms, 5.5 bathrooms, and 2 balconies off a corner 40-foot great room and eat-in kitchen. The unit has 11-foot ceilings and Central Park views. Common charges and taxes total $18,943.

Amenities include doormen and on a lower level a fitness center, squash court, training studio, cold-plunge pool, steam and sauna. Half of the 3rd floor has other amenities: a bar, lounge, billiards room, playroom, dining room with a kitchen, media room, and game room. Since mid-January, 24 of 26 units have signed contracts in this Studio Sofield-designed building, which is being developed by Legion Investment Group and Nahla Capital. Contracts are averaging $5,378/sq.ft. with the 2 remaining units on the 15th and 17th floors priced at $38.75 million and $38.95 million, respectively. The building is expected to be completed by the Fall of 2027.

The No. 2 contract was 3West at 150 West 12th Street, asking $18.995 million, reduced from $19.95 million when it was listed in January. The duplex condo has 4,260 square feet including 5 bedrooms and 5.5 bathrooms. A 45-foot great room opens onto a landscaped, 732-square-foot terrace overlooking West 12th Street. Downstairs are 4 bedrooms, and upstairs is a primary suite with a study. The unit is in the Greenwich Lane, a 5-building complex comprised of 193 condos and 5 townhouses. Amenities include a concierge, doormen, parking, fitness center, a 25-meter swimming pool, golf simulator, garden, residents’ lounge, and children’s playroom. The seller paid $11,959,375 in January 2022. Monthly common charges and real estate taxes total $18,086.