09/07/2026
The week leading into Labor Day brought a more measured close to August in Manhattan’s luxury market.
Thirteen contracts were signed at $4M and above, compared with the 10-year average of 16 contracts for this same period. Activity was concentrated below the $10M threshold, with one sponsor sale reported and dollar volume reaching its lowest level since September 18–24, 2023. Historically, September is often one of the quietest periods of the year for the luxury market.
The No. 1 contract was 3W at 61 North Moore Street, asking $6.5M. The Tribeca duplex spans 2,917 square feet with four bedrooms, four bathrooms, 11-foot ceilings, cast iron columns, wood beams, wide-plank maple floors, a private balcony off the primary bedroom, laundry, and storage.
The No. 2 contract was 18B at 181 East 65th Street, asking $6.2M. The renovated three-bedroom residence spans 2,152 square feet with a dining room, west, north, and east views, and a 34-by-11-foot terrace accessed from the living room and second bedroom.
In total, co-ops and condos were evenly matched at six contracts each, with one condop also in the mix.
Text and data source: The Olshan Report by