Eight Contracts over $10M: Market Continues to show Strength

The Market Report

Highest Price Listing: 50 W 66th Street #17CD
List Price: $24,950,000 ($3,508 per ft)
50 West 66th Street, slated to be one of the tallest and most important residential buildings that will transform the Upper West Side and the New York City Skyline. Extell's newest tower will have 124 ultra-luxury homes ranging from two bedrooms to full floors. The building boasts 50,000 square feet of amenity space including both an indoor and outdoor pool, squash court, full sized basketball and pickleball court, state of the art fitness center, Sky Lounge for entertaining and Porte cochere entrance. The building is being marketed privately and our team has inside access.

Market Overview:
During this week, 25 properties went under contract, with eight properties listed at $10 million or higher. The total sales volume has increased to $228 million.

Notable Contracts:

1. 25 Columbus Circle #75A
   Contract Price: $21.995,000
   MAGNIFICENT BESPOKE-DESIGNED 4BDR WITH TOWERING VIEWS
   Crafted by the master designer Noel Jeffrey, renowned for his dedication to creating distinctive spaces that exude personality and grace, this residence is artfully infused with those very qualities. This magnificent home, showcased in Elle Decor, has floor-to-ceiling windows framing unparalleled views of Central Park, the Manhattan Skyline, and Hudson River.

2. 217 W 57th Street #78W
   Contract Price: $18,500,000
   Reside over 788' above New York City in this half-floor residence at Central Park Tower. This gracious three-bedroom, three-and-a-half-bathroom home offers over 3,000 square feet of luxury living space.

3. 215 Sullivan Street #5E
   Contract Price: $4,500,000

   Sublime three (3) bed, three (3) bath home in the esteemed and boutique 215 Sullivan Street offers the most discerning buyer a thoughtful layout, exquisite finishes and excellent natural light, all within the newly constructed portion of a classic piece of New York City architecture.

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This report presents the recent high-end real estate market activities, highlighting key transactions and market movements.