Last Remaining Full Floor at Armani takes the #1 Contract (PH is the Last Available)

The Market Report

Highest Price Listing: 760 Madison Avenue #8
List Price: $23,500,000 ($5,187per ft)
Rumor that this apartment sold over the listing price. The Eighth Floor residence is an expansive full-floor five bedroom, five and half bath, realm of luxury spanning 4,530 square feet. The elegantly appointed contemporary interiors feature white oak flooring in a custom Parquet de Versailles pattern, soaring 10’ ceilings, and 8’ tall oversized windows, marrying classic Upper East Side luxury with a sophisticated modern sensibility. This home is flooded with light and has open city views East, South and North.

Market Overview:
During this week, 22 properties went under contract, with four properties listed at $10 million or higher. The total sales volume has decreased to $175 million.

Notable Contracts:

  1. 211 Central Park West #19/20D
    Contract Price: $19,500,000
    Perched high atop the Beresford on Central Park West, the proposed combination of the 19th Floor and 20th Floor D Line corner apartments present an extraordinary opportunity. The assemblage by the current owner, of these two spectacular units allows for the creation of a large high floor aerie with breathtaking 270-degree views above Central Park and the Natural History Museum.

  2. 200 E 66th Street #PHE2101
    Contract Price: $8,995,000
    The landmark Manhattan House captures the spirit of living beautifully in one of the world’s most sophisticated cities. The most elevated expression of this refined lifestyle is found in The Penthouse Collection. Every detail of this home has been thoughtfully conceived to enhance the timeless elegance of this extraordinary property.

  3. 40 Bond Street #TH4
    Contract Price: $6,250,000

    Located on the most desirable block in NoHo, 40 Bond Street, Ian Schrager's collaboration with Pritzker Prize-winning architects Herzog & de Meuron, is a unique modern interpretation of the neighborhood's historic cast iron architecture featuring a facade of curved green glass and a signature graffiti-patterned gate.

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

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Post-July 4th Week Sees Slow Activity with Two Deals Over $20M

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42 Contracts Signed, With 10 of $10MM; A Strong Week