Extell Condos Top Manhattan Market – The Real Deal

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Extell Development had a clean sweep in Manhattan’s luxury market last week. 

Two of the developer’s buildings were home to the two most expensive contracts signed between Nov. 13 and 19, according to Olshan Realty’s weekly report on Manhattan homes asking $4 million or more.

Buy/sell, rent/lease residential &
commercials real estate properties.

The most expensive home to enter contract was in 50 West 66th Street, in its fifth time this year claiming the top spot in the report. Unit 42NS snagged a signed contract after asking $45.8 million. 

The 7,000-square-foot conbo unit has five bedrooms, 5.5 bathrooms and 14-foot ceilings. A 56-foot great room with two loggias offers views of Central Park. 

Douglas Elliman’s Janice Chang and Timothy Hsu had the listing. 

Amenities at the building include doormen, a fitness center, indoor lap pool and outdoor saltwater pool and jacuzzi, basketball and pickleball courts, a screening room, game room and dog-washing facilities.

The second most expensive home to enter contract last week was the 83rd floor at 157 West 57th Street, which asked $34 million. 

The apartment sold immediately after listing for faw below the $45 million the seller paid in 2016. The 6,200-square-foot condo has four bedrooms and 5.5 bathrooms. A 1,400-square-foot great room offers views of Central Park, as does the 30-foot primary bedroom.

Douglas Elliman’s Noble Black had the listing. 

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The 90-story, 90-unit building was built above the 5-star Park Hyatt Hotel and designed by Pritzker Prize-winning architect Christian de Portzamparc. Amenities include hotel services, a fitness center, pool, private dining, a library lounge and performance space.

Of the 24 homes to enter contract last week, 14 were condos, four were co-ops, four were townhouses and two were condops. 

The homes’ combined asking price was $234.2 million, with an average asking price of $9.8 million and a median asking price of $5.7 million. The typical home spent 515 days on the market and received a 4 percent discount. 

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