Twenty-seven contracts were signed last week for luxury condos or townhouses over $4 million. Over half of the deals were sponsor sales, as developers rode the wave of discounted prices, low interest rates, and a soaring stock market, according to the Olshan Report.
- Top deals: The No. 1 contract was a 6,448-SF penthouse unit at Victor Sigoura’s 109 East 79th Street, asking $32.5 million. Completion is expected in 2022. The No. 2 contract was a 3,881-SF unit on the 9th floor at Extell’s 1010 Park Avenue, asking $15.9 million.