Manhattan Weekly Report 9/23/23 ~ 9/29/23
📌169 contracts signed, up 26% week-over-week and 14% year-over-year - First annual increase in 7 weeks
📌All product types experienced over 15% weekly increase led by 2x more new development sales last week.
📌Sales under $1M increased by 11% year-over-year.
📌Contracts above $5M saw a 63% jump - The highest number of $5M+ contracts since Labor Day.
📌The top contract last week was a penthouse at Giorgio Armani Residences (760 Madison), featuring 1,279 SF of private outdoor space.
