Fourteen contracts were signed last week in Manhattan at $4 million and above, 4 fewer than the previous week. Condos outsold co-ops 8-5, with 1 townhouse in the mix.

The No. 1 contract was PH33A at 500 West 18th Street, asking $26,500,000. The condo has 5,704 square feet including 5 bedrooms and 5.5 bathrooms. A dramatic 47’ corner great room with Hudson River views, a 26-foot dining room and kitchen all open onto a 266-square foot loggia. The unit has south, west and east exposures.

It is the 6th time this year that an apartment in the building took the top spot in this report, and it is particularly noteworthy because the building--originally called the XI, which launched in 2018--landed in a spectacular $1 billion-plus foreclosure. By 2021, the new sponsor, Witkoff, took over construction and rebranded the building. Now called One Highline, it offers a robust amenity package--a fitness center, 75-foot lap pool, spa-treatment rooms, a golf simulator, children''s playroom, private dining, a games lounge, and a garage. Services are offered from the adjacent Faena Hotel, which is part of the rebranded project.

The No. 2 contract was the 8th floor at 955 Fifth Avenue, asking $13,800,000, which has been on and off the market since 2021, starting as high as $14,600,00. It is 2 apartments combined but needs to be reconfigured; for example, the unit has 2 dining rooms and 2 kitchens. The seller owned 8B and purchased 8A for $2.5 million in 2019. The full floor totals 5 bedrooms, 6.5 bathrooms with the living room, master bedroom, a library and a 2nd living room facing Central Park. Monthly maintenance is $18,827. The co-op board allows 50% financing and amenities include doormen, a gym, storage and a landscaped roof garden overlooking Central Park.

Look for our Year End Report which will be released on Wednesday, December 27, 2023.

Merry Christmas to All!