Forty contracts were signed last week in Manhattan at $4 million and above, twelve more than the previous week. You read that right! Condos outsold co-ops, 30-7, and 3 townhouses were in the mix.

Stat Geek Alert I: Year-to-date, this is the first time the luxury market has topped 30 or more contracts (in 2023, the luxury market registered 13 weeks of 30 or more contracts).

Stat Geek Alert II: Last week’s total was the largest since the week of May 8-14, 2023, when 40 contracts were signed. This time, the action skewed closer to the lower end of the luxury market with more than half of the properties below $5,500,000.

The No. 1 contract was 41NS at 50 West 66th Street, asking $46,750,000. The 6,942-square-foot condo is a combination of 2 units that includes 5 bedrooms, 5.5 bathrooms, 14-foot ceilings, and Central Park views. A 56-foot great room facing Central Park is flanked by 2 loggias. Amenities in the 122-unit condo include doormen, a fitness center, indoor lap pool, an outdoor saltwater pool and jacuzzi, basketball and pickleball courts, screening room, game room, bike room, and dog-washing facility.

The No. 2 contract was 60 Bank Street, a townhouse asking $11,500,000, reduced from $13,750,000 when it was listed in April 2022. The 23-foot-wide, 4-story house has 4,350 square feet and is configured as a duplex with 4 units on the upper floors. It has a south-facing garden and a roof deck. The house was in contract in May 2023, but the deal fell through, and it was re-listed in December. Annual real estate taxes are $80,003.