Manhattan’s luxury residential market was red-hot last week, with 26 contracts signed at $4 million and above, according to Olshan Realty’s weekly market report. That was the most activity for the last week of July since Olshan started keeping track in 2006. But on the flipside, luxury homes spent an average of a whopping 536 days on the market. And almost half of last week’s luxury contracts were sold by developers, with an average discount […]
source https://therealdeal.com/2018/07/30/manhattans-luxe-resi-market-notched-26-contracts-last-week-olshan/
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