One57 condo with reduced $16M ask tops a sluggish week of luxury contracts

Luxury contract signings in Manhattan were up last week, but it’s a little too early to celebrate. Fifteen contracts above $4 million were signed between January 13 and 19, according to the Olshan Luxury Market Report. That was four more than the previous week, but signings overall have been sluggish in 2020, with the first two weeks of January marking the worst start to the year in seven years. The figures suggest a continuation of

source https://therealdeal.com/2020/01/20/one57-condo-with-reduced-16m-ask-tops-a-sluggish-week-of-luxury-contracts/