Monday 24 February 2020

Priciest contract of 2020 is outlier in slumping luxury market

A pair of penthouses that went into contract for a reported $45 million last week marked the priciest signing of the year so far. The trophy units at Ian Bruce Eichner’s Madison Square Park Tower — a package deal totaling 13,060 feet — were first listed in 2014 for $77 million, then at $52 million. The Wall Street Journal, which first reported the deal, said the buyer was a wealthy individual from Asia. The signing



source https://therealdeal.com/2020/02/24/priciest-contract-of-2020-is-outlier-in-slumping-luxury-market/

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