Luxury sales in New York City rebounded significantly after a brief slowdown. A highlighted sale involved an $87.5 million condo in the West Village, which was a record-setting transaction. During the week ending on August 10, 22 contracts were signed for properties priced at $4 million and above, indicating rising demand. The ultra-luxury apartment at 140 Jane Street became the most expensive downtown property sold, showcasing exceptional features. The overall luxury market, however, is facing a slight slowdown with increased listings and fewer pending sales.
Luxury sales in New York City experienced a significant rebound after a slow week, with the highlight being an $87.5 million West Village condo sale in a building under construction.
The sale of the ultra-luxury apartment at 140 Jane Street broke records as the most expensive downtown property sold, emphasizing the allure of its location, size, design quality, terrace, and stunning views.
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