"The most expensive home to land an inked deal was a penthouse at the Naftali Group's 255 East 77th Street, asking $24 million. The 5,500-square-foot condo, which hit the market in August, has six bedrooms and six bathrooms. Unit PHC also features a formal dining room, views of Central Park and two loggias. It's one of 62 units in the Upper East Side development, 51 of which have found buyers with asking prices averaging roughly $2,800 per square foot."
"The second priciest home to find a buyer was a condo at 160 West 12th Street, asking $15 million. The apartment, which hit the market in September, last traded for $10 million in 2016. Unit 104 spans 2,900 square feet and has three bedrooms and three bathrooms. It also features a landscaped terrace, wood-paneled library and windowed chef's kitchen."
Manhattan's luxury market cooled last week following a burst of dealmaking around the mayoral election, with buyers signing contracts for 25 properties asking $4 million or more between Nov. 10 and Nov. 16. The total was significantly less than 41 contracts in the previous period, though pending deals matched last year's weekly average. 2025 is shaping up to be the second-best year since Olshan began tracking deals nearly two decades ago, with more than 1,320 luxury homes in contract so far, surpassing under 1,300 in all of 2024. Top transactions included a $24 million penthouse at 255 East 77th Street and a $15 million condo at 160 West 12th Street, both featuring multiple bedrooms, high-end finishes and building amenities such as pools and fitness centers.
Read at therealdeal.com
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