In 2021 the new development projects with the most contract sales volume by list price were Central Park Tower, 200 East 83rd Street, 200 Amsterdam Avenue, Lantern House, and 109 East 79th Street. [The Real Deal]
In Manhattan, there were $7 billion worth of contracts signed for new developments during 2021, a 299% increase from 2020, and a 155% increase from 2019 when contract volume was a more typical $4.5 billion. [Mansion Global]
In Manhattan during 2021, there were 1,877 sales of properties priced at $4 million and above. The number of transactions was a 300% increase from 2020 and twice as much as 2019. The 2021 luxury sales volume was $15.9 billion. These totals are the highest on record since 2006 when the data collection began. The average price for a luxury residence in Manhattan was $8.5 million this year compared to $7.9 million in 2020.
There were 400 contracts signed for residences priced at $10 million and above in Manhattan during 2021, far surpassing the previous record of 270, set in 2014. [Mansion Global]