NewYork
For the first quarter of 2021 new development sales in Manhattan increased by 9% from 2020. In March there were 400 contracts signed for sponsor residences across New York. This total was the most since 2015. [The Real Deal|
A penthouse on the 47th floor of 200 Amsterdam Avenue, the new 52 story skyscraper on the Upper West Side, is in contract. The 3 bedroom 4,000 sqft residence listed for $17.5 million features two large balconies and an expansive layout with floor-to-ceiling windows overlooking Central Park and the Hudson River. Prices in the building currently range from a 19th floor one bedroom two bath 1290 sqft home listed for about $3,075,000 to a four bedroom 4.5 bath 2590 sqft 32nd floor home listed for about $12,290,000. Building amenities include a state of the art fitness center, spa, salt water pool, and private club. [Mansion Global]
From April 11 through April 18, 22 luxury new development apartments, asking $4 million or more, went into contract. The highest 7 day total since February 2018.
Mansion Global reports, the most expensive condo to go to contract was a combo unit at 57-story 378 West End Avenue asking $25.95 million. The full-floor home spans roughly 6,900 square feet with five bedrooms, five bathrooms and two partial baths. The amenities at the newly developed building on the Upper West Side include a doorman, fitness center, pool, full squash court, pet-grooming facilities, half-basketball court, children’s playroom, recording studio and a private garage.
