In Manhattan, during the month of April, 164 luxury homes asking $4 million or more went into contract compared with 4 deals in April 2020, a 4,000% increase. [Mansion Global]
Manhattan 7 day luxury deal volume from April 4 to April 11 tops $454.92 Million. The best total since 2013. Mansion Global reports: “The last seven days notched roughly the same number of signed contracts for homes asking $4 million or more as the whole 13-week shutdown last March, when the Covid-19 pandemic first gripped the city.”
TriBeCa is characterized by a strong sense of community and restaurants like Bubby’s, China Blue, the Greek and the Locanda Verde. The Hudson River Park with the Pier 25 volleyball courts and playgrounds border the neighborhood to the West. Cultural Attractions include the TriBeCa Film Festival.
Glass Condominium towers like 111 Murray Street contrast with converted warehouses along cobblestone streets. At 111 Murray Street prices range from about $8,250,000 for a 53rd floor 3,037 sqft 3 bedroom to about $40,000,000 for a 5 bedroom 7,488 sqft penthouse. [NYT]