NewYork
A loft penthouse duplex at 140 Franklin Street with over 5,000 sqft of interior space and a 2,200 sqft landscaped terrace sold for $14.5 million. The 4 bedroom 3.5 bath residence was initially purchased for $10.75 million in 2018. The grand double height living room features a skylight, original cast iron columns and a wood burning fireplace. 140 Franklin Street was built in 1887 in the Romanesque Revival style and converted to a boutique full service condominium in 2000. [NY Post]
A corner 2,697 sqft 3 BR 3.5 Bath on the 27th floor of the Upper East Side new development Beckford Tower sold for $6.6 million. The residence was originally listed by the sponsor for $7.49 million.
Beckford Tower is located at 301 East 80th Street. Amenities include a piano bar and lounge, a party room with a catering kitchen, an Art Deco-inspired pool area, a fitness center with yoga and training studios and a half-court for basketball. The building is designed by Studio Sofield and developed by Icon Realty Management. [NY Post]
In the seven days through Sunday August 15, there were 33 contracts signed in Manhattan for residences priced for $4 million and above. Of those luxury contracts 79% or 26 were condos, 4 were townhouses and 3 were co-ops. During the prior week condos accounted for 75% of luxury contracts. Condos have outsold co-ops in every week of 2021. [Mansion Global]