The New York City apartments that fetched the highest prices are all above Manhattan’s 56th Street – and six are on, or next to, Billionaire’s Row.
| Nine of this year’s top 10 residential sales in New York City occurred in the first half of 2022, according to data provided by broker Donna Olshan, who publishes a weekly luxury market report. “Except for one where a contract was signed July 11, everything was signed before June,” she says.
Overall, this year’s top 10 sales totalled $US640.8 million . All took place above Manhattan’s 56th Street, and six of 10 are on, or next to, Billionaire’s Row on 57th Street. “Quite frankly, there are other areas that are easier to live in, in terms of walking around the neighbourhood, but that’s not what these people are looking for. They’re looking for a hotel-equivalent private residence with a huge number of amenities.”Olshan’s list is derived from publicly available sales data; only three of the top 10 had official asking prices, and each required a price cut ranging from nearly 22 per cent to 8 per cent, to sell.
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