Last week, Manhattan’s luxury real estate market experienced a striking revival—55 contracts were signed at $4 million or more, the highest since November 2021. With a total asking price volume of $400.5 million, this surge signals renewed confidence in the city’s top-tier property segment.
Leading the charge was a rare deal in Lenox Hill, where a buyer secured three six-story townhouses for $34.5 million. Spanning over 20,000 square feet, the buyer plans to combine the residences into one ultra-luxury single-family estate. This megamansion-to-be is a bold statement in the heart of Manhattan's Upper East Side.
The second-largest deal? A $13.89 million condo at One High Line in West Chelsea. The sleek, corner unit spans over 3,100 square feet with 4 bedrooms, a great room, and breathtaking southern and western views. Residents also enjoy top-tier amenities including a 75-foot lap pool, spa, fitness center, and golf simulator.
This activity echoes the boom of 2021—one of the strongest years in luxury real estate history—and positions Manhattan as a continued leader in ultra-prime living.
What This Means for You
The luxury market is not just moving—it’s accelerating. Whether you're a seasoned investor, a discerning buyer, or considering listing your own high-end home, now is the time to align with the right strategy.
Reach out today to explore active listings, upcoming opportunities, or to schedule a private consultation. Let us help you navigate the luxury market with discretion, insight, and unmatched expertise.
