New Development Drives 24 Contracts at $4M and Up: Olshan Report
Of the 24 luxury pads that went into contract last week, 17 were new condos, according to Olshan Realty’s latest luxury market report.
The No. 2 contract was the penthouse at 224 Mulberry Street. The pad, at Flank Development’s six-unit boutique condo, was asking $23.75 million, down from $28 million when it hit the market in April. Measuring 5,625 square feet, it has four bedrooms, four terraces, two fireplaces and two parking spaces.