Luxury

26 contracts were signed on units priced at or above $4M, versus 45 in May and 40 last year.

Only two of those 26 contracts were signed in Brooklyn, but they were strong by the borough’s standards, at $7.45M and $8.75M.

Seven deals were on residences asking $10M or more, and one reached the $20M mark.

Notable Deals

1. 111 West 57th Street - Unit 39 - asking $20.5M
   3-bed asking $4,564 PSF

2. Central Park Tower - Unit 62E - asking $18.9M
   3-bed asking $5,618 PSF

3. Central Park Tower - Unit 90W - asking $16.5M
   3-bed asking $5,369 PSF

Manhattan

99 contracts were signed in June, compared to 94 last month and 156 last year. The median sale price was $2,555,000, and the median PPSF was $2,126.

No new sponsor units were launched this month.

Top Performer by Contract Volume

The Willow
The Willow reported eight contracts for one- and three-bedroom residences priced from $1.275M to $4.45M. Compass Development Marketing Group launched the 69-unit development in March and reports that 16 apartments are under contract.

Brooklyn

73 contracts were signed in June, compared to 76 last month and 65 last year. The median sale price was $1,450,000, and the median PPSF was $1,382.

Eight projects launched sales, adding 76 new sponsor units in total.

Top Performer by Contract Volume

One Domino Square
One Domino Square reported eight contracts for one-, two-, and three-bedroom residences priced from $1.85M to $7.45M. Two Trees launched their 160-unit development last May and kept sales and marketing in-house. They report that 59 apartments have sold, with another 13 under contract.