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LUXURY MARKET REPORT
April 12-18, 2021
Forty-seven contracts were signed last week, another dazzling performance in the luxury market, which extends the record-breaking streak of 30 or more deals to 11 weeks in a row—the longest such streak since we started recording the Olshan Report in 2006.

Stat Geek Alert: Twenty-two out of 36 condo contracts were inked by developers. It was the biggest week of sponsor sales since the middle of February 2018.

The No. 1 contract is in a new condo that recently started marketing: 16A/16B at 378 West End Avenue, asking $25,950,000. It spans the entire floor with 6,901 square feet and includes 5 bedrooms, 5 bathrooms, and 2 powder rooms. The unit is surrounded by terraces and balconies that total 2,349 square feet. The building is being designed by CookFox and developed by Alchemy Properties, which is combining the apartments for the buyers. This 57-unit building features over 11,000 ...

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