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Manhattan Luxury Market Holds Steady | Real Estate News
Description
A jaw-dropping $19 million full-floor condo at 565 Broome Street stole the spotlight this week, featuring Hudson River views, a massive 4,700 sq ft layout, and celebrity-chic amenities like a 55-foot indoor pool and paparazzi-proof driveway. The building’s roster of high-profile buyers—Novak Djokovic, Travis Kalanick—adds to its allure. While luxury sales dipped slightly to $190M in volume, the market remains resilient, with 27 deals over $4M and a median price of $7M, down 6% on average. A $12.5M West 22nd Street townhouse, once owned by Tory Burch and L’Oreal execs, also made waves. Over the past four weeks, luxury transactions have stayed steady at around 126 deals annually, proving the elite market’s enduring strength.
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