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Manhattan Just Logged 36 $4 Million Contracts in a Week. The Typical One Sat for a Year.

Manhattan logged 36 contracts on homes asking at least $4 million. The report looks beyond the rebound to long marketing periods and asking-price reductions.

Manhattan Just Logged 36 $4 Million Contracts in a Week. The Typical One Sat for a Year.

Photo: Andy / Unsplash. The San Remo viewed from Central Park. Illustrative Manhattan photograph; not one of the properties discussed. Manhattan's luxury buyers came back last week. They waited a long time to do it. Buyers signed contracts on 36 Manhattan homes asking $4 million or more last week, according to Olshan Realty's weekly luxury report, as reported by The Real Deal. That was up from 28 the week before. It matched the first week of June for the highest…

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