Here Are This Year’s 10 Most Expensive NYC Residential Sales
The apartments run the gamut from condos in Midtown to … condos in Midtown.
432 Park Avenue, 82nd Floor.
Source: Hedgerow Exclusive
Nine of this year’s top 10 residential sales in New York City occurred in the first half of 2022, according to data provided by the broker Donna Olshan, who publishes a weekly luxury market report. “Except for one where a contract was signed July 11, everything was signed before June,” she says. (Closings, which can take months, were spread out over the course of the year.)
The front-loading of this year’s top sales is an indication that the very peak of the market is not immune to the macroeconomic conditions affecting the rest of the global economy. “Everyone says interest rate hikes don’t affect the very rich,” Olshan says. “Well, guess what?”