Real Estate
Manhattan Luxury Apartments Are Still Selling
- Number of deals at $4 million-plus tops average for past weeks
- Buyers spurred by low interest rates favor less-costly homes
For now, New Yorkers are still in the mood to buy luxury homes.
Twenty-one contracts were signed for Manhattan apartments priced at $4 million or more last week, even as the coronavirus outbreak canceled public gatherings and had people out scouring for food and cleaning supplies, according to a weekly report from brokerage Olshan Realty Inc.