Real Estate
Manhattan Luxury-Home Buyers Come Back, Lured by Deep Discounts
- Contracts in past three months surpass same period last year
- Buyers who left for suburbs are getting bored, developer says
Contracts to buy Manhattan luxury homes are faring well even in the pandemic, with more deals signed in the past three months than in the same period last year.
There were 227 contracts for homes priced at $4 million or more from Sept. 1 to Dec. 6, according to a report Monday by brokerage Olshan Realty. A year ago, there were 219.