Real Estate
Manhattan Luxury-Home Demand Sparks a Record Week for Sales
- Buyers flush with stock-market gains are seeking bigger spaces
- Mansion owned by Phil Falcone is among week’s priciest deals
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Manhattan luxury-home sales had their best week of the year as well-heeled buyers stepped up their demand for larger spaces.
In the week through Nov. 21, there were 67 contracts signed for properties priced at $4 million and above, the most for any seven-day period in 2021, according to a report by brokerage Olshan Realty Inc. The dollar value of those deals totaled $613.7 million, the highest weekly tally in data going back to 2006.