Large Residences are in High Demand on Manhattan’s Upper East Side as Buyers Flock to this Iconic New Residential Condominium

Buyers signed contracts on 176 homes in Manhattan priced at $4 million or more in November, up 25% from the 141 deals inked the month prior, according to appraiser Miller Samuel Inc. and brokerage Douglas Elliman. That included condos at The 74 on the Upper East Side and at 53 West 53rd St. on Billionaires’ Row, which were purchased for roughly $24 million each.

The amenity that keeps showing up on must-have lists for buyers and renters is the Pilates studio, and it’s easy to see why.

On the Upper East Side, the penthouse at The 74 entered contract with a $25 million ask in the week's highest-priced new development deal and third-highest overall.

The second-highest sale in all of Manhattan was on the Upper East Side this week, according to market analyzers