E
xtell Development's Lincoln Square tower secured the top contract in Manhattan's luxury market during a slow holiday week, with Unit 52E at 50 West 66th Street selling for $54.5 million. This makes it the most expensive home to find a buyer between November 25 and December 1, according to Olshan Realty's weekly report. The 7,000-square-foot apartment boasts five bedrooms, five bathrooms, two loggias, an eat-in kitchen, and a great room overlooking Central Park.

    The building features a range of amenities including a fitness center, indoor and outdoor pools, pickleball courts, and a screening room. Douglas Elliman's Janice Chang and Timothy Hsu had the listing for this unit, which is the sixth residence in the building to land among the top two contracts in weekly reports so far this year.

    The 122-unit building has faced legal issues since 2019, including a lawsuit from the Nonprofit City Club of New York over alleged zoning violations and safety concerns. The law firm Freedman Normand Friedland also sued Extell earlier this year for allegedly unpaid legal bills connected to previous litigation.

    In other luxury deals, Unit 2B at 140 Franklin Street in Tribeca entered contract with an asking price of just under $17 million. This loft condo spans 6,200 square feet and features six bedrooms, four bathrooms, a library, eat-in kitchen, and a fireplace in the great room. Compass' Eric Brown had the listing for this property.

    A total of 19 properties asking $4 million or more landed deals during the quieter week of Thanksgiving, with condos making up 13 of these sales. The combined asking price of these homes was $197 million, averaging out to $10 million per home and a median of $7 million.