M
anhattan's luxury market kicked off October with a bang as buyers snapped up 30 homes priced at $4 million or more, a significant increase from the previous period. According to Olshan Realty's weekly report, new development condos led the charge, with 22 deals inked last week, including 17 sold by sponsors - the highest number since May 2022.

    The priciest deals of the week went to a West Village penthouse and a Lenox Hill co-op. Unit PH9A at 90 Morton Street, listed for just under $18 million, was the most expensive home to enter contract. The condo spans 3,700 square feet with three bedrooms and three bathrooms, featuring two landscaped terraces with city and Hudson River views.

    The second most expensive home to find a buyer was a co-op at 765 Park Avenue, listed for just under $15 million. This apartment boasts 14 rooms, including four bedrooms and five bathrooms, as well as a library and four fireplaces. Brown Harris Stevens' John Burger had the listing.

    New development condos dominated the sales, with a total of 22 deals last week. The combined asking price of these homes was $237 million, averaging $8 million per property and a median of $7 million. On average, these homes spent 540 days on the market before selling at an 11 percent discount.