M
anhattan's luxury real estate market is thriving as we head into the long weekend. The priciest property on the market is Unit 39A at Billionaires' Row tower, asking a whopping $34.5 million. This 3,100-square-foot apartment has three bedrooms and three bathrooms and was listed last December. The seller purchased the unit off of floor plans in 2015 for $22.8 million, marking a significant profit. Corcoran's Deborah Kern holds the listing for this impressive property.

    Vornado Realty Trust's tower has seen several high-priced resales since closings began in 2018. In fact, two condos in the building recently traded for a staggering $82 million, a 30% increase from their sale prices in 2020. This transaction is one of the most expensive deals so far this year.

    The property made headlines again when billionaire investor David Och sold his 73rd-floor penthouse for a jaw-dropping $188 million. This sale more than doubled the $93 million Och paid for the property in 2019.

    In Chelsea, 217 West 21st Street is the second most expensive home to enter contract, with an asking price of $29 million. This three-story multifamily building, known as the Star Cinema Building, was listed for $34 million in November. The building has a finished basement, two-car garage on the ground floor, an elevator, and a terrace on the second floor. Corcoran's Scott Stewart holds the listing for this unique property.

    Out of the 17 properties that landed signed contracts, 12 were condos, four were co-ops, and one was a townhouse. The total number of contracts was down from 18 in the previous period but was in line with the 10-year average in the week before Labor Day. The combined asking price for these homes was $208 million, which works out to an average price of $12.2 million and a median of $8.9 million. The typical home spent 563 days on the market and received a 12% discount.