Luxury Real Estate In New York’s Best Year Ever In Sales

First American News LLC, Raleigh, NC: In case anyone was still worried about New York City is “over,” the news of its best-ever year in luxury home sales should put that concern permanently to rest.

Of the 1,877 contracts signed at $4 million and above, a staggering 400 were signed for properties asking $10 million or more, according to data compiled by Donna Olshan, president of the real estate broker Olshan Realty. “This has gone beyond the golden years of new development in 2013 and 2014 and 2015,” she says. Click here to continue reading on luxury real estate sales in New York at Bloomberg News.

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