Manhattan’s luxury market cooled off last week following a burst of dealmaking around New York City’s mayoral election.  Buyers signed contracts for just 25 properties asking $4 million or more between Nov. 10 and Nov. 16, according to Olshan Realty’s weekly report. Though the total was significantly less than 41 contracts in the previous period, the number of pending deals was on par with last year’s weekly average.  Even with the dip, 2025 is shaping up to be the second-best year for the borough’s luxury market since Olshan began tracking deals nearly two decades ago. So far this year, buyers […]

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