The Upper East Side, in decline throughout the latter part of last year, has skyrocketed in price over the last few months. According to the latest CityRealty monthly market report, the neighborhood held the second highest-grossing May sales in Manhattan, led by three top listings.
- The Upper East Side held the second highest-grossing May sales in Manhattan, led by three top listings.
- A $52 million condo at 4 E. 66th St. went off the market last month, making it the most expensive co-op sale of 2016 and the seventh most expensive co-op in Manhattan history.
- While Downtown held 49 percent of Manhattan’s total May sales for a gross $621 million, the Upper East Side came in second with 23 percent of sales.
- The number of total sales in the borough dwindled to 751 from 955 sales in April.