Wealthy buyers ramped up spending on Manhattan condos in Q2, with deals over $10 million jumping 67% year-over-year, according to Compass. The top sale was a $46.9 million triplex at 111 West 57th Street. Two Central Park Tower units also landed among the top five, including one resale at $39.5 million. All-cash purchases surged, signaling confidence in the market’s long-term prospects. Meanwhile, Compass is escalating its opposition to NAR’s MLS rules, pushing for more private exclusives—a shift that could challenge smaller brokerages, though it’s less impactful in NYC where a centralized MLS doesn’t exist.
111 West 57th Street
