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Luxury real estate booming on Upper East Side in NYC
The once sedate Upper East Side is suddenly sizzling as luxe home sales are surging after being cratered by the pandemic. More contracts for homes priced at $4 million and up were signed on the Upper East Side than in any other Manhattan neighborhood during the first week of November, according to a report compiled by Donna Olshan of Olshan Realty. Among the eye-popping deals were two penthouse units combined into one with an asking price of $66.5 million. The apartments are in The Bellemont, a condo building at 1165 Madison Ave. designed by famed architect Robert A.M. Stern. An undisclosed buyer snatched up what will become the 13,011-square-foot home…