Positive Results for Manhattan Condo Market

Apr 8, 2015 8:38:06 PM

The Manhattan condo market results for Q1 2015 are in and the results were quite positive, setting the tone for a good 2015. During the quarter, Manhattan had the highest number of sales for any first quarter in over 6 years and closed sales increased 12% vs. the same period in 2014. Inventory tightened further, as days on the market dropped. The market continues to be undersupplied, but 2015 may bring some relief in terms of new development. However, with activity so high - buyers signed contracts at a record pace in the quarter for properties priced over $4 million during the quarter – we believe 2015 will still be a seller’s market.

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111 West 57 Street NY Condos Revealed

Mar 31, 2015 11:10:36 AM

111 West 57 Street NY condos, the world’s skinniest tower, aka the Steinway tower, will officially start sales by the end of May. As we get closer to the launch, more info is now available about the project. For one, the height is going to be 1,428 feet tall, which is considerably higher than its neighbor One57, which is 1,005 feet tall. This will make it one of the tallest in NYC, however, it will be a bit shorter than 217 West 57 Street, which is anticipated to come in at 1,500 feet tall.

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New York Ultra Luxury Homes Come to Midtown Manhattan

Mar 28, 2015 7:07:39 PM

We see the Financial Times is catching up to what has been happening in Manhattan’s ultra-luxury segment. And, while they are correct in that there will be a lot of New York ultra luxury homes coming to the Midtown / 57th Street corridor, long-term demand for this sliver of the market should remain quite high if the projected increase in global Ultra High Net Worth Individuals (UHNWIs) has anything to do with it.

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Manhattan Condo Market Inventory Hits a Record Low

Mar 27, 2015 7:13:19 PM

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New York City Population Rises to Nearly 8.5 Million

Mar 27, 2015 9:30:00 AM

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A New York Skyscraper Will Have Built-In Parks

Mar 26, 2015 7:25:41 PM

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1110 Park Avenue Luxury Condos Hit The Market

Mar 24, 2015 8:17:25 PM

1110 Park Avenue is a boutique condominium that features only nine residences in New York. Each unit boasts great views of Park Avenue with all of its greenery, through oversized windows. The design of the buildings is very classic and in keeping in line with those trophy buildings in the immediate neighborhood.

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A sneak peek on 220 Central Park South prices

Mar 22, 2015 6:46:42 PM

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New York Condo Amenities Aim to keep residents' kids busy

Mar 20, 2015 7:43:58 PM

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Chinese investors buying New York Real Estate

Mar 12, 2015 5:52:47 PM

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