Manhattan Market Pulse

Posted by:

Contract activity — the number of signed contracts — is up 10.8% year-over-year, though still 7.2% below the monthly historical average, indicating a market performing slightly below seasonal norms.

The median sales price for a Manhattan apartment stands at $1.1 million, marking a 3.5% annual decline.

Active listings have increased 1.9% compared to last year, while pending sales rose 15.3% year-over-year.

Continue Reading →

0

Flatiron: Prices Unveiled for NYC’s Most Iconic Conversion

Posted by:

Owning a home inside one of New York City’s most recognizable landmarks is now officially possible. The long-awaited conversion of the Flatiron Building is finally revealing its prices. Developers have filed plans outlining 38 luxury residences with a projected sellout of around $375 million. The first 18 units released range from just under $11 million for a 3,000-square-foot (280 m²) apartment to $50 million for a 7,400-square-foot (687 m²) duplex.

spectacular ...

Continue Reading →
0