The Waldorf Astoria’s condo conversion continues to move forward. Three years after closing its doors for its transformation, the iconic hotel has launched sales for its 375 condo residences. The new residences will range from studios starting at $1.7 million to four-bedrooms starting at $18.5 million.
Back in 2014, the developers bought the Waldorf for $2 billion, and ...
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The average Manhattan apartment sold between 2010 and 2019 was just under 1,135 square feet, the smallest in more than three decades, according to Miller Samuel’s 10-year report on the Manhattan sales market.
Median sales prices for studio apartments rose by about 23 percent over the 10-year period, while spacious four-bedrooms saw median prices slide by about ...
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Extell has revealed renderings of the Central Park Tower’s 100th floor residential club. Perched over 1,000 feet above Billionaires’ Row, this will be the highest residential lounge in the world.
The club will span 8,300 square feet and include a private ballroom, a dining room, a bar, a full-service kitchen, and a wine and cigar lounge.
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The weak sales market is still a key driver of rental demand and rising rents. The number of new leases fell for the 6th straight month as landlords continued to be more successful at the time of lease renewal, down 2.1% from the same period last year. The |
It’s already been a year since Gov. Andrew Cuomo abruptly called off the dreaded 15-month L train shutdown, replacing it with a “slowdown,” to repair the Canarsie Tunnel.
Back in December 2018, median asking rents in the neighborhood fell to $2,899/month, according to StreetEasy. Then, in early January 2019, when Gov. Cuomo announced that the complete shutdown of the L train ...
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