Luxury
By Oshrat Carmiel Sales at One57, the ultra-luxury Manhattan condominium tower that set off a high-end residential construction boom, have slowed to a trickle amid competition from newer properties reaching the market. Only two units at Extell Development Co.’s Midtown…
Read moreManhattan apartment sales surged in the busiest start to a year since 2007, setting price records as buyers vied for a limited supply of homes for sale and deals were completed at new high-end developments. Sales of co-ops and condominiums…
Read moreThere is little relief in sight for Manhattan apartment hunters, brokers and analysts said, as low inventory and high demand have driven up prices to near or above record levels.
Read moreManhattan’s residential real-estate boom may be back. Co-op and condo prices have powered higher so far his year at or above the levels recorded in the spring of 2008, when prices last peaked—only to crash a few months later. This…
Read moreManhattan brokers released reports revealing that Manhattan’s luxury real estate market is thriving. The prices in Manhattan were “the highest average sales prices” ever recorded for the typically slow fourth quarter and the median sale price of a condo or coop…
Read moreThe sale price of Manhattan condominiums set a record in 2013, fueled by trophy properties that helped push prices higher than even the last real-estate boom, city records show. They were driven higher by closings in new condominiums such as…
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