According to New York City records, the median price for an apartment in Manhattan for the month of February 2023 was $1,075,000. The price represents a decrease of 2.3% from the median price of $1,100,000 recorded in February 2022. The number of apartment sales dropped dramatically from 985 to 649 reflecting a year-over-year decrease of 34.1%. February represents the sixth consecutive month that the volume of year-over-year sales have dipped in ...
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According to New York City records, the median price for an apartment in Brooklyn in the month of February 2023 was $657,000. The price represents a 13.8% drop from last year’s median of $761,844. The number of sales for the month fell significantly, plunging from 474 to 296 representing a year-over-year decrease of 38%. February is the fifth consecutive month that the number of year-over-year sales has dropped in Brooklyn by ...
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Sales have been launched at 733 Ocean Parkway, aka Arbor, a new residential condominium in Kensington, Brooklyn. The mid-block development is located between Parkville Avenue and Foster Avenue. 733 Ocean Parkway will rise nine floors and contain 30 residential apartments across floors two through nine. According to the offering plan, the residential component of 733 Ocean Parkway will have a sell out of $21.976 million. There are an additional seven deeded parking ...
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Rentals have been launched at 243 West 28th Street, aka Ruby, in the Chelsea neighborhood of Manhattan. This mid-block property is located between Seventh Avenue and Eighth Avenue and sits directly across from the Fashion Institute of Technology. The Ruby consists of two 22-story towers separated by an interior courtyard. The property's footprint extends through the block and has frontage on both 28th Street and 29th Street. The building offers ...
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Permits have been filed for a 29-story mixed-use building at 4 East 49th Street (aka 607-609 Fifth Avenue) at the southeast corner of Fifth Avenue and 49th Street in midtown Manhattan. The corner parcel is located across the street from two iconic properties, the Saks and Co. building which houses Saks Fifth Avenue and the Rockefeller Center complex. The proposed 400-foot tall tower will total 192,174 square feet and include both ...
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