Manhattan | August 2022

According to New York City records, the median price for an apartment in Manhattan in the month of August 2022 was $1,175,000 The price represents an increase of 9.6% from last year’s median price of $1,072,500. The number of sales increased from 1308 to 1,546 representing a year-over-year increase of 18%. What exactly does $1.175 million get you in Manhattan?  Let’s take a closer look. Apartment 1518 at 7 East 14th Street, ...

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Brooklyn | August 2022

According to New York City records, the median price for an apartment in Brooklyn in the month of August was $775,000. The price represents a marginal drop of 1.1% from last year’s median price of $784,017. The number of sales basically stayed the same, inching upwards from 642 to 648.  What exactly does $775,000 get you in Brooklyn? Today, we’re going to look at a Clinton Hill charmer.  Apartment 3-I at 277 ...

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255 East 77th Street, Manhattan

The Naftali Group has filed permits for a 36-story residential development at the northwest corner of Second Avenue and East 77th Street.  The 475-foot tall tower will contain 55 apartments averaging more than 3,000 square feet per residence. The Naftali Group is well known for its penchant for developing luxury condominiums.  The company’s recent success on the Upper East Side followed the same formula - large uber luxury apartments in prime ...

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The North launches sales in North Williamsburg

Sales have been launched at The North, a new boutique condominium in the Williamsburg neighborhood of Brooklyn.  The mid-block development at 526 Union Avenue is located between Withers Street and Jackson Street, three blocks south of McCarren Park.  This area of North Williamsburg has seen a flurry of new development in the recent past, including multiple projects along this stretch of Union Avenue.   The seven-story building offers 44 residential units and has ...

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439-443 West 36th Street, Manhattan

Permits have been filed for a 12-story mixed-use building at 439-443 West 36th Street in the Hudson Yards neighborhood of Manhattan.  The mid-block parcel is located between Dyer Avenue and 10th Avenue, just west of the entrance lanes to the Lincoln Tunnel.  The proposed 120-foot tall development will total 48,138 square feet and include residential, commercial, and community space.  The residential component will comprise the bulk of the build-out with 44,510 ...

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