According to New York City records, the median price for an apartment in Manhattan for the month of December 2022 was $1,100,000. The price represents a decrease of 6.4% from the median price of $1,175,000 recorded in December 2021. The number of apartment sales dropped dramatically from 1111 to 851 reflecting a year-over-year decrease of 23.4%. December represents the fourth consecutive month that the volume of year-over-year sales have dipped ...
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Despite deep-seated community opposition, The Howard Hughes Corporation (HHC) has finally received approval to build a mixed-use tower on an undeveloped site in the Seaport District in lower Manhattan. The $850 million project will rise 26 floors on a full block parcel between Beekman Street and Pearl Street on the northwest fringe of the district. The base of the building will blend into the historic maritime streetscape that defines the Seaport ...
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The Seaport District sits between the Financial District to the south and the Brooklyn Bridge to the north. The original Seaport designation was limited to the streets east of Water Street from Fletcher Street to Dover Street and incorporated the actual Seaport and the piers. But no more. Today, the neighborhood boundaries have expanded westward toward Park Row and include a surge of new developments in the area ...
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