NYC Market Reports

NYC Market Reports



Annual Manhattan new dev sales could hit $12B by 2020 A weekly feature bringing you the industry’s latest intel

According to this week’s market reports, new development inventory in Manhattan could bring in annual sales worth nearly $12 billion by 2020, and office sales in Manhattan had a dollar volume of $129 billion in the last decade, more than double the next largest market in DC, which came in at $45 billion.


Residential sales | REBNY
The total dollar volume for residential sales in Manhattan decreased by 1 percent in the third quarter, to $13.5 billion, and average home price increased by 1 percent to $987,000. Read the full repo爱上海同城手机版

rt here.

Luxury sales | Olshan Realty
Twenty-five residential contracts were signed last week at $4 million and above, half of which were in new developments, with a total asking dollar volume of $193 million. Read the full report here.

Townhouse sales | Leslie J. Garfield
Between October 28 and Novembe上海龙凤论坛

r 10, 12 townhouses went into contract in Brooklyn and Manhattan, 12 entered the market, and 19 dropped their asking price. Read the full report here.

New development | CityRealty
There are 5,636 new development units expected through 2020 in Manhattan with a total projected sellout of $11.9 billion. Average sales in the third quarter fell to $3.9 million from a high of $6.1 million in 2016. Read the full report here.


Office sales | CommercialCafe
Manhattan saw $128.7 billion in office sales between 2007 and 2017, compared with $118.4 the previous decade. After a low 上海龙凤论坛sh1f

in 2009, the post-recession office market peaked in 2015. Read the full report here.

Tags: Commercial Real爱上海同城

Estate, nyc market reports, Residential Real Estate
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