Posted Aug 13, 2021, 8:12 PM
|
 |
New Yorker for life
|
|
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,914
|
|
No news on this particular tower, but things are trending favorably towards a restart....
https://www.businessinsider.com/nyc-...n-group-2021-8
Rich people are buying up more New York City penthouses now than any other time in the last 14 years
Avery Hartmans
August 13, 2021
Quote:
Penthouse sales have boomed in New York City this year, another sign that the city's real estate market is hotter than ever.
During the first half of 2021, real estate firm Corcoran Group saw 222 penthouse contracts signed, the company's CEO, Pamela Liebman, told Bloomberg's James Tarmy this week.
"That was between January and the end of May, the strongest first half-year of penthouse sales since we've been tracking this, starting 14 years ago," Liebman said.
If sales continue at the same pace, Manhattan could see over 500 penthouse sales in 2021, a feat the city hasn't seen since 2007, pre-
recession
. That year, the city saw 501 penthouse sales, the first and only time more than 500 of the luxury units have sold in the city, according to Mansion Global.
|
Quote:
But penthouse sales are just the tip of the iceberg — Manhattan real estate is hot across the board. According to a recent report from brokerage Douglas Elliman and real-estate appraiser Miller Samuel, prices are soaring and more people are buying in New York.
The report found that the median sale price in Manhattan reached its highest level in eight quarters during the second quarter 2021, and that the borough recorded more sales during that same period than any other time in the past six years.
|
https://au.roberts.co/projects/45-broad-street/
__________________
NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
|