Designed by CentraRuddy, One Essex Crossing (202 Broome Street) is an interplay of architecture and landscape design. One Essex Crossing (202 Broome Street) is a 14-story condominium building developed by L+M...
Author - Kael Goodman
Why NYC New Development Should Be More Transparent
In an unregulated market economy, suppliers sell goods and services at the highest price buyers are willing to pay. If supply increases faster than demand, prices will fall. If demand increases faster than supply...
New Brooklyn condos outsell Manhattan
The NYC new development market suffered three disruptions between 2017 and 2020 that especially affected Manhattan: International buyers looked elsewhere following the 2016 US election,a new mansion tax went into...
New Development Market Report: Oct 5 – Oct 11, 2020
Marketproof is a real estate marketplace for NYC new development condos. It is used by real estate professionals and all kinds of people looking to buy or sell new condos. Only 10% of available new condos are listed on...
New Development Market Report: Sep 21 – 27, 2020
Whereas in last week’s Market Report for September 13-20 there were only 2 contracts signed for units with asking prices between $2M and $5M, in the week of Sep 21-27 there were 14.
New Development Market Report: Sep 14 – 20, 2020
Notably, there were only 2 contracts reported signed between Sep 14 - 20 for units with asking prices between $2M and $5M.
