Executive Summary This report, Housing Manhattanites, seeks to answer a critical question: Where in our borough can we build the housing that Manhattanites so desperately need? The Housing Emergency The unmet need for...
Author - Marketproof
NYC rental housing search finally makes it easy for you to track what’s coming
Marketproof Pipeline was launched in January 2023 and, in its first few weeks, is already bringing new transparency to the NYC rental housing market. With information on over 7,000 rental projects in all phases of...
NYC New Development Market: 2022 Wrap-up and Predictions for 2023 and Beyond
Predicting the future is a low-probability but fun game. Nonetheless, we have five predictions for the NYC new development market for 2023 and beyond. Before we get into it, let’s take a quick look back at 2021 and 2022...
GET STUFF BUILT: A REPORT OF THE BUILDING AND LAND USE APPROVAL STREAMLINING TASKFORCE (NYC GOV)
“Build Faster” With 100+ Concrete Reforms to Accelerate New Construction Approval Process by Half “Build Everywhere” With Vision for 6,000 New Homes in Bronx, Ambitious Plan to Add Housing in All...
Top Rentals Bringing New Affordable Housing to NYC
In NYC, there are currently 7,970 rental buildings in pre-development or under construction that, if built, would total nearly 100,000 units. Of course, many of these projects won’t come to fruition. Nonetheless, 116 of...
Condo Tax Abatements Offset Pain of Rising Mortgage Rates
With mortgage rates rising alongside inflation, tax abatements are an incentive for New York City condo buyers. An active 421-a tax abatement is a great selling point right now for the new developments that have one...
Talking Manhattan: NYC Rentals with Louis Adler and Robert Rahmanian
Noah Rosenblatt and John Walkup sit down with the co-CEOs of REAL New York, Louis Adler, and Robert Rahmanian, to talk rentals. In a wide-ranging talk, Louis and Robert discuss what’s happening in the NYC rental...
Secret Condos: Finding the Next $250M Penthouse
Manhattan’s trophy condo towers have secret penthouses that aren’t for sale… at least not yet because they need to be priced. Could there be another mansion hiding in the clouds that’s worth $250M...
Find hidden, unpriced new development condos
The $250M penthouse at Central Park Tower was unpriced for six years before Extell unveiled it in September 2022. And there’s more where that came from. Did you know there’s another mega condo just one floor...
Brooklyn’s Condo Market Levels Up
The average price for a two-bedroom condo in Brooklyn has effectively doubled over the past decade – rising from $722K ($648 PSF) in 2012 to $1.25M ($1,141 PSF) in Q3 this year. And it’s not only prices that are rising...
