How has the % of cash buyers for Manhattan’s new development and resale condos changed over time? Feb 2024 UPDATE: % cash buyers for Manhattan new dev and resale condos diverged, with new dev rebounding back to...
Author - Marketproof
Manhattan co-ops maintain sales share, but condos get price premium (Feb 2024 Update)
Since the first Manhattan condo was launched in 1965, nearly 3,000 condos have been developed with 115,000 units. Before condos, though, Manhattan was filled up with co-ops. You might expect that condo sales would have...
The Shocking Similarities Between 2009 and 2023 NYC Real Estate Markets
Guest post by Pierre Debbas Time heals all wounds, but when you look back 15 years ago, we experienced the worst financial crisis in America since the Great Depression. We lived in a world where subprime lending was...
Marketproof – Year-End New Development Reports
Every year, Marketproof releases a year end report on the new development market in NYC. This year-end review delves into the latest trends and provides critical insights and key takeaways about the city’s...
Marketproof – Weekly New Development Newsletters 2023-2024
Each week Marketproof publishes an NYC new development newsletter. These reports provide the most update-to-date info on new development trends. Marketproof Pro subscribers receive these on the day they are published...
Marketproof – Monthly New Development Market Reports
Each month Marketproof publishes an NYC new development market report. They provide timely insight into which projects are getting the most sales. They also include a building of the month or actionable research...
Closings Have Commenced At One11 Residences At Thompson Central Park
GFI Development, a New York-based real estate developer, announced on December 5, 2023, that closings have commenced at ONE11 Residences at Thompson Central Park, located adjacent to Billionaire’s Row at 111 West 56th...
REBNY Universal Co-brokerage Agreement: Jan 2024 Update
The REBNY Listing Service Universal Co-brokerage Agreement Rules and Regulations state the rules for co-broking in New York City. Co-broking is when a home buyer and seller’s brokers coordinate a deal. REBNY-Universal...
The Rise of Boutique Condos in Brooklyn
Boutique condominiums, usually with 10 or fewer homes in them, make up almost half of all the new housing supply in NYC. When we look at the developments that are currently being planned, Marketproof projects that...
Announcing Marketproof Pro: Even More Coverage of New Devs & Resales
We are thrilled to announce that Marketproof has expanded the scope of Marketproof New Development to provide an even more comprehensive solution for NYC real estate professionals. The new solution is called Marketproof...