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...
Category - Announcements
The $250M Question: Is NYC’s Ultra-Luxe Real Estate Market Ready for a New Record?
The $250 million Central Park Tower penthouse has the world asking: Is there actually a buyer out there? Gary Barnett, president and founder of Extell Development, seems to think so. This triplex mansion spans 17,545...
New Sales Velocity Tool Shows Which Developments Are on Top
Marketproof subscribers now have access to a new tool for comparing Sales Velocity among NYC new developments. What is sales velocity? Simply put, sales velocity is a measure of how quickly units are selling in a...
Digital Stacking Plans Transform Condo Inventory Visualization
Five months into 2021, the market is finally starting to recover from the COVID economic shock. Let’s add another tool to help fill your meetings and reports: digital stacking plans for thousands of NYC buildings...
Marketproof Announces Commercial and Residential Data Subscriptions
Marketproof, the leading platform for NYC real estate data, has launched Marketproof Data Subscriptions. Data plays an ever-increasing role in helping brokers, developers, contractors, lenders, and other professionals...