The NYC real estate market currently boasts a high supply of new Manhattan and Brooklyn condos. Marketproof tracks condo buildings, including those under construction, currently selling, and those that have moved on to...
Category - News
Blocks & Lots news updates cover NYC real estate happenings and trends with the added insight of Marketproof data and in-house experts.
Elad Group’s $87M Charlie West bulk condo deal by the numbers
The Elad Group is selling 70 condo units at its Charlie West tower for $87 million to Tishman Realty, The Real Deal reported. Elad has developed numerous residential projects in New York but is best known for its...
What HFZ Lost to CIM in Foreclosure of 4 NYC Condos
HFZ lost control of four conversion condominiums, ceding the buildings to mezzanine lender CIM Group, according to a report by The Real Deal. Marketproof New Development data reveals precisely what HFZ lost to CIM Group...
How supertall NYC condos are selling
Supertall NYC condos are symbols of the greatest luxury, sculpting Manhattan’s skyline and attracting the upper crust from both hemispheres. But beneath the sheen of a more than $3B building may lie water damage...
Bulk condo buying strategies, explained
Bulk condo buying strategies evolve over the life cycle of a new development. As the developer sells more units, they face different incentives when it comes to negotiating with buyers. In this article, we outline the...
Does this Mega-Deal Signal the Comeback of Ultra-Luxury NYC Real Estate?
For one Upper East Side resident, a casual walk around the neighborhood led to among the year’s biggest real estate deals. The unnamed buyer took down the phone number of a developer of a property under...
