New development contracts finished the year with a slight holiday dip, capping off a promising 2021. Buyers signed contracts for 341 new development condos across the city in December, according to a monthly analysis by...
Category - Press
News: Miki Naftali is Winner in Upper East Side Condo Comeback (The Real Deal)
The Benson and another Naftali Group project in the neighborhood, an 83-residence tower at 200 East 83rd Street, account for 45 percent of new development sales in the neighborhood, according to a report by Marketproof...
News: NYC’s Biggest Condo Conversion Bets on Downtown Luxury Revival (Bloomberg)
This year through November, buyers signed 155 contracts for newly built condos in the area, a 63% jump from the first 11 months of 2019, data from Marketproof Inc. show. The average price per square foot of...
News: Condo Sales Are Soaring All Over Manhattan — Except Midtown (Bloomberg)
The stretch of the east and west 50s that includes the towers of Billionaires’ Row is the only section of the borough where new-development sales are lagging behind their pre-pandemic performance. In the first 10 months...
Recent Press: Today’s Must-Have Amenity? A Little Green Space (NYTimes)
From July 1, 2020, through the end of June 2021, sales of new-development units with a private terrace increased by 42.3 percent across the city, and sales of units with a balcony increased about 40 percent, compared...
Recent press: Unit high in world’s tallest condo sells for $28.5M (NY Post)
A 93rd-floor unit in the world’s tallest condo tower has sold for $28.58 million — more than a quarter off the initial asking price of $38.75 million. The buyers are Cindy K. Chan and Hung P. Wong, according to property...
