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...
Category - Research
Marketproof’s real estate reports use our wide set of data to look at activity over time, neighborhood trends, market conditions, and more, all with expert analysis.
Manhattan Resale & New Development All Cash Buyers Tracking Chart (March 2024 Update)
How has the % of cash buyers for Manhattan’s new development and resale condos changed over time? Mar 2024 UPDATE: After a dip earlier in the year, % of cash buyers surged upward in March for both new dev and...
Report: Manhattan Luxe New Dev Market Still Hot in September
The weather is cooling off, but Manhattan’s luxury new development market didn’t get the memo. Though new dev condo sales dipped slightly citywide in September, those for $4 million and up spiked 30% in Manhattan...
April 2022 Report: Sponsor Contracts Dip, But The Market Is Still Elevated
New York City’s new development market reported 397 sponsor contracts in April 2022, showing a 14% drop in overall volume from March that was more pronounced in the outer boroughs. Manhattan had a slight 3% dip while...
March + Q1 2022 Report: Contracts Spike 15%, Ending Strongest 1st Quarter on Record
New York City’s new development market just completed its strongest first quarter and third most active quarter to date since Marketproof began tracking sponsor contracts in 2015. Condominium projects across Manhattan...
February Report: NYC New Developments Report 26% More Sponsor Contracts; Queens is Gaining an Edge
February was another strong month for new development sales across New York City. Developers reported 402 new sponsor contracts, a 26% increase from the month prior and a 35% increase over the same period last year...
