Blocks & Lots

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, a firm that tracks the condo market.

“No matter how we analyze the data, Naftali’s projects are carrying the new development market on the Upper East Side,” Kael Goodman, CEO of Marketproof, said in the firm’s report.

Goodman noted that the asking prices at the two Naftali projects were near the neighborhood’s average of $2,945 per square foot.