Blocks & Lots

REPORT: UPPER EAST SIDE NEW DEVELOPMENT ANALYSIS

NAFTALI GROUP’S PROJECTS OUTPERFORM THE MARKET

Marketproof New Development conducted an analysis of sponsor-controlled buildings on the Upper East Side that have reported at least one sale.

What did we find? 200 East 83rd Street and The Benson (1045 Madison Avenue) stand out with the strongest sales velocity, accounting for nearly 45% of neighborhood sales. Both projects are developed or co-developed by Naftali Group and feature a more classical architecture style.

Read the complete report, which analyzes market performance according to key metrics such as monthly absorption rate, average asking price per square foot, and percent sold for the neighborhood’s top producers.

Marketproof