New Development Manhattan Market Update
First
Quarter 2013 had ten new development properties
opening for sales totaling 762 units. Projections indicate 58 new
development properties totaling 2,432
units will begin sales in 2013.
While this would be the highest level introduced since 2007, it is still far below the over 8,000 units introduced that year. The average size of new developments in 2013 will be 42 units; in contrast, during 2005 the same number of new developments launched, with an average size of 94 units.
While this would be the highest level introduced since 2007, it is still far below the over 8,000 units introduced that year. The average size of new developments in 2013 will be 42 units; in contrast, during 2005 the same number of new developments launched, with an average size of 94 units.
(Source: Corcoran Sunshine Fourth Quarter 2012 Market Report)
New Development Site News
The Aldyn is down to its last 6 units, 1 of which being an expansive
penthouse totaling 5,847 sq ft with views of the Hudson River. The
Penthouse, unit 2102, is listed at
$16,900,000 and has 7 bedrooms, 9.5 bathrooms, a pool, and a spa.
Coming Sites
56 Leonard
|
Q1 2013
|
Printing House
|
Q1 2013
|
Baccarat Hotel & Residences
|
Q2 2013
|
Halcyon/East 51st Street
|
Q2 2013
|
93 Reade
|
Q3 2013
|
361 Broadway
|
Q4 2013
|
Four Seasons
|
2014
|
Tower Verre
|
2014
|
West Village Residences
|
2014
|
Current Sites
Building Name
|
Building Address
|
Phone
|
Estimated Occupancy
|
101 West 87th Street
|
101 West 87th Street
|
212-877-8707
|
Fall 2013
|
135 East 79th Street
|
135 East 79th Street
|
212-505-7900
|
Fall 2013
|
345meatpacking
|
345 West 14th Street
|
212-647-0345
|
Summer 2013
|
350 West Broadway
|
350 West Broadway
|
212-941-0350
|
Immediate Occupancy
|
Huys
|
404 Park Avenue South
|
212-725-0404
|
January 2014
|
422 West 20th Street
|
422 West 20th Street
|
212-242-0422
|
Immediate Occupancy
|
455 West 20th Street
|
455 West 20th Street
|
212-727-0455
|
Fall 2013
|
515E72
|
515 East 72nd Street
|
212-772-2722
|
Immediate Occupancy
|
Chelsea Green
|
151 West 21st Street
|
212-242-0151
|
Winter 2013
|
Manhattan House
|
200 East 66th Street
|
212-566-0660
|
Immediate Occupancy
|
One Rector Park
|
333 Rector Place
|
212-945-3330
|
Immediate Occupancy
|
The Aldyn
|
60 Riverside Boulevard
|
212-579-6006
|
Immediate Occupancy
|
The Apthorp
|
390 West End Avenue
|
212-799-2211
|
Immediate Occupancy
|
The Laurel
|
400 East 67th Street
|
212-750-5550
|
Immediate Occupancy
|
The Mark
|
25 East 77th Street
|
212-772-1600
|
Immediate Occupancy
|
The Rushmore
|
80 Riverside Boulevard
|
212-496-1400
|
Immediate Occupancy
|
The Watchcase Factory
|
15 Church Street Sag Harbor
|
631-725-7200
|
Spring 2014
|
Warren Lofts
|
37 Warren Street
|
212-571-3700
|
Spring 2013
|
google +
Posts
comments
0 Responses to "Manhattan New Development Market Update"Post a Comment
All related comments are welcome. Spam will be deleted.