Since 2003, I have provided a chart that appears once a month in the Economic Spotlight section of Crain’s New York Business magazine. Here is this month’s chart appearing in the current issue of Crain’s New York Business.
Go here for a complete archive of all my Crains’s New York Economic Spotlight charts. They are organized by year.
Tags: Crains New York Business
Will this lead to more volatile prices?
Co-op owners sell less often than condo owners, right? Plus, there are less people willing (or able) to buy co-ops (due to the co-op boards’ requirements, large down payments, regulations, etc.).
Will general market conditions affect Manhattan, just like everywhere else?
Does your data indicate what % of the condo sales were new construction?
the manhattan real estate market valies are just fine–the wall street bonuses will arrive soon and another spike in value will occur. Even without it the values are there and the demand is, as well. There is not place for money to be safe, on this planet but in brink and morter–manhattan–that is it.
Not the Boroughs –just manhattan, period
RIchard Russell PresdientCeo The Richland Group http://www.richlandequity.com