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Street Fact
Manhattan Condo Listings Snapshot
| Size (ft²) | $ per ft² | Price | |
| Studio | 543 | 1,123 | 599,000 |
| 1 BR | 791 | 1,094 | 860,000 |
| 2 BR | 1,300 | 1,208 | 1,595,000 |
| 3 BR | 1,955 | 1,428 | 2,930,000 |
| 4+ BR | 3,100 | 1,729 | 5,675,000 |
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Featured Listings
$795,000
1 bed 1 bath750 ft²
250 Mercer Street #C616
Co-op, NohoListed by Prudential Elliman
Open House: Sun, Nov 22 (12:00 - 1:30)
to search all recorded sales.Latest Discussions
- Sales: Is it just me or has the market really turned? (86)
- Renovation: cost for interior design - calling kylewest and others (19)
- Sales: kitchen and bath showrooms (6)
- Financing: Subject to gift tax? (1)
- Sales: How Significant are Price Drops to Just Below Search Limits (16)
- Sales: Capital Gains on Real Estate (9)
- Brokers: Why do some sellers not want video? Somebody please explain (25)
- Sales: US Housing Crash Continues. It's Still A Terrible Time To Buy (11)
- Sales: Worst month of job losses since last December (8)
- Sales: city labor costs out of control (2)
- Rentals: Moving to NYC next fall, looking for advice (14)
- Sales: 50 Park 15H (12)
- Sales: Unemployment time series map (8)
- Sales: roosevelt island (4)
- Sales: Sale at 24 Fifth Avenue #PH1701 (21)
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Bubble Wrap
New York could see a double dip in residential market
The November issue of The Real Deal includes an article with an array of analysts predicting where housing in New York is going over the next year with many forecasting a second round to the downturn.
The biggest problem New York is facing is unemployment. According to the state Comptroller’s office, the city shed 115,700 jobs as of June and is expected to hit 328,000 jobs losses – 47,000 of them in the securities industry – by the third quarter of 2010, boosting an unemployment rate that has already hit 10.3 percent.
Jonathan Miller, the president of appraisal firm Miller Samuel, said there has never been an economic recovery in New York at the same time that the finance sector was suffering.
More bubble wrap: Bubble wrap is our 'market blog', where we collect interesting news from lots of magazines, newspapers, blogs and other sites.
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Street News
Top 150 Deals November'09
Our research team prepared a list of properties for sale priced significantly below market that was recently unveiled at Observer Living: Top Deals in NYC. The list is now available online to quickly find these deals and for those who couldn’t make it to the show.
