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211 East 51st Street
Sutton PlaceSales: 29 active, 1 in contract and 75 previous
Rentals: 3 active and 10 previous
Street Fact
Manhattan Condo Listings Snapshot
| Size (ft²) | $ per ft² | Price | |
| Studio | 543 | 1,129 | 599,000 |
| 1 BR | 791 | 1,094 | 850,000 |
| 2 BR | 1,299 | 1,218 | 1,599,000 |
| 3 BR | 1,963 | 1,467 | 2,995,000 |
| 4+ BR | 3,200 | 1,773 | 5,850,000 |
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Featured Listings
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$700,000
1 bed 1 bath850 ft²
$589,000
1 bed 1.5 baths1,110 ft²
Latest Discussions
- Sales: Cold Feet re: Apartment Purchase (94)
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- Market: Tishman Group Nears Restructuring or Sale of Stuyvesant Town (22)
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open house planner Open Houses
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.

