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New Developments

Toren

Toren

Downtown Brooklyn
Sales: 19 active, 83 in contract and 22 previous
The SteelWorks Lofts

The SteelWorks Lofts

Williamsburg
Sales: 15 active
129 Metropolitan Avenue

129 Metropolitan Avenue

Williamsburg
Sales: 7 active and 2 previous

Street Fact

Downtown Condo Listings Snapshot

 Size (ft²)$ per ft²Price
Studio 660 1,264 725,000
1 BR 827 1,293 1,145,000
2 BR 1,405 1,422 2,100,000
3 BR 2,248 1,654 3,897,500
4+ BR 3,581 1,861 8,495,000
Medians for listings from past 60 days from StreetEasy data. Excludes some extraordinary properties. No representation is made as to the accuracy of this data.

Featured Listings

21 South End Avenue #202

$750,000

1 bed   1 baths
810 ft²

21 South End Avenue #202

Condo, Battery Park City
Listed by Elliman
67 East 11th Street #617

$650,000

1 bed   1 baths

67 East 11th Street #617

Co-op, Greenwich Village
Listed by Elliman
306 Gold Street in Downtown Brooklyn

insiders only

11/13/2008
2 beds   2 baths   1,320 ft²

306 Gold Street #24C

Condo, Downtown Brooklyn
$545,000
40 West 72nd Street #54 in Lincoln Square
$432,000
467 Pacific Street #15 in Downtown Brooklyn
$485,000
99 Bank Street #2M in West Village
$480,000
Become an Insider(*) to search all recorded sales.

open house planner Open Houses

$1,850,000
320 West 76th Street #5E   3 beds
Sun, Nov 23 (9:00 - 12:00)
$835,000
230 Riverside Drive #4K   1 bed   675 ft²
Sun, Nov 23 (10:00 - 11:30)
$770,000
640 West 237th Street #3C   1 bed   959 ft²
Sun, Nov 23 (10:00 - 4:00)
$2,600,000
45 Park Avenue #1601   2 beds   1,494 ft²
Sun, Nov 23 (10:00 - 11:30)

Bubble Wrap

RSS

Balm for Nervous Buyers

This week’s New York Times describes the new trend of developers offering special protection to buyers against falling prices and other concessions designed to reassure worried buyers.

Sign now, say Mr. Berger and other developers across the city, and if the economy forces future price cuts, at the closing you will be guaranteed the lowest price available to other buyers. The promise is being written into individual sales contracts, and some developers, like Steelwork Lofts, are filing amendments to their offering plans so that they can extend it to all buyers and include it in their advertising.

# posted 7 days ago

More bubble wrap: Bubble wrap is our 'market blog', where we collect interesting news from lots of magazines, newspapers, blogs and other sites.