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New Developments

246 West 17th Street

246 West 17th Street

Chelsea
Sales: 6 active, 14 in contract and 39 previous
Rentals: 2 active
The Indigo Condominium

The Indigo Condominium

Chelsea
Sales: 7 active and 13 previous
Rentals: 1 active and 6 previous
The SteelWorks Lofts

The SteelWorks Lofts

Williamsburg
Sales: 15 active

Street Fact

Downtown Condo Listings Snapshot

 Size (ft²)$ per ft²Price
Studio 660 1,266 725,000
1 BR 830 1,292 1,147,500
2 BR 1,415 1,421 2,100,000
3 BR 2,241 1,649 3,865,000
4+ BR 3,590 1,845 8,397,500
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

372 Fifth Avenue #5F

$999,000

2 beds   2 baths
1,400 ft²

372 Fifth Avenue #5F

Co-op, Midtown South
Listed by Elliman
173 Perry Street #4N

$5,150,000

2 beds   2 baths
1,853 ft²

173 Perry Street #4N

Condo, West Village
Listed by Elliman
EXCELLENT TWO BEDROOM VALUE

insiders only

11/12/2008
2 beds   1 baths   1,100 ft²

550 Grand Street #G3B

Co-op, Lower East Side
$435,000
330 Third Avenue #15L in Kips Bay
$735,000
14 4th Street #3A in Carroll Gardens
$435,000
371 Fort Washington Avenue #5-F in Washington Heights
$1,090,000
1 Hanson Place #12K in Fort Greene
Become an Insider(*) to search all recorded sales.

open house planner Open Houses

$1,025,990
509 48th Avenue #3A   3 beds   1,542 ft²
Wed, Nov 19 (10:00 - 6:00)
$2,785,000
101 West 87th Street #6M   2 beds   1,487 ft²
Wed, Nov 19 (10:00 - 6:00)
$705,000
133 -04 39th Avenue #PH3M (T3)   2 beds   1,065 ft²
Wed, Nov 19 (10:00 - 5:00)
$455,000
181 East 119th Street #8K   555 ft²
Wed, Nov 19 (10:00 - 5:00)

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 4 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.