Going Deep with New Development Condos
Update: 2020-05-05
Description
On our show today: The Manhattan and Brooklyn markets are made up of numerous sub-markets or neighborhoods, all of which have unique characteristics. Although headlines in 2019 were dominated by negative market stories confirming an overall downturn in the NYC condominium market, numerous neighborhoods experienced continued demand proving that well-located and well-priced developments are still highly sought after by today’s consumer. Where are those neighborhoods and who is actually buying? What price points are in demand and how much of a discount is necessary off the advertised sales price?
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