Manhattan 'Still a Party'; Hangover for Williamsburg?
All is more or less well in Manhattan real estate, according to the second-quarter market reports. Big-ticket developments like the Plaza kept the average sales price on the island at $1.67 million, only a 1- to 3-percent dip from the record prices last quarter. There are some signs of softness, however: Inventory is up, and…
All is more or less well in Manhattan real estate, according to the second-quarter market reports. Big-ticket developments like the Plaza kept the average sales price on the island at $1.67 million, only a 1- to 3-percent dip from the record prices last quarter. There are some signs of softness, however: Inventory is up, and studios and one-bedrooms are getting harder to sell. Nevertheless, Corcoran Group President Pam Liebman says It is still a party, we are just not serving Cristal. Corcoran, the only major brokerage that features sales data for Brooklyn in its quarterly reports, found that co-op and condo prices in our borough rose 5 percent in the first half of 2008 compared with a year earlier, to an average of $621,000. In Williamsburg, however, the average price fell by 26 percent. And Corcoran’s numbers showed the average price of a single-family townhouse in Brooklyn was down 17 percent, to $1.2 million.
Apartment Sales Remain Vigorous in Manhattan [NY Times]
Photo by racoles.
11:33- Actually, it’s from both. Do you think Americans born and raised here are a monolithic group?
11.17 – remember that diversity is provided by those coming here, not those born and raised here whatever their color.
hey 10:55 learn to read and then try coming for me again. i said “reign” meaning “dominance”, and if you don’t think corporations, their employees and peripheral support structure have had a hegemony over this city in the past 10+ years you’ve really got the blinders on.
hookers and crime, get the f*ck outta here. just because i call for diversity and an ease in economic pressure does not mean i desire blight. if you want to see polarity that’s your problem.
and PS, the years most of you douchebags consider rough in this city produced some of the greatest cultural offerings, which is why the foreigners STILL want to come here today.
we are STILL living high off a legacy that we’re slowly strangling, and if you’re too blind to see that, i don’t know what to tell ya.
NOBODY is going to celebrate a building like the gansevoort hotel or a club like Marquee in 20 years time, i’ll tell you that.
Nor do I care Asshat…
You’ve missed the point…again, as usual.
The perspective from Lodi is straining your eyesight and your brain.
Ask your boss if you can take off early for the long weekend.
Do the stats reflect the original construction- for instance would they simply call row houses one family homes (as they were originally built)- or do they take into account what those homes are now- 2 or 3 family apartments, mother/daughter homes. etc? Sorry for asking such a basic question, I just didn’t know.
Dave, You Asshat! You don’t come out in your own neighborhood, so would know about the ones I mention! Brooklyn has TONS of single family houses, Dumbass. Plus most Brownstoner at one time was Single Family!
You just got PWONED!!!! Head slammed into the mat!
The What (And still champion…)
Someday this war is gonna end…
10:36, no he is an wrong. None of those neighborhoods are mostly single family homes.
I live in Bay Ridge. The vast majority of people live in apartment buildings or 2-4 family rowhouses. There are relatively few single family homes.
Brooklyn is overwhelmingly apartment buildings and 2-4 family homes. The only neighborhood I can think of that may be majority single family homes is Mill Basin, and even there, I wouldn’t bet on it.
These figures are all completely wrong. We listed our brownstone last week (in prime PS, the greatest place on Earth) and have already received multiple bids up to 200% higher than asking price.
10:30am SHUT YOUR TRAP…
WHat makes this city s ogreat is the different cultures and different incomes as well…
SO I guess you want the city to go back to the day where hookers and crime plagued the streets…You dumb ass just becasue you dont want to get a job you want everything to be dirt cheap