The Real Deal New York

Numbers to know: Luxury contracts decline for the first time in months, Gotham West’s leasing office opens … and more

August 08, 2013 12:00PM
By Hayley Kaplan

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A rendering of Gotham West

A rendering of Gotham West (credit: Gotham Organization)

“Numbers to know” is a weekly web feature that catalogues the most notable, quirky and surprising real estate statistics. The luxury market experiences a summer slump, Gotham West’s hundreds of apartments are now available, and the Upper West Side has the fastest pace of sales in Manhattan. 

Price cut of Home Depot founder Bernie Marcus’ Atlanta home, which has been on the market since 2011, from $3.9 million to $3.2 million [Zillow]

Average price per square foot of apartments currently available at the Plaza at 768 Fifth Avenue [CityRealty]

Museums that have participated in the Conservation Assessment Program that Prospect Park’s Lefferts House has been selected to participate in [Prospect Park Alliance]

The year One Hudson Square, formerly known as the Holland Plaza building, was built; the building was landmarked this past week [Landmarks Preservations Commission]

Average price of a two-bedroom doorman building in Soho, the most expensive place for a two-bedroom in Gotham [MNS]

Percentage drop in luxury contracts signed during the week of July 29 compared to previous weeks for homes asking $4 million and above [Olshan Luxury Market Report]

Stories in the new Gotham West rental development, which saw its leasing office open this past week [Gotham Organization]

Months it would take to sell all the apartments on the Upper West Side as of July — the lowest absorption rate of any Manhattan neighborhood [Maxwell Jacobs]

Percent increase in New York City homes going into contract in June compared to May, even though home contracts declined nationally [Redfin]