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. 

$700,000
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]

$4,824
Average price per square foot of apartments currently available at the Plaza at 768 Fifth Avenue [CityRealty]

2,800
Museums that have participated in the Conservation Assessment Program that Prospect Park’s Lefferts House has been selected to participate in [Prospect Park Alliance]

1930
The year One Hudson Square, formerly known as the Holland Plaza building, was built; the building was landmarked this past week [Landmarks Preservations Commission]

$8,963
Average price of a two-bedroom doorman building in Soho, the most expensive place for a two-bedroom in Gotham [MNS]

33
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]

32
Stories in the new Gotham West rental development, which saw its leasing office open this past week [Gotham Organization]

5.3
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]

1
Percent increase in New York City homes going into contract in June compared to May, even though home contracts declined nationally [Redfin]

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