From the October issue: It’s an odd time for new condo development to be making a comeback. The national economy is still in shambles, unemployment is high and getting a mortgage is still no picnic. And yet, industry experts are reporting unmistakable glimmers of life in New York’s long-suffering new condo market, which has struggled mightily since the financial crisis of 2008 and lagged behind the resale market on the recovery front.

Buyers are showing a renewed interest in new developments, brokers say. Suddenly, units in newly built projects — with prices marked down substantially from the boom — are moving faster than expected. [more]

The first section of the High Line opened last month, and brokers at residential projects in the area say sales traffic has increased as people rush to the West Side to see the elevated park. The Real Deal’s Jovana Rizzo toured the High Line last week and talked to the brokers at Chelsea Modern, 520 West Chelsea and 456 West 19th Street about how they are using the new park’s hype to market their buildings and why it is a draw for buyers. Click on the video to watch the Webcast.