The Real Deal New York

Posts Tagged ‘tara hogan’

  • Williamsburg trumps nabes in condo sales

    December 16, 2009 06:52PM

    Williamsburg leads Brooklyn in number of condo transactions so far for 2009, according to a November report from the Marketing Directors (see full report after the jump). The neighborhood has had 269 condo closings through November, according to the report, which gathered data from ACRIS and the listings database On-Line Residential. That’s compared to 125 in Park Slope, 77 in Greenpoint, and 60 in Prospect Heights. Williamsburg has more condo listings in 2009 — 348 — than any other neighborhood, but the neighborhood is also offering competitive pricing, according to Tara Hogan, vice president of research for the Marketing Directors. “I think for right now Williamsburg has quite a few buildings that offer great value,” Hogan said. The average sale price for closed sales in Williamsburg was $548 per square foot, the report says, a significant discount from the average asking price in the area of $757 per square foot. [more]

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