Scorecard: Manhattan condo approvals fell hard in December

A summary of news and reports on the residential market

TRD New York /
Feb.February 28, 2017 09:00 AM
new-manhattan-supplyFrom the February issue: There were 80 new Manhattan condo apartments approved for sale by the New York State Attorney General’s office in December — below 2016’s monthly average of 202 units, according to an analysis of offering plans by The Real Deal.

Brooklyn and Queens saw 89 units approved, also less than the 2016 monthly average of 282.

In Manhattan, $9.8 billion in condo offerings was approved over the past 13 months.

total-sellout-of-manhattan-condos

Brooklyn and Queens saw just under $4 billion during that time, but supply in both boroughs is growing more than in Manhattan.

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