Scorecard: Monthly condo offerings hit record high

A monthly round-up of data and reports on the residential market

TRD NEW YORK /
Jul.July 13, 2017 04:35 PM
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From the July issue: Manhattan saw $4.5 billion in new condo offerings accepted for sale by the New York state Attorney General’s office in May — a record amount. Almost all of it came from Extell Development’s 179-unit Central Park Tower TRData LogoTINY project, which was approved for $4.02 billion.

The Brooklyn and Queens condo market posted more modest figures, with 231 apartments at a total offering price of $239.9 million greenlighted for sale, a slight increase in sellout value from $201.1 million across 234 units in April.

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