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Blackstone sells huge industrial portfolio in NYC, New JerseyScorecard: Monthly condo offerings hit record high
A monthly round-up of data and reports on the residential market
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 [TRDataCustom] 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.
