MANHATTAN
- Inventory grew slightly as new filings outpaced sales
- Developers filed two plans with a total of 110 units
- Four plans were approved for sale in September, with 176 units and a total sellout of $427 million
- Buyers purchased 92 units valued at $420 million.
Supply
Most expensive condo projects approved
| DEVELOPER | ADDRESS | TOTAL SELLOUT | RESI. UNITS |
|---|---|---|---|
| Toll Brothers | 77 Charlton Street | $327,230,000 | 161 |
| Mink Development | 39 East 72nd Street | $60,000,000 | 3 |
| Einhorn DevelopmentnGroup | 132-134 West 83rd Street | $28,975,000 | 6 |
| Yaniv Zohar | 215 West 122nd Street | $10,855,000 | 6 |
Largest condo projects filed
| DEVELOPER | ADDRESS | RESI. UNITS | TOTAL SELLOUT |
|---|---|---|---|
| HAP Investments | 215 West 28th Street | 87 | N/A |
| Cape Advisors | 73 West Broadway | 23 | N/A |
DEMAND
| SPONSORn | SALE PRICE | ADDRESS | UNIT |
|---|---|---|---|
| Related Companies | $28,000,000 | 70 Vestry Street | 8N |
| Related Companies | $24,006,500 | 70 Vestry Street | 8S |
| Related Companies | $23,500,000 | 70 Vestry Street | 9N |
| Zeckendorf Development | $20,000,000 | 520 Park Avenue | 22 |