Tag: condo
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The Upper West Side’s Condo Shortage: What It Means for Today’s Market
The Upper West Side has long been one of Manhattan’s most desirable neighborhoods, known for its tree-lined avenues, architectural charm, and proximity to Central Park. But a recent analysis reveals a striking shift: new development on the Upper West Side is slowing to a near standstill. Only 51 new condominium units are expected to be…
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NYC Condo Market: Is It Still Worth Investing Today?
A recent analysis from The Real Deal took a close look at Manhattan’s condo market and found that many investors who purchased between 2016 and 2020 haven’t seen the returns they expected. According to the report, roughly one in three condo resales over the past year sold at a loss, with new development buyers hit the…