With many New Yorkers fleeing the City and a glut of luxury condos on the market, one would think that the for-sale residential market activity would be completely dead, but recent transactions, acquisitions and development plans tell a different story. Many condo developers and converters remain active, although perhaps with more conservative business plans, banking on the perennial attraction of the City. In this session, we take a deep dive into the activity, pipeline, sales data and forecasts that tell the story of where the residential condo market is today and where it’s headed.
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