The Manhattan real estate market closed 2012 with many notable trends. Our Q4 market report indicated a large increase in condo and co-op resales, while new development closings decreased significantly. Nancy Packes, a local real estate expert, discusses the implications behind these statistics, as well as a detailed report on the types of buyers entering the market. She also offers her predictions for the types and locations of projects that prospective buyers can expect to see in the future.

Filed under: Real Estate

Like this post? Subscribe to my RSS feed and get loads more!