HPDM’s new development insights is now available on HPDMNY.com, featuring the Long Island City condominium market trajectory.
Click here to view
HPDM’s new development insights is now available on HPDMNY.com, featuring the Long Island City condominium market trajectory.
Click here to view
The average price per square for closed new condominium sales in Long Island City climbed 49 percent from 2010 to 2015. New development projects averaged $1,032 per square foot last year.
“We have boots on the ground so … we can see a trend emerging two or three years out, versus only looking at data,” said Stephen Kliegerman, President of Halstead Property Development Marketing.
In the heart of Hell’s Kitchen at 318 West 52nd Street, work is underway by Howard Glatzer’s Cadence to convert part of a three-story U.S. Postal Service sorting facility from 1926 into residential condos.
Located in a former tin-and-sheet-iron factory with a garden oasis at its core, 51 Jay Street is a collection of 74 luxury penthouses and condominiums built near old railroad tracks.
Chris Noth, still otherwise known as Mr. Big from “Sex and the City” (even though the show ended in 2004), has been spotted looking at two- and three-bedroom apartments at the Sorting House.
That’s the spot at 318 W. 52nd St. where new luxury condos are being built on top of a working post office.