The Real Deal: Developers find sweet relief in $1M to $3M new development condo market

The Real Deal Magazine​ received an exclusive on our upcoming HPDM Q3 Report (to be released on Monday), including some words from HPDM President Stephen G. Kliegerman.

“There’s a lot of talk about pricing coming down, but what they’re really talking about is pricing shifting with the availability of product,” HPDM Stephen Kliegerman told The Real Deal. “There’s a shift in direction to more modest-sized one-, two- and three-bedroom apartments. That unit type has brought the median price down.”

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