New Manhattan Absorption Report

From our Chief Economist, Greg Heym:

We are pleased to introduce our newest product, a monthly absorption report for Manhattan.  For each market area, the number of active listings and absorption rate in months are given by type of apartment, and number of bedrooms.  Comparable data from the prior month and one year ago are also presented.

The report can be found at the link below.

http://media.halstead.com/pdf/Halstead-Absorption-Report-May-2013.pdf

Design in The New Heart of New York

A new exhibition at the American Institute of Architects New York Chapter/Center for Architecture launches this weekend and “will showcase the 26-acre Hudson Yards development and feature a rotating dynamic space where architects and designers will present never-seen-before elements of the design process and evolution of the massive project.”

For the next 8 weeks architects and designers will speak and connect with the public on various topics surrounding the Hudson Yards project including: the evolution of parks on the West Side, the technical development and evolution of the new residential tower at Hudson Yards, how the partnership created to develop Hudson Yards will keep NYC globally competitive, and more. Details and more info here.

The kickoff event is this Saturday, May 4th, where Open House New York will host a special viewing of the exhibition for members which includes guided tours by Hudson Yards architects. Head to http://www.ohny.org/ to RSVP.