Download the HPDM Q1 Market Report here.
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.”
The Real Deal features The HPDM 2016 First Quarter New Development Report in their newest market report roundup.
The average price per square foot for new condo developments in Hell’s Kitchen is up 40.8 percent from 2011.
HPDM’s new development insights is now available on HPDMNY.com, featuring the Long Island City condominium market trajectory.
Click here to view