PARK SLOPE?South Slope rental building 585 Sixth Avenue, aka Green on Sixth, hit the market last fall with, Brownstoner reported, one-bedrooms priced at $2,600 per month and two-bedrooms for $3,200. Certainly not peanuts for the area, which might be why the building is only now completely spoken for. According to a press release from Ideal Properties Group, "Now fully rented, the 26 units at Green on Sixth are exemplary luxury homes aware of our Planet's needs and her plight for caring treatment." And they don't even have a medical degree! [CurbedWire Inbox]
NYC?Not burnt out on market reports yet? Good, because here's one more. Industry group the Real Estate Board of New York (REBNY) has followed up the major brokerages' fourth-quarter reports with its own Q4 report, and this one is city-wide, not just Manhattan. Key takeaway: "The average price of a home in New York City increased 10 percent in the fourth quarter of 2010 compared to the same time last year and rose two percent compared to the previous quarter, while the number of transactions and the total dollar value of all property sales declined." The average sales price of an apartment in New York City during the fourth quarter was $889,000. [CurbedWire Inbox]
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