clock menu more-arrow no yes mobile

Filed under:

Market Analysis

The daily stats suggest that new listings are popping on the market in fall's usual significant quantities. One area in which that isn't the case, though, is new development condos. The Times crunches some numbers (mmm, delicious!) to find that 1,111 new units have opened or will open this year in Manhattan south of Harlem?which is down from 1,767 units a year ago and way down from 8,552 units in 2007. Developers: happy. Buyers facing potentially higher prices: not so much. [NYT]