Manhattan Apartment Sales Contracts Jump in May; Nothing on Lower East Side Goes for Over $750K

When times get tough, sometimes even the toughest just want a place to call home: May saw increased sales contract activity at both ends of Manhattan’s residential real estate market. CORE Real Time Report, a monthly analysis of residential contracts from the marketing firm of the same name, recorded the most notable signing increases in single-bedroom units and in sprawling five- to seven-bedrooms.

In May, 230 Manhattan one-bedrooms went into contract, compared with 183...

Copyright Obser - Observer
Contact Us