The BPC Report: 2Q2020

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Sales:

• The Average Price of apartments saw a reduction of 24.19%. When compared to Q2 2019, there was only a reduction of 12.96% YOY.
• The number of units sold declined by 55% over Q1.

Rentals:

• 228 Units were rented in Q2, a 39% increase over Q1.
• One bedrooms saw the sharpest price increase, up nearly 60% over Q1 with 121 units rented.
• The average rent in Battery Park City saw a small decrease of only 5.29% during Q1.