The BPC Report: 4Q19
• Two bedroom sales saw the largest increase in sales activity of 50% YoY.
• The median discount in Q4 2019 decreased 34% YoY, to 3% from 5% in Q4 2018.
• Studios saw the least sales activity in Q4 2019 with only two units sold.
• Three bedrooms saw a significant 14% increase in average rent YoY.
• One bedrooms continued to account for more than half of all rentals in Battery Park City with 89 units rented.
• Three bedroom rental activity dropped a whopping 44% YoY.