NYC’s FINANCIAL DISTRICT MARKET REPORTS

The increasing pricing trends continued to rise with closings continue to For the first time since Q2 2016 we have seen a drop in the average price of apartments selling in the Financial District. With a jump in volume, the area saw a reduction in many of the pricing metrics compared to the previous quarter and year. Additionally the area saw a large increase in the discount from asking price compared to the previous year. Many closings at 50 West Street in particular drove up the pricing of one bedrooms in particular…..

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