Tribeca Property

 Manhattan has been quite resilient when it comes to the residential housing market, so to keep things interesting, I decided to take the south Florida foreclosure heat map and place alongside the downtown Manhattan foreclosure heat map.  As you may have guessed, red is not the color you want to see!  Tribeca (and most of […]

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After coming off an active February, Tribeca contract signed activity slowed in March to 30 contracts signed, off of last year’s March total of 45.  Almost 70% of all Tribeca contracts signed were in the $3 million dollar or less category.  The most active price range was the $2 million to $2.99 million range, accounting […]

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In the last post we looked at the contract signed activity that has occurred so far in 2008.  Now let’s dig a bit deeper into the numbers to see exactly what type of properties are selling.  The two categories that seem to be the natural dividers in the Tribeca market are new development units versus […]

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With so much concern for what’s happening in 2008 in Tribeca real estate, I decided to drill down on the numbers a bit deeper.  Due to the number of high end closings at the Plaza and 15 Central Park West, the 1st quarter Manhattan real estate market results will inevitable be skewed upwards.  To counter […]

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