It’s turning into a fall to forget for New York City’s new development market. The city recorded 215 contracts in October, down roughly 30 percent from the same period the prior year, according to a ...
Buyers looking for new condos in 2025 faced a steep climb. New development contract signings were down 11 percent compared to 2024, according to Marketproof data covering deals closed in 2025. The ...
The new development team—the third since the megaproject was announced in 2003—has agreed to pay $12 million as they plan a new way forward. A key advocate deemed that “insufficient” given the 876 ...
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