NYC real estate is undergoing a great transformation with the increased construction of new developments throughout the City. This trend is most popular when it comes to Manhattan condos and apartments because it allows buyers the opportunity to stay away from stringent co-op boards. New Development markets also are attractive because they have upside potential - the opportunity to see your property value appreciate before you close. Seeing your real estate investment appreciate before closing, if one is buying early enough, is especially important in the current market.
The Manhattan New Development opportunities offer an exciting opportunity for our customers to buy Manhattan apartments and condos. This is especially true for the first time buyer or investor. With more than 95% of all new construction being built as condos, first time buyers can forego the challenges and anxieties of dealing with cooperative boards.