Articles on High-End Manhattan Condos

They're Coming To (Luxury Condos In) America: International Buyers Still Buying NYC Condos

International Buyers Invest in New York City CondominiumsEurope: it's a great place to visit, the food is almost uniformly delicious and their way of living frankly makes a lot more sense than ours. What Europe is not, or at least hasn't been lately, is especially economically healthy. You might've read about this in literally every newspaper printed, but if you haven't: here you go and here you go (and yikes). Long story short: a bunch of Eurozone countries are in pretty serious economic trouble, the Euro's value has declined precipitously, and economists are -- ominous music goes here -- concerned. Given that the rest of the world economy isn't in appreciably better shape, all of this would suggest that perhaps international buyers wouldn't still be snapping up Manhattan condos. You'd think that, but it isn't so. As Reuters reports, international buyers are still keen on high-end Manhattan condominiums.

From The Top Up: High-End Manhattan Condos Lead Rally In NYC Real Estate Market

High-End Manhattan CondosIt's been coming for a long time, and we've been writing about it for a long time here at the New Construction Manhattan blog, but it's not without some sadness that we bring news of what appears to be the demise of the buyer's market in NYC condos. This isn't to say that great deals on NYC condos can't be found -- they're still very much out there, if you know where to look -- but a recent report from the Wall Street Journal confirms what previous intimations have suggested. Namely, that prices for Manhattan condos are finally climbing from their historic lows, and that the market for high-end Manhattan condos is rallying especially hard. For NYC real estate watchers, it's good news to see the market getting healthy again. For those looking for NYC condos, though, it can be cause for consternation. How concerned should you be if you're searching for a Manhattan apartment? Not as concerned as you might think, thankfully.