Real Estate Wire: 6,500 New Condo Units Coming in 2015; Delving into the Boutique Housing Trend

January 2, 2015
  • Twice as many condo units as 2014 (6,500 to be exact) are expected to hit the market in 2015. [NYT]
  • Two 14-story rental towers are coming very close to the Cathedral of St. John the Divine. [FC]
  • Are boutique condos replacing major developments like One57 as the sexiest place to live in NYC? [NYP]
  • Queens affordable housing development Hunter’s Point South gets 92,000 applications for 924 units. [NYDN]
  • Michael Gross, author of books about living in 740 Park and 15CPW, buys a co-op at 860 United Nations Plaza. [NYO]

Images: 520 Park Avenue, where condo units will hit the market in 2015 (L); Boutique condo 560 West 24th Street via Urban Compass (R)

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