Real Estate Wire: Ismael Leyva’s Design for a High Line Condo; Bed-Stuy Real Estate is Red Hot

August 5, 2014
  • First look at the Ismael Leyva-designed, Related Companies-developed condominium planned for West 30th Street between Tenth and Eleventh Avenues, a site that overlooks the High Line Park. [Curbed]
  • Jonathan Miller pinpoints two new records for NYC: The average sales price for NYC residential real estate (co-ops, condos and 1-3 family sales) reached a record $975,441 for 2Q 2014; while the average sales price for NYC residential real estate excluding Manhattan reached a record $542,216. See graphs charting the change over at Curbed. [Curbed]
  • Developers of Astoria Cove promise to create a ferry terminal to serve the new mega development. [TRD]
  • Bed-Stuy is red hot. Nine of the nabe’s top 15 residential sales in the past five years are from 2014. The highest rang in at $2.25M. [TRD]
  • Extell wants to raze one of the former Ring buildings it acquired last year. [CO]

The Ismael Leyva-designed tower at 520 West 30th Street(left); The $2.25M Bed-Stuy townhouse (right)

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