October 08, 2015

NYC’s 33 buzziest new buildings

(New York Post) If there’s ever been a time start your house hunt and lock down the perfect pad, it’s right now.

From Midtown to Midwood, Boerum Hill to Bed-Stuy and Long Island City to Jersey City, there’s a gaggle of new residential projects coming to market this fall. Some are new development, while others are conversions. But all add to a massive rush of new opportunities for homebuyers citywide.

“We estimate that, in 2015, about 7,000 units are entering the market, and probably a similar, but lesser amount next year,” says property appraisal maven Jonathan Miller, though he adds this volume is still below the city’s 2004-to-2007 peak. “What you’re seeing took several years of planning … it’s at critical mass now. You’re seeing a ramp-up of product.”