ember 17 ABSORPTION REPORT MANHATTAN APARTMENTS
ember 17 Highlights The absorption rate for Manhattan apartments rose to 5. months in ember. The condo absorption rate climbed 1% from ember of 1, while the co-op rate rose 7%. At.3 months, Upper Manhattan had Manhattan s lowest absorption rate, followed by the West Side at. months. BrownHarrisStevens.com WEB# 17731393 Definitions Listings: Number of active listings transmitted through the Real Estate Board of New York s listing service at the beginning of the month. Absorption Rate: How many months it would take to sell all active listings in a given market. We calculate it by dividing the number of listings by the average number of closings over the prior months. Historically, an absorption rate between -9 months indicates a balanced market. BrownHarrisStevens.com WEB# 139 Cover Property: BrownHarrisStevens.com WEB# 13935
Manhattan 5. 5.1. 5..3..3 5.. 5. -1 Studio.1 9.5 1 3.7 1-Bedroom 915 5. 935 5. 797. -Bedroom 19.7 17.7 93. 3+Bedroom 11 1. 11 9.3 1 9.5 Loft 7 9.3 3 7.7 7.9 All 3,1 7. 3,5 7. 3,.3 Studio 3.9 3 3.1 7.5 1-Bedroom 1 3.5 77 3. 3.5 -Bedroom. 773. 7.1 3+Bedroom 5. 3 7. 593.7 Loft 3 5. 17 1 5. All,59.5,719.,553. BrownHarrisStevens.com WEB# 17575 NOVEMBER 17 ABSORPTION REPORT Brown Harris Stevens 3
East Side GENERALLY 59TH STREET TO 9TH STREET, FIFTH AVENUE TO THE EAST RIVER 5..9 5.7..9 7.1. 5.. -1 Studio 5.3 5 5..7 1-Bedroom 1.3 119 5.1 3. -Bedroom 137.9 1 5. 13 7.1 3+Bedroom 195 9.7 175. 17 1. All 3 5.9 1.1 17 5.9 BrownHarrisStevens.com WEB# 179 Studio 79 3.5 3. 9 3. 1-Bedroom 39 3.9 7 3.3 3.9 -Bedroom 7 5. 5. 9 5. 3+Bedroom 33.9 9.1 1. All 915 3.9 5. BrownHarrisStevens.com WEB# 1575 NOVEMBER 17 ABSORPTION REPORT Brown Harris Stevens
West Side GENERALLY 59TH TO 11TH STREET, HUDSON RIVER TO WEST OF FIFTH AVENUE. 3. 3.3 3..1. 5.. 3.7.5. -1 Studio. 5 5. 1 3. 1-Bedroom 9 3.3 9 3.7 9. -Bedroom 11. 1 5.1 11 5. 3+Bedroom 1 7. 17. 15 1.3 All 9. 371. Studio 9. 9. 1. 1-Bedroom 19 3. 133 3.3 1 3.1 -Bedroom 1. 1 3. 95.3 3+Bedroom 15 7.5 13. 115 5. All.1 3. 37 3. BrownHarrisStevens.com WEB# 175177 NOVEMBER 17 ABSORPTION REPORT Brown Harris Stevens 5
Midtown East.1 5. 5. 5.7.5.... 5.7.. GENERALLY 3TH TO 59TH STREET, FIFTH AVENUE TO THE EAST RIVER -1 Studio 37 9.3 35 9.5 19.3 1-Bedroom 1 7. 1. 133 7. -Bedroom 135.9 133. 15. 3+Bedroom 13 9.7 11 9.1 1 9. All 55.7 53. 399.9 Studio 9. 3.1 79 3.5 1-Bedroom 11.3 13.7 13. -Bedroom 17 7.9 11 7. 115. 3+Bedroom 9 13. 9 1.3 5 17. All 71 5.1 5. BrownHarrisStevens.com WEB# 173 NOVEMBER 17 ABSORPTION REPORT Brown Harris Stevens
Midtown West.9 7. 7. 7.7 7.. 9..1 7. 7..9. 7.3 GENERALLY 3TH TO 59TH STREET, HUDSON RIVER TO WEST OF FIFTH AVENUE -1 Studio 3 7.5. 1-Bedroom 15 7. 15 7. 155 5.7 -Bedroom 135 7.7 13 9. 1 1.5 3+Bedroom 15 1. 11.9. All 3.7 9.5 7 7.5 Studio 15. 17 3.3 11.1 1-Bedroom.1 39 3.9 9 -Bedroom 31 5. 3 7.. 3+Bedroom 11 9. 11. 17.1 All 11.3 15. 1 BrownHarrisStevens.com WEB# 175559 NOVEMBER 17 ABSORPTION REPORT Brown Harris Stevens 7
Downtown 3TH - 1TH STREET 5.7 5. 5.7... 5...9 5.1-1 Studio.1 3. 1.1 1-Bedroom 9 3.3 11 3.3 97 3.5 -Bedroom 179. 177. 15 7.9 3+Bedroom 15 11. 15 9.1 159 1.1 Loft 7 1.5. 71.7 All 57.5 51 5. 5. BrownHarrisStevens.com WEB# 1751 Studio 53 3. 5 3.3 5.7 1-Bedroom.7 93.9 9 3.3 -Bedroom 3 3.9.1 3 3.7 3+Bedroom 11.1 1 7.5 Loft 3 5.7 5 57 7. All 73 3.7 71 3. 3 3.9 BrownHarrisStevens.com WEB# 17315 NOVEMBER 17 ABSORPTION REPORT Brown Harris Stevens
Downtown SOUTH OF 1TH STREET 5.1. 5..7..5 5.9 5.9 5... -1 Studio 15 9.7 1.9 7 7. 1-Bedroom 35 7.5 1 7. 15 5. -Bedroom 3 1. 31 9. 57.1 3+Bedroom 319 1.5 9 9. 7.5 Loft 13. 1 7. 15 7.9 All 1,1 9. 1,1.3 93.5 BrownHarrisStevens.com WEB# 17773 Studio 3.3 3. 37. 1-Bedroom 15 3. 117. 11.9 -Bedroom 9 3.5 9 3.3 7 3.9 3+Bedroom 1 5.7..3 Loft 133. 1 5.7 13 All 37. 1 3.7 397 3.7 BrownHarrisStevens.com WEB# 17113 Brown Harris Stevens 9 NOVEMBER 17 ABSORPTION REPORT Brown Harris Stevens 9
Upper Manhattan 3. 3. 3. 3. 3...7.9..1 3.1..3 GENERALLY NORTH OF 9TH STREET ON THE EAST SIDE, AND 11TH STREET ON THE WEST SIDE -1 Studio 13.5 17 3.3.3 1-Bedroom 7.. 5 3.7 -Bedroom.5 7 3. 3. 3+Bedroom 3.5 53. 5. All 7..7 17 3. Studio 1. 7. 1. 1-Bedroom 5 3. 5 3.3 39. -Bedroom 75. 3 3.5 5.9 3+Bedroom 5. 5. 31. All 1.1 1 3.7 11.7 BrownHarrisStevens.com WEB# 1777 Brown Harris Stevens 1 NOVEMBER 17 ABSORPTION REPORT Brown Harris Stevens 1
Contact us Madison Avenue 79 Madison Avenue Caroline E. Y. Guthrie President Prepared by Lisa Rae Castrigno, VP of Research. 17 by Brown Harris Stevens. All Rights Reserved. This information may not be copied, used or distributed without Brown Harris Stevens consent. While information is believed true, no guaranty is made of accuracy. East Side West Side 19 Broadway Kevin Kovesci, EVP CENTRAL PARK WEST CENTRAL PARK 5TH AVENUE 5 Park Avenue Hall F. Willkie, President Bess Freedman, EVP and Business Development Ruth McCoy, EVP Richard Ferrari, EVP Neil M. Laurine, EVP Brown Harris Stevens Development keting 5 Park Avenue Downtown 13 Fifth Avenue Stephen Klym, EVP Stephen Kliegerman, President Brooklyn Heights 19 Montague Street Christopher Thomas, EVP Park Slope 1 Seventh Avenue Camille Logan, EVP Sarah Orlinsky-Maitland, EVP Tribeca 3 North Moore Stephen Klym, EVP NEW YORK CITY THE HAMPTONS PALM BEACH MIAMI 1.9.9