Categories: Hoboken Condos
For the first time in a very long time, sales of this month versus a year ago are down slightly. Could rising interest rates be affecting the market? More likely, the holiday season (home shoppers in December close on their purchases in February) and a very short month. We will keep an eye on this as we go forward.
I opened the NYTimes magazine section this morning to see several real estate ads within the first few pages that read, in part, as follows –
Waterline Square – Introducing the most comprehensive residential experience in New York City, on a lush and expansive new park, where Midtown meets the Upper West Side. Condominium residences starting from approximately $2 million.
One West End – Romantic New York Skyline views and Hudson River sunsets are the breathtaking backdrop of One West End’s Tower Residences. 3 and 4 bedroom condominiums from $4.08M to over $19M.
207 W 79 – New architecture reinterprets the classic Upper West Side residence. From $3.95 to $15MM.
50 United Nations Plaza – 88 Condominiums. One to seven bedrooms. From $2.21M to $70m.
That’s right – $70,000,000. I guess Hoboken still looks like a great deal from this perspective.