Since 2003 I have provided a chart that appears once a month in the Economic Spotlight section of Crain’s New York Business magazine. Here is this month’s chart appearing in the current issue of Crain’s New York Business.
Go here for a complete archive of all my Crains’s New York Economic Spotlight charts. They are organized by year.
Tags: Crains New York Business
So while the number of co-op resales is relatively steady, could this spike in condo resales indicate that Manhattan is become more flip-friendly and thus not as insulated from the rest of the housing market as once thought?
I don’t see how – flipping, in bulk tends to happen in new development, and new development properties are general geared to non-entry level units.