NYC’s new development year in review
For New York City’s new development market, 2025 has been a year of whisper trades and low inventory. While a handful of buzzy sales launches powered the market, executives, brokers and data analysts spent the year warning of an imminent inventory cliff, as demand for quality projects continued to significantly outpace supply. “The overall story is continuing to just whittle down on the inventory,” said Marketproof co-founder Kael Goodman. “The total number of units is growing so slowly.” The market still had its fair share of highs. Perhaps the buzziest new development launch kicked off with little fanfare in early […]
This article originally appeared on The Real Deal. Click here to read the full story.
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