There are indications that anywhere from 150,000 to 200,000 units under construction in the top 79 markets that Reis tracks, with approximate completion dates from late 2012 to 2013. That is more than triple the rate of inventory growth in 2011.
A luxury condominium tower on Fifth Avenue at the upper end of Central Park in East Harlem has been struggling to find buyers. Now it is trying again with a new name: One Museum Mile.
A luxury condominium tower on Fifth Avenue at the upper end of Central Park in East Harlem has been struggling to find buyers. Now it is trying again with a new name: One Museum Mile.
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