Manhattan sales slowdown, condo common charges increase, & more

By Austin Havens-Bowen | October 14, 2022 - 1:30PM

This week readers visited Brick Underground to find out what's happening with the sales market in Manhattan. Rising mortgage rates caused condo and co-op sales to slow down considerably in the third quarter, according to the Elliman Report. Still, the median sales price in Manhattan is up 3.6 percent.

Also of interest: Condo common charges increased by an average of 4 to 6 percent this year due to inflation and rising energy costs.

Here are this week's top five posts:

1) 'Sellers just as uncertain as buyers' as the Manhattan sales market pivots to a slower pace

2) Why are condo common charges so high in NYC?

3) 6 things you really need to know about your NYC radiators

4) A lottery opens for 86 units at a senior housing complex on the Lower East Side

5) The 7 best ways to get your NYC landlord to make repairs

Austin Havens-Bowen

Staff Writer

Staff writer Austin Havens-Bowen covers the rental market and answers renters' questions in a column called Realty Bites. He previously reported on local news for the Queens Ledger and The Hunts Point Express in the Bronx. He graduated from Hunter College with a BA in media studies. He rents a one-bedroom apartment in Astoria with his boyfriend and their two cats.

SEE MORE BY Austin Havens-Bowen »

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