Manhattan sales slowdown, condo common charges increase, & more
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
