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… the crest of the NYC sales market comeback Recorded sales for Manhattan penthouses were up 26 percent in 2021 compared … says todays penthouse buyers are also planning on a longer timeline Instead of buying and holding onto a place for the … Typically penthouses are the last units in a building to sell explains Shaun Osher CEO of real estate brokerage CORE …

… But there are many important distinctions to be aware of before you buy The bottom line Because a condos ownership … a condo board less power than coop board its easier to buy sell and sublet a condo But all that flexibility comes at a … have to issue the waiver within 30 days says Lippman This timeline means condo purchases can move quicker than coops …

… apartments on the market to choose from The third quarter for example saw the highest number of listings in … new development and developers are the most negotiable And timelines of six to 18 months dont phase these buyers … property has devalued 30 to 40 percent When buyers go to sell later we will look at the comps from before Covid and …