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Top 10 Best-Selling NYC Buildings Mid-Year 2016

Top 10 Best-Selling NYC Buildings Mid-Year 2016

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At the peak of the real estate season, it’s a good time to take a look back at the first half of 2016 and see which NYC new developments and older constructions across the five boroughs have fared the best. In a market that continues to show healthy yearly growth rates and to favor sellers, according to the latest Elliman report, some realtors have attained spectacular success.

We’ve counted down the ten residential buildings and complexes with the most sales closed in the first 6 months of 2016. Manhattan new developments make up much of the list, yet there still are two entries that don’t fit this pattern: a ’70s co-op turned condominium in the Financial District and a large housing complex in the Bronx.

#10. 5 Franklin Place

Units sold: 44

Developer: Elad Group

Marketing company: Cantor Pecorella

 

371-broadway

5 Franklin Place © Tectonic Photo

 

#9. The Southbridge Towers

Units sold: 45

Developer: Tishman Realty and Construction Company

 

Southbridge_Towers Wikipedia

80 Gold Street

 

#8. The Seymour Condominium

Units sold: 48

Developer: Naftali Group

Marketing company: Stribling

 

261 W 25th

261 West 25th Street © Naftali Group

 

#7. 234 East 23rd Street

Units sold: 49

Developer: Naftali Group

Marketing company: Stribling

 

234-e-23rd

234 East 23rd Street

 

#6. 10 Madison Square West

Units sold: 51

Developer: Witkoff Group

Marketing company: Douglas Elliman

 

1107 broadway

1107 Broadway

 

#5. 135 W 52

Units sold: 53

Developer: The Chetrit Group

Marketing company: Douglas Elliman

 

135W 52St

135 West 52nd Street

 

#4. Fifty Third and Eighth

Units sold: 55

Developer: HFZ Capital Group

Marketing company: Douglas Elliman

 

301 West 53rd Street

301 West 53rd Street

 

#3. Parkchester North Condominium, the Bronx

Units sold: 59

Developer: Metropolitan Life Insurance Company

 

9-metro-oval

9 Metropolitan Oval

 

#2. The Greenwich Lane

Units sold: 94

Developer: Rudin Management Company & Global Holdings

Marketing company: Corcoran Sunshine

 

133W-11St

133 West 11th Street

 

#1. Carnegie Park

Units sold: 156

Developer: Related Companies

Marketing company: Related Sales & Corcoran Sunshine

 

carnegie-park

200 East 94th Street

 

Many of the buildings on this list are not exactly first comers to our best-selling top ten. Large developments and conversions that benefit from both a team of well-established developers and marketers, and a status location, make up a limited part of the inventory, and are the usual suspects for such countdowns. That being said, this is still NYC, and unannounced success is always bound to show up, so keep a look out for our regular updates to this list.


Methodology:

Data includes only residential properties sold between  January 1, 2016 and June 30, 2016. The building classes counted are condo & coop units. Package deals were not included.

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