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The BPC Report: 4Q19

The BPC Report: 4Q19

  • Platinum Properties

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Sales

• Two-bedroom sales saw the largest increase in sales activity of 50% YoY.

• The median discount in Q4 2019 decreased 34% YoY, to 3% from 5% in Q4 2018.

• Studios saw the least sales activity in Q4 2019, with only two units sold.

Rentals

• Three bedrooms saw a significant 14% increase in average rent YoY.

• One bedrooms continued to account for more than half of all rentals in Battery Park City, with 89 units rented.

• Three-bedroom rental activity dropped a whopping 44% YoY.

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