One World Trade Center framed by flowering branches in Lower Manhattan.

The FIDI Report: 4Q19

  • Platinum Forbes Global Properties

Download HERE

The FIDI Report, 2019 Quarter 4, survey of apartment trends in New York’s Financial District.

Sales:

  • Median price was up 24% QoQ and 10% YoY to $1,050,000.

  • Average price was up in all sectors except for three bedrooms, which saw a 13% decrease YoY.

  •  Three bedrooms were the only sector that did not see a decrease in sales activity, with no change in the number of units sold.

Rentals:

  • With a 35% decrease in the number of units rented YoY in Q4 2019, three bedrooms saw the most significant drop in rental activity.

  • 176 one bedrooms were rented in Q4 2019, only a 3% drop in the number of units rented YoY.

  • Studios commanded $68 rpsf, the highest rpsf of all layouts and a 5% YoY increase.

Follow Me on Instagram