Thursday, October 17, 2013

Media Interview: Demand for 3BR Apartments Changing NYC Real Estate

MANHATTAN — Finding a three-bedroom apartment is no easy feat for many New York City families — which is why many new developments now opening or underway include sprawling floor plans.
Supply in older housing stock is tight, but demand is certainly there: Some 42 percent of Brooklyn's third-quarter sales in new developments were for three-bedroom units, according to a market report released Thursday by MNS.