New Launch Condo Projects in Manhattan

Buying new launch condo projects in Manhattan, New York is a strategy we focus on with investor clients from all over the world who are seeking Manhattan property as a form of asset diversification.  Since Manhattan is land-locked, the supply of new launch property is small relative to overall property inventory.  Prices of new launch condo projects are higher than resale condos but the new launch condo strategy is very viable.

Search the entire Manhattan new launch condo inventory via the database here: New Launch Condo Projects in Manhattan

Pros and Cons of New Property Launches in Manhattan

 

Investor buyers can buy into new property launches in Manhattan, New York and as with any investment, there are pros and cons. Buying into new launches means visiting the sales office and reviewing material and floor plans before the building is completed. Buyer puts down a reservation deposit and the balance is paid when the project is completed, usually in 1.5 or two years.

Read full article here: Pros and Cons of New Property Launches in Manhattan

New launch condo in Manhattan – being the earlybird

Being the earlybird at a Manhattan new launch condo project usually means getting the condo at the initial pricing, known as Schedule A pricing. As a new launch condo development sells over time, the developer usually increases price, known as Pricing Amendments. A price amendment reflects increases in price for condo lines that are selling well.

Read full article here: New launch condo in Manhattan – being the earlybird