A rendering of Gotham West (credit: Gotham Organization)
“Numbers to know” is a weekly web feature that catalogues the most notable, quirky and surprising real estate statistics. The luxury market experiences a summer slump, Gotham West’s hundreds of apartments are now available, and the Upper West Side has the fastest pace of sales in Manhattan.
$700,000
Price cut of Home Depot founder Bernie Marcus’ Atlanta home, which has been on the market since 2011, from $3.9 million to $3.2 million [Zillow]
$4,824
Average price per square foot of apartments currently available at the Plaza at 768 Fifth Avenue [CityRealty]
2,800
Museums that have participated in the Conservation Assessment Program that Prospect Park’s Lefferts House has been selected to participate in [Prospect Park Alliance]
1930
The year One Hudson Square, formerly known as the Holland Plaza building, was built; the building was landmarked this past week [Landmarks Preservations Commission]
$8,963
Average price of a two-bedroom doorman building in Soho, the most expensive place for a two-bedroom in Gotham [MNS]
33
Percentage drop in luxury contracts signed during the week of July 29 compared to previous weeks for homes asking $4 million and above [Olshan Luxury Market Report]
32
Stories in the new Gotham West rental development, which saw its leasing office open this past week [Gotham Organization]
5.3
Months it would take to sell all the apartments on the Upper West Side as of July — the lowest absorption rate of any Manhattan neighborhood [Maxwell Jacobs]
1
Percent increase in New York City homes going into contract in June compared to May, even though home contracts declined nationally [Redfin]