"The ability to offer new-construction buyers a move-in-ready product is certainly something to get excited about," he said. Buyers have negotiated discounts of 9.2 % on condos in the 33-story residential tower , 172 ##1 , in East Midtown , according to initial sales data on 11 closings from Streeteasy.com . The tower has 72 units and sale prices so far are said to have averaged around $ 50 per square foot . Mansion Global says there is a growing supply of new condos in Manhattan . In 2016 we noted that Q4 2016 median prices on Manhattan resale properties fell by the most in over four years .
Buyers have negotiated discounts of 9.2 % on condos in the 33-story residential tower , 172 ##1 , in East Midtown , according to initial sales data on 11 closings from Streeteasy.com . The tower has 72 units and sale prices so far are said to have averaged around $ 50 per square foot . Mansion Global says there is a growing supply of new condos in Manhattan . In 2016 we noted that Q4 2016 median prices on Manhattan resale properties fell by the most in over four years .