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A blog from CityRealty (Links below will take you to the 6sqft site)

High-Rise Condos

An index tracking prices in condos with 50 or more floors

 
Selection Methodology
 
CityRealty Indices
Selection Methodology for High-Rise Condos

The high-rise condo index tracks prices in Manhattan buildings with 50 or more floors. It includes well-known tall and "supertall" residential buildings, such as 220 Central Park South, 520 Park Avenue and 432 Park Avenue, which is currently the tallest completed residential tower in the Western Hemisphere.

CityRealty has not placed an absolute limit to the number of buildings included in this Index. The criteria for inclusion in this index are as follows:

  • For newly constructed properties, a minimum of three months closing history is required.
  • The building must have a total of at least 10 individual units.

CityRealty evaluates all of its indices regularly. All pricing information has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS).

Please note that CityRealty does not rank buildings within the Index; rather, a default sort order is provided (which is price / ft2 based on the each building's past 12 months sales history). Inquires, comments and suggestions concerning any CityRealty index (and any ideas for new indices) can be sent to inquires@cityrealty.com.

Pricing Charts

The performance of the High-Rise Condos

  • All
  • Studios
  • One Beds
  • Two Beds
  • Three Beds
  • Four+ Beds
Transactions:
 
All values are 90 day moving daily averages

Price Change Summary During the Past Five Years

2436|Oct 15, 2014|2014|14.5;2396|Oct 15, 2015|2015|16.3;2744|Oct 15, 2016|2016|1.6;2526|Oct 15, 2017|2017|10.4;2434|Oct 15, 2018|2018|14.5;2788|Oct 15, 2019|2019|0.0
$2,786 Current Avg. Price /Ft2
Based on 614 Closings in the past 12 months

Closing History

Available Apartments

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