Manhattan Market Update - Supply & Demand

 Manhattan Market Update

•       Upper West Side exhibits best Supply/Demand fundamentals with 4.8 months supply

•       6 to 9 months supply considered supply/demand (sales/inventory) equilibrium

•       Downtown (excluding Financial District/Battery Park City) has 5.2 months supply

•       Midtown and UES both have 9.4 months

        
FD/BPC still over-supplied at 19.8 months supply