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Centurion Property Investors Commences Closings at 212 West 72nd Street Condominium Residences on New York's Upper West Side

NEW YORK, NY – Centurion Property Investors has today announced that the new luxury condominium residences at 212 West 72nd Street, the Upper West Side’s signature curved glass building, have commenced first closings, with residents slated to move in this month. Situated on one of the neighborhood’s most historic and vital corners, the building is a last-of-its-kind condo conversion project for New York City. The top-to-bottom renovation led by award-winning architecture firm. ....

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Histoire. [Diaporama] Mémorial de Haute Alsace à Dannemarie : « Nous y sommes enfin… »

Histoire. [Diaporama] Mémorial de Haute Alsace à Dannemarie : « Nous y sommes enfin… »
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NYC's Hottest Pandemic Investment Properties? Condominiums In Bulk


Inman Connect
New York City’s real estate market has seen a great deal of volatility over the course of the pandemic.
In the early months when the pandemic’s uncertainty was at its greatest, many New Yorkers fled the city for smaller towns and cities in the Northeast. In the meantime, rents and sales prices took a hit. Now, while many urban areas across the country have finally started to see a rebound in prices, New York is not one of them.
Such conditions have cultivated a prime environment for investors to scoop up Manhattan’s languishing condos in bulk (that could mean anywhere from three to 100 condos) at a reduced price, a trend that’s been growing over the past several months. As developers have felt the pinch of much fewer sales than usual, more have considered the option of bulk deals to keep things moving and continue to bring in revenue, even if it’s less than originally desired for these units. Then investors, real estate firms and other bulk buye ....

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