NYC Real Estate Data Book 2007

Posted by Noah Rosenblatt on February 11, 2007 at 9.11 PM

A: Thanks to The Real Deal's Data Book 2007 for compiling this set of data for the New York City real estate market in 2006.

* The most expensive zip code in New York City is 10007.
* In 2006, the median apartment price for Manhattan was $750,000.
* The apartment inventory in New York City is following the same seasonal pattern as it has since 2001.
* Average price per square foot in Manhattan for an apartment is $984.
* Average Manhattan apartment price is $1,214,379.
* The average cost for a two-bedroom rental is $3,200 a month.
* Total population in New York City is 8,000,000 people.
* There are roughly 2,000,000 rental units and 925,000 owner units.
* The Bronx, which has roughly a million more people than Staten Island, has roughly the same number of owner-occupied units: 102,000 and 103,000, respectively.
* There are 1,000,000 rent-stabilized apartments and 59,000 rent-controlled apartments in New York City.
* There are roughly 30,000 real estate sales agents and brokers in New York City.
* The biggest developer in New York City is The Related Companies.
* There are about 20,000 condos units that were planned for development in Manhattan for 2006.
* The total number of units planned for all the boroughs is 32,191.
* The largest office landlord in New York City is Tishman Speyer with 40.5M square feet of space, with almost half in Manhattan.
* World Trade Center site leaseholder Larry Sivlerstein owns 8,000,000 square feet.
* Manhattan's biggest office tenant is Citigroup with 5,000,000 square feet.
* The biggest sale in the history of the city happened when Extell Development, a newly formed group, bought a 77-acre lot in Manhattan for $1.8 billion from Donald Trump.
* -The top office lease for New York City was Morgan Stanley, leasing close to 500,000 square feet from Wachovia.
* Average asking rent in Manhattan for office space, depending on the neighborhood, ranged from $28 to $60 a foot.
* McDonalds is the largest retailer in the city, with 284 stores. There is 102,000,000 square feet of retail space in New York City.

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