{"id":139425,"date":"2023-10-03T21:44:55","date_gmt":"2023-10-03T14:44:55","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/theres-a-shortage-of-luxury-apartments-in-manhattan-and-its-driving-up-prices\/"},"modified":"2023-10-03T21:59:51","modified_gmt":"2023-10-03T14:59:51","slug":"theres-a-shortage-of-luxury-apartments-in-manhattan-and-its-driving-up-prices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/theres-a-shortage-of-luxury-apartments-in-manhattan-and-its-driving-up-prices\/","title":{"rendered":"There's a shortage of luxury apartments in Manhattan, and it's driving up prices"},"content":{"rendered":"


\nThe supply of luxury apartments \u2014 defined as the top 10% of the market by price \u2014 has plunged 24% compared to pre-pandemic levels, according to Miller Samuel.
\n
\nSource : cnbc.com
\nRead more…There’s a shortage of luxury apartments in Manhattan, and it’s driving up prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The supply of luxury apartments \u2014 defined as the top 10% of the market by...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-139425","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-AgN","jetpack-related-posts":[{"id":54947,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rents-for-no-doorman-apartments-in-manhattan-hit-a-record\/","url_meta":{"origin":139425,"position":0},"title":"Rents for no-doorman apartments in Manhattan hit a record","date":"May 16, 2017","format":false,"excerpt":"\r Manhattan apartment rents are on the decline \u2013 unless you are living in a no-frills building without a doorman. For those units, rents just hit a record. While new luxury apartments with doormen \u2013 and other extras like pools and gymnasiums \u2013 are proliferating and landlords are cutting deals\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39489,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/manhattan-luxury-co-ops-fall-out-of-favour-as-new-condos-beckon\/","url_meta":{"origin":139425,"position":1},"title":"Manhattan luxury co-ops fall out of favour as new condos beckon","date":"January 3, 2017","format":false,"excerpt":"\r The luxury Manhattan co-op, a longtime sign of real estate prestige and exclusivity in New York, may be losing its appeal. Blame a glut of newly built high-end condos. Contracts for co-op apartments priced at US$4 million or more fell 25 percent this year from 2015, as buyers with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75711,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-york-city-real-estate-market-takes-a-tumble-in-the-fourth-quarter\/","url_meta":{"origin":139425,"position":2},"title":"New York City real estate market takes a tumble in the fourth quarter","date":"January 3, 2018","format":false,"excerpt":"\r CNBC's Robert Frank takes a look at the state of Manhattan real estate, which saw sale prices in high-end luxury apartments drop 21 percent in the fourth quarter of 2017.\r \r Source : cnbc.com\r Read more...New York City real estate market takes a tumble in the fourth quarter","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20580,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jitters-in-london-luxury-flat-market-as-investors-sell-for-bargain-prices\/","url_meta":{"origin":139425,"position":3},"title":"Jitters in London luxury flat market as investors sell for 'bargain' prices","date":"July 23, 2016","format":false,"excerpt":"\r Apartments bought off-plan offered for sale at less than price originally agreed with developers as data suggests Brexit vote could see housing sales slumpThe first real signs of distress in the market for luxury London apartments are starting to emerge, as investors who agreed to buy homes off-plan are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121377,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ultra-rich-driving-property-frenzy-in-singapore\/","url_meta":{"origin":139425,"position":4},"title":"Ultra-rich driving property frenzy in Singapore","date":"August 11, 2021","format":false,"excerpt":"\r Ultra-rich driving property frenzy in SingaporeS$32.9 billion worth of luxury properties transacted during the first half of 2021 alone, marking it as the biggest property frenzy Singapore has seen in over 10 years. In search of a safe harbour to park their wealth, tycoons have been stuffing cash into\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/08\/singapore-marina.jpg?fit=820%2C411&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":11260,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cooling-luxury-property-market-may-get-icier-thanks-to-dirty-money-crackdown\/","url_meta":{"origin":139425,"position":5},"title":"Cooling luxury property market may get icier thanks to 'dirty money' crackdown","date":"April 23, 2016","format":false,"excerpt":"\r There are warning signs that the luxury property market is coming down from a high, and calls for greater transparency of ownership could topple it furtherFrom New York to London the air seems to be getting a little thinner at the dizzy heights of the property market.The collapse of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139425"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=139425"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139425\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=139425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=139425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=139425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}