Exclusive sale: 15 William Street #42C
Apartment Highlights
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Unit 42C is a highly contemporary, spacious, and well-equipped residence with everything that compliments successful and dynamic NYC lifestyle.
Featuring: ⎆ Extra high 42nd floor with the most amazing views of yachts and cruises!! ⎆ Oversized windows with southern exposures ⎆ 9’8” ceilings ⎆ Built-in home office ⎆ Asco Washer & Dryer in unit ⎆ Only finest finishes & high-end appliances ⎆ Multi-zone climate control system ⎆ Ultra modern bathroom design ⎆ Expansive walk-in closet |
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Financial District
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Although the Financial District of NYC is immediately associated with Wall Street, the stock market and investment bankers, the neighborhood at the southern tip of Manhattan is better recognized historically as the original settlement of New York City. This is where the arriving Dutch settlers under Peter Stuyvesant built their homes; Wall Street was the location of an actual defensive wall, constructed across the northern edge of the village. This neighborhood is so old the streets still have names and not numbers on the NYC street grid.
The Financial District, of course, is where the bears, bulls and wolves of Wall Street hunker down in high-rise apartments after the market closes. When the money crowd plays they go uptown but residents can still get a steak at Delmonicos as New Yorkers have done since 1837 when it opened as the city's first real restaurant. The suddenly quiet nights and weekends of the Financial District can be enjoyed in cafes and taverns on side streets like Stone and John and Broad. |
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Market Analysis
Current market trends show that median sale price for 1 bedroom in FIDI decreased 17% and 33% from Jan 2017 and Jan 2008 respectively - according to Urban Digs.
Based on realtor.com research, the real estate market is recovering. That means, prices will eventually go up. Slower or sooner, those who buy in the buyer market are creating a great room for value appreciation.
Here are a few highlights from the research. National recovery trends can be found here.
Based on realtor.com research, the real estate market is recovering. That means, prices will eventually go up. Slower or sooner, those who buy in the buyer market are creating a great room for value appreciation.
Here are a few highlights from the research. National recovery trends can be found here.
- The realtor.com Housing Market Recovery Index reached 103.7 nationwide for the week ending July 25, 2020, posting a 2.7 point increase over last week and bringing the index 3.7 points above the pre-COVID baseline.
- Regionally, the West and Northeast continue to lead the recovery with the overall index now visibly above the pre-COVID benchmark.
- 30 of the largest 50 markets in the country are now above the recovery benchmark, with the overall index showing greatest recovery in New York, Boston, Seattle, Las Vegas and Philadelphia.
