NY Times Highlights NoMad Neighborhood Construction
Monday May 13, 2013
The NY Times recently published a piece describing the “striking transformation” that the NoMad neighborhood has undergone. They highlight how NoMad, which “has seen very little new construction since the Great Depression,” has started to gain new condo developments.
The piece zones in on 241 Fifth Avenue, the 20-story glass condo tower, that is close to completion. According to the developers of the tower, “more than half of the units are already in contract or have contracts out to buyers.” In addition, prices in the building have risen 20% since the first units went on sale.
It is so great to see the NY Times recognize the fantastic transformation that the NoMad neighborhood has seen in the last decade. For more, check out the full piece.View all Headlines