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CityRealty.com Debuts Luxury Apts. Report

NEW YORK CITY-Its new research—which shows healthy recent activity—is part of a larger effort to equip foreign investors with information on the local market.

By Rayna Katz | Updated on August 23, 2013

NEW YORK CITY-CityRealty.com has created a new bi-monthly report that tracks the CityRealty 100 Index, which compiles historical sales and current listing data for the top 100 condominium buildings in Manhattan. The launch of the research, called the CityRealty 100 Report, follows the debut of several other reports by the listings site due to interest in New York investment that is coming from a new client base, according to Pete Culliney, director of research and analytics.

“We started dealing with a more well-heeled clientele, especially foreign investors looking for a pied-a-terre or some other type of second home,” he tells GlobeSt.com. “As they were shopping online and trying to figure out their purchase, they came across us and realized we have a lot of material. So we added a focus to provide market information that wasn’t there previously.”

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