A higher floor is not automatically the better buy. Protected views, line efficiency, light, privacy and scarcity must be compared together.
New development buyer advisory · Manhattan
Buy new development in Manhattan.
Manhattan new development can place two materially different acquisitions inside the same sales gallery. Ivan compares line, floor, exposure, monthly economics, sponsor terms and resale position before the presentation becomes the decision.
The relevant number can include sponsor transfer taxes, legal fees, mansion tax, working-capital contributions, monthly carrying costs and financing exposure—not only price.
Future value depends partly on how many similar residences may compete with the unit, inside the building and across its immediate market.
Documented market experience
Compare the residence—not only the address.
Ivan’s documented Manhattan experience includes sponsor purchases at 720 West End Avenue and transactions at One Manhattan Square, The Orion and Carnegie Park Condominium.
The concise buyer brief
What buyers should pressure-test.
01Should a Manhattan new-development buyer use the sales gallery’s representative?
The onsite sales team represents the sponsor. A buyer may choose separate representation focused on the buyer’s unit selection, economics, negotiation, diligence coordination and long-term position. Representation and compensation terms should be confirmed before touring or registration.
02What can be negotiated if the sponsor will not reduce the price?
Depending on the project and market, the discussion may include transfer taxes, sponsor attorney fees, common-charge credits, storage, parking, upgrades, financing terms or timing. Nothing is assumed; every concession must be documented and evaluated against the complete economics.
03How should two units in the same building be compared?
Compare usable layout, exposure, view protection, floor premium, noise, privacy, monthly carrying costs and the number of similar units. The prettier presentation is not always the stronger acquisition.
04What should counsel review in a sponsor purchase?
The buyer’s attorney leads legal diligence, including the offering plan and amendments. Ivan helps identify property, sponsor, cost and timeline questions that should be coordinated with counsel, the lender and other specialists.
Private Manhattan project comparison
Start before the sales gallery.
Share the project, residence or search. Ivan will respond directly and help define the most useful comparison before you register or tour.