For developers, 2025 appears to be a banner year as they look past federal policy uncertainty to the long-awaited good times.
On the condo front, Naftali Group — which nabbed third — tapped the luxury market with seven active projects, including Williamsburg Wharf, the 850-unit waterfront development where the developer is erecting an “urban resort” on 3.75 acres.
Sales for the first phase launched in September, and the unfinished 89-unit condo is now more than 50 percent sold.
Across the river, Naftali was wrapping up construction on the 62-unit Upper East Side luxury condominium project at 255 East 77th Street and the 45-unit development at 211 West 84th Street, known as the Henry. A penthouse at the Robert Stern-designed project is listed for $26.9 million.