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Dorchester Tower - 155 West 68th Street Market Report (2008 Overview)
Dorchester Towers Condominium Report
2008 Real Estate Year in Review
In 2008 12 properties sold at Dorchester Towers at 155 W 68th St New York, New York 10023..   The building has approximately 680 apartments which half are owned by individuals.   The turnover rate was approximately 3.5% last year.   For a comparison of years past, in 2007 ~ 12 properties sold and in 2006 ~ 15 properties sold.  On average the typical turnover rate for any given building is approximately 7-9%. Breakdown of the Type of Units that Sold in 2008 - As we all know the Dorchester Towers Condominium have a number of different layouts for each type of bedroom. Each layout offers its unique exposure,   
Alcove Studios - 2 Units Sold ~ Average Price/ Square Foot: $ 956.50 One Bedroom - 6 Units Sold ~ Average Price/ Square Foot: $ 1,069 One Bedroom w/ dining alcove(Junior 4) - 4 Units Sold ~ - Average Price / Square Foot: $ 947      *No 2 bedroom's sold in 2008*
 Compared to The Upper West Side Condominium  w/doorman in 2008:
 Alcove Studios - Average Price of $677,000 ~ Price/ Square Foot: $ 1,157 One Bedroom - Average Price of $922,000 ~  Price/ Square ... more

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