THE CONDO BOOK PROJECT

MRE

Named as preparing the real estate tax estimate in 5 New York City condominium offering plans, in the plan's text. The estimate projects the building's first-year real estate taxes; the Department of Finance sets the actual assessment.

Plans
5
Residential units
37
Average $/unit
$1.38 million
Years
2022–2025
ManhattanBrooklynQueensBronxStaten Island 489 Seventh Avenue Condominium, 489 Seventh Avenue112 Luquer Street Condominium, 112 Luquer Street110 Luquer Street Condominium, 110 Luquer Street171 Luquer Street Condominium, 171 Luquer StreetArch 31 Condominium, 30-63 31st Street

Pro · Advanced analysis

Recent Growth

MRE's buildings and units by year for the last 6 years, and whether the pace is rising or falling.

4 buildings accepted in 2024–2026 (2026 to date), against 1 in 2021–2023: up 300%. 80% of all 5 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date0—
2025310
202414
20230—
2022123
20210—

Latest: 489 Seventh Avenue Condominium, accepted Aug 11, 2025.

Strongest Relationships

The firms named most often on the same buildings as MRE, at least 2 in common.

Architects

Sponsor's counsel

From the same offering plans as the table below. A firm's own affiliates aren't counted.

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CondominiumAcceptedUnits$/unit
489 Seventh Avenue Condominium489 Seventh Avenue · Brooklyn · rehab20254$1.78 million
112 Luquer Street Condominium112 Luquer Street · Brooklyn · rehab20253$1.33 million
110 Luquer Street Condominium110 Luquer Street · Brooklyn · rehab20253$1.33 million
171 Luquer Street Condominium171 Luquer Street · Brooklyn · rehab20244$1.2 million
Arch 31 Condominium30-63 31st Street · Queens · new construction202223$1.23 million

$/unit is the offering price on the AG record divided by the residential units; the average is across the plans with both. Different spellings of one firm's name are counted together.