Seems that almost all the buildings I casually have looked at on the UWS and UES (as well as co-ops in Chelsea) have much less inventory than last summer and have had better sale prices. Calm before the storm or is Manhattan real estate truly becoming bulletproof?

Just look at se condo index. Comments on this board are mostly gloom and doom.

"Much less inventory" doesn't square with "better".

Unless you're a seller, in which "better" paradoxically means "higher". But if you were a seller why would you be looking at buildings?