Market Insight
While amenity-rich rentals may have put Long Island City on many New Yorkers' radars, a condo building boomlet shows no signs of slowing down. The latest entrant, Noble LIC, has taken shape at 27-09 40th Avenue on the cusp of Long Island City, Astoria, and Dutch Kills. A site visit earlier this s...
According to recent data from Dogster, approximately 50% of New York households own a pet – a figure that will come as a shock to anyone who’s visited a New York City park on a nice day, and down from 66% of households in the United States. However, New Yorkers’ love for their pets shows in their...
Manhattan Sales:
For the week ending April 26, 2024, $384.9M worth of transactions across 201 condo, condop, and cooperative deals were recorded
86 condo sales came to an aggregate price of $253M
Seven condop sales came to an aggregate price of $8.18M
107 co-op sales came to an aggregate pr...
Type
Bedrooms
Avg / Median
Currency
Pricing based on the past 12 month sales
Buildings
As conversations continue about rezoning and reimagining New York’s central business districts to make them more conducive to residential life, it is worth remembering that the Financial District did it first. When businesses left Lower Manhattan in the wake of the 9/11 attacks, many of the empty...
As low inventory continues to push up prices on the buying and selling side of the market in New York City, many local residents are wondering where to go next. Fortunately, there are still several great neighborhoods within the city limits where renters and buyers can find affordable homes that ...
In early April 2024, former President Trump posted a $175 million bond in his civil fraud case in New York, a move that prevented his assets from being seized while the case is being appealed. Perhaps this lent buyers some peace of mind: Residence #47BC at One Central Park West, the rebranded res...
In the early days of the coronavirus pandemic, some blamed New York's high population density for the high number of cases. However, the notion that cities are pandemic hot spots was quickly dispelled, and the city's tallest buildings are frequently home to its highest-priced sales and contracts,...
In the wake of a social media meme, “my Roman Empire” has become shorthand for the small, random things people think about on a daily basis. However, some architects’ Roman Empire actually dates back to this period: Arches appeared prominently in ancient Rome and were primarily used to support mo...
Since early 2024, squatters have been making headlines with increased frequency in the New York City area. From the one-time caregiver who refused to leave his former employer's $2.5 million home to the case of a duo of Porsche-driving squatters who managed to occupy a home with a fake lease, squ...
Due to its somewhat remote location, the elegant and staid East End Avenue spent years being overlooked among Upper East Side buyers. However, that has started to change. The street shot to prominence in 2018, when former President Barack Obama was rumored to be moving to the prestigious 10 Graci...
On the southwest corner of 29th Street, 262 Fifth Avenue spent a few years sitting fallow, including at the height of the pandemic. However, the site is anything but quiet now: The concrete structure is fully up, cladding is on the rise, and both professional and armchair architecture critics the...
Buying a home is already an expensive endeavor. To make matters worse, buying invariably comes with closing costs. Closing costs run the gamut from transfer taxes and bank fees to attorney and appraiser fees. The actual tally for closing costs is difficult to determine, since it varies widely dep...
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Market Reports & Research
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Great Listings
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