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Near the end of January 2026, the Federal Reserve voted to hold its benchmark interest rate steady. But as of January 28, the national average rate for 30-year mortgages was 6.18%, down from 6.25% last week and 7.03% one year ago (all figures courtesy of Bankrate).
As part of her 2026 State of the State, Governor Hochul announced the "Let Them Build" agenda, which promises to cut red tape and speed up the construction of new housing throughout New York. This largely revolves around common-sense reforms to the State Environmental Quality Review Act (SEQRA) a...
From January 20-26, 2026, fewer than 200 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions. These included the former home of fashion designer Steve Madden in Trump Palace on the Upper East Side. Mansion Global reports that Mr. Madden and his then-wi...

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In 2025, core New York City areas recorded just over 11,000 signed residential contracts: 44 percent condominiums, 54 percent co-ops and condops, and the remainder townhouses. If all properties sold at their last asking prices, total contract volume would exceed $25.5 billion. The overall average...
From January 19-25, 2026, a total of 155 residential contracts were signed in Manhattan, showing a slight week over week dip. It must be noted that this was an abbreviated business week due to the Martin Luther King Jr. Day federal holiday on Monday, January 19, and that the week was also marked ...
On a genteel Cobble Hill street, sales have launched at Boerum Place, the low-rise new condominium spanning the entire Boerum Place blockfront between Dean and Pacific Streets with the address of 110 Boerum Place. The first public availabilities start at $2.98 million for two-bedrooms, $4.95 mill...
Because the week ending January 23, 2026 was an abbreviated business week due to the Martin Luther King Jr. Day federal holiday on Monday, January 19, the number of sales recorded dropped week-over-week by default. However, the aggregate dollar amount did not dip precipitously during this time, m...
The week ending January 17, 2026 was one where the number of Manhattan residential sales recorded climbed week-over-week, and where all five of the week's highest-priced sales came in above $10 million, which couldn't help but drive up the aggregate dollar amount during this time. An Upper West S...
For much of the early to mid-20th century, 125th Street was the beating heart of Harlem’s Black cultural, political, and intellectual life. Malcolm X delivered sermons on the corner of 125th Street and Seventh Avenue. The Lenox Lounge hosted legends like Miles Davis and John Coltrane as writers i...
January is typically a slow month for Manhattan residential contract signings, and the first two weeks of this month indicate that 2026 is likely to follow suit. However, citywide contract data quoted in the New York Post found that the residential market was unusually busy in December 2025 in sp...
About 200 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions from January 13-19, 2026. These included six units at the Hudson Yards complex on the West Side - three at 35 Hudson Yards, the tallest building in the complex with a residential component, ...
With Manhattan’s omnipresent 25-foot-wide building lot pattern, full-floor residences have always been hiding in plain sight. The standard traces back to the Commissioner’s Plan of 1811, a sweeping and pragmatic blueprint that imposed the familiar street grid across most of Manhattan north of Hou...
As of mid-January 2026, basketball season is in full swing. Selection Sunday for March Madness is less than two months away, and the professional season got off to a robust start. Early in the 2025-2026 NBA season, the league announced that viewership was up 92% year-over-year with the most viewe...

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