Skip to Content
CityRealty Logo

Market Insight

Earlier this month, Mayor Zohran Mamdani announced that sprawling homeless encampments on the Far West Side near the Intrepid Museum are to be cleaned up. As per the Mamdani administration's new approach, the Department of Homeless Services will conduct the sweeps, as opposed to the NYPD in the p...
For more than three decades, Vickey Barron has been one of New York City's most respected luxury brokers, advising buyers, sellers and developers on everything from prewar co-ops to billion-dollar new developments. Having helped shape floor plans for numerous residential projects, the Compass age...
Like a miracle, in a sea of listings you discover a two bedroom that is not only under $600,000 but also under $300,000. Better yet, it’s in a desirable neighborhood, has recently been renovated and comes with a den, a large living room and an eat-in kitchen. What’s the catch? It is nearly certa...
 
In the first quarter of 2026, Manhattan’s apartment contracts totaled $6,906,075,016 in ask volume across over 2,500 deals, with the average asking price coming in at $2.681M and an average of $1,709 per square foot. The buildings that accounted for the most activity tend to follow a familiar pa...
From July 7-13, 2026, over 250 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions. While the slower vacation sales season is in full swing, this shows a far more active week for repricing than the previous week.
Between a successful rental-to-sales conversion of The Strathmore and new construction taking shape, Yorkville's residential building boomlet shows little sign of slowing down. But high-rise rental The Serrano was an early entrant, having been erected at 1735 York Avenue in 1986, and the apartmen...
On Tuesday, the Landmarks Preservation Commission (LPC) approved the revised redesign of 675 Hudson Street, clearing the way for BKSK Architects’ restoration and rooftop addition at one of the Meatpacking District’s most distinctive buildings. The former Herring Safe and Lock Company factory, som...
July 14 marks the celebration of Bastille Day, or the national day of France. The day is the anniversary of the storming of the Bastille prison in 1789, a significant moment during the French Revolution and now celebrated as a national holiday. National events traditionally feature a military par...
Until the late twentieth century, New York City had one housing option that has now all but disappeared: the single-room occupancy or SRO, also known as a rooming house unit. From the fictional Jo March in Little Women, who lived in a mid-19th-century rooming house, to the real-life Sylvia Plath...
On the week ending July 11, 2026, 330 residential apartment sales were recorded in Manhattan. This is nearly 100 more sales than were recorded the previous week, and included 37 luxury closings priced over $3.9 million; at a total of $253 million, such sales accounted for nearly 40 percent of the...
From July 6-12, 2026, 228 residential contracts were signed in Manhattan. This was a return to a full business week and showed an 18 percent week-over-week increase in the number of contracts signed. The aggregate dollar amount also ticked up during this time despite only one uber-luxury contract...
In new development condos, the uppermost floors are typically reserved for penthouses that are sometimes the only residential units to feature private outdoor space. But in select buildings with prime locations and large upper-level floor plates, high floors are sometimes dedicated to outdoor ame...
Greenery is more than just decorative in the "concrete jungle." A tree-lined block, a planted median, a shaded plaza, or a few thriving pots on a balcony can soften the city’s hard edges and make daily life feel calmer, healthier, and more human. Yet for much of New York’s history, parkland and g...

More In Market Insight