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Market Insight

A new condo tower is gearing up for a sales launch at 842 Sixth Avenue, which will bring 94 condo units and ground-floor retail to the edge of Midtown South's Flower District, just below Herald Square. Designed by Isaac & Stern Architects and developed by Pro-H Development, the building has toppe...
From March 24-30, 2026, over 200 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions. These included a number of penthouses and luxury listings; however, the multi-million-dollar price cuts are not necessarily a sign of distress, but rather of high-end...
A two-bedroom co-op on the Upper West Side has a windowed kitchen, generous closet space, an address near Central Park, and an asking price of under $800K. An April Fool's joke listing? Is it haunted or the former scene of a crime? No to all - this is a Housing Development Fund Corporation (HDFC)...

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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...
Record-breaking penthouse sales have been unfolding across New York City in recent months, from Astoria to the Upper East Side to Williamsburg. In Manhattan, the $89.5 million penthouse at 1122 Madison Avenue set a new Upper East Side condominium record, both in total price and price per square f...
On the fourth full week of March 2026, both the number of Manhattan residential apartment sales recorded and aggregate dollar amount ticked up slightly week-over-week, led by eight sales that closed for over $10 million. The majority of sales activity took place at a low for Manhattan price range...
From March 23-29, 2026, 262 residential contracts were signed in Manhattan, with 38 apartments and townhouses asking over $3.9 million. This marked a significant week-over-week increase, not to mention a small year-over-year uptick in the number of contracts signed, though the aggregate dollar am...
The Torch, a supertall hotel-and-observation tower rising at 740 Eighth Avenue, has received its first sections of cladding, offering a clearer glimpse of what the somewhat clandestine project will look like upon completion. The development is a novel addition to New York City, combining an 825-k...
Earlier this week, the NYC Department of Housing Preservation & Development and WXY architecture + urban design released ADU for You, an online platform to help New York City homeowners who wish to take advantage of City of Yes for Housing Opportunity's new rules for accessory dwelling units (ADU...
Windsor Terrace offers a peaceful, down-to-earth, almost suburban atmosphere between Prospect Park and Green-Wood Cemetery in Brooklyn. The area is largely residential, with housing stock mostly dedicated low-rise pre-war apartment buildings, but new construction multi-family buildings are rising...
It has been proclaimed that “the future is female,” but women have made indelible marks on New York City’s history. The writings of Ada Louise Huxtable and Jane Jacobs had a significant impact on the city’s planning and architecture. Peggy Guggenheim and Gertrude Vanderbilt Whitney's eyes for art...
Whether you're buying a luxury condo or an entry-level co-op, bidding wars have become common for approachably-priced units in sought-after locations. While elevated interest rates have priced out some buyers, in some markets they’ve only made bidding wars less intense—not eliminated them altoget...

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