Market Insight
In loft buildings dating back to the mid-19th century, exposed timber columns, joists, and ceiling beams add a note of historic charm to a converted home. But between new building techniques, a rise in popularity, and revised building codes, a number of 21st century buildings are coming to embrac...
From June 8-14, 2026, 277 residential contracts were signed in Manhattan. This is a small week-over-week increase, but was 57 more contracts than were signed the same week in 2025. Contract activity typically slows in June following strong volume in April and May, but 2026 could be the strongest ...
On the week ending June 13, 2026, 218 residential apartment sales were recorded in Manhattan, holding steady week over week. Four of the five highest-priced sales were for homes with views of Central Park West, and located no less than one block from "New York's backyard."
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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...
What New York’s transparency bill could mean for whisper listings + Public listings with open houses
A stack of bills awaiting Governor Kathy Hochul’s signature includes the “Fair and Transparent Real Estate Listings Act,” a measure that would make public marketing the default for residential sale and rental listings in New York State. The bill does not eliminate private listings outright, but i...
Manhattan’s luxury housing market is already subject to mansion taxes and transfer taxes. As of July 1, 2026, the luxury market will be subject to another tax—New York’s pied-à-terre tax on second homes.
From June 2-8, 2026, nearly 450 condos, co-ops, condops, and townhouses experienced price reductions. This is a noticeable week-over-week spike in the number of price reductions; however, the vast majority of cuts were small reductions below 10 percent, possibly aimed at drawing attention to a li...
After Wednesday night’s Game 4, when the Knicks erased a 29-point deficit to beat the San Antonio Spurs by a single point, New York did what New York does best: turned a basketball game into a full-city event. Madison Square Garden was sold out, celebrities filled the courtside seats, and fans po...
Directly east of Midtown's prominent office towers is one of its more peaceful enclaves. Turtle Bay spent centuries as farmland, and its residential renaissance began over 100 years ago when Charlotte Hunnewell Sorchan bought and renovated a row of townhouses, created a garden from their adjoinin...
From June 1-7, 2026, 261 residential contracts were signed in Manhattan. This was a week-over-week spike, possibly due to the return to a full business week after Memorial Day. It was a busy time for high-end contracts with 44 listings asking over $3.9 million, and five of the week's ten highest-...
As of mid-June 2026, a lottery is underway for the affordable apartment waitlist at Three Waterline Square, one of three towers in the Waterline Square complex on the Far West Side, and the only one entirely dedicated to rentals. Households earning 40% ($30,515 - $73,280/year) and 60% of the Area...
Prior to the pandemic, New York City was on a record-setting tourism streak. In 2019, the city welcomed more than 66.6 million visitors, marking its tenth consecutive annual high, according to the city’s official tourism bureau, NYC & Company. That momentum was abruptly interrupted by the pandemi...
On the week ending June 6, 2026, 217 residential apartment sales were recorded in Manhattan. As this week marked the return to a full business week after the Memorial Day holiday, it likely accounted for the week-over-week jump in the number of sales recorded. This took place at a time when stati...
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Get To Know
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- From Get To Know What New York’s transparency bill could mean for whisper listings + Public listings with open houses Friday, June 12, 2026
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Rental Building News and Offers
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Market Reports & Research
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Great Listings
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- From Great Listings What New York’s transparency bill could mean for whisper listings + Public listings with open houses Friday, June 12, 2026
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Carter's View
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