Market Insight
On Sunday, February 1, the Grammy Awards will celebrate excellence in music over the past year. Comedian Trevor Noah will host the show, and performers will include Lady Gaga, Sabrina Carpenter, Justin Bieber, Clipse, and Pharrell Williams. All of this year's Best New Artist nominees will perform...
Since 1991, the James Beard Awards have been among the most prestigious awards for culinary excellence in the United States. This year, from white tablecloth dining rooms to buzzy neighborhood bakeries, the New York City-based James Beard Award semifinalists tell a story not just of culinary exce...
Former Mayor Eric Adams brought the so-called “Trash Revolution” to New York City, which meant changes for many owners and renters in handling waste at their building. Bins started appearing for street pickup — what Adams called the “containerization” of New York City — and separating your food a...
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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...
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...
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...
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