Market Insight
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...
Type
Bedrooms
Avg / Median
Currency
Pricing based on the past 12 month sales
Buildings
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...
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...
New York City's Rent Guidelines Board recently delivered welcome news to hundreds of thousands of New Yorkers--a freeze on rent increases on rent-stabilized apartments for the 2026–2027 lease year. While this isn't the first time in recent history that the board has decided not to increase rents,...
NYC brownstones and historic rowhouses come with details many of us dream about: stoops, carved staircases, pocket doors, marble mantels, shutters, and parlor floors with proportions that are rare in new and post-war construction. Considering many of these details were carved my skilled craftsmen...
Earlier this week, pharmaceutical giant Pfizer's former headquarters on East 42nd Street, which is in the midst of a conversion to residential, appeared to be in danger of collapsing. After the fire department received a call about falling bricks early Tuesday morning, a steel beam on the 21st fl...
From June 30 - July 6, 2026, only 175 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions. As this week included the Independence Day holiday on Saturday, July 4, observed by many businesses on Friday, it was one of the year's quieter weeks for reprice...
In New York City, luxury living is often measured vertically, with sky-high towers, hotel-style services, and amenity suites large enough to feel like private clubs. But for a certain kind of buyer, the more compelling dream is smaller, quieter, and closer to the street: a mint-condition home in ...
For many New Yorkers, the experience of living in a large rental building has changed dramatically over the last decade. The doorman, superintendent, and property manager are still essential, but more of daily life now runs through digital tools, from booking amenities and reserving elevators to ...
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