Market Insight

Where buildings meet the sky: The return of the cornice, from Fifth Avenue to Lispenard Street

By CityRealty Staff | From Future New York Wednesday, April 15, 2026

Architects have long pondered how best to signify that a building has completed its ascent into the heavens, and the most popular means has been the cornice, a protruding element that overhangs the building’s façade. This element is usually not too tall, so as not to seem ungainly, and not too de...

As pied-à-terre tax looms, these 12 NYC condos offer ongoing 421A tax abatement savings

By CityRealty Staff | From Future New York Wednesday, April 15, 2026

On Tax Day, most New Yorkers are thinking about what they owe. But in the world of real estate, the conversation is increasingly shifting to who isn’t paying enough / who can afford to pay more. Yesterday, Governor Kathy Hochul brought back to the table a pied-à-terre tax that would target high-e...

Price Cuts: Kiefer Sutherland's former West Village house reduced by $7M; Four-bed at The Dakota gets $2M haircut

By CityRealty Staff | From Future New York Wednesday, April 15, 2026

From April 8-14, 2026, over 250 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions. The week-over-week increase seemed to mark a return to business after the spring holidays, and included multiple mid-level reductions as opposed to deep cuts. Addition...

From Market Data City Stats: Apartment Prices by Building

Pricing based on the past 12 month sales

Buildings

Regions

Upper East Side
Upper West Side
Midtown
Downtown
Financial District/BPC
Brooklyn

From Buyer's Guide Get the Insider Tips on Buying Your Dream NYC Apartment

From closing costs What Fees to Expect When You Close Your Apartment

Top-selling NYC buildings and priciest contracts of Q1 2026

By CityRealty Staff | From New Developments Wednesday, April 8, 2026

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 is a maisonette? See 25 beautiful examples from $600K of NYC townhouse living without compromise

By CityRealty Staff | From Future New York Tuesday, April 14, 2026

Mayor Zohran Mamdani campaigned on a platform of affordability for all aspects of New York City life, including child care. To that end, he has added for than 1,000 seats for three-year-olds in the city's existing 3-K program; and in March 2026, he and Governor Hochul announced that four communit...

"Tower of Power" duplex leads Manhattan sales; Phish frontman Trey Anastasio nets 35% profit on Eldorado co-op

By CityRealty Staff | From Future New York Tuesday, April 14, 2026

The week ending April 11, 2026 saw 205 residential apartment sales recorded in Manhattan, a small week-over-week decrease. Co-ops drove overall volume, largely supported by lower price points, but units in prestigious cooperatives on the Upper East Side and Central Park West accounted for three o...

Over $600M in Manhattan contracts includes former Kips Bay Show House; George Plimpton's Upper East Side duplex finds a buyer

By CityRealty Staff | From Future New York Monday, April 13, 2026

From April 6-12, 2026, 254 residential contracts were signed in Manhattan. This marks a small week-over-week uptick; but while all of the week's ten highest-priced contracts were asking over $10 million, the aggregate dollar amount dipped slightly during this time, underscoring the enormous sway ...

Top 20 NYC apartment buildings with indoor squash courts

By CityRealty Staff | From Future New York Friday, April 10, 2026

From April 10-12, 2026, the 2026 U.S. Masters Squash Championships will take place in New York City. This variation on tennis dates back to the 19th century, when it was invented at British boarding school Harrow. In the present day, governing body World Squash has a membership of 115 National Sq...

Gorgeous New York City apartments with exposed brick walls from $399K

By CityRealty Staff | From Great Listings Friday, April 10, 2026

New York City is interesting for its integration between what was, what is, and what’s next. Even as glassy new developments go up with open layouts, warm material palettes, and lofty proportions that nod to our industrial past, one defining detail remains difficult to replicate: exposed brick. F...

From $995K: The Bowen launches sales on stylish condos in booming Brooklyn area

By CityRealty Staff | From Future New York Friday, April 10, 2026

Over 100 years after 289 Schermerhorn Street was constructed as an office in Downtown Brooklyn, it has been expanded and converted to The Bowen, a new condominium where sales have recently begun. The first public availabilities start at $995K for one-beds, $1.285 million for two-beds, and $3 mill...

Top-selling NYC buildings and priciest contracts of Q1 2026

By CityRealty Staff | From Future New York Wednesday, April 8, 2026

Price Cuts: $5M off ‘Ghostbusters’ building penthouse; La La Anthony cuts 18% off Clinton Hill townhouse

By CityRealty Staff | From Future New York Tuesday, April 7, 2026

From April 1-7, 2026, fewer than 200 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions. This is a marked week-over-week dip in the number of price reductions, but it must be noted that Easter, Passover, and spring break for New York City schools all ...

Women dominate top celebrity deals of Q1 2026; Deals include NYC homes of Gracie Abrams, Annie Leibovitz, and Oleg Cassini

By CityRealty Staff | From Iconic Addresses Tuesday, April 7, 2026

In April 2026, Grammy Award-winning singer Mariah Carey's Tribeca penthouse at Franklin Tower hit the market for $27 million. She has owned it since 1999, when she was rejected in her bid to buy Barbra Streisand's former penthouse at The Ardsley. From there, she bought two apartments at Franklin ...