Skip to Content
CityRealty Logo

Market Insight

From February 10-16, 2026, fewer than 150 condos, co-ops, condops, and townhouses in core New York City neighborhoods experienced price reductions. This represents a noticeable week-over-week drop in price cuts and comes at a time when inventory is low (CityRealty sales listings show fewer than 7...
On the second week of February 2026, the number of Manhattan residential sales recorded by the city dipped slightly week over week, likely the result of recording sales that took place over a holiday week and when the city was gearing up for one of the biggest snowstorms in years. However, one wo...
Back in 2023, RJ Capital Holdings and Top Rock Holdings filed plans to convert a 14-story office building at 609 Fifth Avenue into a 29-story mixed-use condo tower comprising 66 high-end residential units. The development at the southeast corner of East 49th Street is located directly across the ...

Type

Bedrooms

Avg / Median

Currency

Pricing based on the past 12 month sales
Buildings
 
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...
From February 9-15, 2026, a time when New York City was starting to thaw out after days of freezing temperatures, 222 residential contracts were signed in Manhattan, representing a week-over-week leap in the number of contracts signed. While the rise in contracts included several entry- and mid-l...
Many new buildings talk a big game about the jaw-dropping views and luxurious amenities to be enjoyed on their roof decks, but the roofs themselves tend to be aesthetically uninspired and a mish-mash of mechanical units and a cacophony of thoughtless enclosures. There is something to be said for ...
At the end of 2025, a study by the Wine Market Council found that Millennials have overtaken boomers as the largest group of wine consumers, and that interest in wine is climbing among members of Gen Z. Participants also noted that wine makes occasions feel more special, and that both of the youn...
Beware if you need a mortgage. Underwriting is notoriously challenging. Since the pandemic, many lenders have raised their qualification requirements. This means that more than ever before, applicant’s finances, job security, and down payment funds will be under scrutiny. Here are a few things po...
Shoddy construction, chronically broken elevators, stratospheric monthly fees, delinquent tenants, and toilet flushes loud enough to keep one up at night are just some of the reasons why New Yorkers have filed lawsuits related to problems originating in their own buildings. But is litigation wort...
At 860 feet high, 262 Fifth Avenue has dethroned the nearby Madison House as the tallest building in NoMad and is just behind 520 Fifth Avenue as the tallest residential building on Fifth Avenue. Moreover, with a 19:1 slenderness ratio, it is not far behind 111 West 57th Street (23:1 slenderness ...
In Q4 2025, co-op listings are lingering on the market for significantly less time than they were just a year ago: year over year, co-op listings in New York City have seen a 20% decrease in average days spent on the market. Yet, for sellers who are generally anxious to turn around their properti...
Fewer than 200 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions from February 3-9, 2026. These included three listings at Selene, the Foster + Partners-designed condominium located slightly south of Billionaires' Row. The tower itself is next to the...
After weeks of cold weather, New Yorkers are almost certainly ready for summer. The smell of chlorine can evoke that time of year for many, given its use sanitizing public pools, but a new, gentler alternative is growing in popularity among swimmers and pool operators alike. Chlorine is still pre...

More In Market Insight