Paul Whalen is a partner at the world-renowned architecture firm Robert A.M. Stern Architects (RAMSA). Whalen is a master at infusing the best of 20th-century traditional co-op design with the conveniences and necessities of 21st-century modern lifestyles. CityRealty caught up with Whalen to talk...
As the holiday season gives way to the new year, it is not uncommon for sellers to temporarily remove their listings from the market only to relist them at slightly lower prices once the seasonal activities have died down. This could explain why over 200 condos, co-ops, condops, and townhouses th...
On the third full week of January 2025, Manhattan residential contracts experienced a sharp drop. The Martin Luther King Jr. Day federal holiday on Monday, January 20 might have led to fewer contracts being signed by default, and Olshan quips that plunging temperatures could have led to a plunge ...
Condos (avg price / ft2)
Co-ops (avg price / ft2)
Manhattan Sales:
For the week ending January 24, 2025, $257,278,458 worth of transactions across 135 condo, condop, and cooperative deals were recorded
61 condo sales came to an aggregate price of $160,213,108
Seven condop sales came to an aggregate price of $5,999,675
67 co-op sales came t...
In the wake of a 2005 rezoning, Brooklyn’s formerly industrial 4th Avenue has spent the past few years welcoming new residential development. One of the most recent and striking examples is Lumina, an 11-story condominium on the corner of 20th Street and 4th Avenue that makes a bold statement wit...
At the northeast corner of Third Avenue and East 23rd Street, at the meeting of Kips Bay and Gramercy, a new mixed-use condo development has made a modest mark on the Manhattan skyline. Rising from 201 East 23rd Street (aka 301 Third Avenue), the 7,200-square-foot corner lot sits two short blocks...
According to census data, New York leads “no-car households” in the United States by a comfortable margin. Over 56% of households do not own even one car, nearly 20 percentage points more than second-place finisher Washington DC. Of New York car owners, a closer look by the NYC EDC found that onl...
Manhattan Sales:
For the week ending January 17, 2025, $361,554,293 worth of transactions across 183 condo, condop, and cooperative deals were recorded
93 condo sales came to an aggregate price of $192,683,613
Five condop sales came to an aggregate price of $14,125,000
85 co-op sales came t...
Perhaps due to seasonality, residential inventory is down all over New York as of this writing. Scarcity like this can't help but drive prices up, though CityRealty data shows that prices have been climbing, especially in prime residential neighborhoods, over the past several months.As a result, ...
Winter is technically only one month in as of this writing, but New York has already avoided the “snow drought” of the past few years: Manhattan saw about two inches of snow on the winter solstice in December 2024, and about 1.6 inches of snow were recorded in Central Park following a recent week...
Until mortgage rates drop, there is no way to avoid the fact that if you need financing, the monthly carrying costs on your home will be higher than they were just a few years ago when mortgage rates hit historic lows. However, mortgage rates aren't the only factor that impacts monthly carrying c...
January 2025 is nearly half over, but nearly 400 residential contracts have already been signed in Manhattan. This includes 168 signed from January 13-19, 2025, showing an 8% week over week decline in activity. However, the median last asking price increased across all unit types, which was helpe...
More In Market Insight
-
6sqft (our blog)
- From Policy NYC Council creates first-ever language bank for city’s immigrant communities
- From Distinctive Homes For $2.75M, row house charm and a big front porch, a block from Prospect Park
- From New Developments Nation’s largest office-to-residential conversion starts leasing for 1,300 apartments in FiDi
- From Affordable Housing City seeks proposals for Meatpacking District development with 600 apartments
- From Policy New York officials challenge Trump’s federal funding freeze
-
Get To Know
- From Get To Know Elegant condos designed by Robert A.M. Stern Architects; Checking in on their new Greenwich Village tower at 16 Fifth Avenue Wednesday, January 29, 2025
- From Get To Know With parking at a premium, see NYC listings with on-site parking spaces Thursday, January 23, 2025
- From Get To Know Snow season in New York City: What building owners and managers need to know Tuesday, January 21, 2025
- From Get To Know Too good to be true? Assessing the risks and benefits of below market value units with higher carrying costs Tuesday, January 21, 2025
- From Get To Know Seven tax credits every NYC homebuyer should know + Modern apartments with tax abatements into the 2030s Tuesday, January 14, 2025
-
Rental Building News and Offers
- From Downtown Brooklyn Sky-high living: Homes in the tallest residential buildings in 30 NYC neighborhoods Thursday, November 21, 2024
- From Astoria Why NYC's rental market traditionally cools at the end of the year + New rentals with grand opening offers Saturday, October 19, 2024
- From Downtown Brooklyn Open Houses: NYC apartments and buildings to see over OHNY Weekend Thursday, October 17, 2024
- From Astoria NYC 'heat season': Know your rights + See newly launched buildings with central temperature control Thursday, October 10, 2024
- From Chelsea Best NYC buildings for working from home: Condos and rentals featuring coworking lounge and terrace access Friday, September 13, 2024
-
Market Reports & Research
- From Monthly Market Reports CityRealty's Q3 2022 Manhattan Residential Market Report + Best-Selling Residential Buildings Wednesday, December 14, 2022
- From Monthly Market Reports CityRealty's Q2 2022 Manhattan Residential Market Report + NYC's Best-Selling Residential Buildings Thursday, July 21, 2022
- From Monthly Market Reports NYC's Best-Selling Residential Buildings + CityRealty's Q1 2022 Manhattan Residential Market Report Thursday, June 9, 2022
- From Monthly Market Reports NYC's Best-Selling Buildings of Q4 2021 + CityRealty's Quarterly Manhattan Residential Market Report Friday, February 18, 2022
- From Annual Market Reports NYC's Best-Selling Buildings of 2021 + CityRealty Q3 Manhattan Residential Market Report Friday, December 17, 2021
-
Great Listings
- From Great Listings Price Cuts: Last sponsor condo at 378 WEA gets discount; Gorgeous Brooklyn Heights 3-bed with roof deck now 5% off Tuesday, January 28, 2025
- From Great Listings Lumina: Sales launch for Jenga-like condos in South Slope Friday, January 24, 2025
- From Great Listings From Skidoo to Redo: Checking in on Naftali's latest Downtown condo at 201 East 23rd Street Thursday, January 23, 2025
- From Great Listings With parking at a premium, see NYC listings with on-site parking spaces Thursday, January 23, 2025
- From Great Listings Price Cuts: Liquor exec's Park Ave spread gets $1.25M haircut; Chelsea townhouse of Victorian actress gets discount Wednesday, January 22, 2025
-
Carter's View
- From Behind The Buildings One Hundred Barclay: A Monument of American Progress in Architecture Friday, January 3, 2025
- From In The Details Iconic NYC Holiday Locations Tuesday, December 24, 2024
- From Behind The Buildings As the Waldorf Astoria prepares for new chapter, revisit the legendary history of Manhattan's greatest Art Deco hotel Tuesday, December 17, 2024
- From Behind The Buildings Keeping out the masses, keeping in the few: NYC apartment buildings with grand gated entrances Tuesday, December 10, 2024
- From Carter's Perch Keeping the witches at bay: How finials add drama —and deterrence— to New York’s skyline Thursday, October 31, 2024