Market Insight

The evolution of the Upper East Side as the epicenter of culture; See new restaurants, galleries, and listings

By Michelle Sinclair Colman | From Get To Know Thursday, January 9, 2025

New York is in the midst of a cold stretch, but the Upper East Side is hot. With more new condominium developments in the pipeline than any other Manhattan neighborhood, the stunning reception of The Surrey, a Corinthia Hotel (with a residential component on top), hip new restaurants opening ever...

Price Cuts include CPW home reduced to under $1M; Gramercy mansion once owned by NYC Ballet co-founder gets $500K haircut

By CityRealty Staff | From Great Listings Thursday, January 9, 2025

Immediately following New Year's Day, which fell on Wednesday in 2025, social media was full of memes of panicked-looking people and animals with captions about circling back after the holidays. That appears to be what happened in the real estate market: Approximately 200 condos, co-ops, condops,...

NYC's top sales include a sunny UES triplex and a fashion exec's full-floor at The Giorgio Armani Residences

By CityRealty Staff | From Future New York Wednesday, January 8, 2025

Manhattan Sales: For the week ending January 3, 2025, $344,283,157 worth of transactions across 155 condo, condop, and cooperative deals were recorded 83 condo sales came to an aggregate price of $239,646,364 Three condop sales came to an aggregate price of $4,175,000 69 co-op sales came to...

From Market Data City Stats: Condo vs Co-op Comparison

Building Type

Condo
Co-op

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

CityRealty's Q3 2022 Manhattan Residential Market Report + Best-Selling Residential Buildings

By CityRealty Staff | From Monthly Market Reports Wednesday, December 14, 2022

Colorful or Controversial? NYC's boldest buildings and listings on the market

By Michelle Sinclair Colman | From Great Listings Tuesday, January 7, 2025

On these cold, gray days of winter, when greenery feels scarce amid our seas of asphalt and concrete, one can't help but yearn for the vibrant hues of sunnier climates. San Francisco flaunts its iconic Painted Ladies, New Orleans bursts with Mardi Gras vibrancy, and even Greenland, for all its i...

989 Sixth Avenue: Checking in on a sleek glass tower redefining the Midtown skyline

By CityRealty Staff | From Future New York Tuesday, January 7, 2025

Swiftly rising from the southwest corner of Sixth Avenue and West 37th Street, a sleek 69-story mixed-use tower is poised to redefine the Garment District skyline, offering over 300 condominium units with breathtaking river-to-river views that include the Empire State Building and Bryant Park as ...

Over $500M in Manhattan contracts led by two $40M+ Downtown penthouses; Cast Iron House duplex finds buyer

By CityRealty Staff | From Future New York Tuesday, January 7, 2025

In 2024, Manhattan's residential market saw a 10% year-over-year increase in contracts signed, with December 2024 putting on a particularly strong showing. The number of contracts signed on the week of December 30, 2024 - January 5, 2025, which included the New Year's Day holiday, matched the pre...

One Hundred Barclay: A Monument of American Progress in Architecture

By CityRealty Staff | From Behind The Buildings Friday, January 3, 2025

One Hundred Barclay at the crossroads of Tribeca, Battery Park City, and the Financial District is a collection of 158 condominiums in a massive, cliff-like landmark that was for many years known as the Barclay-Vesey Building. Once the largest telephone building in the world, the Art Deco-style ...

Have it all in 2025: NYC two-beds with in-unit laundry and outdoor space in doorman buildings

By CityRealty Staff | From Great Listings Friday, January 3, 2025

The fourth quarter of 2024 was a robust time for the Manhattan real estate market, and it shows no sign of slowing down in early 2025. Post-election uncertainty is over, market conditions have been favorable, and Crain's New York Business suggests that an expected tax cut extension would give hig...

How the School Tax Relief (STAR) program helps NYC homeowners + How to apply

By Cait Etherington | From Get To Know Thursday, January 2, 2025

After the presidential election, many interpreted the Republican victory as a sign that deep tax cuts implemented in 2017 would be extended; indeed, Crain’s New York Business notes that incoming Senate Majority Leader John Thune has already set out a plan for Congress to vote on this. There is al...

Price Cuts: One57 pad shaves $2M off ask; Harlem townhouse reduced 32% to $1.825M

By CityRealty Staff | From Great Listings Thursday, January 2, 2025

From December 24-30, 2024, only about 50 condos, co-ops, condops, and townhouses throughout New York experienced price reductions. This number is low, but comes at a time of year when many listings are taken off-market — most often temporarily and to be restored to the market once people get back...

Gilded Age grandeur: Palatial mansions for sale in New York City

By CityRealty Staff | From Great Listings Thursday, January 2, 2025

Spanning the 1870s to early1900s, the Gilded Age was a transformative era for New York City, marked by extraordinary economic growth, rapid industrialization, and the rise of an extremely wealthy elite. Coined by Mark Twain to highlight the veneer of opulence masking underlying societal challenge...

Billionaires' Row aeries and Harry Winston's Fifth Ave gem top $400M in Manhattan sales

By CityRealty Staff | From Future New York Tuesday, December 31, 2024

Manhattan Sales: For the week ending December 27, 2024, $420,947,482 worth of transactions across 187 condo, condop, and cooperative deals were recorded 79 condo sales came to an aggregate price of $256,999,062 Four condop sales came to an aggregate price of $6,920,000 104 co-op sales came ...