Market Insight

When, why, and how to get pre-qualified and preapproved for a mortgage

By Cait Etherington | From Get To Know Friday, March 14, 2025

If you're a first-time homebuyer, you might assume that the first step is finding a few desirable listings and attending open houses. In fact, before you start viewing properties or connecting with agents, you should first get prequalified and, better yet, preapproved for a mortgage.

Guide to Buying in a New Construction Condo, Part 2 + 21 Most-Anticipated New Condo Launches

By Cait Etherington | From Future New York Friday, March 14, 2025

In 2022, over 1,700 condo units were launched in Manhattan, and another 1,500 units are projected to launch through this year and into 2024. In addition to the current activity in Manhattan, new developments continue to launch in Brooklyn and Queens. As a result, if you’re currently looking to b...

Mitigating risk when buying in a NYC land-lease building

By Cait Etherington | From Get To Know Friday, March 14, 2025

In May 2024, New York State Senator Liz Krueger and Assemblywoman Linda Rosenthal introduced legislation that would limit massive fee spikes in land-lease buildings, also known as ground-lease. Such listings frequently attract attention for their low sticker prices, but the money saved could very...

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

NYC's most expensive neighborhoods to buy a condo or co-op

By CityRealty Staff | From New Developments Tuesday, March 4, 2025

New York City's residential apartment market is always evolving, with some neighborhoods maintaining their dominance while others experience notable shifts. In the condo market, Downtown neighborhoods remain among the most expensive, despite a slight decline in price per square foot year-over-yea...

NYC's 20 Best-Selling Residential Buildings of 2024 and availabilities within

By CityRealty Staff | From Future New York Thursday, March 13, 2025

In 2024, Manhattan's apartment sales experienced a modest 3% increase in number of transactions compared to the previous year, while total sales by dollar amount value remained steady at just under $22 billion. This figure falls below the 10-year average of $26.9 billion, indicating a softer mark...

The Ultimate Primary Suite: Bedroom features that add style and value

By CityRealty Staff | From Get To Know Thursday, March 13, 2025

Amidst the reckoning that took place across the country in mid-2020, the phrase "master suite" has gradually gotten phased out of real estate listings in favor of less fraught terms like "primary suite" or "main bedroom." But while the name is changing, the definition has not: It refers to the la...

Price Cuts from $399K: Gilded Age Riverside mansion slashed 30%; Ardsley aerie with enormous Central Park terrace reduced

By CityRealty Staff | From Future New York Wednesday, March 12, 2025

Spring is a time of renewal and change, a theme that is playing out along Central Park South. After over 500 collisions between pedestrians and cyclists between 2018 and 2022, work is set to begin on an overhaul of the South Loop on Monday, March 17. West Side Spirit notes that the immediate goal...

Contemporary NYC townhouses on the market include potential Brooklyn Heights record-breaker

By CityRealty Staff | From Great Listings Tuesday, March 11, 2025

New York City is known around the world as a home for apartment dwellers, but this phenomenon is a relatively new one. About 100 years ago, Manhattan's most affluent had grand townhouses and mansions built, while multi-family dwellings were the domain of the less affluent. As time passed, though,...

Private Escapes: NYC apartments with private roof decks under $2M

By CityRealty Staff | From Great Listings Tuesday, March 11, 2025

Spring can’t come fast enough for most New Yorkers — and honestly, who could blame them? Old Man Winter is probably plotting a few more chilly surprises, but the spring equinox is officially arriving on Thursday, March 20, at exactly 5:01 a.m. That’s the moment the sun hovers directly over the eq...

Over $600M in Manhattan sales led by 2025's priciest sale and a Fifth Avenue full floor at a 20% discount

By CityRealty Staff | From Future New York Tuesday, March 11, 2025

When, why, and how to use a guarantor when buying and renting in NYC + 5 new rentals launching soon

By Cait Etherington | From Future New York Monday, March 10, 2025

Whether you’re renting or buying, in New York City the process can be difficult to do on your own unless you already have an established credit history and substantial savings. As a result, it is not uncommon for renters and buyers, especially those new to the housing market, to rely on a guarant...

Hidden treasures on quiet blocks: NYC brownstone living from $450K

By CityRealty Staff | From Goldilocks Blocks Monday, March 10, 2025

As famous as Brooklyn is for its stately brownstone rows, it’s worth remembering that this borough hasn’t cornered the market on these classic townhouses. A walk through Harlem, Hamilton Heights, the West Village, and other historic districts in Manhattan reveals entire blocks of impeccably prese...

Carriage houses and a full-floor perch at 111 West 57th top $500M in Manhattan contracts

By CityRealty Staff | From Future New York Monday, March 10, 2025

The first full week of March 2025 experienced a week-over-week dip in contracts signed, and Manhattan's super-prime market ($10 million+) is not as robust as in recent years. However, Compass real estate agent Vickey Barron notes that the high-end market remains strong because New York and its h...