Market Insight
Updated 11/22/2024 with the latest votes and updates to City of Yes for Housing Opportunity
No one was imagining it – Thanksgiving falls on the latest possible day in 2024 (November 28). According to statistics, celebrants are well prepared: A study by the Food Industry Association found that the vast majority of Thanksgiving celebrants will do their shopping two weeks to one month in a...
November 2024 has not fully wound down yet, but the number of Manhattan residential contracts signed has already surpassed the total for November 2022. Increased economic optimism in the wake of election season, coupled with several uber-luxury condo launches, has driven this surge in activity.
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Manhattan Sales:
For the week ending November 22, 2024, $517,723,655 worth of transactions across 258 condo, condop, and cooperative deals were recorded
117 condo sales came to an aggregate price of $363,677,031
Eight condop sales came to an aggregate price of $9,335,000
133 co-op sales cam...
Many of us are looking forward to seeing friends and family for Thanksgiving and the rest of the holiday season, but the logistics of hosting a gathering can be daunting. Once hosts all over the country have decided which foods will appeal to all their guests and accommodate any dietary restricti...
Buying a home is already a significant financial commitment, and closing costs add another layer of expense to the process. These costs encompass a range of fees, including transfer taxes, bank charges, attorney fees, and appraisal costs. The total amount varies widely based on factors such as th...
New York real estate trends come and go, but one thing that stays constant is developers', designers', and buyers' appetites for tall buildings and the views enjoyed from them. Such buildings are regular fixtures among Manhattan's top contracts and top sales.
Some wondered if the pandemic would ...
Away from the subway and close to the morgue, Lower Manhattan's Far East Side is home to a treasure trove of overlooked gems and under-the-radar blocks that might even leave the most jaded Knickerbocker scratching their head. On East 18th Street, just west of First Avenue, three landmarked Italia...
From November 12-18, 2024, over 300 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions. These included three listings at Circa Central Park, the striking Harlem condominium that set a record for Upper Manhattan’s most expensive condo sale shortly afte...
Manhattan Sales:
For the week ending November 15, 2024, $308,997,318 worth of transactions across 152 condo, condop, and cooperative deals were recorded
60 condo sales came to an aggregate price of $161,138,906
Four condop sales came to an aggregate price of $6,328,000
88 co-op sales came t...
Hendrix House stands out from other new developments for its focus on the hybrid work lifestyle with many of its layouts featuring “home office hot spots." After launching sales over the summer, the building is already 70% sold. Current availabilities start at $1.325 million for one-bedrooms a...
In the second full week of November 2024, post-election momentum is still going strong in the New York real estate market. Manhattan’s aggregate sales marked a sharp week-over-week increase to bring it to the highest weekly total of the year.
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Get To Know
- From Get To Know Seven ways the "City of Yes" will increase NYC's housing supply + 10 new projects to brings hundreds of new units Tuesday, November 26, 2024
- From Get To Know Great kitchens in homes near NYC's most popular supermarkets Tuesday, November 26, 2024
- From Get To Know Closing Costs 101: A guide for NYC buyers + Newly-listed apartments with open houses Saturday, November 23, 2024
- From Get To Know When, Why, and How to Hire a Home Inspector + New Listings with Open Houses Saturday, November 16, 2024
- From Get To Know Congestion pricing's impact on NYC real estate Friday, November 15, 2024
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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
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- From Astoria NYC 'heat season': Know your rights + See newly launched buildings with central temperature control Thursday, October 10, 2024
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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
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Great Listings
- From Great Listings Great kitchens in homes near NYC's most popular supermarkets Tuesday, November 26, 2024
- From Great Listings 21 NYC residential buildings with acclaimed in-house restaurants Saturday, November 23, 2024
- From Great Listings Closing Costs 101: A guide for NYC buyers + Newly-listed apartments with open houses Saturday, November 23, 2024
- From Great Listings Sky-high living: Homes in the tallest residential buildings in 30 NYC neighborhoods Thursday, November 21, 2024
- From Great Listings Price Cuts: Discreet Beekman Place townhouse now 22% off; Prices drop like warblers at former bird-killing condo Thursday, November 21, 2024
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Carter's View
- From Carter's Perch Great Parks: Tribeca's cozy and cute Duane Park and luxury listings nearby Tuesday, October 8, 2024
- From In The Details Iconic NYC Holiday Locations Friday, December 22, 2023
- From Carter's Perch The heart of NYC is Rockefeller Center despite Hudson Yards and new World Trade Center Monday, March 16, 2020
- From Game Changers NYC's best new residential buildings of the current economic boom Thursday, February 13, 2020
- From Behind The Buildings As the Waldorf Astoria prepares for new chapter, revisit the legendary history of Manhattan's greatest Art Deco hotel Tuesday, February 11, 2020
6sqft delivers the latest on real estate, architecture, and design, straight from New York City.
