Market Insight

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

By Cait Etherington | From Get To Know Today, 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 Today, 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 available in New York City

By CityRealty Staff | From Great Listings Today, 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...

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

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

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

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 ...

Reach new heights in 2025: NYC's superlative penthouses on the market now

By CityRealty Staff | From Great Listings Tuesday, December 31, 2024

As the year comes to a close and a new one begins, there’s no better way to ring in 2025 than by setting your sights on the pinnacle of urban living: the New York City penthouse. These iconic residences, perched high above the city streets, are synonymous with luxury, exclusivity, and aspiratio...

With all eyes on Times Square, see residential buildings at the center of New York

By CityRealty Staff | From Midtown West Tuesday, December 31, 2024

On New Year’s Eve, the ball drop in Times Square has come to signify the start of the new year. But on all other days of the year, tourists from all over the world are drawn to Times Square's classic Broadway theaters and newer attractions like the Museum of Broadway, the immersive experience at ...

Manhattan homes of Paul Newman, Michael Feinstein, and Morris Adjmi among top NYC contracts

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

On the fourth full week of December 2024, the number of contracts signed dropped over 40% week over week. However, this is more of a reflection of the holidays falling on the week of December 23-29, 2024 than broader market conditions — the median asking price rose slightly during this time — and...

Price Cuts: Designer Tribeca loft slashed by $400K; Reductions at converted Brooklyn brownstone

By CityRealty Staff | From Future New York Friday, December 27, 2024

In Bedford-Stuyvesant, the classic brownstone building at 583 Putnam Avenue was converted to a four-unit boutique condominium. The building's Italianate facade, which dates back to the late 19th century, has been beautifully preserved, while the interiors have been updated to feature such modern ...

NYC homes with fireplaces for warm winter gatherings and cozy nights at home

By CityRealty Staff | From Great Listings Tuesday, December 24, 2024

As the temperature drops and New Yorkers pile on the layers, the dream of cozying up next to a fireplace becomes all the more enticing. And for apartment-dwelling families with young children, there’s another pressing matter: How will Santa bring our presents without a chimney? Fear not — the sel...

Iconic NYC Holiday Locations

By CityRealty Staff | From In The Details Tuesday, December 24, 2024

Driving into the city the highways are ringed with necklaces of light on the balconies of many high-rise apartment buildings. Some museums such as the Metropolitan Museum of Art on the East Side and the American Museum of Natural History on the West Side have spectacular Christmas trees adornin...

Manhattan Sales: Giorgio Armani Residences commence closings; Auto exec buys at 15 Central Park West

By CityRealty Staff | From Future New York Tuesday, December 24, 2024

Manhattan Sales: For the week ending December 20, 2024, $544,132,912 worth of transactions across 264 condo, condop, and cooperative deals were recorded 120 condo sales came to an aggregate price of $358,429,392 12 condop sales came to an aggregate price of $14,745,951 132 co-op sales came ...

Nearly $550M in NYC contracts include Billie Holiday's former townhouse and new record at One Williamsburg Wharf

By CityRealty Staff | From Future New York Tuesday, December 24, 2024

Typically as it gets closer to the holidays, the real estate market experiences a seasonal slowdown. But the third week of December 2024 was an especially robust one for luxury contracts, with extremely high-priced deals taking place at both preeminent cooperatives and new development condominium...