Market Insight

Home court advantage: At the height of the US Open, see NYC buildings with private tennis courts

By CityRealty Staff | From Great Listings Thursday, September 5, 2024

As of this writing, the US Open is in full swing and proving an exciting time for tennis fans. Whether Francis Tiafoe or Taylor Fritz wins their semifinal match tomorrow, an American man will make it to the finals for the first time since 2006; the winner will face top-seeded Italian Jannik Sinne...

As NYC students head back to school, see the city's most impressive school-to-residential conversions

By CityRealty Staff | From Future New York Thursday, September 5, 2024

Thursday, September 5 marks the first day of school in New York City. Between unique to New York concerns – a proposed phone ban, the expansion of Open Streets to more than 70 schools, and public school students receiving OMNY cards as opposed to Metrocards for the first time – as well as univers...

Winning tips for bidding on apartments stuck on the market + Lingering listings with price cuts and open houses

By Cait Etherington | From Get To Know Thursday, September 5, 2024

From time to time, you’ll see a listing that has been on the market for months and even years. While commonsense might suggest that any listing that lingers on the market is a bad investment, in fact, bidding on apartments that have been lingering on the market can be strategic. The trick is unde...

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

Over $400M in Manhattan sales led by glam Central Park-facing aerie; Tribeca loft below Jay-Z and Beyonce's penthouse sells

By CityRealty Staff | From Future New York Wednesday, September 4, 2024

Manhattan Sales: For the week ending August 30, 2024, $401,558,747 worth of transactions across 251 condo, condop, and cooperative deals were recorded 87 condo sales came to an aggregate price of $200,924,127 Seven condop sales came to an aggregate price of $12,176,700 157 co-op sales came ...

Price cuts on Liam Neeson and Baz Luhrmann's NYC homes; Historic Upper East Side mansion gets $5 million haircut

By CityRealty Staff | From Great Listings Tuesday, September 3, 2024

From August 27 - September 2, 2024, approximately 110 condos, co-ops, condops, and townhouses throughout New York City experienced price reductions. Among them was the Upper West Side home of Academy and Tony Award-nominated actor Liam Neeson at Park Millennium. In February 2024, Mr. Neeson liste...

NYC's best-selling buildings and priciest contracts in August 2024

By CityRealty Staff | From Future New York Tuesday, September 3, 2024

August 2024 is typically a quiet time for the Manhattan real estate market. However, it was anything but quiet at a number of residential buildings throughout the city.

Listing in NYC buildings with or near pickleball courts

By CityRealty Staff | From Future New York Thursday, August 29, 2024

Pickleball has flitted in and out of fashion since its invention in 1965, but experienced a new appreciation during the pandemic, as people could be active and social while not having to get too physically close. The sport described as a cross between tennis and ping pong has risen in popularity ...

Matthew Adell on selling a $20M penthouse at The Wales + 25 new development penthouses on the market

By CityRealty Staff | From Future New York Thursday, August 29, 2024

Matthew Adell, the owner of Adellco LLC, has been a key figure in the New York City real estate market for over 25 years. Under his leadership, Adellco has become one of the city’s premier developers, responsible for creating some of Manhattan's most sought-after residential rental and condo buil...

Price Cuts: Flatiron House leads flurry of discounts near Madison Square Park; Condo with key to Gramercy Park gets $250K haircut

By CityRealty Staff | From Future New York Thursday, August 29, 2024

Earlier this week, the new owners of the landmarked Flatiron Building filed permits to convert its office space to 60 luxury condos. The conversion will involve converting the interiors to meet residential requirements and replacing all the windows in the building so that they meet apartment nois...

Harry Winston's Fifth Avenue gem finds a buyer; Stunning Central Park Tower aerie leads nearly $470M in Manhattan contracts

By CityRealty Staff | From Future New York Tuesday, August 27, 2024

Late August is typically a quiet time for the Manhattan real estate market; and indeed, the week of August 19-25, 2024 saw an 8% drop in contracts signed from the previous week. But between lower mortgage rates, the possibility of the Federal Reserve cutting interest rates in the near future, and...

What $1 million buys on the Upper East Side and Upper West Side

By CityRealty Staff | From Future New York Tuesday, August 27, 2024

In the earliest days of New York, Manhattan's Upper East Side and Upper West Side largely consisted of farmland and small villages before apartment buildings took shape. This will come as a shock to anyone who has found themselves drawn to the world-famous cultural offerings, prestigious educatio...

Aman New York and celeb-filled West Village loft building anchor over $400M in Manhattan sales

By CityRealty Staff | From Great Listings Tuesday, August 27, 2024

Manhattan Sales: For the week ending August 23, 2024, $409,509,232 worth of transactions across 224 condo, condop, and cooperative deals were recorded 95 condo sales came to an aggregate price of $232,850,377 Six condop sales came to an aggregate price of $9,144,317 123 co-op sales came to ...