Market Insight

Over $300M in Manhattan sales include HGTV designers' Village penthouse and a massive 5-bed at The Cortland

By CityRealty Staff | From Future New York Tuesday, November 19, 2024

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 unshrouds and hits 70% sold in four months; See approachable listings in Kips Bay from $325K

By CityRealty Staff | From Future New York Tuesday, November 19, 2024

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...

Manhattan contracts hit 2024 high; $25M of deals in 200 East 75th and another possible Greenpoint record

By CityRealty Staff | From Future New York Tuesday, November 19, 2024

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.

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

When, Why, and How to Hire a Home Inspector + New Listings with Open Houses

By Cait Etherington | From Get To Know Saturday, November 16, 2024

Outside New York City, if you're buying a home, you'll almost certainly undergo a home inspection prior to closing the deal. In New York City, unless you're buying a townhouse or any other type of single-family home, duplex, or triplex, home inspections are often skipped. Still, this doesn't mean...

Cold feet no more: 20 new development condos with radiant heated floors

By CityRealty Staff | From Future New York Friday, November 15, 2024

As the temperatures drop and mornings get colder, getting out of a warm bed and stepping on to a cold floor can feel like adding insult to injury. This is where radiant floor heating comes in. This system is most commonly found in bathrooms, and heats the floor directly rather than the air in the...

Congestion pricing's impact on NYC real estate

By Cait Etherington | From Get To Know Friday, November 15, 2024

Years in the making, and months after a pause before the planned start date in June, the nation's first congestion pricing program is back: Governor Hochul announced that congestion pricing in New York will resume by January 5, 2025. The prices will be 40% lower than initially planned, but still ...

See 10 newly-launched boutique condos in Brooklyn as Williamsburg Passive House readies for sales

By CityRealty Staff | From Future New York Thursday, November 14, 2024

In November 2022, Italian developer Maskenada announced a successful crowdfunding campaign for Williamsburg boutique condominium 28 Herbert Street, which was dubbed the next Nearly Zero energy building in New York. Almost exactly two years later, months after filing an offering plan with a $42.37...

Price Cuts: Sprawling Chelsea mansion reduced by $5M; Grand Beekman 2-bed shaves 18% off asking price

By CityRealty Staff | From Great Listings Thursday, November 14, 2024

From November 5-11, 2024, over 250 condos, co-ops, condops, and townhouses in core areas of New York City experienced price reductions. These included the eighteenth-floor simplex at The Sherry Netherland, which attracted notoriety after a two-alarm fire in March 2023. The fire broke out hours af...

Assessments 101: What they Mean for Home Owners and Buyers + Listings with Incentives to Offset Costs

By Cait Etherington | From Get To Know Wednesday, November 13, 2024

One of the most dreaded parts of owning an New York City coop or condo is the ever-looming possibility of being slapped with an assessment on top of the regular monthly fees. This article discusses when and why coops and condos apply assessments, how they are negotiated, and how to avoid purchasi...

Over $600M in Manhattan sales include $60M trade by Bronx-born billionaire and a $28M penthouse from former "Village Voice" owner

By CityRealty Staff | From Future New York Tuesday, November 12, 2024

Manhattan Sales: For the week ending November 8, 2024, $608,792,369 worth of transactions across 274 condo, condop, and cooperative deals were recorded 104 condo sales came to an aggregate price of $365,020,773 Seven condop sales came to an aggregate price of $11,165,470 163 co-op sales cam...

From $390K: Prewar charm meets modern style in these NYC apartments with exposed brick and beamed ceilings

By CityRealty Staff | From Future New York Monday, November 11, 2024

Earlier this year, sales launched on three historic Tribeca loft buildings that have been converted into boutique condominiums, each featuring no more than six full-floor residences. Located closer to Broadway on the eastern edge of the neighborhood, the developments are 62 Reade Street, 85 Worth...

Election Week Boom: Over a half-billion in Manhattan contracts include Perry Ellis' townhouse and four deals at 108 Leonard

By CityRealty Staff | From Great Listings Monday, November 11, 2024

With the uncertainty of Election Day now behind us, Americans are feeling renewed confidence in the economy. The University of Michigan's Consumer Sentiment Index climbed to a seven-month high, and the think-tank's expectations index, which measures economic optimism for the next six months surge...