Market Insight
On the first full week of March 2026, the number of residential apartment sales recorded in Manhattan ticked up week-over-week. All five of the highest-priced sales of the week closed for over $10 million, highly characteristic of a market where a surge in super-luxury condos is causing the avera...
Sales have officially launched at 660 Lexington Avenue, also known as 133 East 55th Street, a ground-up condominium development nearing completion in Manhattan's Midtown East. Developed by the busy bodies at Rybak Development, the 20-story high-rise anchors the prominent southwest corner of Lexin...
For many in the United States, Sunday, March 8 marked the return to Daylight Saving Time. This marked the beginning of sunsets after 6:00 p.m. in the immediate term, and comes less than two weeks before the spring equinox on March 20 brings more daylight going forward. Sustained warmth is still s...
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In 2025, core New York City areas recorded just over 11,000 signed residential contracts: 44 percent condominiums, 54 percent co-ops and condops, and the remainder townhouses. If all properties sold at their last asking prices, total contract volume would exceed $25.5 billion. The overall average...
From March 2-8, 2026, 221 residential contracts were signed in Manhattan. This represents a 14% week-over-week dip; however, several uber-luxury deals were instrumental in keeping the aggregate dollar amount from dropping too far during this time. 47 luxury contracts asking over $3.9 million were...
By virtue of its corner location, 23-story height and nearly floor-to-ceiling windows, residents of Anagram Turtle Bay at 300 East 50th Street can expect abundant natural light. But as co-developers Global Holdings and MAG Partners just announced, the "Residences From The Top," a collection of 46...
Wainscoting originated in northern Europe during the late Middle Ages, particularly in England and the low countries. Wainscot originally referred to high quality oak imported from the Baltic region, and the word "wainscot" has its roots in Middle English and Middle Dutch and derives from the Dut...
In an age of sleek, open-plan modernism, prewar apartments offer a refreshing return to the charm of elegant traditional design. While new construction sometimes attempts to evoke this classic style with high ceilings, hardwood floors, generous spaces, and defined rooms, many modern interiors sti...
Home to some of the best Manhattan skyline views, the waterfront in Long Island City is no longer populated by factories and warehouses, but by gleaming rental towers, some that rise even higher than those in Manhattan.
One of the early towers to rise is the 2006-built 4720 Center Boulevard wh...
As of early March 2026, a legal battle is underway between one of the nation’s largest brokerages and one of the nation’s most heavily trafficked real estate listing sites. As a rule, listing site Zillow only displays residential listings that have been shared on the multiple listing service (MLS...
Just hours after taking office on January 1, 2026, Mayor Zohran Mamdani signed Executive Order 04 to establish the Land Inventory Fast Track (LIFT) Task Force. The interagency task force, led by Deputy Mayor for Housing and Planning Leila Bozorg, has been charged with identifying underutilized pu...
In brownstone Brooklyn, it has become commonplace to convert multifamily rental rowhouses into larger, more expensive condominiums or single-family homes. Ground-up construction of new townhouses is far rarer. An exception can be found at Chauncey + Lewis, a collection of newly built rowhouses at...
Last week, about 200 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions.
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