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Market Insight

As the weather warms up, buds have turned to leaves, and New Yorkers are eager to spend more time outside, both walking everywhere and visiting Central Park, the city's most famous park and the most visited in the United States. Many people dream of having Central Park for their backyard, but thi...
As April 2026 gave way to May, 180 residential apartment sales were recorded in Manhattan for the week ending May 2, 2026. This is a small week-over-week dip; however, the sales recorded this time likely took place at a time period that included the Easter and Passover holidays, not to mention sp...
On May 4, the Metropolitan Museum of Art hosted the Costume Institute Benefit, popularly known as the Met Gala. This year's theme and dress code, "Fashion is Art," was in honor of the forthcoming Costume Art exhibit, which will explore the centrality of the dressed body in art and pair garments w...

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In the first quarter of 2026, Manhattan’s apartment contracts totaled $6,906,075,016 in ask volume across over 2,500 deals, with the average asking price coming in at $2.681M and an average of $1,709 per square foot. The buildings that accounted for the most activity tend to follow a familiar pa...
From April 27 - May 3, 2026, 252 residential contracts were signed in Manhattan. This marks a small week-over-week change and brings the total number of April 2026 contracts to 1,058, a slight year-over-year increase and Manhattan's highest monthly contract total since May 2023.
In a city where exposures can be a home’s best feature, there is no underestimating the value of a great view. This article explores the high value placed on exposures and how to determine the ideal exposure when renting or buying a New York City apartment.
Manhattan's Upper East Side and Upper West Side have long been among the city's most desirable residential neighborhoods, and remain highly livable and attractive to this day. There is abundant green space to be found between Riverside Park on the West Side, Carl Schurz Park and John Jay Park on ...
A key part of Mayor Mamdani’s platform is to build more housing. Assuming he succeeds, renters and prospective buyers alike are naturally wondering how adding more housing units will impact housing values and rental prices citywide. On the surface, housing values and rental prices are often assum...
When perusing Manhattan’s top sales, one phrase frequently comes up: “The buyer [and/or seller] is listed as an LLC.” The acronym stands for limited liability corporation, and New York State defines this as "an unincorporated business organization of one or more persons who have limited liability...
From April 22-28, 2026, nearly 300 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions.
Whether you have a college-age child planning to spend a few years in New York City or an older child hoping to put down roots in the city on a long-term basis, buying an apartment for your child may be an excellent investment. After all, rather than sink money into someone else’s real estate by...
In April 2024, when developer ZD Jasper purchased the development site at 45-40 Vernon Boulevard on the Long Island City waterfront, a spokesperson for the deal said, "This is arguably the best development site in all of Long Island City." More recently, new development Paragon represents the com...
On the week ending April 25, 2026, 207 apartment sales were recorded in Manhattan. This marks a small week over week increase in the number of sales, though fewer sales closed for over $3.9 million in the same time frame. Three of the week's five highest-priced sales were in buildings designed by...

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