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A blog from CityRealty (Links below will take you to the 6sqft site)

Market Insight

As 40 Bleecker Street took shape in Noho, it attracted attention for its modern interpretation of its historic surroundings and luxurious apartment and amenity offerings. Most recently, the building has welcomed its first residents, reported over 50% sold, and commenced closings. CityRealty data ...
The superhero developers at Cape Advisors are bullish on Lower Manhattan real estate with three luxury ground-up condos in various stages of development. Even with the uncertainty surrounding the pandemic, downtown's richness of conveniences, expanse of high-quality urbanity, in addition to acces...
In new construction, some developers and designers nod to prewar influences with high ceilings, hardwood floors, and even some semblance of a return to traditional layouts with clearly defined rooms. But for all that, the interiors of most modern construction tends to be rather charmless white bo...

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Largely due to the impacts of the ongoing COVID-19 pandemic, for the second quarter of 2020 the average sales price of apartments in Manhattan fell 15% when compared to the same period of the second quarter of 2019. The number of recorded sales fell substantially (-60%), from 2,732 to 1,087 reco...
Luxury rental Summit has made a statement in the Turtle Bay skyline, and most recently attracted attention beyond New York: The design by Handel Architects and interiors by Lemay + Escobar were honored by the USA & Americas Property Awards in the 2020-2021 International Property Awards. A panel o...
Almost exactly sixteen years to the day have passed since Downtown Brooklyn was rezoned for greater residential development, and the once-industrial area has given way to an increasingly coveted residential one. Between its easy access to Manhattan, close proximity to popular Brooklyn neighborhoo...
Over the past seven days, sales were not limited to Black Friday and Cyber Monday: 172 apartments for sale throughout New York experienced price reductions. This is not related to the retail landscape, but to bring the apartments closer in line with current market conditions. Please note that all...
The growing appeal of Brooklyn is undeniable with its slower pace of life, tree-lined sidestreets, and vibrant commercial corridors anchored by small businesses. As can be seen in its ever-upscaling skyline, developers are capitalizing on the attraction by constructing thousands of new apartments...
Recent headlines indicate dark days ahead, and that comes at a time when that can be taken literally: The days are getting shorter. However, this is not the time to give in to despair. After the winter solstice, which falls on December 21, we'll start to see a little more daylight. Add more encou...
To look at the headlines and the rapidly changing skyline, it would seem that Brooklyn is seeing a spurt of high-rise condominiums and large developments that would be right at home in Manhattan. But for every major project on the rise, there are several boutique condos that are smaller in scale ...
When watching a movie or television show set in New York, city dwellers often can't help commenting on the buildings and neighborhoods they recognize in the scene. Others might recognize their neighbors - bold-faced names from all industries have chosen to make New York their home. November was a...
Like a miracle, in a sea of listings you discover a two bedroom that is not only under $600,000 but also under $300,000. Better yet, it’s in a desirable neighborhood, has recently been renovated and comes with a den, a large living room and an eat-in kitchen. What’s the catch? It is nearly certa...
On Cyber Monday, shoppers of all stripes enjoy unbelievable bargains on their favorite brands. In a similar spirit, CityRealty takes a look through New York's most highly coveted neighborhoods at sales listings with price improvements, and features a home with one of the area's largest cuts. All...

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