Market Insight

NYC 'heat season': Know your rights + See newly launched buildings with central temperature control

By Cait Etherington | From LIC / Queens Thursday, October 10, 2024

As temperatures start to drop in New York City, many residents welcome the arrival of 'heat season.' This term may sound counterintuitive, but it actually refers to the colder months from October 1 to May 31 when the city enforces minimum temperature requirements in residential buildings. While...

Buying and renting in Tudor City, a middle-class housing hub for the past century

By Cait Etherington | From Great Listings Thursday, October 10, 2024

As New York City housing advocates, city planners, and politicians look for ways to make housing more affordable, one experiment in middle-class housing continues to work. Since the mid-1920s, Tudor City — a 13-building complex located in the Turtle Bay neighborhood on Manhattan's East Side — has...

The best time of year to buy in NYC + New listings with weekend open houses

By CityRealty Staff | From Get To Know Thursday, October 10, 2024

With less than four weeks until Election Day, some buyers are apprehensive about whether they should close the deal now or wait until they know who the next president is going to be. However, an analysis of S&P’s Case-Shiller Home Price Index shows that the elections themselves do not affect home...

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

144 Vanderbilt unveils cutting-edge condos + See 21 avant-garde listings across NYC

By CityRealty Staff | From Future New York Wednesday, October 9, 2024

Between its pale pink facade, oversized windows, and edgy design, 144 Vanderbilt Avenue is rising to utterly transform the former site of a gas station at the nexus of Fort Greene and Clinton Hill. An offering plan with a $29,265,000 sellout was accepted in March 2024, and sales have recently lau...

Price Cuts: Rustic West Village duplex with fireplace and garden now 20% off; Lantern House penthouse shaves $2.355M off ask

By CityRealty Staff | From Great Listings Wednesday, October 9, 2024

By this point in the calendar year, some buyers might be pulling back on their search amidst the start of school and the forthcoming holidays. However, sellers still need to move their properties, and some may be willing to adjust the prices to make that happen. It is against this backdrop that a...

New Upper East Side Developments on the Rise

By CityRealty Staff | From Future New York Tuesday, October 8, 2024

For many years, the Upper East Side was largely dominated by prewar cooperatives that set relatively unchallenged standards for elegance in New York City as a whole. However, thanks in large part to the long-awaited Second Avenue subway, the area has seen a surge in new condominiums that combine ...

Steps to take before renovating a NYC apartment + Bring your architect to these diamonds in the rough

By Cait Etherington | From Get To Know Tuesday, October 8, 2024

Between pandemic-induced labor shortages and supply chain disruptions, many naturally spent the first years of the 2020s seeking out turn-key apartments with fully up-to-date interiors. But in the current market, agents report that a growing number of buyers are determined not to let perfect be t...

NYC Contracts: Over half a billion in contracts includes $62M in deals signed at 255 East 77; Power couple's Park Avenue penthouse finds a buyer

By CityRealty Staff | From Great Listings Tuesday, October 8, 2024

As September 2024 gave way to October, Manhattan saw 224 residential apartment and townhouse contracts signed from September 30 - October 6, the highest tally since spring. If all sell for the asking prices, this would come to an aggregate total exceeding half a billion dollars in residential sales.

$400M in Manhattan sales topped by George Pelham Jr.'s personal residence and a penthouse for Ireland's U.N. ambassador

By CityRealty Staff | From Future New York Tuesday, October 8, 2024

Manhattan Sales: For the week ending October 4, 2024, $398,617,187 worth of transactions across 245 condo, condop, and cooperative deals were recorded 99 condo sales came to an aggregate price of $205,925,669 10 condop sales came to an aggregate price of $12,805,239 136 co-op sales came to ...

Great Parks: Tribeca's cozy and cute Duane Park and luxury listings nearby

By CityRealty Staff | From Carter's Perch Tuesday, October 8, 2024

In Tribeca, the waterfront Hudson River Park has generated considerable attention for its river views as well as its extensive attractions that include sports courts, dog runs, and bike and pedestrian paths. But Tribeca is also home to a hidden gem: the triangular Duane Park bonded by Hudson Stre...

609 Second Avenue brings new modern condos to Manhattan's east side from $889K

By CityRealty Staff | From Future New York Thursday, October 3, 2024

As some NYC apartment buyers turn toward more traditional designs and away from the all-glass "fishbowl" look, masonry-faced buildings are once again making their mark on the skyline. On Manhattan’s East Side, at the bustling cusp of Kips Bay and Murray Hill, construction is wrapping up on 609 Se...

Top NYC buildings for pied-a-terre buyers; See their luxury homes inside

By CityRealty Staff | From Future New York Thursday, October 3, 2024

According to an August 2024 report by McKinsey & Company, New York City tourism is almost all the way back to pre-pandemic levels. Domestic travel has rebounded to approximately 95% of 2019 levels, and international travel is not far behind, having recovered to 86% of 2019 levels. The latter cate...