Market Insight
From Great Listings
Price Cuts: Massive penthouse with rooftop basketball court reduced by $2M
By CityRealty Staff
Wednesday, May 5, 2021
According to CityRealty listings, there are 907 public listings in Manhattan new development condos (defined here as buildings finished after 2016), coming to a median price of $3.317 million and $2,233 per square foot. This represents a 2% price drop from November 2020, when there were 937 new d...
From Future New York
Sales launch from $780K at Eastlight, soaring new condo at nexus of Kips Bay and Murray Hill
By CityRealty Staff
Wednesday, May 5, 2021
When China Overseas Land & Investment bought a Kips Bay development site from Extell for $75 million in November 2017, its plans for the site were kept under wraps. However, renderings from CetraRuddy, a firm whose work includes NoMad’s Rose Hill, show a 34-story condo tower with a well-articulat...
From Future New York
How to get pre-approved for a mortgage to buy a NYC apartment
By Cait Etherington
Wednesday, May 5, 2021
Once an offer is accepted, buyers typically have a relatively short window of time between the offer’s acceptance and the closing date to get all their paperwork in order. During this time, which is generally 40 to 50 days, the onus is on the buyer to secure financing while also arranging to have...
From Monthly Market Reports
CityRealty's Q4 2020 Manhattan Market Report
By CityRealty Staff
Friday, January 22, 2021
For the fourth quarter of 2020, the average sale price of a Manhattan apartment fell 2% when compared to Q4 2019. The average sale price for all residential units, excluding townhouses came in at $1.907 million, down from $1.954 million in Q4 2019. The average price of a condo was $2.69 million (...
From Great Listings
Steals & Deals: Charming Newly-Listed Co-ops Under $1.5M
By CityRealty Staff
Tuesday, May 4, 2021
From Sunday, April 25 to May 3, 2021, more than 450 co-op apartments were listed/re-listed throughout core neighborhoods of New York City. Manhattan alone saw 370 listings come online asking a median price of $995,000. Studio layouts had a median sticker price of $467K, one-beds $625K, two-beds $...
From New Jersey
The Beach launches leasing on waterfront Jersey City apartments
By CityRealty Staff
Tuesday, May 4, 2021
The LeFrak Organization has spent the past 30 years transforming the Newport section of Jersey City into a thriving community across the river from Manhattan, but has not stopped there. Quite the contrary - the developer has turned its attention north of the four-acre park at Newport Green with T...
From Great Listings
The NYC homes of Bette Midler, Walter Cronkite, and Bella Hadid among top April celebrity listings
By CityRealty Staff
Tuesday, May 4, 2021
With many celebrities and executives waiting out the darkest days of the coronavirus pandemic from outside the city, some wondered if this was the beginning of the end of New York. One year later, though, New York is on the way to a full reopening. Broadway is expected to start reopening in Septe...
From Get To Know
What is an Estate Sale? See 12 NYC opportunities priced to sell
By CityRealty Staff
Monday, May 3, 2021
When perusing New York real estate listings, especially low-priced listings are sometimes accompanied by two words of warning: “estate sale.” That might be confusing to buyers from other parts of the country who are accustomed to hearing the phrase used to describe what is essentially a high-end ...
From Future New York
Top Sales & Contracts: $479M in sales with top deal at 443 Greenwich; Police Building penthouse enters contract
By CityRealty Staff
Monday, May 3, 2021
From April 25 to May 1, 2021, there were 254 apartment sales coming to an aggregate total of $479,322,622, and a median price of $1.31 million. There were 140 condo sales at a median of $1.693 million / $1,417 / ft2. The 112 co-op sales blended to a median of $845K.
From Future New York
222 East 81st Street brings gracious family-sized condos to the Upper East Side
By CityRealty Staff
Friday, April 30, 2021
While the Upper East Side has seen incredible new development in the past few years, much of it has been devoted to large, amenity-rich condominiums. However, after months of staying home in response to the coronavirus pandemic, some buyers might be more attracted to boutique buildings with more ...
From Great Listings
Great Listings with Park and City Views
By CityRealty Staff
Friday, April 30, 2021
Everything and anything can be a battle in New York City. We battle for personal space, parking space, schools, taxis, subway, bus and ferry seats, and, of course, apartments. We battle new developments that threaten to impact our well-being, housing crisis be damned. As slick new buildings compe...
From Great Listings
As Manhattan rental inventory falls and prices rise, see 20 stunning, newly-discounted rentals
By CityRealty Staff
Friday, April 30, 2021
As of April 30, 2021, there are 12,954 publicly-listed rental properties throughout New York. Inventory is continuing to go down to a point that may soon resemble pre-pandemic levels, and falling inventory could lead to rising prices - as of April 30, 2021, the Manhattan median rent comes to $3,1...
From Downtown
20 years in the making, 11 Greene Street launches leasing on rare Soho rentals from $10,000/month
By CityRealty Staff
Thursday, April 29, 2021
New construction at 11 Greene Street on the corner of Greene Street and Canal Street has been in the works since 2001, but the market downturn and design rejection slowed the process. However, things significantly picked up after newcomer Arch Companies took over the project from Thor Equities an...
More In Market Insight
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6sqft (our blog)
- From Art 25-foot tall sculpture designed by Sanford Biggers takes over Rockefeller Center
- From Bed Stuy Asking $1.15M, this creative Bed-Stuy loft is located in a converted 1930s box factory
- From Architecture See restoration plans for the historic Orchard Beach Pavilion in the Bronx
- From Policy Yankees and Mets opening at full capacity for vaccinated fans, will offer vaccines at games
- From More Top Stories Broadway is coming back on September 14, tickets on sale tomorrow
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Get To Know
- From Get To Know How to get pre-approved for a mortgage to buy a NYC apartment Wednesday, May 5, 2021
- From Get To Know What is an Estate Sale? See 12 NYC opportunities priced to sell Monday, May 3, 2021
- From Get To Know Urban Gardens: Getting started, and NYC listings with private gardens Thursday, April 29, 2021
- From Get To Know 5 Must-do steps before closing on an apartment purchase Thursday, April 29, 2021
- From Get To Know 7 Tips on getting past NYC's toughest co-op boards Wednesday, April 28, 2021
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Rental Building News and Offers
- From New Jersey The Beach launches leasing on waterfront Jersey City apartments Tuesday, May 4, 2021
- From Downtown 20 years in the making, 11 Greene Street launches leasing on rare Soho rentals from $10,000/month Thursday, April 29, 2021
- From Midtown Top 10 New York City rentals for working remotely Thursday, April 29, 2021
- From Brooklyn Inside Sea Breeze Tower, Coney Island beachfront rental now leasing from $1,673/month Wednesday, April 28, 2021
- From Financial District/BPC Best NYC buildings for Oscar viewing parties Saturday, April 24, 2021
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Market Reports & Research
- From Monthly Market Reports CityRealty's Q4 2020 Manhattan Market Report Friday, January 22, 2021
- From The CityRealty 100 The CityRealty 100 Market Report Monday, January 4, 2021
- From Monthly Market Reports Q2 2020 Manhattan Residential Market Report Friday, July 17, 2020
- From Monthly Market Reports Q1 2020 Manhattan Residential Market Report Thursday, May 14, 2020
- From Annual Market Reports CityRealty 2019 Manhattan Year-End Report Monday, December 23, 2019
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Great Listings
- From Great Listings Price Cuts: Massive penthouse with rooftop basketball court reduced by $2M Wednesday, May 5, 2021
- From Great Listings Sales launch from $780K at Eastlight, soaring new condo at nexus of Kips Bay and Murray Hill Wednesday, May 5, 2021
- From Great Listings How to get pre-approved for a mortgage to buy a NYC apartment Wednesday, May 5, 2021
- From Great Listings Steals & Deals: Charming Newly-Listed Co-ops Under $1.5M Tuesday, May 4, 2021
- From Great Listings The Beach launches leasing on waterfront Jersey City apartments Tuesday, May 4, 2021
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Carter's View
- From Carter's Perch The heart of NYC is Rockefeller Center despite Hudson Yards and new World Trade Center Monday, March 16, 2020
- From Game Changers NYC's best new residential buildings of the current economic boom Thursday, February 13, 2020
- From Behind The Buildings As the Waldorf Astoria prepares for new chapter, revisit the legendary history of Manhattan's greatest Art Deco hotel Tuesday, February 11, 2020
- From Game Changers CityRealty's Top 10 NYC Buildings of the Decade Friday, January 3, 2020
- From Behind The Buildings Pick Your Favorite: Trophy Homes with Wood-Beamed Ceilings Tuesday, September 18, 2018
