Market Insight
From Future New York
INTERVIEW with Morris Adjmi, The Brick-Master
By Michelle Sinclair Colman
Today, January 19, 2022
Young architects often wax on about the endless potential of concrete — its malleability and color options seem idyllic and endless. Morris Adjmi feels the same way about brick. With his firm’s motto “standing out while fitting in,” Adjmi uses brick to challenge perceptions of depth, light, and l...
From Future New York
From $630K: First-time Resales of Mint Condition Condos
By CityRealty Staff
Today, January 19, 2022
For centuries, Manhattan real estate has proven to not only be a safe investment but often a lucrative one, especially for those who hold onto their properties long enough. John Jacob Astor, the craven 19th-century property magnate said to be the county's first multimillionaire, lamented on his d...
From Future New York
Revealed: 10 New Developments Slated for New York City
By CityRealty Staff
Today, January 19, 2022
Over the past several years, New York’s housing construction has failed to keep pace with the city’s growing population. The City notes that construction lagged in the wake of the 2008 financial crisis, and that pandemic-induced halts of all but the most essential construction left a mark. Throug...
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From Monthly Market Reports
NYC's Best-Selling Buildings of 2021 + CityRealty Q2 Manhattan Residential Market Report
By CityRealty Staff
Thursday, September 2, 2021
For the second quarter of 2021, the average sale price of Manhattan* apartments rose 10% Y-O-Y when compared to Q2 2020 and up 18% when compared to Q1 2021. The average sale price for all residential units, excluding townhouses, was $2.02 million, up from $1.84 million recorded in Q2 2020. The a...
From Future New York
Top 10 Upper East Side Condos + Anticipated New Developments
By CityRealty Staff
Today, January 19, 2022
During the Gilded Age, the Upper East Side was known for the opulent mansions lining the streets. More than 100 years later, period drama The Gilded Age is set to premiere on HBO and a new Gilded Age appears to be taking shape off-screen. This time, instead of single-family mansions, a new crop o...
From Get To Know
Renters Rights 101: A Comprehensive Guide for New Yorkers - Part 1
By Cait Etherington
Tuesday, January 18, 2022
Owners outnumber renters in many U.S. cities, but not in New York. If anything, the proportion of renters to owners has even grown in recent years. Currently, more than half of the city’s inhabitants are renters, and data reveals that renting isn’t just for the young. In nearly every age category...
From Great Listings
Top Sales & Contracts: West Village townhouse rented by Lady Gaga finds buyer and Justin Timberlake sells penthouse
By CityRealty Staff
Tuesday, January 18, 2022
From January 9-15, 2022, a total of 350 condo, co-op, and condop sales were recorded in Manhattan
The aggregate total of sales was $790,536,689
189 condo sales came to a median price of $1.725 million ($1,626/ft2)
152 co-op sales came to a median price of $786,250
From Great Listings
NYC's dreamiest new listings include a Park Slope classic 6 and a Fifth Ave condo under Jeff Bezos
By CityRealty Staff
Thursday, January 13, 2022
Between January 8 and January 14, 374 Manhattan apartments
were listed for sale at a median price of $1.99M ($1,745/ft2) for condos and $800K for co-ops. Find below some of our picks of the most attractive apartments to hit the market this past week. Among them are a 3-bed at 212 Fifth Avenue, a...
From Get To Know
The New York State Homeowner Assistance Fund - Applications Now Open
By CityRealty Staff
Thursday, January 13, 2022
As many New Yorkers struggle to keep up with mortgage payments and related homeownership costs due to the pandemic, there is good news on the horizon in 2022.
As announced in December, Governor Kathy Hochul is launching the New York State Homeowner Assistance Fund (NYS HAF). At a press conferenc...
From Future New York
See the "wildly cultivated" residences of 100 Vandam; Now selling West SoHo condos steps from new Google outpost
By CityRealty Staff
Thursday, January 13, 2022
As Hudson Square moves closer to becoming a high-end live-work-play community, some manufacturing buildings of yesteryear have been razed to make way for a spiffy set of modern constructs. The latest such example is 100 Vandam Street: After entrepreneur Jeff Greene acquired the gorgeous albeit un...
From Future New York
NOVA: Flatiron-shaped condo presents a smart investment opportunity for buyers with LIC homes from $600K
By CityRealty Staff
Thursday, January 13, 2022
In spite of the pandemic, Long Island City continues to pump out new projects faster than pretty much any neighborhood in the country. According to a recent study by RentCafe, LIC's Hunters Point district ranks third in terms of number of apartments under construction. Now with its rental market ...
From Brooklyn
Magnolia DUMBO: Amenity-rich rental near Brooklyn waterfront begins leasing with up to 2 months free
By CityRealty Staff
Thursday, January 13, 2022
At 1.1 million square feet and spanning a full city block, 85 Jay Street is DUMBO’s largest residential development. The condos dubbed Front & York comprise 408 units and are situated at 85 Jay Street, while the rental component, Magnolia DUMBO, comprises 320 units and is situated at 160 Front St...
From Affordable Housing
Affordable Housing Rundown: A comprehensive look at lotteries + additional programs to assist renters
By CityRealty Staff
Thursday, January 13, 2022
Updated 1/12/2022 with new lotteries in East Harlem, Williamsburg, Bushwick, Prospect Heights, Astoria, Jamaica, and Fordham.
In Mayor Bill de Blasio’s “tale of two cities” speech, he cited housing and homelessness as examples of the stark inequality in New York City. As his tenure as mayor draw...
More In Market Insight
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6sqft (our blog)
- From Greenpoint New York’s first-ever Lenape-curated exhibition to open at the Brooklyn Public Library in Greenpoint
- From Affordable Housing 143 middle-income units available at new 34-story tower in Downtown Brooklyn, from $2,523/month
- From Cool Listings In the West Village, a cozy co-op with a huge skylight and wood-burning fireplace asks $1.15M
- From City Living NYC puts retired Staten Island Ferry boat up for auction
- From Cool Listings $19.5M Dumbo penthouse is Brooklyn’s priciest listing
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Get To Know
- From Get To Know Renters Rights 101: A Comprehensive Guide for New Yorkers - Part 1 Tuesday, January 18, 2022
- From Get To Know The New York State Homeowner Assistance Fund - Applications Now Open Thursday, January 13, 2022
- From Get To Know The Pros and Cons of Buying an HDFC Apartment + Notable New Affordable Listings Thursday, January 13, 2022
- From Get To Know NYC's Top Ten Most-Trusted Moving Companies Wednesday, January 5, 2022
- From Get To Know Look inside the Mandarin Oriental Residences; “Luxury hotel without the guests,” quietly launches sales Tuesday, January 4, 2022
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Rental Building News and Offers
- From DUMBO Magnolia DUMBO: Amenity-rich rental near Brooklyn waterfront begins leasing with up to 2 months free Thursday, January 13, 2022
- From Chelsea Maverick Chelsea is leasing luxury apartments in the center of Manhattan with one month free rent Tuesday, January 11, 2022
- From Mott Haven Leasing launches at Third at Bankside with 2 months free rent; Waterfront apartments in Mott Haven from $2,412/month Wednesday, January 5, 2022
- From Financial District 7 Dey Street: New FiDi tower offers two months free rent and the chance to earn points for paying rent Monday, January 3, 2022
- From Midtown West 3ELEVEN: Manhattan's largest rental development in-construction readies for summer 2022 leasing Thursday, December 30, 2021
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Market Reports & Research
- From Monthly Market Reports NYC's Best-Selling Buildings of 2021 + CityRealty Q2 Manhattan Residential Market Report Thursday, September 2, 2021
- 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
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Great Listings
- From Great Listings From $630K: First-time Resales of Mint Condition Condos Today, January 19, 2022
- From Great Listings Top 10 Upper East Side Condos + Anticipated New Developments Today, January 19, 2022
- From Great Listings Renters Rights 101: A Comprehensive Guide for New Yorkers - Part 1 Tuesday, January 18, 2022
- From Great Listings Top Sales & Contracts: West Village townhouse rented by Lady Gaga finds buyer and Justin Timberlake sells penthouse Tuesday, January 18, 2022
- From Great Listings NYC's dreamiest new listings include a Park Slope classic 6 and a Fifth Ave condo under Jeff Bezos Thursday, January 13, 2022
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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
