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Market Insight

When starting a real estate search, one of the first things to do is get a clear idea of how much space one's budget will cover. This can be especially interesting in New York City, where the same amount that buys a studio in one neighborhood can buy a penthouse in another. We take a look at what...
For the second week in a row, an Upper East Side townhouse had the top Manhattan contract: A pair of houses at 15 and 17 East 77th Street entered contract with an asking price of $32,500,000. But unlike last week's triple-mint home, these townhouses are being delivered in white box condition and ...
Manhattan Sales: For the week ending March 24, 2023, $317,905,860 worth of transactions across 183 condo, condop, and cooperative deals were recorded 86 condo sales came to an aggregate price of $226,033,211 One condop sale closed for $4,000,000 96 co-op sales came to an aggregate price of ...
 
If you’re selling an New York City property, you’ll more than likely realize a strong return on your initial investment. But before you start planning how to spend your profits or reinvestment, it is important to consider the substantial closing costs you’ll also incur. In New York City, closing ...
After months of trying to engage in social distancing with neighbors on all sides, some city residents are coming to find that there is something to be said for boutique condos or rentals (commonly defined as a low- or mid-rise measuring 50 units or fewer). Fewer units per floor can mean more pri...
When The Solaire was first converted from a rental to a “co-op with condo rules,” word-of-mouth interest from current residents and neighbors accounted for 30 contracts before sales officially launched. More recently, the team announced that the building marked its 100th closing. Remaining avai...
Some astrology aficionados see new moons as a time for resets and new beginnings, and that is especially the case in March 2023: The new moon fell on March 21, hot on the heels of the beginning of "Aries season" or the astrological new year, making it an especially auspicious time to initiate cha...
March 20, 2023 marked the first day of spring in the Northern Hemisphere. This winter was warmer than usual in New York, but residents can be assured of longer days and consistently higher temperatures going forward. As such, multifamily buildings' outdoor amenities are looking more attractive......

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