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

Market Insight

In recent years, the stretch of West Chelsea around the High Line has been dominated by architecturally adventurous condominiums with ultra-luxe finishes, five-star amenities, and correspondingly high prices. However, the prewar buildings that once defined the Chelsea Historic District have not b...
It's finally pool season in New York City. Not only are the temperature reading outside telling us so, but this past Tuesday, the New York City Parks Department opened all 51 public outdoor pools in the five boroughs despite the a nation-wide lifeguard shortage. The pools will be open until Labor...
In a part of Downtown Brooklyn that has seen some architecturally appealing new towers take shape over the past few years, 22 Chapel Street stands out for its faceted facade and modern interpretation of historic Brooklyn architecture, as conceived by CetraRuddy. Leasing is underway with move-ins ...

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With low inventory and a return of optimism for the city, Manhattan saw the average sale price paid for an apartment jump 22% in the first quarter of 2022 compared to the first quarter of 2021. The average sale price for all residential units, excluding townhouses, ticked up markedly to $2.1 mill...
With the majority of real estate discussions centered on investment value and whether it's a buyer's or seller's market, it can be easy to forget that people's homes are at the heart of it. However, a studio in Greenwich Village supplements its floor plan and specs with a video expanding on what ...
Hamilton Heights is best known for its elevated terrain, its Dominican food, and as the home of Alexander Hamilton, the founding father and namesake landowner who settled here once he largely exited politics. Extending from West 135th to 155th Streets, between Edgecombe Avenue and the Hudson Rive...
The West Village is one of the most protected sections of New York City, yet home to some of its most eye-catching homes. Emmy and Tony Award-winning actor Hugh Jackman has recently listed his triplex apartment at the Richard Meier-designed 176 Perry Street for $38.9 million; features include a d...
New York is home to some of the most expensive homes in the country (where else would a $20 million apartment be considered a steal?), but that is not to say that homeownership is completely unobtainable. A key component of Mayor Adams' housing plan is expanding affordable homeownership opportuni...
In September 2015, Michael Heletz of Excel Development Group began acquiring a row of five walk-up residential buildings at 339-345 East 33rd Street in Kips Bay, a stone's throw from NYU Langone Health. Once the assemblage was complete, demolition permits were filed and a rendering by GF55 Partne...
Architectural firm ODA New York is known for its modern designs that present creative, if not provocative, interpretations of city zoning codes. A stone's throw from 15 Union Square West, ODA's transformation of the Tiffany & Company headquarters, work is winding down on 101 West 14th Street, a "...
Manhattan Contracts: From June 20-26, 2022, a total of 189 townhouses, condos, co-ops, and condops entered contract The average time on the market was 84 days The total sticker price sum came to $393,567,800, and the median last asking price came to $1,300,000 There were a total of 87 condo de...
Manhattan Sales: From June 19-25, 2022, $770,611,762 worth of transactions across 291 condo, condop, and cooperative deals were recorded 110 condo sales came to a median price of $1,950,000 ($1,890 per square foot) Eight condop sales came to a median price of $745,000 173 co-op sales came to...
Following the 2013 Supreme Court ruling that struck down the Defense of Marriage Act and the 2015 ruling that upheld the decision, gay and lesbian couples across the United States have had a lot to celebrate. After years of struggle, gays and lesbians now have the right to marry and along with it...

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