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

Market Insight

As of this writing, Manhattan listings come to a median price of $2,308,833, or 1,769 per square foot for condos. The median price of Manhattan co-ops is $899,913. Those prices sound intimidating to some would-be buyers, but there is no need to walk away. Rather, they would be encouraged to look ...
Following Hurricane Sandy, many New Yorkers experienced a big surprise. Not only had their homes been flooded, but it turned out their home insurance policies did not cover the damages. While nearly all home insurance plans cover other types of natural disasters—for example, damage from a tornado...
Long before the first case of COVID-19 was reported, Little Italy was iconic for the sidewalk cafes and restaurants dotting Mulberry Street, the destination's central thoroughfare. But now that indoor dining in New York City has been indefinitely suspended, its outdoor dining scene has been taken...

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For the first quarter of 2020, the average sales price of apartments in Manhattan declined by 10% when compared to the first quarter of 2019. The number of recorded sales fell marginally (-1%) to 2,186 recorded transactions. The average sales price for all residential units, excluding townhouses...
Yesterday we brought you an update on Moinian Group's soon-to-debut luxury rental at 2 Washington Street. That office conversion venture, positioned just north of Battery Park, is scheduled to bring hotel-style apartments and delectable amenities such as a rooftop swimming pool and a members-only...
On July 15, it will feel a bit more like a New York summer when Governors Island reopens. However, there are some changes in place: Starting July 10, tickets will go on sale for Governors Island ferries with limited capacity to allow for social distancing. Masks must be worn, even on the upper de...
In a section of Manhattan that has seen one glass skyscraper after another in recent years, Sir David Adjaye’s first New York skyscraper at 130 William Street comes as a welcome treat. The hand-crafted concrete facade is almost all the way up the 66-story building, and the dramatic arched windows...
The mid-century office building, 2 Washington Street, is undergoing a partial conversion that will introduce 345 sparkling rental residences to the Financial District. Developed by the Moinian Group, residents will have access to a comprehensive suite of amenities that include a rooftop pool and ...
Between the coronavirus pandemic, the economic fallout of the efforts to contain it, and the fact that New York City is still not all the way open, Manhattan's new development market has taken quite a beating with nearly half the number of sales recorded in the first two quarters of 2020 as there...
Over the past two decades, the Meatpacking District has transformed from an odorous industrial district living up to its name to a pedestrian/tourist-friendly destination that serves as a nucleus to Manhattan's nightlife, creative office, high-end dining, shopping, and hospitality scene. As the a...
On July 8, 2020, two days into Phase 3 of New York City's reopening, CityRealty listings show 9,400 sales listings on the market in Manhattan, Brooklyn, and Western Queens. According to these, the median price of a Manhattan condo is $2,348,593, or $1,776 per square foot, in a slight dip from las...
SoHo is world-renowned for its cast-iron architecture and rich historical streetscapes. While the buildings in western extents of the neighborhood, commonly known as Hudson Square, were built decades later, the area is still endowed with robust industrial architecture that speaks to the city's ev...
Over the past several weeks, New York streets have been closed to car traffic to allow pedestrians to practice safe social distancing and let restaurants provide outdoor dining. It is too soon to say whether these changes will become permanent or what effect they will have on the city. However, t...

More In Market Insight

Spacious 1 Bedrooms with outdoor space and in-residence w/d View Property
Luxury Homes in Midtown | Newly Renovated Studio-2BR Homes View Property
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