Market Insight
From Affordable Housing
Affordable Housing Rundown: A comprehensive look at lotteries + additional programs to assist renters
By CityRealty Staff
Today, August 4, 2021
Updated 8/4/2021 to include new lotteries on the Upper West Side, East Harlem, Williamsburg, Bedford-Stuyvesant, Bushwick, East New York, and Mott Haven.
Under the de Blasio administration, New York City has rolled out several new affordable housing initiatives (for more details, see the mayor’s...
From Goldilocks Blocks
Newly-Listed townhouses with backyards include a West Village brownstone with outdoor pool
By CityRealty Staff
Tuesday, August 3, 2021
Before a new class of luxury cooperatives on Park and Fifth Avenues took the city by storm, well-heeled New Yorkers preferred to live in single-family homes on side streets. Over 100 years later, townhouses are having a moment as a result of the coronavirus pandemic. Some families are eager for m...
From Great Listings
NYC homes of David Bowie, Gloria Vanderbilt, and Perry Ellis among July 2021 celebrity listings
By CityRealty Staff
Tuesday, August 3, 2021
During the months of lockdown when many New Yorkers were confined to small apartments, some speculated that this would lead to rising demand for townhouses. Indeed, July 2021 has seen a large number of townhouse sales, several of which were previously owned by big names in business and politics. ...
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 Midtown
As Broadway readies for reopening, The Nyles debuts Hell’s Kitchen rentals with 1 month free
By CityRealty Staff
Monday, August 2, 2021
Just over a month before the majority of Broadway theaters reopen on September 14, new guidelines have been issued for the shows. The Broadway League has announced that all theaters will require vaccinations for all members of the cast, crew, theater staff, and audience; additionally, given the r...
From Great Listings
Manhattan Sales and Contracts: $3.2B in July deals is most in 2 years; Shark Tank’s Robert Herjavec closes on $32M condo
By CityRealty Staff
Monday, August 2, 2021
In the last full week of July 2021, a total of 396 Manhattan condo, co-op, and condop sales were reported with an aggregate total of $724.7 million, blending to a median price of $1.13 million. This brings Manhattan's sales total for July 2021 to $3.2 billion, the most since the rush to buy befor...
From Future New York
Beckford House & Tower reports $478M+ in sales; Luxury penthouses from $20M unveiled
By CityRealty Staff
Friday, July 30, 2021
Beckford House & Tower has had deals regularly featured near the top of Manhattan’s top sales and contracts since its sales launch in October 2019, and new numbers have emerged to demonstrate the allure of the two-building development: It has reached over $478 million in sales and is now over 85 ...
From Future New York
Sponsor Units: What They Are and the Pros and Cons of Buying One
By Cait Etherington
Friday, July 30, 2021
From time to time, sponsor units come on the market. But what is a sponsor unit? The short answer is that it is a unit that has never been sold.
In most cases, sponsor units are found in new condos. In this instance, the units are being sold by the condo developer. The main advantage of buying ...
From Future New York
Urban League Empowerment Center: Crane up, tower rising for Civil Rights Museum, Trader Joe's, and affordable housing in Harlem
By CityRealty Staff
Friday, July 30, 2021
More than 100 years after the National Urban League was founded in Harlem, plans were announced for its new national headquarters, located at 121 West 125th Street and the result of a request for proposals issued by Empire State Development and the New York City Economic Development Corporation. ...
From Great Listings
Incredible newly-listed rentals include a Brooklyn Heights mansion once scoped by Matt Damon
By CityRealty Staff
Thursday, July 29, 2021
As July 2021 draws to a close, CityRealty listings show 8,271 publicly listed units for rent in core areas of New York City. This shows a 13 percent drop from the beginning of the month, and the median Manhattan rent has climbed to $3,647/month in the same time period. This time last year saw an ...
From New Jersey
Hamilton Cove, waterfront living in Weehawken, offers up to four months free rent
By CityRealty Staff
Thursday, July 29, 2021
At this time of year, many New Yorkers are spending weekends at the beach either in summer homes, hotels, or Airbnbs. But across the river, residents of Hamilton Cove enjoy the atmosphere of a vacation home all year round. The three-tower development is located on the Weehawken waterfront, and it...
From Brooklyn
In Sheepshead Bay, AQUA offers modern apartments and one month free rent
By CityRealty Staff
Wednesday, July 28, 2021
While much of Brooklyn's luxury waterfront development has taken place along New York Harbor, the streets along Sheepshead Bay, the Atlantic Ocean inlet that gave the neighborhood its name, have been experiencing a building boom in recent years. Condos like 1 Brooklyn Bay, Avalon Brooklyn Bay, an...
From Great Listings
Price Cuts: Trump Park Avenue penthouse $6.25M off; Ritz-Carlton 3-bed reduced by 25%
By CityRealty Staff
Wednesday, July 28, 2021
As of this writing, CityRealty listings show 9,435 condos, co-ops, condops, and townhouses for sale in Manhattan, north Brooklyn, and parts of Queens and the Bronx, marking a small decline from last week's total of 9,545 listings. The Manhattan median condo price also dipped slightly to $2,248,99...
More In Market Insight
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6sqft (our blog)
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- From Art Vibrant new street mural takes over Union Square’s 14th Street
- From City Living All the NYC companies mandating Covid vaccines for employees
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Get To Know
- From Get To Know Sponsor Units: What They Are and the Pros and Cons of Buying One Friday, July 30, 2021
- From Get To Know The Octagon: Historic Roosevelt Island complex leasing studio to 3-beds with one month free Monday, July 26, 2021
- From Get To Know Top 10 Manhattan Luxury Rental Buildings with Great Roof Decks Thursday, July 22, 2021
- From Get To Know Pros and Cons of Boutique Buildings + 10 New Developments Coming to Market Thursday, July 15, 2021
- From Get To Know Protecting Your NYC Property from Fires, Floods, and Other Disasters Friday, July 9, 2021
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Rental Building News and Offers
- From Midtown As Broadway readies for reopening, The Nyles debuts Hell’s Kitchen rentals with 1 month free Monday, August 2, 2021
- From New Jersey Hamilton Cove, waterfront living in Weehawken, offers up to four months free rent Thursday, July 29, 2021
- From Brooklyn In Sheepshead Bay, AQUA offers modern apartments and one month free rent Wednesday, July 28, 2021
- From Upper East Side The Octagon: Historic Roosevelt Island complex leasing studio to 3-beds with one month free Monday, July 26, 2021
- From Midtown Top 10 Manhattan Luxury Rental Buildings with Great Roof Decks Thursday, July 22, 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 Newly-Listed townhouses with backyards include a West Village brownstone with outdoor pool Tuesday, August 3, 2021
- From Great Listings NYC homes of David Bowie, Gloria Vanderbilt, and Perry Ellis among July 2021 celebrity listings Tuesday, August 3, 2021
- From Great Listings Manhattan Sales and Contracts: $3.2B in July deals is most in 2 years; Shark Tank’s Robert Herjavec closes on $32M condo Monday, August 2, 2021
- From Great Listings Beckford House & Tower reports $478M+ in sales; Luxury penthouses from $20M unveiled Friday, July 30, 2021
- From Great Listings Sponsor Units: What They Are and the Pros and Cons of Buying One Friday, July 30, 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
