Market Insight
About 100 years ago, buildings full of one-room "efficiency apartments" went up to accommodate an influx of single people moving to New York City. This was around the same time wealthy artists' families were building separate studios for them to live and create in, albeit often with multiple room...
The Curves Remain: Frank Gehry's enduring influence on NYC architecture; See built and unbuilt works
In a city defined by its strict grid and anxious vertical rise, Frank O. Gehry’s contributions to New York remain unmistakably his, yet distinctly shaped by the city’s character. Of his two buildings, one channels his signature crushed-steel dynamism into a soaring high-rise, while the other glow...
On the week ending December 5, 2025, the city recorded residential sales that took place around the Thanksgiving holiday. This is the likeliest explanation for the week-over-week dip in both the number of Manhattan sales recorded and the aggregate dollar amount.
Type
Bedrooms
Avg / Median
Currency
Pricing based on the past 12 month sales
Buildings
In the third quarter of 2025, Manhattan recorded just over 2,500 signed residential contracts: 47% for condominiums, 48% for cooperatives, and the remainder for condops and townhouses. If all sold at their last asking price, total contract volume would reach approximately $5.2 billion. The overal...
A little south of Tudor City, rental building The Lotus has risen at 255 East 39th Street, on the northwest corner of Second Avenue. Market-rate leasing is expected to launch in winter 2026.
Over the past decade, the Internet of Things (IoT) has transformed traditional living spaces into smart homes, where various systems—such as temperature, lighting, security, and entertainment—are seamlessly controlled through centralized interfaces like wall panels or smartphone apps. This techno...
In December 2025, a newly built boutique cooperative at 170 West 22nd Street, on the corner of Seventh Avenue, started accepting applications. The attractive nine-story building features a stone and brick facade, as well as thermal insulation and energy-efficient mechanical systems. Amenities inc...
The first week of December 2025 marked a return to work after the Thanksgiving holiday, and also appeared to serve as a return to business for the Manhattan residential real estate market. The number of contracts signed experienced a week over week bounceback, with the week's highest-priced contr...
Manhattan’s for-sale inventory sits at 5,946 active listings, essentially flat year over year (-1%), with a $2.25 million median condo ask, down 6% from last December; and an $895K median co-op ask, down 3% annually. The stability comes as the high-end market for new contracts for homes over $4 ...
Leasing is underway at 18W55, a new uber-luxury rental building located at 18 West 55th Street, just off Fifth Avenue. Availabilities start at $5,145/month for studios, $6,425/month for one-bedrooms, $12,995/month for two-bedrooms, and $15,250/month for three-bedrooms.
In New York City's high-end condo market, amenities have become a form of quiet one-upmanship. Developers not only compete on architecture, apartment finishes and fittings, but on how they can anticipate a resident’s daily rituals, social life, and desire for privacy inside and outside their home...
Before Thanksgiving 2025, Mayor Eric Adams and NYC Department of Buildings Commissioner Jimmy Oddo revealed six revamped designs for sidewalk sheds to be used at construction projects in the five boroughs. They hired architecture firms Arup and Practice for Architecture and Urbanism (PAU) to reim...
Buying in a new residential condo or co-op development in NYC comes with excitement, and, of course, a lot of paperwork. In this Q&A, Samantha Sheeber, managing partner at Starr Associates LLP, explains the reason for offering plans and why these documents play such a big role in shaping expectat...
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Get To Know
- From Get To Know The Future of Living: Designer smart homes in prewar NYC buildings Monday, December 8, 2025
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Rental Building News and Offers
- From Murray Hill The Lotus: Eco-friendly Murray Hill rental gears up for leasing launch and affordable lotto Monday, December 8, 2025
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Market Reports & Research
- From Monthly Market Reports NYC’s top-selling buildings: Downtown deals drive Q3 2025 as outer boroughs gain ground Wednesday, October 29, 2025
- From Monthly Market Reports Manhattan’s market held firm this summer, except in these price-dropping neighborhoods Friday, October 10, 2025
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Great Listings
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- From Great Listings New HDFC Listings: Newly-listed affordable co-ops throughout NYC from $165K Monday, December 8, 2025
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Carter's View
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