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

Market Insight

Over the past seven days, there was a total of 561 new sales listings in core areas of New York City. The median price of the newly listed condos came to $1,377,667, or $1,456 per square foot, while the median co-op price for new listings is $775,000 (all figures per CityRealty listings). Below, ...
On June 22, New York City registered Democrats and Republicans have an opportunity to elect a mayoral candidate. While there are no clear winners yet, at this point, a few candidates in both parties have already separated from that large pack of people vying for the city’s top elected position. O...
Like yoga before it, meditation has recently gone from a niche activity to a mainstream practice. That was especially the case during the coronavirus pandemic - meditation app Headspace reports that its downloads have doubled since March 2020, and its competitor Calm recently surpassed 80 million...
 
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 June 13-19, a total of 384 condos, co-ops, and condop sales were recorded in Manhattan with an aggregate price of $677,776,327 and a median price of $1,224,000. The 197 condo sales closed at a median price of $1,575,000, or $1,496 per square foot. The 182 co-op sales came to a median price o...
As the summer season approaches, New Yorkers are naturally eager to escape to the beach. A perennial nearby favorite is Fire Island—a narrow strip of land running along Long Island’s south shore. In response to COVID-19, people who are not fully vaccinated are still required to wear masks indoors...
The lucky New Yorkers who live within a few blocks of Central or Prospect Park may have acres of running trails and green space at their feet, but they have to share the space with what often seems like half the city. A few fortunate Gramercy Park residents get a golden key to their own private v...
As of June 18, 2021, CityRealty listings show 10,210 publicly listed units for rent in core areas of New York in a drop from last week's total of 10,666 listings. The median Manhattan rent, though, is holding relatively steady at $3,264/month. A total of 353 listings experienced price reductions ...
Between the past year's rise in work-from-home and dramatic spike in online shopping, things might have appeared gloomy for New York's brick-and-mortar shopping scene. However, plunging commercial rents will give entrepreneurs and retailers the chance to open interesting new concepts and larger l...
81 McGuinness Boulevard, a new six-story boutique condominium in a prime Greenpoint neighborhood, is a short walk from the eclectic dining options of Nassau Avenue and Manhattan Avenue. But for those who prefer to cook at home, the building offers an interesting incentive: three months of Martha ...
A recent study by Apartment List found that the United States added over 9 million net new housing units from 2010 to 2020, thus increasing the housing stock by 6.9 percent. However, the growth has not been evenly distributed: The New York metro area only added 309,000 new housing units in that s...
As of June 16, 2021, CityRealty listings show a total of 10,114 publicly-listed condos, co-ops, condops, and townhouses for sale in Manhattan, northern Brooklyn, western Queens, and parts of the Bronx. The number of availabilities has fallen slightly since last week, while Manhattan's median cond...
Updated 6/16/2021 to include new lotteries in Long Island City, East Flatbush, East New York, and Coney Island. Under the de Blasio administration, New York City has rolled out several new affordable housing initiatives (for more details, see the mayor’s latest housing plan, Housing New York 2.0...

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