Market Insight
From Great Listings
NYC's top price cuts include Richard Rodgers' penthouse slashed by $2.5M
By CityRealty Staff
Wednesday, January 20, 2021
The number of listed apartments for sale in the core areas of New York is holding steady at 10,133 condos, co-ops, condops, and townhouses throughout Manhattan, northern Brooklyn, western Queens, and parts of the Bronx. Manhattan's median condo price jumped 2.2 percent from last week to $2,052,05...
From Future New York
Sales launch at VU: Manhattan condos with panoramic views from an attainable $829K
By CityRealty Staff
Wednesday, January 20, 2021
Sited at the intersection of NoMad, Kips Bay, and Gramercy is VU New York, a 36-story condominium designed by SLCE Architects and spearheaded by Minrav Development. The high-rise rises mid-block at 368 Third Avenue, between East 26th and 27th Street not far from Madison Square Park, NYU Langone's...
From Get To Know
What is a guarantor? When, why, and how to use one in NYC
By Cait Etherington
Wednesday, January 20, 2021
Whether you’re renting or buying, in New York City the process can be difficult to do on your own unless you already have an established credit history and substantial savings. As a result, it is not uncommon for renters and buyers, especially those new to the housing market, to rely on a guarant...
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From The CityRealty 100
The CityRealty 100 Market Report
By CityRealty Staff
Monday, January 4, 2021
The CityRealty 100
is an index comprising the top 100 condominium buildings in Manhattan. Several factors—including a building’s sales history, prominence, and CityRealty’s rating for the property—are used to determine which buildings are included in the index. This report tracks the performance...
From Future New York
See renderings of 10 new projects coming to NYC
By CityRealty Staff
Wednesday, January 20, 2021
It's only three weeks into the new year, but 2021 is off to quite a busy start. The days leading up to President Joseph R. Biden Jr.'s inauguration have been filled with plans and projects set to breathe new life into quiet sites, bring historic architecture into the present day, and make New Yor...
From Great Listings
Selling at a Loss: NYC apartments listed at over 25% below previous closing price
By CityRealty Staff
Tuesday, January 19, 2021
Manhattan real estate is a well-known as a safe investment. Even in this deep buyer's market and the unprecedented situation surrounding it, approximately 3/4 of apartments sold between 2014 and 2020 are asking an average of 18% more above their original purchase price (figures per CityRealty dat...
From Brooklyn
Checking in on Greenpoint Landing with new glimpses of its future towers
By CityRealty Staff
Tuesday, January 19, 2021
Brooklyn and Queens are giving Manhattanites more to look at as a necklace of tower-packed master plans come to life along the East River waterfront. One of the largest is Greenpoint Landing, a 22-acre, 11-tower development steered by Brookfield Properties and Park Tower Group that will bring 5,5...
From Future New York
Maverick Chelsea: Amenity-packed condo in Chelsea now selling 1-3 beds from $1.3M
By CityRealty Staff
Tuesday, January 19, 2021
The stretch of Chelsea just south of Penn Station was once known as the Fur District, but there are far fewer furriers in the neighborhood than there used to be. It is in the throes of a building boom that is bringing some eye-catching new architecture to the area. Chief among them is Maverick Ch...
From Future New York
High volume of Manhattan sales continues as Kim Kardashian-toured penthouse sells; Home of Crazy Rich Asians producer enters contract
By CityRealty Staff
Tuesday, January 19, 2021
For the second week of January 2021, 218 market-rate condo, co-op, and condop sales were recorded throughout Manhattan, aggregating to a total of $437,525,425
and coming in at a median price of $1.033 million. The 117 condo sales came to a median price of $1,600,000, or $1,437 per square foot. T...
From Get To Know
NYC's most stunning new listings + beautification groups to volunteer for this spring
By CityRealty Staff
Friday, January 15, 2021
Over the past seven days, 646 new condos, co-ops, condops, and townhouses were listed throughout New York City. We take a look at the most beautiful new listings to come on the market, and there's no question that some are priced to reflect that. But no matter how much one paid for their apartmen...
From Great Listings
PRICE CUTS: What $3,000/month now gets you in NYC's 10 priciest neighborhoods
By CityRealty Staff
Friday, January 15, 2021
Between November 2020 and January 2021, the Manhattan rental market saw a 23% drop in inventory as a record pace of leasing took hold up and down the island. As of today, there are 12,414 actively-listed rentals on the isle, down from 16,209 listings two months ago. All configurations, from studi...
From Midtown
The Ultimate List of NYC Apartments Buildings with Extraordinary Active Amenities
By CityRealty Staff
Friday, January 15, 2021
In the new age of amenities, fitness centers and swimming pools have become almost an essential part of new luxury residential buildings. However, certain developments have gone above and beyond a simple treadmill and a few free weights: At a time when sports courts and fitness studios remain clo...
From Get To Know
New York Taxes: A guide to real estate taxes for NYC apartment owners
By Cait Etherington
Friday, January 15, 2021
If you’re selling an NYC property, you’ll likely realize a strong return on your initial investment, but before you start planning how to spend your profits or reinvestment, it is important to consider the substantial closing costs you’ll also incur. In New York City, closing costs not only inclu...
More In Market Insight
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6sqft (our blog)
- From Features The first presidential inauguration was held in New York City in 1789
- From Affordable Housing How Joe Biden will affect NYC’s renters, real estate, and recovery
- From Midtown East Norman Foster’s splashy new office tower at 425 Park Avenue nears completion
- From Celebrities Last-ditch effort to sell Trump’s childhood home in Queens before Inauguration Day
- From More Top Stories $100M proposal aims to turn Union Square into NYC’s ‘most accessible’ space
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Get To Know
- From Get To Know What is a guarantor? When, why, and how to use one in NYC Wednesday, January 20, 2021
- From Get To Know NYC's most stunning new listings + beautification groups to volunteer for this spring Friday, January 15, 2021
- From Get To Know New York Taxes: A guide to real estate taxes for NYC apartment owners Friday, January 15, 2021
- From Get To Know Closing Costs 101: A Guide for NYC Buyers Thursday, January 14, 2021
- From Get To Know 250 Water Street: What to know about the controversial $1.4B Seaport development that took Landmarks by storm Thursday, January 7, 2021
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Rental Building News and Offers
- From Brooklyn Checking in on Greenpoint Landing with new glimpses of its future towers Tuesday, January 19, 2021
- From Midtown The Ultimate List of NYC Apartments Buildings with Extraordinary Active Amenities Friday, January 15, 2021
- From Midtown The tallest residential skyscrapers in NYC and sky-high listings inside Wednesday, January 13, 2021
- From Brooklyn This pristine Passive House townhouse is a serene retreat with heated outdoor pool and skylit spaces Tuesday, January 12, 2021
- From New Jersey Harbor 1500: Amenity-rich waterfront rental leasing apartments from $2,555 with 3 months free Thursday, December 17, 2020
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Market Reports & Research
- 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
- From Monthly Market Reports December 2019 Monthly Market Report: One Manhattan Square and 91 Leonard lift Downtown market Friday, December 6, 2019
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Great Listings
- From Great Listings NYC's top price cuts include Richard Rodgers' penthouse slashed by $2.5M Wednesday, January 20, 2021
- From Great Listings What is a guarantor? When, why, and how to use one in NYC Wednesday, January 20, 2021
- From Great Listings Selling at a Loss: NYC apartments listed at over 25% below previous closing price Tuesday, January 19, 2021
- From Great Listings Maverick Chelsea: Amenity-packed condo in Chelsea now selling 1-3 beds from $1.3M Tuesday, January 19, 2021
- From Great Listings High volume of Manhattan sales continues as Kim Kardashian-toured penthouse sells; Home of Crazy Rich Asians producer enters contract Tuesday, January 19, 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
