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

Market Insight

Even as Broadway starts to reopen, theater lovers have a surfeit of alternate viewing options. An Emmy-nominated performance of Hamilton can be streamed on Disney+; a performance of Come From Away hit Apple+ TV on September 10; Diana will premiere on Netflix on October 1, two months before its pl...
You know those terrifying horror movies when a person is caught in between life and death and someone screams, “don't go towards the light!”? Well, someone needs to give birds that advice. New York City’s iconic skyline, which is lit with hundreds of illuminated buildings, is killing tens of thou...
While our once-novel glass towers are starting to lose their shine (and evidently killing our bird population), stone and craftsmanship endures, and are attracting New York's latest crop of robber barons who are proving money can, in fact, buy taste. Earlier this year, Naftali Group in partnersh...

Type

Bedrooms

Avg / Median

Currency

Pricing based on the past 12 month sales
Buildings
 
For the second quarter of 2021, the average sale price of Manhattan* apartments rose 10% Y-O-Y when compared to Q2 2020 and up 18% when compared to Q1 2021. The average sale price for all residential units, excluding townhouses, was $2.02 million, up from $1.84 million recorded in Q2 2020. The a...
While must-have amenities come and go and trendy neighborhoods ebb and flow, easy access to outdoor space remains priceless in the concrete jungle — just look at Central Park. Public parks were especially appreciated at a time when indoor social activities were put on hold during the most trying...
As a renter, insurance may not be at the top of your concerns, but in most leases, if you read all the fine print, there will be a clause indicating that you must purchase renters insurance. If you have any doubts about its necessity, consider what might happen if you don’t have renters insurance...
In recent years, office-to-condo conversions have become a staple of New York’s real estate market, particularly in lower Manhattan, where landmarked and preservation-worthy buildings abound; some conversions, however, stand well above the crowd. Among such elites is One Wall Street, a 566-unit c...
This is truly a buyer’s market, and for those rushing to move forward without time-consuming and intrusive board interviews, one may want to seek out the small percentage of co-op availabilities requiring no co-op board approvals. These listings typically refer to sponsor units owned by the origi...
The Lower East Side used to refer to one large stretch of Lower Manhattan, but an influx of artists in the 1960s would come to differentiate the East Village from the more working-class area to the east. While this area has lost some of its old character and iconic haunts in recent years, the Low...
As of this writing, CityRealty listings show a total of 8,877 publicly listed condos, co-ops, condops, and townhouses for sale in core areas of New York. The number of listings has climbed from last week, but Manhattan's median condo price has dipped slightly to $2,270,816 (or $1,816 per square f...
At the heart of East Williamsburg, near its labyrinthine Lorimer-Metropolitan Avenue subway station, a thoughtfully designed residential building is underway at 624 Metropolitan Avenue. The ground-up project is being helmed by Christian Pompa's Caro Enterprises (Red Thumb Development, LLC), whose...
To combat the spread of the delta variant, Mayor de Blasio signed an executive order requiring New Yorkers 12 and older to show vaccination status to enter indoor venues like fitness centers, indoor restaurants and bars, movie theaters, performance venues, and indoor recreation centers. Ths order...
SL Green Realty, NYC’s largest office landlord, has dipped their toes into Manhattan's hot-again residential market, bringing online 7 Dey Street, a 209-unit mixed-income rental tower at the center of the Financial District. The 34-story-high building designed by Dan Kaplan of FXCollaborative ris...

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