Skip to Content
CityRealty Logo

Market Insight

The week of October 14-20, 2024 was interrupted by the federal holiday on October 14, when government agencies and some banks were closed for the day. As a result, the number of Manhattan contracts signed during this time dipped week-over-week by default. However, it was still a busy time for lux...
After years of being stuck in development limbo, 520 Fifth Avenue, an ambitious mixed-use skyscraper in the heart of Manhattan, is now nearing its peak. The 71-story tower, set to top out at 1,002 feet above street level will become the tallest residential building on the famed avenue, and only b...
New York rents remain high, and even some traditionally affordable neighborhoods are starting to creep up: Brooklyn has traditionally been viewed as relatively affordable compared to Manhattan, but some popular Brooklyn neighborhoods' median rents have risen to rival Manhattan. Additionally, bidd...

Type

Bedrooms

Avg / Median

Currency

Pricing based on the past 12 month sales
Buildings
 
In New York, the third weekend of October 2024 offers something for everyone. Gourmands have the New York Wine and Food Festival; pop culture aficionados have New York Comic Con; pet lovers have the Tompkins Square Halloween Dog Parade; and architecture enthusiasts have Open House New York (OHNY)...
In Lower Manhattan, where the cobblestone streets of the West Village blend into the quieter blocks of Hudson Square, construction is underway on a pair of dynamic residential towers that will reshape a low-rise section of the Hudson River waterfront.
From October 6-14, 2024, approximately 250 condos, co-ops, condops, and townhouses throughout New York City experienced price reductions. These included six two- and three-bedroom units at 505 W 43, a new development condominium just off Tenth Avenue. To further sweeten the deal, the building is ...
To look at Park Avenue's elegant prewar architecture and landscaped medians today, it is easy to imagine that it has always been part of New York City. However, a history presented by Friends of the Upper East Side details how it was originally laid out as Fourth Avenue on the city planning grid ...
Since early 2022, consumers have had ample time to consider how even a small change in mortgage rates can have a big impact. But despite higher rates, there’s one reliable way to secure a better deal and potentially save hundreds of thousands of dollars — choosing a short-term mortgage. This arti...
Manhattan Sales: For the week ending October 11, 2024, $377,379,329 worth of transactions across 195 condo, condop, and cooperative deals were recorded 102 condo sales came to an aggregate price of $266,956,779 Four condop sales came to an aggregate price of $7,705,000 89 co-op sales came t...
Nearly two and a half years after initially listing it, Rupert Murdoch's triplex penthouse at One Madison in the Flatiron District has entered contract with a $28.5 million asking price, or $33.5 million below the initial listing price of $62 million. It was listed in March 2022 along with a full...
Manhattan maintained its strong autumn performance through the second week of October, with 207 signed contracts for residential apartments and townhouses—the second-highest figure since spring. If all properties sold at their asking prices, the total would be nearly $550 million in residential s...

More In Market Insight