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

Market Insight

Over the past seven days, 523 new listings came on the market throughout Manhattan, northern Brooklyn, western Queens, and the Bronx. The 224 new condo listings came to a median price of $1,750,000, or $1,454/square foot. On the co-op side, the 270 new listings came to a median price of $799K. Be...
According to CityRealty listings, there are 11,816 marketed available apartments for rent in Manhattan. This marks a slight drop from last week, and the Manhattan median rent is similarly stable, falling by $3 from last week to $2,795/month. From February 17-23, over 900 Manhattan rental listing...
The Naftali Group in partnership with Rockefeller Group have cleared a huddle of Upper East Side walk-ups to make way for a soaring and stately condominium tower designed by the one and only Robert A.M. Stern Architects. Anticipated to stand 35 floors and 489 feet high (from street level to pinna...

Regions

  • Upper East Side
    {"3":"Park\/Fifth Ave. to 79th St.","4":"Lenox Hill","8":"Carnegie Hill","9":"Yorkville","34":"Roosevelt Island"}
  • Upper West Side
    {"10":"Broadway Corridor","11":"Central Park West","14":"Lincoln Center","16":"Morningside Heights","17":"Riverside Dr.\/West End Ave."}
  • Midtown
    {"1":"Beekman\/Sutton Place","5":"Midtown East","6":"Murray Hill","7":"Turtle Bay\/United Nations","15":"Midtown West"}
  • Downtown
    {"21":"Chelsea","23":"Gramercy Park","24":"Greenwich Village","25":"East Village","26":"West Village","28":"Lower East Side","30":"NoLiTa\/Little Italy","31":"NoHo","32":"SoHo","33":"Tribeca","39":"Flatiron\/Union Square","40":"Stuyvesant Town \/ PCV"}
  • Financial District/BPC
    {"20":"Battery Park City","27":"Financial District"}
  • Brooklyn
    {"201":"Bedford-Stuyvesant","204":"Boerum Hill","206":"Brooklyn Heights","207":"Bushwick","209":"Carroll Gardens","210":"Clinton Hill","211":"Cobble Hill","213":"Crown Heights","215":"Downtown Brooklyn","1200":"DUMBO","219":"Fort Greene","1415":"Gowanus","223":"Greenpoint","231":"Park Slope","232":"Prospect Heights","1565":"Prospect Lefferts Gardens","233":"Red Hook","1421":"South Slope - Greenwood Heights","237":"Williamsburg","238":"Windsor Terrace"}

Neighborhoods

Type

Bedrooms

  • All
  • Studios
  • 1 Bedroom
  • 2 Bedrooms
  • 3 Bedrooms
  • 4+ Bedrooms
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Condo Sales Summary (past 12 months)

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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 (...
Updated 2/25/2021 to include new lotteries in Yorkville, Bushwick, Flatbush, Borough Park, Long Island City, Jamaica, and the Bronx. 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,...
On the corner of West End Avenue and West 78th Street, the past is gracefully being combined with the present. Down the block from the landmarked West End Collegiate Church, Alchemy Properties, the developer behind the Woolworth Tower Residences, is combining a new 18-story tower with a Schwartz ...
As of February 24, 2021, there are 9,887 condos, co-ops, condops, and townhouses for sale throughout Manhattan, northern Brooklyn, western Queens, and parts of the Bronx. The Manhattan condo median price jumped 2.5 percent from last week to $2,186,835 ($1,712 per square foot). The Manhattan co-op...
As busy as real estate development has been in Manhattan, the outer boroughs have hardly sat quietly. Proof of that may be found in Downtown Far Rockaway, where a 2017 rezoning is bringing exciting new development to the area. The New York City Department of Housing Preservation announced financi...
Stories about climate change are understandably gloomy and can make small lifestyle changes seem futile. In fact, every small change helps. From affordable interventions like composting to more ambitious endeavors like going solar, there are many ways renters, homeowners, and shareholders can hel...
In his State of the State address in January 2021, Governor Andrew M. Cuomo outlined a series of initiatives to bring New York back from the coronavirus pandemic. Among them was a proposal to convert underutilized commercial space to residential use. Between a spike in work-from-home arrangements...
With the deep downturn in the city's hospitality sector, it appears the loved and loathed Hotel Pennsylvania's days are numbered. Hulking over Seventh Avenue, across from Penn Station/Madison Square Garden, the hotel's long-time owner, Vornado Realty Trust, has been mulling redeveloping the prope...
Throughout Brooklyn, boutique condos are springing up as a way of adding new housing to various neighborhoods in a way that is presumably friendlier to the local streetscape than the skyscrapers most typically associated with Manhattan. That cannot be said, though, of its latest entrant, 819 Lexi...
A common phrase thrown around real estate listings is "priced to sell." While open to interpretation and often used as a broker tactic to lure buyers, the term does suggest there is a motivated seller who is trying to offload his or her property as soon as possible. Given, the shake-up caused by ...

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