Skip to Content
CityRealty Logo

Market Insight

At a time when amenity-rich supertalls are gaining ink and attention from luxury buyers, listings in lower-rise buildings without all the bells and whistles, or indeed any, run the risk of being overlooked. There are many reasons why that would be a mistake. Such listings are sometimes located in...
Manhattan Sales: For the week ending February 23, 2024, $236,073,937 worth of transactions across 144 condo, condop, and cooperative deals were recorded 64 condo sales came to an aggregate price of $142,719,832 Five condop sales came to an aggregate price of $17,678,578 75 co-op sales came ...
Fresh off last week's 2024 high of 26 luxury contracts ($4 million and up) signed throughout Manhattan, the week of February 19-25, 2024 topped it with 29 luxury contracts being signed. Olshan Realty's luxury market report ("Olshan") notes that the last time the market recorded this volume of con...
 
On occasion, diagonal streets such as Broadway slice across New York’s rectilinear street grid creating opportunities for wedge-shaped buildings that seem to sail onto the streetscape with the grace and grandeur of an ocean liner. The Flatiron Building on Madison Square Park is easily the most ic...
When a building has been in the works for a long time, the architect, amenity package, and neighborhood can build up the hype. But when the interiors don't quite live up to expectations, is it time to look elsewhere? Not always -- a spokesperson for One High Line says that when prospective buyers...
Slowly but surely, New York is improving its public realm for pedestrians and cyclists, whilst becoming more of a headache for drivers. With a growing network of bike lanes, the convenience of Citi Bike, and an extensive (albeit filthy) subway system, the city ranks among the best places in the c...
While most dog owners would say that the holiday is every day, February 22 has been declared National Walking the Dog Day. Dog owners are advised to celebrate by taking their furry friend on a long walk in a new setting, and there is ample opportunity for that in New York. Dog runs to accommodate...
As winter unfolds with one month to go, the allure of unwinding by a fireplace remains irresistible. While outsiders may assume New Yorkers only find such solace in communal spaces, many apartment buildings and townhouses, especially those predating World War II, feature cozy hearths within indiv...
The bus terminal on Eighth Avenue and West 40th-42nd Streets has been described as “a commuter’s nightmare” (Port Authority Chairman Kevin O’Toole), “the worst infrastructure eyesore in the nation” (Port Authority Executive Director Rick Cotton), and “the single worst place on planet Earth” (come...
In a Manhattan market where new developments are constantly upping the luxury ante in terms of height, apartment square footage, state-of-the-art appliances and finishes, and over-the-top amenities, even the most well-appointed apartments can falter. For example, the top sale of the past week was...
Manhattan Sales: For the week ending February 16, 2024, $312,150,123 worth of transactions across 197 condo, condop, and cooperative deals were recorded 68 condo sales came to an aggregate price of $146,966,873 Nine condop sales came to an aggregate price of $13,665,151 120 co-op sales cam...
Just over halfway through the chilly month of February 2024, the Manhattan luxury market (defined here as $4 million and up) is looking red-hot. The week of February 12-18, 2024 saw 26 luxury contracts signed, the highest number from 2024 overall and the biggest week since early October 2023, whe...

More In Market Insight