Market Insight
From Get To Know
Maintenance Fees 101 + NYC apartments with extremely low monthlies
By Cait Etherington
Today, May 11, 2021
It may sound hard to believe now, but there was a time when New York City condo and co-op prices were relatively in sync. The amenity craze had yet to take hold in new condominiums, which didn't differentiate them much from cooperatives. Moreover, in a slightly more dangerous city, a full-time do...
From Affordable Housing
Affordable Housing Rundown: A comprehensive look at lotteries + additional programs to assist renters
By CityRealty Staff
Today, May 11, 2021
Updated 5/11/2011 to include new lotteries in Hamilton Heights, Williamsburg, Bushwick, Flatbush, Astoria, 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, Housing Ne...
From Get To Know
RLTY Capital debuts Serhant-backed platform to get brokers their commissions before closing
By CityRealty Staff
Today, May 11, 2021
Last year's COVID-19 lockdown halted apartment showings and in-person meetings, and impeded the homebuying process for weeks on end. Some real estate agents dependent on commissions found themselves in a cash flow crunch, not knowing when pending deals would close and unable to show new clients l...
Type
Bedrooms
Avg / Median
Currency
Pricing based on the past 12 month sales
Buildings
From Monthly Market Reports
CityRealty's Q4 2020 Manhattan Market Report
By CityRealty Staff
Friday, January 22, 2021
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 (...
From Future New York
NYC Libraries Reopen: City finds creative ways to revamp facilities and build housing
By Michelle Sinclair Colman
Monday, May 10, 2021
Libraries are not what they used to be. Rather than the solitude and quiet isolation stereotypically associated with them, the Brooklyn, Queens, and New York Public Library all report that they have become a place for communities and connection. This was especially evident during the coronavirus ...
From Great Listings
Top Sales & Contracts: 220 CPS resale closes for $33M; Townhouses lead top contracts
By CityRealty Staff
Monday, May 10, 2021
In the first full week of May 2021, there were a total of 313 Manhattan sales with an aggregate price of $567,168,714 and median price of $1.09 million. The 150 condo closings came to a median price of $1.47M, or $1,437 per square foot. The 159 co-op closings came to a median price of $777K.
The...
From Great Listings
Price Cuts: This Week's Gorgeous Price-Improved Rentals
By CityRealty Staff
Saturday, May 8, 2021
As of this writing, there are 12,692 publicly-listed rentals throughout core sections of New York, showing a moderate drop from last week's 12,954. Meanwhile, the Manhattan media rent climbed to $3,148/month in an uptick from last week's $3,106. (all figures per CityRealty listings).
The numbe...
From Great Listings
Listings to Savor: Delectable Apartments near NYC's 2021 Michelin-Star Restaurants
By CityRealty Staff
Friday, May 7, 2021
It may sound funny to have a tire company be the defining source for restaurant recommendations, but hear us out: Starting in 1900, the Michelin guide started as a free resource for motorists, offering advice on cars and places to stay on long drives. But as time passed, it started to recommend r...
From Great Listings
Choose Your Favorite: Six Dreamy Townhouses Availabile in Brooklyn and Manhattan
By CityRealty Staff
Friday, May 7, 2021
The skyscrapers of New York City have created the world’s most iconic skyline, but the low-rise townhouses lining certain streets are not to be overlooked. A certain class of buyer has always appreciated the idea of having an entire building to themselves, and that often includes private outdoor ...
From Future New York
Newly-Listed Sponsor Condos Under $2M; Manhattan prices slightly increase as inventory falls
By CityRealty Staff
Friday, May 7, 2021
The number of Manhattan condos publicly listed for sale (resale and sponsor units) has steadily declined over the last six months, falling 20% from 4,671 units in early November 2020 to 3,760 condo listings today. Condo listing prices have increased over the same period, rising from a median of $...
From Future New York
Making an Entrance: Top NYC Buildings with Porte-Cocheres and Dramatic Driveways
By CityRealty Staff
Friday, May 7, 2021
The phrase "porte-cochere" comes from the French phrase "carriage porch," and throughout New York, several of the buildings that have these covered entrances or driveways date back to a prewar era when carriages were the main means of conveyance. Cars have long since displaced horses as the domin...
From Future New York
12 Newly-Launched Condo Developments Now Selling
By CityRealty Staff
Thursday, May 6, 2021
Between increasing vaccine availabilities and a full reopening in the works, life in New York City is looking more appealing and exciting every day, and the real estate market is rising to the occasion. The past year has left some eager for more space and privacy in exchange for fewer bells and w...
From Great Listings
Price Cuts: Massive penthouse with rooftop basketball court reduced by $2M
By CityRealty Staff
Wednesday, May 5, 2021
According to CityRealty listings, there are 907 public listings in Manhattan new development condos (defined here as buildings finished after 2016), coming to a median price of $3.317 million and $2,233 per square foot. This represents a 2% price drop from November 2020, when there were 937 new d...
More In Market Insight
-
6sqft (our blog)
- From Features 15 places New Yorkers can donate to help India during the Covid crisis
- From Design A self-filtering floating pool is officially coming to the East River
- From Midtown West Macy’s unveils $235M plan for public space and subway accessibility with new Herald Square tower
- From Policy New design for Marsha P. Johnson State Park adds more greenery, scraps rainbow-striped mural
- From Major Developments Jersey City’s Harborside complex reveals waterfront outdoor space and perks like Smorgasburg
-
Get To Know
- From Get To Know Maintenance Fees 101 + NYC apartments with extremely low monthlies Today, May 11, 2021
- From Get To Know RLTY Capital debuts Serhant-backed platform to get brokers their commissions before closing Today, May 11, 2021
- From Get To Know NYC Libraries Reopen: City finds creative ways to revamp facilities and build housing Monday, May 10, 2021
- From Get To Know How to get pre-approved for a mortgage to buy a NYC apartment Wednesday, May 5, 2021
- From Get To Know What is an Estate Sale? See 12 NYC opportunities priced to sell Monday, May 3, 2021
-
Rental Building News and Offers
- From New Jersey The Beach launches leasing on waterfront Jersey City apartments Tuesday, May 4, 2021
- From Downtown 20 years in the making, 11 Greene Street launches leasing on rare Soho rentals from $10,000/month Thursday, April 29, 2021
- From Midtown Top 10 New York City rentals for working remotely Thursday, April 29, 2021
- From Brooklyn Inside Sea Breeze Tower, Coney Island beachfront rental now leasing from $1,673/month Wednesday, April 28, 2021
- From Financial District/BPC Best NYC buildings for Oscar viewing parties Saturday, April 24, 2021
-
Market Reports & Research
- From Monthly Market Reports CityRealty's Q4 2020 Manhattan Market Report Friday, January 22, 2021
- 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
-
Great Listings
- From Great Listings Maintenance Fees 101 + NYC apartments with extremely low monthlies Today, May 11, 2021
- From Great Listings Top Sales & Contracts: 220 CPS resale closes for $33M; Townhouses lead top contracts Monday, May 10, 2021
- From Great Listings Price Cuts: This Week's Gorgeous Price-Improved Rentals Saturday, May 8, 2021
- From Great Listings Listings to Savor: Delectable Apartments near NYC's 2021 Michelin-Star Restaurants Friday, May 7, 2021
- From Great Listings Choose Your Favorite: Six Dreamy Townhouses Availabile in Brooklyn and Manhattan Friday, May 7, 2021
-
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
