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Market Insight

On Earth Day, the New York State Senate unanimously passed the Solar Up Now NY (SUNNY) Act, which legalizes small, portable, plug-in solar generation devices. New York City members of a pilot program were able to install lightweight solar panels on their balconies or other flat surfaces and plug ...
With more than 15 years of experience, Compass broker Tali Berzak is a trusted expert in New York City’s townhouse market, known for her thoughtful, hands-on approach. She pairs deep market knowledge with a practical understanding of how people actually live, especially when it comes to the nuanc...
When many people picture New York City, it's not uncommon to imagine the Midtown skyline with the Empire State Building and the Chrysler Building or mainstays like high-rise office buildings, Times Square, Rockefeller Center, Broadway theaters, and Fifth Avenue department stores. But beyond these...
 
In the first quarter of 2026, Manhattan’s apartment contracts totaled $6,906,075,016 in ask volume across over 2,500 deals, with the average asking price coming in at $2.681M and an average of $1,709 per square foot. The buildings that accounted for the most activity tend to follow a familiar pa...
One can never have enough space in New York City. Still, making the most of all available spaces is easier said than done. Although many houses, multi-unit residential buildings, and high-rises in New York City include basements or cellars (and, as this article explains, in NYC, these aren’t the ...
Under New York State's All Electric Buildings Act, which passed in 2023, new construction buildings seven stories or shorter are required to be built to use electric heat and appliances. The law also applies to commercial buildings with 100,000 square feet or more, and will be expanded to include...
It is often assumed that living sustainably requires leaving the city altogether, building a home from reclaimed materials, and relying on solar panels and wind turbines in a remote setting. Increasingly, however, New York City is demonstrating that urban life can be compatible with environmental...
From April 15-21, 2026, nearly 300 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions.
The week ending April 18, 2026 saw 197 residential apartment sales recorded in Manhattan. This marks a small week-over-week decrease, but the top of the market remained extremely active with the five highest-priced sales all closing above $10 million.
Invented by the Mesopotamians and perfected by the ancient Romans, the arch is one of mankind's most remarkable engineering and architectural feats. While its usage is best known for supporting monumental structures such as bridges and cathedrals, smaller arched elements are abundant throughout a...
From April 13-19, 2026, 247 residential contracts were signed in Manhattan. This marked a small week over week decline, but several trophy properties were instrumental in driving the aggregate dollar amount up slightly in this time frame. April is typically the strongest sales month of the year, ...
Over the past several years, apartments in Downtown neighborhoods have regularly ranked among Manhattan's highest-priced sales and New York City's most expensive contracts. This part of Manhattan is known for its rich history, not to mention artistic connections in many cases. In the present day,...

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