Market Insight
From June 1-7, 2026, 261 residential contracts were signed in Manhattan. This was a week-over-week spike, possibly due to the return to a full business week after Memorial Day. It was a busy time for high-end contracts with 44 listings asking over $3.9 million, and five of the week's ten highest-...
As of mid-June 2026, a lottery is underway for the affordable apartment waitlist at Three Waterline Square, one of three towers in the Waterline Square complex on the Far West Side, and the only one entirely dedicated to rentals. Households earning 40% ($30,515 - $73,280/year) and 60% of the Area...
Prior to the pandemic, New York City was on a record-setting tourism streak. In 2019, the city welcomed more than 66.6 million visitors, marking its tenth consecutive annual high, according to the city’s official tourism bureau, NYC & Company. That momentum was abruptly interrupted by the pandemi...
Type
Bedrooms
Avg / Median
Currency
Pricing based on the past 12 month sales
Buildings
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...
On the week ending June 6, 2026, 217 residential apartment sales were recorded in Manhattan. As this week marked the return to a full business week after the Memorial Day holiday, it likely accounted for the week-over-week jump in the number of sales recorded. This took place at a time when stati...
Mayor Zohran Kwame Mamdani ran on a platform that included building affordable housing and taking bad landlords to task. To that end, his office has recently released "Block by Block," his long-awaited housing plan that calls for the construction of 200,000 new affordable homes and the preservati...
Limestone is one of the most ancient building materials in the world, and part of several of New York City's most iconic buildings. Limestone structures like the Empire State Building, Rockefeller Center, the New York Public Library, Grand Central Terminal, the Metropolitan Museum of Art, and the...
Co-op apartments in New York City remain a highly sought-after option, even amidst a growing number of amenity-rich, board-free condo developments. While the average selling price of a Manhattan condo is nearly double that of a co-op, flattening mortgage rates have helped fuel a rise in both co-o...
The term porte-cochere comes from the French phrase meaning “carriage porch.” Throughout New York City, many buildings with these covered entrances date to the prewar era, when horse-drawn carriages were the primary mode of transportation. While automobiles long ago replaced horses, the porte-coc...
Sales have recently launched at 256 East 4th Street, a five-story boutique condominium with a modern yet contextually sensitive red brick facade in the heart of the East Village. Two of the six units, including a floor-through three-bed with direct elevator access and a private terrace, have ente...
From May 26 - June 1, 2026, nearly 400 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions.
Multi-level apartments offer something many single-floor homes can't: a greater sense of separation between living spaces. Bedrooms can feel more private, entertaining areas have room to breathe, and dramatic features like double-height ceilings, floating staircases, and lofted spaces often make ...
From May 25-31, 2026, 210 residential contracts were signed in Manhattan. This time frame included the Memorial Day holiday, which could account for a twenty percent week-over-week decrease. Nevertheless, it brought the total number of May 2026 residential contracts signed to 1,031, a slight year...
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