Market Insight

The Lotus: Eco-friendly Murray Hill rental gears up for leasing launch and affordable lotto

By CityRealty Staff | From Midtown Today, December 8, 2025

A little south of Tudor City, rental building The Lotus has risen at 255 East 39th Street, on the northwest corner of Second Avenue. Market-rate leasing is expected to launch in winter 2026.

The Future of Living: Designer smart homes in prewar NYC buildings

By CityRealty Staff | From Future New York Today, December 8, 2025

Over the past decade, the Internet of Things (IoT) has transformed traditional living spaces into smart homes, where various systems—such as temperature, lighting, security, and entertainment—are seamlessly controlled through centralized interfaces like wall panels or smartphone apps. This techno...

New HDFC Listings: Newly-listed affordable co-ops throughout NYC from $165K

By CityRealty Staff | From Get To Know Today, December 8, 2025

In December 2025, a newly built boutique cooperative at 170 West 22nd Street, on the corner of Seventh Avenue, started accepting applications. The attractive nine-story building features a stone and brick facade, as well as thermal insulation and energy-efficient mechanical systems. Amenities inc...

From Market Data City Stats: Condo vs Co-op Comparison

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From Buyer's Guide Get the Insider Tips on Buying Your Dream NYC Apartment

From closing costs What Fees to Expect When You Close Your Apartment

NYC’s top-selling buildings: Downtown deals drive Q3 2025 as outer boroughs gain ground

By CityRealty Staff | From Monthly Market Reports Wednesday, October 29, 2025

In the third quarter of 2025, Manhattan recorded just over 2,500 signed residential contracts: 47% for condominiums, 48% for cooperatives, and the remainder for condops and townhouses. If all sold at their last asking price, total contract volume would reach approximately $5.2 billion. The overal...

Top NYC contracts include "Breakfast at Tiffany's" house and Aman residence with pool facing Central Park

By CityRealty Staff | From Future New York Today, December 8, 2025

The first week of December 2025 marked a return to work after the Thanksgiving holiday, and also appeared to serve as a return to business for the Manhattan residential real estate market. The number of contracts signed experienced a week over week bounceback, with the week's highest-priced contr...

NYC Open Houses: Stable inventory, lower prices, and better deals beyond Manhattan

By CityRealty Staff | From Great Listings Friday, December 5, 2025

Manhattan’s for-sale inventory sits at 5,946 active listings, essentially flat year over year (-1%), with a $2.25 million median condo ask, down 6% from last December; and an $895K median co-op ask, down 3% annually. The stability comes as the high-end market for new contracts for homes over $4 ...

18W55 brings high-end rentals with seven floors of amenities to Midtown's Plaza District

By CityRealty Staff | From Midtown Friday, December 5, 2025

Leasing is underway at 18W55, a new uber-luxury rental building located at 18 West 55th Street, just off Fifth Avenue. Availabilities start at $5,145/month for studios, $6,425/month for one-bedrooms, $12,995/month for two-bedrooms, and $15,250/month for three-bedrooms.

Top NYC condo buildings with the largest amenity suites, led by the Waldorf Astoria Residences

By CityRealty Staff | From Future New York Friday, December 5, 2025

In New York City's high-end condo market, amenities have become a form of quiet one-upmanship. Developers not only compete on architecture, apartment finishes and fittings, but on how they can anticipate a resident’s daily rituals, social life, and desire for privacy inside and outside their home...

New York City unveils new sidewalk scaffolding designs amidst "Get Sheds Down"

By CityRealty Staff | From Get To Know Friday, December 5, 2025

Before Thanksgiving 2025, Mayor Eric Adams and NYC Department of Buildings Commissioner Jimmy Oddo revealed six revamped designs for sidewalk sheds to be used at construction projects in the five boroughs. They hired architecture firms Arup and Practice for Architecture and Urbanism (PAU) to reim...

The Fine Print of New Development: Q&A with condo/offering plan expert Samantha Sheeber

By CityRealty Staff | From Future New York Thursday, December 4, 2025

Buying in a new residential condo or co-op development in NYC comes with excitement, and, of course, a lot of paperwork. In this Q&A, Samantha Sheeber, managing partner at Starr Associates LLP, explains the reason for offering plans and why these documents play such a big role in shaping expectat...

A Guide to Tipping Building Staff: Who, When, Why and How Much

By Cait Etherington | From Get To Know Thursday, December 4, 2025

Every December, building staff across the city leave seasonal cards under residents’ doors. If you’re new to life in a full-service building, don’t be fooled—this card is not simply a chance for staff to extend holiday cheer to you and your family. These cards, which usually arrive in the first w...

Price Cuts: Cara Delevingne reduces Gramercy Park penthouse; $10M blasted off storied UES mansion

By CityRealty Staff | From Future New York Thursday, December 4, 2025

From November 25 - December 1, 2025, fewer than 150 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions. This comes at a time when the total number of sales listings on CityRealty has dropped to around 7,800 public availabilities, as compared to over 9...

NYC's newly passed housing proposals + 10 newly proposed rentals with affordable housing

By CityRealty Staff | From Brooklyn Tuesday, December 2, 2025

Housing is one of the most closely watched issues in New York City, and that was made clear on Election Day 2025. Mayor-elect Zohran Mamdani's campaign emphasized affordability, and his housing platform calls for freezing rents on rent-stabilized units and building 200,000 units of affordable hou...