Market Insight

NuSun Vernon: Record-breaking waterfront condo offering 2 years free common charges + 10 new devs offering buyer incentives

By CityRealty Staff | From Future New York Today, February 20, 2026

The story of early-21st-century New York City development is, in many ways, the story of how the city reclaimed its shoreline. For decades, prime residences and businesses turned their backs on the water, leaving the East and Hudson Rivers to industry and the utilitarian uses that often supported...

New cast-iron condo proposed for 41-43 Mercer Street in SoHo + 21 voluminous lofts in NYC cast-iron buildings

By CityRealty Staff | From Future New York Today, February 20, 2026

On Tuesday, February 24, Landmarks will review an application for a new project at 41-43 Mercer Street in the Soho-Cast Iron Historic District. According to a presentation prepared by Alexandr Neratoff Architect, the team seeks to demolish the one-story building at 41 Mercer Street, replace it wi...

How to sublet your NYC apartment + Available rentals in condo and co-ops buildings

By Cait Etherington | From Brooklyn Thursday, February 19, 2026

A condominium unit within a residential building is individually owned, with management typically overseen by condo boards or homeowners associations (HOAs). These organizations enforce rules designed to maintain property values and enhance community well-being, making condos an appealing option ...

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

Building Type

Condo
Co-op

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 of 2025 as Downtown deals reach new highs

By CityRealty Staff | From Annual Market Reports Friday, January 2, 2026

In 2025, core New York City areas recorded just over 11,000 signed residential contracts: 44 percent condominiums, 54 percent co-ops and condops, and the remainder townhouses. If all properties sold at their last asking prices, total contract volume would exceed $25.5 billion. The overall average...

Price Cuts: Charlie Parker Residence cut by $1.25M; Beekman Place maisonette reduced by 40%

By CityRealty Staff | From Future New York Wednesday, February 18, 2026

From February 10-16, 2026, fewer than 150 condos, co-ops, condops, and townhouses in core New York City neighborhoods experienced price reductions. This represents a noticeable week-over-week drop in price cuts and comes at a time when inventory is low (CityRealty sales listings show fewer than 7...

Manhattan Sales: Julia Haart's penthouse from "My Unorthodox Life" breaks TriBeCa record again; Peter Marino-renovated co-op sees 124% appreciation

By CityRealty Staff | From Iconic Addresses Wednesday, February 18, 2026

On the second week of February 2026, the number of Manhattan residential sales recorded by the city dipped slightly week over week, likely the result of recording sales that took place over a holiday week and when the city was gearing up for one of the biggest snowstorms in years. However, one wo...

Fresh look at 609 Fifth Avenue: Office-to-condo conversion above PUMA flagship

By CityRealty Staff | From Future New York Wednesday, February 18, 2026

Back in 2023, RJ Capital Holdings and Top Rock Holdings filed plans to convert a 14-story office building at 609 Fifth Avenue into a 29-story mixed-use condo tower comprising 66 high-end residential units. The development at the southeast corner of East 49th Street is located directly across the ...

Manhattan sees best week in nearly a year with $700M+ in contracts; One Domino Square penthouse to break Williamsburg record

By CityRealty Staff | From Future New York Wednesday, February 18, 2026

From February 9-15, 2026, a time when New York City was starting to thaw out after days of freezing temperatures, 222 residential contracts were signed in Manhattan, representing a week-over-week leap in the number of contracts signed. While the rise in contracts included several entry- and mid-l...

NYC's most romantic apartment buildings and homes within them

By CityRealty Staff | From Financial District/BPC Saturday, February 14, 2026

Many new buildings talk a big game about the jaw-dropping views and luxurious amenities to be enjoyed on their roof decks, but the roofs themselves tend to be aesthetically uninspired and a mish-mash of mechanical units and a cacophony of thoughtless enclosures. There is something to be said for ...

Uncorking the best wine perks in 10 NYC luxury condos

By Michelle Sinclair Colman | From Future New York Friday, February 13, 2026

At the end of 2025, a study by the Wine Market Council found that Millennials have overtaken boomers as the largest group of wine consumers, and that interest in wine is climbing among members of Gen Z. Participants also noted that wine makes occasions feel more special, and that both of the youn...

How to prepare for underwriting as a first-time buyer + Open houses to visit this weekend

By Cait Etherington | From Get To Know Friday, February 13, 2026

Beware if you need a mortgage. Underwriting is notoriously challenging. Since the pandemic, many lenders have raised their qualification requirements. This means that more than ever before, applicant’s finances, job security, and down payment funds will be under scrutiny. Here are a few things po...

When Condo Residents Litigate: Assessing the Risks and Impact on Property Values

By Cait Etherington | From Get To Know Thursday, February 12, 2026

Shoddy construction, chronically broken elevators, stratospheric monthly fees, delinquent tenants, and toilet flushes loud enough to keep one up at night are just some of the reasons why New Yorkers have filed lawsuits related to problems originating in their own buildings. But is litigation wort...

How to make an all-glass apartment feel like home + Top 25 glass buildings in NYC

By CityRealty Staff | From Future New York Thursday, February 12, 2026

At 860 feet high, 262 Fifth Avenue has dethroned the nearby Madison House as the tallest building in NoMad and is just behind 520 Fifth Avenue as the tallest residential building on Fifth Avenue. Moreover, with a 19:1 slenderness ratio, it is not far behind 111 West 57th Street (23:1 slenderness ...