Market Insight
On December 9, a four-alarm fire gutted 201 West 107th Street, a prewar residential building located in close proximity to Columbia University. The fire broke out on the top floor, causing part of the roof to collapse; a parapet wall on the left side of the building also caved in. The apartments ...
Sunken living rooms are a distinctive feature in many New York City apartments, with origins dating back to 1927 when Kansas-born architect Bruce Goff introduced the idea in an Art Deco-style house with a “conversation pit.” This design element, which had never been seen before, quickly gained po...
In December 2025, Life Time Fitness signed a lease for a new location at 175 Third Street in Gowanus. It will measure over 85,000 square feet and be topped with a year-round rooftop beach club with pools for hot and cold use, saunas, and a bar. Interiors will include a "wet suite" with saunas and...
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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...
Life's a beach, or so they say. Going on vacation is dreamy but re-entry into “real life” can be bumpy. Branded residential projects are popping up across the world and can fuse these two worlds so everyday life feels like a vacation.
Update: December 10, 2025
We’ve updated this feature following the passing of Robert A.M. Stern at age 86. Stern, who founded RAMSA in 1969 and helped redefine New York City’s residential architecture, left a lasting legacy through his buildings, his teaching, and his lifelong dedication to thoug...
From December 2-9, 2025, about 200 condos, co-ops, condops, and townhouses throughout New York City experienced price reductions. While these are more price cuts than last week, they come at a time when sales listings are down in New York City, to fewer than 7,600 now as compared to over 9,000 in...
About 100 years ago, buildings full of one-room "efficiency apartments" went up to accommodate an influx of single people moving to New York City. This was around the same time wealthy artists' families were building separate studios for them to live and create in, albeit often with multiple room...
In a city defined by its strict grid and anxious vertical rise, Frank O. Gehry’s contributions to New York remain unmistakably his, yet distinctly shaped by the city’s character. Of his two buildings, one channels his signature crushed-steel dynamism into a soaring high-rise, while the other glow...
On the week ending December 5, 2025, the city recorded residential sales that took place around the Thanksgiving holiday. This is the likeliest explanation for the week-over-week dip in both the number of Manhattan sales recorded and the aggregate dollar amount.
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.
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...
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...
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