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Market Insight

Earlier today, the Landmarks Preservation Commission reviewed an application to alter 675 Hudson Street, a former factory in the Gansevoort Market Historic District, in preparation for a New York outpost of posh London members club Annabel's. A presentation by BKSK Architects details that this wi...
In a small week-over-week increase, 196 residential apartment sales were recorded in Manhattan on the week ending May 9, 2026. New development condos accounted for the majority of the highest-priced sales of the week.

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Pricing based on the past 12 month sales
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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...
From May 4-10, 2026, 255 residential contracts were signed in Manhattan. This represents a small week over week increase as well as a nine percent year-over-year increase from the same week. The aggregate dollar amount rose slightly week-over-week, but was down by a small amount year-over-year.
Outside New York City, if you're buying a home, you'll almost certainly undergo a home inspection prior to closing the deal. In New York City, unless you're buying a townhouse or any other type of single-family home, duplex, or triplex, home inspections are often skipped. Still, this doesn't mean...
For more than a century, the Flatiron Building has stood at the meeting point of Broadway, Fifth Avenue, and 23rd Street, turning one of Manhattan’s most awkward parcels into one of its most recognizable silhouettes. Completed in 1902 as “The Fuller Building” for its developer-builder and designe...
About 100 years after Joseph Pilates opened his first studio in New York City, the low-impact, core-centered workout he invented (and originally dubbed "contrology") is having a moment. Pilates classes have been the most booked globally for three consecutive years on ClassPass, with reservations ...
Jersey City has evolved into one of the most dynamic real estate markets in the country. In 2025, the city’s median sale price hovered around $759,000, while downtown JC condos pushed into the $880,000 to $945,000 range, with price-per-square-foot figures climbing into the mid-$800s. These prices...
From April 28 - May 4, 2026, over 250 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions.
Earlier this spring, New York City officials unveiled plans to turn 11 blocks of Park Avenue from East 46th to 57th Streets into a more pedestrian-friendly stretch with expanded sidewalks, new trees and benches, the removal of a lane of car traffic, and, in one possible design, new north-south bi...
As the weather warms up, buds have turned to leaves, and New Yorkers are eager to spend more time outside, both walking everywhere and visiting Central Park, the city's most famous park and the most visited in the United States. Many people dream of having Central Park for their backyard, but thi...
As April 2026 gave way to May, 180 residential apartment sales were recorded in Manhattan for the week ending May 2, 2026. This is a small week-over-week dip; however, the sales recorded this time likely took place at a time period that included the Easter and Passover holidays, not to mention sp...

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