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Market Insight

Renting in Murray Hil doesn’t sound very exciting on paper. The area has held on to a now dated reputation of being a post-dorm community with a lot of office buildings nearby, but not a ton of shopping or culture. But day to day, the neighborhood is one of the most central, convenient, and easie...
Most New Yorkers are familiar with co-ops and condos, but occasionally, listings come up in hybrid buildings known as condops. They account for a small figure of the housing stock (about 215 condops out of 7,527 public sale listings), but it is still important to understand these hybrid buildings...
Owing to its family-friendly atmosphere and close proximity to Central Park, Museum Mile, high-end retail, top schools, and world-renowned hospitals, the Upper East Side is a popular destination for buyers and renters alike. The boundaries and protections of the Upper East Side Historic District ...

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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...
From March 16-22, 2026, 214 residential contracts were signed in Manhattan with 37 for units asking over $3.9 million. Both the number of contracts signed and aggregate dollar amount are up slightly week over week; however, this represents a 29% decrease from the same week last year.
Earlier this week, the New York State Association of Realtors reported that New York State had only 22,366 homes for sale in February, down 3.9% year-over-year and the lowest number since they began tracking the data in 1997. Such scarcity cannot help but drive prices up throughout the state, and...
Queens-based Nexus Development, led by CEO Xiaogang Wang, has shifted its focus from recently completed Midtown condo projects at 300 West 30th Street and 355 West 39th Street to a midblock site at 31-35 West 14th Street, where Chelsea meets Greenwich Village. Nexus acquired the site in October 2...
It's officially spring in the Northern Hemisphere. Following the vernal equinox on Friday, March 20, the days will get gradually longer and signs of the season will emerge between the return of robins and other birds, buds on trees, and wildflowers. Even the concrete jungle is not immune, with su...
The New York City Department of Transportation (DOT) has just announced that it will immediately begin work on a transformational redesign of Ninth Avenue from West 34th to 50th Streets to relieve overcrowding and create a more pedestrian-friendly experience. The plan involves widening the sidewa...
Sales have just launched at The Candy Factory, a boutique condominium at 124 Washington Avenue in Clinton Hill named in honor of the purpose for which it was originally built. The first public availabilities start at $1.073 million for one-bedrooms and $1.958 million for three-bedrooms.
During the second week of March 2026, the number of Manhattan apartment sales recorded ticked up slightly week-over-week. The number of luxury sales priced over $3.9 million also rose slightly during this time, with the five most expensive sales of the week showing an almost even divide between p...
From March 10-16, 2026, over 200 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions.
The Mount Morris Park Historic District, stretching roughly from West 119th to West 124th Streets between Lenox Avenue and Mount Morris Park West, is one of New York City's most intact and beautiful historic enclaves. With Marcus Garvey Park as its anchor, the 13-block area offers a rare concentr...

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