Market Insight
Just hours after taking office on January 1, 2026, Mayor Zohran Mamdani signed Executive Order 04 to establish the Land Inventory Fast Track (LIFT) Task Force. The interagency task force, led by Deputy Mayor for Housing and Planning Leila Bozorg, has been charged with identifying underutilized pu...
In brownstone Brooklyn, it has become commonplace to convert multifamily rental rowhouses into larger, more expensive condominiums or single-family homes. Ground-up construction of new townhouses is far rarer. An exception can be found at Chauncey + Lewis, a collection of newly built rowhouses at...
Last week, about 200 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions.
Type
Bedrooms
Avg / Median
Currency
Pricing based on the past 12 month sales
Buildings
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...
New York City apartments chock full of charm and character have made a strong comeback. While their appeal never truly disappeared, new development teams are increasingly infusing elements such as beamed ceilings, multi-pane windows, and exposed brick to make units feel warmer and more layered, m...
From February 23 - March 1, 2026, 256 residential contracts were signed in Manhattan, bringing it to a total of 796 contracts signed in February. This was the slowest February for contracts since the pandemic, likely due to the inclement weather, but the past week marks a 37% increase in the numb...
The last week of February 2026 marked the return to a full business week following the federal holiday on Monday, February 16; however, the number of Manhattan residential sales recorded only slightly increased week-over-week, possibly the result of them having taken place during the extended col...
Piggybacking on TriBeCa’s enduring appeal, its scarcity of new development, and the cachet of 56 Leonard Street across the street, 101 Franklin Street (aka 250 Church Street), the long-vacant postwar office building at the corner of Leonard Street is poised for a full transformation into 71 marke...
After years of ebooks and minimalism, hard copies of books seem to be making something of a comeback. Special edition books with limited edition covers and sprayed edges are popular gifts. While many experts consider the rainbow bookshelf trend to be over, colorful bookshelves may still be seen i...
After years of relatively mild winters, the first two months of 2026 came as a shock to New Yorkers between a prolonged cold spell lasting from late January well into February and the first blizzard in a decade. However, between high-tech sports simulators, hammams, and IMAX screening rooms, seve...
From February 17-23, 2026, about 200 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions. These included two listings in Trump-developed buildings and come at a time when prices are up from pandemic-era lows, but still below historic peaks.
As of late February 2026, the Department of City Planning is reviewing an application to convert Panorama Brooklyn, a Brooklyn Heights office/commercial project at 25-30 Columbia Heights, to a mixed-use development with a sizeable residential component overlooking the East River and the Manhattan...
New York City’s fire escapes are a quintessential part of our urban fabric. Seen in countless films, photographs, and cultural iconography, the iron appendages are both utilitarian and sometimes unexpectedly beautiful, especially when their lacy ironwork catches the right light or is trimmed in f...
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Get To Know
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Great Listings
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