Why NYC real estate remains a safe haven for investors even in volatile times + Great listings with open houses

By Cait Etherington | From Get To Know Today, May 16, 2026

320 Riverside Drive, #PH16B (Elliman) | https://www.cityrealty.com/nyc/riverside-dr-west-end-ave/320-riverside-drive/8526/PH16B/aDJxztilBa

Governor Kathy Hochul has just released new details about her pied-a-terre tax proposal, announcing that it will apply to an estimated 10,000 second homes and raise $500 million in annual revenue. The real estate industry and some of New York's wealthiest have come out in opposition to the plan, but it remains to be seen how it will affect the luxury real estate market.

If past events are anything to go on, the scepter of a pied-a-terre tax may not deter some from buying New York City real estate as a safe investment in volatile times. As a global center of commerce and culture, New York City’s real estate market is deeply integrated with the world at large and is not immune to geopolitical shocks, even those originating thousands of miles away. Fortunately, the city’s real estate market, which has been stress-tested by multiple shocks at home and abroad in recent years, is also among the world’s most resilient. This article explains why the city’s real estate market remains in high demand, even as markets around the world face growing uncertainty.

Resilience in the face of catastrophe

To appreciate the resilience of the local real estate market, one need only consider how it has performed during the three most significant market shocks since 2000.

September 11

Surprisingly, apart from a momentary decline in sales volumes and prices in Lower Manhattan, following 9/11, the city’s real estate market not only held its value but emerged from the crisis stronger than ever. While Q4 2001 sales volumes more or less held steady, by early 2002, sales were rebounding. In fact, the first quarter of 2002—normally a slow quarter for sales in New York City—saw sales volumes spike by 32%.

Most surprising, however, is what happened to the Downtown market over the following decade. Rather than go into decline, the attacks ultimately planted the seeds for Lower Manhattan’s transformation into one of the city’s most sought-after residential property destinations.

The 2008 financial crisis

The 2008 financial crisis, also known as the “mortgage crisis,” dealt a more direct blow to the local real estate market. In sharp contrast to the housing market’s performance following the 9/11 attacks, the initial impact of the mortgage crisis was severe and lingered much longer. In Q4 2008, sales contracts fell by 48%, and in Q1 2009, they dropped another 33%. Property values also declined by 10% in Q4 2008 and 17% in Q1 2009.

While the recovery took time, with the market stabilizing only in 2010, what followed would ultimately transform the city’s real estate market. From 2010 to 2017, both sales volumes and prices climbed steadily. By 2017, property values were roughly 30% higher than before the financial crisis.

The Covid-19 pandemic

The most recent event to disrupt the New York City real estate market was the COVID-19 pandemic in 2020. In this case, it wasn’t just the market that collapsed—the city itself temporarily shut down, halting in-person property showings for the first three months of the pandemic. As a result, sales volumes fell dramatically. Corcoran data indicates that in Q2 2020, Manhattan sales dropped year-over-year to 1,605 closings, representing the lowest number of closings since the early 1990s.

By Q4 2020, however, a combination of low interest rates, flexible financing policies, and shifting housing needs had reactivated the market. Over the next two years, Manhattan’s real estate market, along with other markets citywide, not only rebounded from the pandemic but also recorded some of its highest sales volumes ever. At the same time, prices—which bottomed out in July 2020—recovered and reached new highs, impacting both sales and rental prices.

Assessing the current market

In the first quarter of 2026, Manhattan experienced a modest uptick in year-over-year closings, along with a slight increase in prices. While signed contracts were down overall, properties also spent fewer days on the market. Notably, the vast majority of activity—consistent with trends over the past three years—occurred in the luxury condo market. The average asking price in Q1 2026 was $2.681 million, with condos significantly outperforming co-ops. This likely reflects the fact that, with interest rates remaining elevated, cash transactions, driven by both domestic and foreign investors, continue to dominate the market, particularly in Manhattan.

When the pied-a-terre tax is enacted, it will be carried out in two phases. For the first two years a tax between 4% and 6.5% would apply to second homes with a so-called market value of $1 million or more as determined by the NYC Department of Finance (which would translate to a $5 million sales value). After two years, second homes will be taxed at a considerably lower rate and not assessed by market value; the city still needs to devise a new system to value second homes in this phase.

Pied-a-terre tax notwithstanding, this may be an especially strategic moment for investors to consider New York City’s resilient real estate market, and even buyers who require financing stand to benefit from entering the market now. As past shocks have demonstrated, the city’s co-ops and condos have not only historically retained their value during periods of local and global market volatility but, in the twenty-first century, have often appreciated rapidly in the aftermath of these crises.

From 9/11 to the financial crisis to the pandemic, one thing is clear—even market shocks originating close to home tend to have only a temporary impact on local real estate sales volumes and values. As global markets face increased uncertainty due to geopolitical conflicts and rising energy prices, New York City real estate again emerges as an attractive destination for investors.

Great listings with open houses

205 East 63rd Street, #7C
$400,000

Lenox Hill | Cooperative | 1 Bedroom, 1 Bath

Open House: Sunday, May 17, 2026

205 East 63rd Street, #7C (Serhant)

From the Listing: Welcome to Residence 7C, offering exceptional scale, flexibility, and modern upgrades in a full-service Upper East Side cooperative. Bathed in beautiful southern light, this oversized home features a gracious entry foyer leading into an expansive living and entertaining area with a large dining alcove, dedicated workstation space, and breakfast bar ideal for both everyday living and hosting guests. See floor plan and full details here.

160 East 91st Street, #8A
$500,000

Carnegie Hill | Cooperative | 1 Bedroom, 1 Bath

Open House: Sunday, May 17, 2026

160 East 91st Street, #8A (Douglas Elliman Real Estate -)

From the Listing: What a gem of a one-bedroom home, perched on the top floor of a well-maintained, pre-war elevator co-op. This rear-facing, sunny Carnegie Hill residence offers open north and south views over a lovely tree-lined street. As soon as you enter, you'll feel the serenity and appreciate the natural flow of the layout. From the natural oak hardwood floors to the nine-foot ceilings to the large windows set into the building's elegant barrel facade, this inviting home has it all. The apartment is outfitted with advanced smart-home technology, giving you the freedom to control nearly everything by voice command or remotely via app. See floor plan and full details here.

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The John Murray House, #PHC
$599,000

Murray Hill | Cooperative | Studio, 1 Bath

Open House: Sunday, May 17, 2026

The John Murray House, #PHC (Corcoran Group)

From the Listing: Deal Fell Through Live in the heart of Manhattan with your very own 350-square-foot private terrace framing a breathtaking, up-close view of the Empire State Building - a truly rare offering at this price point! This move-in ready studio stands apart from anything else in Midtown South or Murray Hill. Step inside and be greeted by nearly 10-foot ceilings and bright western exposures that fill the space with natural light. The open floor plan allows for an effortless flow - with room for distinct generous living and sleeping areas. Wake up each morning to your cityscape views through the sliding glass doors leading to your private outdoor oasis. See floor plan and full details here.

The Gramercy House, #1EF
$630,000

Gramercy Park | Cooperative | 2 Bedrooms, 1.5 Baths | 800 ft²

Open House: Sunday, May 17, 2026

The Gramercy House, #1EF (Brown Harris Stevens Residential Sales LLC)

From the Listing: BRING your contractor to this one-of-a-kind, oversized maisonette and CREATE your own dream home or live/work apartment. Located on a tree lined block, on the first floor of the beautiful Art Deco, full-service and pet friendly Gramercy House. Last configured as a professional space, the unit is now emptied of all fixtures for easy renovation. This outstanding blank canvas can easily become a one or two bedroom apartment with the homey feel of a house in NYC. See floor plan and full details here.

The Gramercy House, #7P
$639,000

Gramercy Park | Cooperative | 1 Bedroom, 1 Bath

Open House: Sunday, May 17, 2026

The Gramercy House, #7P (Compass)

From the Listing: Residence 7P at Gramercy House is a classic pre-war one-bedroom in one of Gramercy Park’s most iconic Art Deco cooperatives. Located on the 7th floor of this landmark 1931 building by George and Edward Blum, the home features original hardwood floors with inlaid borders, beamed ceilings, a wood-burning fireplace, and a windowed kitchen and bath. See floor plan and full details here.

The Beekman Hill House, #2D
$650,000

Beekman/Sutton Place | Cooperative | 1 Bedroom, 1 Bath

Open House: Sunday, May 17, 2026

The Beekman Hill House, #2D (Brown Harris Stevens Residential Sales LLC)

From the Listing: Move in to this stylish, sophisticated New York apartment! Very quiet: the living room and bedroom overlook a small courtyard leading to the full private courtyard for residents to relax and enjoy. The living room is spacious, ideal for entertaining, with a pass-through from the kitchen with its stainless steel appliances. The bedroom is also spacious with three windows and room for a desk and a reading chair. There are three closets plus a large pantry/closet. The kitchen and bath are windowed. See floor plan and full details here.

Goodhue House, #3N
$675,000

Murray Hill | Cooperative | 1 Bedroom, 1 Bath

Open House: Sunday, May 17, 2026

Goodhue House, #3N (Brown Harris Stevens Brooklyn LLC)

From the Listing: If you are searching for the perfect one-bedroom home, Apartment 3N at the Art Deco Goodhue House in Murray Hill may be exactly what you have been waiting for. This large, bright and quiet prewar residence combines classic architectural charm with thoughtful modern updates. Prewar apartments are beloved for good reason. High beamed ceilings, beautiful parquet hardwood floors, generous room proportions, abundant closet space and oversized windows create a sense of warmth, elegance and practicality that is difficult to replicate. Perched above Madison Avenue, this corner apartment enjoys both southern and western exposures, filling the home with natural light throughout the day while remaining remarkably quiet. See floor plan and full details here.

2002 Fifth Avenue, #3D
$740,000

Harlem | Cooperative | 1 Bedroom, 1 Bath | 787 ft²

Open House: Sunday, May 17, 2026

2002 Fifth Avenue, #3D (Sothebys International Realty)

From the Listing: Sun-filled and overlooking Marcus Garvey Park, this south-facing one-bedroom, one-and-a-half-bath home offers a rare sense of openness and tranquility while being centrally located in Harlem’s coveted Mount Morris Park Historic District. With sweeping park views, private outdoor space, and natural light streaming throughout the day, the apartment feels both airy and inviting. See floor plan and full details here.

Imperial House, #2R
$850,000

Lenox Hill | Cooperative | 1 Bedroom, 1.5 Baths

Open House: Sunday, May 17, 2026

Imperial House, #2R (Douglas Elliman Real Estate -)

From the Listing: A true blank-canvas opportunity at the Imperial House: one of Upper East Side's most sought-after full-service buildings offering top-notch amenities, including full-time doorman and concierge, elevator attendants, on-site resident manager, state-of-the-art fitness center and on-site parking garage. Bring your architect and imagination to transform this 1,051 sq.ft. space with an expansive 800 sq.ft. private terrace -- currently configured as a professional dental office -- into the generously proportioned one-bedroom home of your dreams; or reimagine the layout as a one-bedroom with a separate den or guest bedroom, perfect for today's flexible living needs. See floor plan and full details here.

330 East 70th Street, #6D
$899,000 (-9.6%)

Lenox Hill | Cooperative | 2 Bedrooms, 2 Baths | 1,200 ft²

Open House: Sunday, May 17, 2026

330 East 70th Street, #6D (Ostrov Realty Group Limited)

From the Listing: Welcome to Apartment 6D - a spacious and nicely maintained two-bedroom, two-bathroom home offering nearly 1,200 square feet of comfortable living space. This bright residence features both north and south open views, filling the home with natural light throughout the day. The oversized living room is a true highlight, complete with an additional nook that offers flexibility to create a third bedroom, a formal dining area, or a private home office. Recently renovated kitchen has stainless steel appliances, ample cabinetry, and generous counter space. See floor plan and full details here.

167 East 61st Street, #5B
$925,000

Lenox Hill | Cooperative | 1 Bedroom, 1.5 Baths | 1,000 ft²

Open House: Sunday, May 17, 2026

167 East 61st Street, #5B (Corcoran Group)

From the Listing: Welcome to 167 East 61st Street, Unit 5B - a spacious 1-bedroom, 1.5-bath residence (convertible to 2 bedroom) ideally located in the heart of Lenox Hill. Located on the 5th floor of a full-service building, this thoughtfully designed home features an expansive layout with generous living and dining areas-perfect for both everyday living and entertaining. Highlights include oversized windows, hardwood floors, an in-unit washer and dryer, and peaceful courtyard views. The primary bedroom offers a quiet retreat with ample closet space and an en-suite bath. See floor plan and full details here.

The Windsor Terrace Apartments, #3C
$995,000

Windsor Terrace | Condominium | 2 Bedrooms, 1 Bath | 884 ft²

Open House: Sunday, May 17, 2026

The Windsor Terrace Apartments, #3C (Serhant)

From the Listing: A rare opportunity to live directly beside Prospect Park in one of Brooklyn's most sought-after neighborhoods. This beautifully laid out 2-bedroom, 1-bath residence at 207 Prospect Park Southwest offers generous living space, excellent natural light, and a private terrace that seamlessly extends your living outdoors-perfect for morning coffee or unwinding at the end of the day. Thoughtful upgrades throughout include in-unit laundry, recessed lighting, custom closets, and custom window treatments, adding both style and functionality. The home blends classic Windsor Terrace charm with the tranquility of park-side living, all within a professionally maintained, pet-friendly building. See floor plan and full details here.

Jadam, #4G
$999,000

Central Park West | Condominium | 1 Bedroom, 1 Bath | 796 ft²

Open House: Sunday, May 17, 2026

Jadam, #4G (Douglas Elliman Real Estate -)

From the Listing: Welcome to Apartment 4G at 420 Central Park West, a spacious prewar condominium offering beautiful Central Park views, generous proportions, and a highly versatile layout in one of Manhattan's most iconic locations. Currently configured as an oversized one-bedroom, this home offers the flexibility to convert to a two-bedroom layout, with the option to transform the windowed kitchen into a second bedroom or home office. See floor plan and full details here.

41 West 96th Street, #4C
$999,000

Central Park West | Cooperative | 2 Bedrooms, 1 Bath

Open House: Sunday, May 17, 2026

41 West 96th Street, #4C (Compass)

From the Listing: There are some homes that check off all the boxes: A location near Central Park; a meaningful architectural history; a classic yet flexible layout that works well for today's big life; large rooms; soft, quiet light from its quiet, rear exposure; a peaceful vibe; a grand foyer; a big, new, custom windowed kitchen; a large primary bedroom; a flexible guest bedroom; a newly redone windowed bath; good closet space; pet friendly; building courtyard space; live-in super; doorman; easy location; beamed ceilings; hardwood floors; and a comfy, easy-to-live radiance. See floor plan and full details here.

Southgate, #10C
$1,195,000

Beekman/Sutton Place | Cooperative | 2 Bedrooms, 2 Baths

Open House: Sunday, May 17, 2026

Southgate, #10C (Douglas Elliman Real Estate -)

From the Listing: Residence 10C at 414 East 52nd Street is a beautifully appointed two-bedroom, two-bathroom home that seamlessly blends refined prewar elegance with modern convenience. This turnkey residence, owned and thoughtfully curated by a renowned decorator, showcases impeccable taste and attention to detail throughout. The renovated kitchen is both stylish and functional, complemented by a dedicated laundry room-a rare and highly desirable feature. See floor plan and full details here.

125 East 63rd Street, #4C
$1,250,000

Park/Fifth Ave. to 79th St. | Cooperative | 2 Bedrooms, 2 Baths

Open House: Sunday, May 17, 2026

125 East 63rd Street, #4C (Brown Harris Stevens Residential Sales LLC)

From the Listing: Great opportunity to own a 2 bedroom, 2 bath room plus a staff/service room all included in the price of $1,250,000. The staff/service room is located on the 1st floor, perfect for a home office, gym or design studio. This grand New York two-bedroom, two-bath prewar residence blends Parisian elegance, classic prewar charm, and an enviable Upper East Side location-all within a boutique, full-service white-glove cooperative of just 36 residences, featuring a full staff including a doorman, porter, and live-in resident manager, along with a beautifully maintained roof deck. An inviting, generously proportioned foyer with abundant closets opens into a grand living and dining room. See floor plan and full details here.

95 Dikeman Street, #2
$1,250,000

Red Hook | Condominium | 2 Bedrooms, 2 Baths | 1,258 ft²

Open House: Sunday, May 17, 2026

95 Dikeman Street, #2 (Compass)

From the Listing: 95 Dikeman Street, Unit 2 presents a rare opportunity to own a thoughtfully designed two-bedroom, two-bathroom residence with exceptional private outdoor space in the heart of Red Hook. Set within a boutique, self-managed four-unit townhouse on one of the neighborhood’s best blocks, this over 1,200-square-foot home offers a smart blend of scale, functionality, and the distinct charm of Brooklyn waterfront living. See floor plan and full details here.

Gramercy North, #16D
$1,350,000

Gramercy Park | Condop | 2 Bedrooms, 2 Baths

Open House: Sunday, May 17, 2026

Gramercy North, #16D (Corcoran Group)

From the Listing: Welcome to Flatiron : No Mad, Inside 50 Lexington is a beautifully renovated split 2 bedroom, 2 bathroom apartment, with excellent natural light, outdoor space, dropped lighting and stunning wide plank white oak 6 inch floors throughout. Step inside to a well proportioned living room, sun bathed through oversized windows, to your private balcony that views the sunrise and the Chrysler Building. See floor plan and full details here.

The Zachary, #3B
$1,500,000

East Village | Condominium | 1 Bedroom, 1 Bath | 950 ft²

Open House: Sunday, May 17, 2026

The Zachary, #3B (Douglas Elliman Real Estate -)

From the Listing: Experience authentic loft living in this rarely available, sun-drenched south-facing loft residence featuring soaring 13'4" foot ceilings, exposed brick walls, oversized industrial-style windows, and extensive custom built-ins throughout. Rich in character and scale, the expansive living and dining area offers exceptional flexibility for both sophisticated entertaining and comfortable everyday living. Abundant natural light pours into the home throughout the day, beautifully highlighting the loft's warm architectural details, hardwood floors, and airy proportions. The open chef's kitchen is thoughtfully appointed with granite countertops, stainless-steel appliances, generous cabinetry, and ample prep space-seamlessly integrated with the main living area for effortless entertaining. See floor plan and full details here.

Austin Nichols House, #A408
$1,595,000

Williamsburg | Condominium | 2 Bedrooms, 2 Baths | 977 ft²

Open House: Sunday, May 17, 2026

Austin Nichols House, #A408 (Corcoran Group)

From the Listing: Welcome home to a beautifully renovated prewar two bedroom, two bathroom home in the heart of prime North Williamsburg. Enter into the open plan loft with 12 foot beamed ceilings and serene tree-lined views. The spacious north-facing living room with oversized windows overlooks the building's tranquil landscaped courtyard with rows of beautiful trees and mature plantings, creating a peaceful retreat from city life.- Rich herringbone hardwood floors run throughout the home, complemented by modern overhead lighting, custom wood doorknobs, and thoughtful high-end finishes that bring warmth and personality to every corner. See floor plan and full details here.

150 West 87th Street, #4A
$1,680,000

Broadway Corridor | Cooperative | 3 Bedrooms, 2 Baths

Open House: Sunday, May 17, 2026

150 West 87th Street, #4A (Compass)

From the Listing: Modern finishes meet pre-war charm in this recently renovated 3 bedroom/2 bathroom home in a prime Upper West Side location. A gracious entryway leads to side-by-side living and dining areas with a quiet and sunny Southern exposure. The windowed kitchen is exceptionally large and well appointed, featuring contemporary Italian cabinetry, Caesar stone countertops, along with generous pantry and cabinet storage. See floor plan and full details here.

173 Riverside Drive, #9N
$1,995,000

Riverside Dr./West End Ave. | Cooperative | 3 Bedrooms, 3 Baths

Open House: Sunday, May 17, 2026

173 Riverside Drive, #9N (Corcoran Group)

From the Listing: Apartment 9N at 173 Riverside Drive is a sun-filled and grand three-bedroom, three full bathroom home in the heart of the Upper West Side directly across from Riverside Park. Featuring a unique "un-classic" six-room layout, this is a true three-bedroom residence with exceptional scale and flow. Elegant prewar design is beautifully accentuated by high ceilings, oversized windows, and abundant natural light streaming throughout the home. From this high floor, both the living room and two of the bedroom suites enjoy open south-facing city views over landmarked brownstones along with an oblique view of the Hudson River. See floor plan and full details here.

320 Riverside Drive, #PH16B
$2,195,000

Riverside Dr./West End Ave. | Cooperative | 2 Bedrooms, 2 Baths

Open House: Sunday, May 17, 2026

320 Riverside Drive, #PH16B (Douglas Elliman Real Estate -)

From the Listing: New to Market! PH16B is above Riverside Drive with sweeping Hudson River and cityscape views, this penthouse offers a true oasis in the sky-where light, air, and space come together effortlessly. Wrapped in a beautifully landscaped terrace (approximately 680 sq/ft), the home offers seamless indoor-outdoor living, with multiple access points that invite you outside from nearly every corner. Mornings begin with open sky and river views, while evenings settle into unforgettable sunsets just beyond your own private horizon. Inside, the layout has been thoughtfully designed to prioritize how you actually live. See floor plan and full details here.

200 East 16th Street, #1DE
$2,296,000

Gramercy Park | Cooperative | 2 Bedrooms, 2.5 Baths

Open House: Sunday, May 17, 2026

200 East 16th Street, #1DE (Corcoran Group)

From the Listing: A garden home in a Gramercy Park prewar doorman building. An apartment combination featuring 2 large bedrooms, with 2 ensuite full baths , plus 1/2 bath (2.5 baths total) in a 1300 SF home with a private fully planted 650 SF terrace. UTILITIES- ELECTRICITY / HEAT INCLUDED IN RENT.A perfect layout with foyer opening to a generous living and dining room and large steel/glass French doors opening to the patio/ terrace. A large open kitchen faces the living/ dining space with a large black/marble-patterned porcelain counter island fully appointed with Miele induction range surface, large oven, refrigerator and dishwasher. See floor plan and full details here.

Stewart House, #9B
$2,350,000

Greenwich Village | Cooperative | 2 Bedrooms, 2.5 Baths

Open House: Sunday, May 17, 2026

Stewart House, #9B (Douglas Elliman Real Estate -)

From the Listing: 70 East 10th Street, Apt. 9B - 2 (Flex 3) Bedroom 2.5 Bath - The Stewart House Greenwich Village Welcome to one of Greenwich Village's most coveted addresses. Residence 9B at The Stewart House is a rare corner unit offering two oversized bedrooms, a primary suite and an en-suite bedroom, two and a half bathrooms, and a private terrace - the only 2.5-bath layout in the building, and an ideal candidate for a flex three-bedroom configuration in one of Manhattan's most storied neighborhoods. From the moment you enter, the apartment announces itself. See floor plan and full details here.

25 Fifth Avenue, #12F
$2,500,000

Greenwich Village | Condominium | 2 Bedrooms, 1 Bath | 988 ft²

Open House: Sunday, May 17, 2026

25 Fifth Avenue, #12F (Compass)

From the Listing: Rarely available on 5th Avenue historic Gold Coast is a sophisticated 2 bedroom in mint condition with beautiful exposures onto the village charming landmarked houses and Fifth Avenue buildings. The home has beamed ceilings, hardwood floors, a wood burning fireplace, a windowed kitchen, a grand living room and dining area with double exposures and 2 spacious bedrooms with many closets. The building, built in 1921, is the only pre-war condominium on lower Fifth Avenue and is full service doorman/concierge/live-in super, with a gorgeous landscaped garden, a state of the art fitness center, a bike room, private storage and pets are welcome. Be in the best NYC has to offer, on the Gold Coast of Greenwich Village near historic Washington Square Park, minutes away from the greatest dining and shopping, as well as many public transportations. See floor plan and full details here.

177 East 77th Street, #PHC
$2,600,000

Lenox Hill | Condominium | 3 Bedrooms, 2 Baths | 1,305 ft²

Open House: Sunday, May 17, 2026

177 East 77th Street, #PHC (Compass)

From the Listing: Private wraparound terrace oasis in the heart of the Upper East Side. Welcome to this sun-filled 3-bedroom, 2-bathroom penthouse featuring a wraparound terrace with sweeping 270-degree views, central air, in-unit washer/dryer, and an exceptional layout in a full-service Art Deco condominium. See floor plan and full details here.

40 West 17th Street, #PH12C
$3,000,000

Chelsea | Cooperative | 3 Bedrooms, 2 Baths

Open House: Sunday, May 17, 2026

40 West 17th Street, #PH12C (Compass)

From the Listing: Flatiron Penthouse Loft with Private Roof Deck and Incredible Views. Welcome to this bright and airy 3-bedroom, 2-bath duplex loft perched atop a boutique co-op in the heart of the Flatiron District. This unique penthouse offers downtown views and stunning sunsets through oversized, 7-foot-tall windows in the expansive living room. The crown jewel, a massive private roof deck with panoramic, 360-degree views of Manhattan. See floor plan and full details here.

The Alden, #905/906
$3,690,000

Central Park West | Cooperative | 3 Bedrooms, 3 Baths

Open House: Sunday, May 17, 2026

The Alden, #905/906 (Compass)

From the Listing: A rare canvas on one of the Upper West Side's most coveted blocks. Residence 905–906 at The Alden offers what almost never comes to market: a full-floor combination unit with wide, unobstructed Central Park views, ready for a complete gut renovation on your terms. See floor plan and full details here.

The Renwick, #6
$4,750,000

SoHo | Cooperative | 3 Bedrooms, 2 Baths | 3,000 ft²

Open House: Sunday, May 17, 2026

The Renwick, #6 (Leven Real Estate)

From the Listing: On one of Manhattan's most quietly iconic blocks, this full floor loft embodies the authentic New York lifestyle as demonstrated by its role in the 2010 feature film Last Night. Oversized industrial windows, concrete beamed ceilings and a signature steel plated warehouse door blend seamlessly with thoughtfully integrated high-end finishes and Hudson Company 8 white oak floors. The keyed elevator opens directly into a proper foyer with adjacent walk-in closet. Just beyond, the dramatic 57 x 24 great room unfolds as the heart of the home with a shaker-style open concept kitchen, centered around a Caesarstone island. See floor plan and full details here.

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Contributing Writer Cait Etherington Cait Etherington has over twenty years of experience working as a journalist and communications consultant. Her articles and reviews have been published in newspapers and magazines across the United States and internationally. An experienced financial writer, Cait is committed to exposing the human side of stories about contemporary business, banking and workplace relations. She also enjoys writing about trends, lifestyles and real estate in New York City where she lives with her family in a cozy apartment on the twentieth floor of a Manhattan high rise.

Read Full Bio | Contact Cait Etherington

In this article:

Resilience in the face of catastrophe

September 11

The 2008 financial crisis

The Covid-19 pandemic

Assessing the current market

Great listings with open houses

205 East 63rd Street, #7C
$400,000

160 East 91st Street, #8A
$500,000

Select which properties are of interest to you:

The John Murray House, #PHC
$599,000

The Gramercy House, #1EF
$630,000

The Gramercy House, #7P
$639,000

The Beekman Hill House, #2D
$650,000

Goodhue House, #3N
$675,000

2002 Fifth Avenue, #3D
$740,000

Imperial House, #2R
$850,000

330 East 70th Street, #6D
$899,000 (-9.6%)

167 East 61st Street, #5B
$925,000

The Windsor Terrace Apartments, #3C
$995,000

Jadam, #4G
$999,000

41 West 96th Street, #4C
$999,000

Southgate, #10C
$1,195,000

125 East 63rd Street, #4C
$1,250,000

95 Dikeman Street, #2
$1,250,000

Gramercy North, #16D
$1,350,000

The Zachary, #3B
$1,500,000

Austin Nichols House, #A408
$1,595,000

150 West 87th Street, #4A
$1,680,000

173 Riverside Drive, #9N
$1,995,000

320 Riverside Drive, #PH16B
$2,195,000

200 East 16th Street, #1DE
$2,296,000

Stewart House, #9B
$2,350,000

25 Fifth Avenue, #12F
$2,500,000

177 East 77th Street, #PHC
$2,600,000

40 West 17th Street, #PH12C
$3,000,000

The Alden, #905/906
$3,690,000

The Renwick, #6
$4,750,000

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