Market Insight

Landmarks praises residential conversion/restoration of NoMad's Baudouine Building, Seeks revisions to rooftop addition

By CityRealty Staff | From Future New York Tuesday, June 23, 2026

A landmarked NoMad office building crowned by one of Manhattan's most unusual rooftops, a little temple, is poised for a residential conversion. Alf Naman Development plans to transform the 1896 Baudouine Building at 1181 Broadway into high-end apartments (condos likely), pairing a comprehensive ...

Paul Newman's parkside office sells 47% over ask; Pre-war condo conversions lead Manhattan sales

By CityRealty Staff | From Iconic Addresses Tuesday, June 23, 2026

On the week ending June 18, 2026, 194 residential apartment sales were recorded in Manhattan. The business week was cut short by the Juneteenth federal holiday on Friday; as a result, fewer week-over-week recorded sales by default were likely inevitable. Those that were recorded included two clo...

What is a sponsor unit? Pros, cons, and NYC apartments with no board approval required from $165K

By Cait Etherington | From Get To Know Tuesday, June 23, 2026

From time to time, a listing for a New York City condo or co-op includes the following phrase: sponsor unit. But what sets these apart from other units, and why are they to buyers' benefits? The short answer to the first part is that this is a unit that has never been sold. The longer answer requ...

From Market Data City Stats: Condo vs Co-op Comparison

Building Type

Condo
Co-op

From Buyer's Guide Get the Insider Tips on Buying Your Dream NYC Apartment

From closing costs What Fees to Expect When You Close Your Apartment

Top-selling NYC buildings and priciest contracts of Q1 2026

By CityRealty Staff | From New Developments Wednesday, April 8, 2026

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...

NYC contracts led by $18.5M Upper East Side mansion and a bespoke Billionaires' Row condo

By CityRealty Staff | From Future New York Tuesday, June 23, 2026

From June 15-21, 2026, 224 residential contracts were signed in Manhattan. This is a marked week over week decline in both the number of contracts and the aggregate dollar amount. However, this is still ten more contracts than were signed on the same week in 2025, and likelier to indicate an abbr...

How property values are assessed in NYC + Great new listings with open houses from $445K

By Cait Etherington | From Get To Know Saturday, June 20, 2026

In April, Governor Kathy Hochul proposed a pied-a-terre tax on second homes in New York valued at $5 million. However, when the Department of Finance released an infographic detailing how much second homes would be taxed, it started at values of $1 million. How can that be?

Swim with a View: 30 Manhattan buildings with high-floor swimming pools and fitness centers

By CityRealty Staff | From Get To Know Saturday, June 20, 2026

Last week, Mayor Zohran Kwame Mamdani and NYC Parks Commissioner Tricia Shimamura announced the opening of registration for free Learn to Swim classes across New York City that will teach young people aged 18 months to 17 years old how to swim and build water safety skills. The classes will take ...

Brick is Back: NYC developments revive the warmth of masonry; See Morris Adjmi's new design for 277 Canal Street

By CityRealty Staff | From Future New York Friday, June 19, 2026

A decade ago, the glass curtain wall seemed to be the default language of new construction in New York. It still has its place, especially in office towers where transparency, skyline views, and bringing natural light to deeper open floor plates remain highly marketable. But in residential archit...

Knicks in Five: 35 NYC condo and rental buildings with basketball courts

By CityRealty Staff | From The Bronx Thursday, June 18, 2026

The New York Knicks have been described as the only sports team that brings New York City together, as opposed to divisions between Yankees/Mets and Jets/Giants fans, and the entire city seems unified in celebrating the Knicks' first NBA championship in 53 years. The team was honored with the fir...

Price Cuts: Baz Luhrmann’s Gramercy townhouse slashed by $7M; New discounts at Brooklyn and Queens’ tallest towers

By CityRealty Staff | From Future New York Thursday, June 18, 2026

From June 9-15, 2026, over 300 condos, co-ops, condops, and townhouses in core New York City areas experienced price reductions, a noticeable week-over-week decrease. This comes at a time when CityRealty data shows that average Manhattan condo prices are nearing record highs, and Manhattan co-ops...

Willow House: Boutique rental in Hoboken's resurgent North End launches with two months free rent

By CityRealty Staff | From New Jersey Thursday, June 18, 2026

Pre-leasing is underway at Willow House, an eight-story mixed-use building located at 1404 Willow Avenue, on the corner of 14th Street in Hoboken's North End. Rents start at $3,400/month for studios, $4,300/month for one-beds, $5,985/month for two-beds, $8,200/month for three-beds, and $17,000/mo...

NYC Contracts: $80M trophy penthouse signed at 80 Clarkson; One High Line's last penthouse finds a buyer

By CityRealty Staff | From Future New York Tuesday, June 16, 2026

From June 8-14, 2026, 277 residential contracts were signed in Manhattan. This is a small week-over-week increase, but was 57 more contracts than were signed the same week in 2025. Contract activity typically slows in June following strong volume in April and May, but 2026 could be the strongest ...

What's old is new again: Mass timber construction in NYC as Timberburg readies to launch sales

By CityRealty Staff | From Future New York Tuesday, June 16, 2026

In loft buildings dating back to the mid-19th century, exposed timber columns, joists, and ceiling beams add a note of historic charm to a converted home. But between new building techniques, a rise in popularity, and revised building codes, a number of 21st century buildings are coming to embrac...