Market Insight

Price Cuts: Historic Gramercy townhouse cut by $2M; Another reduction at Rudy Giuliani's co-op

By CityRealty Staff | From Great Listings Today, May 15, 2024

From May 8-14, 2024, approximately 350 condos, co-ops, condops, and townhouses throughout New York City experienced price reductions. Among them was 120 East 19th Street, a Gramercy townhouse dating back to the 1850s, when Pacific Insurance Company president and Pacific Bank director Amos F. Hatf...

NYC Home Auctions: Upper East Side townhouse of Real Housewives star up for bid

By Cait Etherington | From Get To Know Tuesday, May 14, 2024

Starting May 15, 2024, fans of The Real Housewives of New York City will have the chance to bid on alumna Sonja Morgan’s iconic Upper East Side townhouse at 162 East 63rd Street when it comes up for auction. Ms. Morgan’s attempts to sell it were part of her story arc almost the entire time she wa...

Mitigating risk when buying in a NYC land-lease building

By Cait Etherington | From Get To Know Tuesday, May 14, 2024

In May 2024, New York State Senator Liz Krueger and Assemblywoman Linda Rosenthal introduced legislation that would limit massive fee spikes in land-lease buildings, also known as ground-lease. Such listings frequently attract attention for their low sticker prices, but the money saved could very...

From Market Data Recent Sales in NYC

No data available for this period or/and price range

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

CityRealty's Q3 2022 Manhattan Residential Market Report + Best-Selling Residential Buildings

By CityRealty Staff | From Monthly Market Reports Wednesday, December 14, 2022

Manhattan Sales: Patriots owner sells Plaza condo for huge profit; Three sales reported at 15 Central Park West

By CityRealty Staff | From Great Listings Tuesday, May 14, 2024

Manhattan Sales: For the week ending May 10, 2024, $509,054,433 worth of transactions across 209 condo, condop, and cooperative deals were recorded 118 condo sales came to an aggregate price of $366,0735,529 Six condop sales came to an aggregate price of $11,590,000 86 co-op sales came to a...

What $1.5 million buys in Carnegie Hill, NYC's most prestigious old money neighborhood

By CityRealty Staff | From Great Listings Monday, May 13, 2024

Arguably New York's most prestigious neighborhood, Carnegie Hill is home to world-class art museums, elite schools, and the finest examples of pre-war apartment buildings and townhouses. The area is named after Andrew Carnegie and his mansion on Fifth Avenue & East 91st Street - now the Cooper He...

TEN questions to ask before signing a lease + 10 newly-launched rental buildings in NYC

By Cait Etherington | From Future New York Monday, May 13, 2024

Once you’ve found and been approved for an apartment in New York City, it is tempting to immediately sign on the dotted line and start looking for a mover - after all, with Manhattan rents at all-time highs and those in outer boroughs starting to creep up, it's understandable that one would want ...

Manhattan Contracts: Maurice Kanbar's townhouse finds buyer; Centrale penthouse enters contract after 37% discount

By CityRealty Staff | From Great Listings Monday, May 13, 2024

For many New Yorkers, the penthouse will always represent the pinnacle of luxury living. But approximately 100 years since New York's wealthiest were lured away from their mansions and into apartments, some say the pendulum has swung back to single-family homes. The townhouse versus penthouse deb...

Open houses to tour amidst tepid Manhattan sales market include Gramercy 3-bed with park key

By CityRealty Staff | From Great Listings Friday, May 10, 2024

The first several months of 2024 displayed the peculiar position of the Manhattan residential real estate market. New development inventory has been slowly dwindling as pandemic-related delays affected project timelines -- both starts and deliveries. As interest rates remain elevated, keeping res...

10 new developments with exciting retail offerings; Optimizing the commercial/residential mix in NYC buildings

By Cait Etherington | From Future New York Friday, May 10, 2024

Hundreds of coops and condos across the city now include street-level retail. While there are obvious advantages to bringing commercial tenants into residential buildings, some commercial tenants make better neighbors, and some coops and condos also make better landlords for commercial tenants. T...

The Many Meanings of “Contingent” in Real Estate

By Cait Etherington | From Get To Know Friday, May 10, 2024

During the highly active market of 2021 to early 2022, buyers looking for an edge in multi-offer situations started to sign home-purchase agreements with exceptionally few contingencies. The reasoning was simple. Sellers are more likely to accept offers with few or no contingencies (i.e., conditi...

Townhouse vs. penthouse living: See trophy homes of each on the market now

By CityRealty Staff | From Get To Know Thursday, May 9, 2024

Owning a single-family home has long symbolized the American Dream, a sentiment echoed in certain parts of New York City for over a century. As the city evolved, the allure of apartments offering views and conveniences gained favor, albeit at the cost of space and privacy. While multi-family bui...

Guide to Buying in a New Construction Condo Part 4 + Final sponsor availabilities in nearly sold-out buildings

By Cait Etherington | From Future New York Thursday, May 9, 2024

Finding the right New York real estate is never simple, but that is compounded with new construction condos, not only for the sheer volume of choice (nearly 3,000 new units expected to launch in Manhattan through 2024, and as many as 3,600 in Brooklyn and Queens) but for the extra considerations ...