Market Insight

Easy Escapes: NYC apartments with private rooftop cabanas in time for summer

By CityRealty Staff | From Great Listings Saturday, June 7, 2025

The word cabana is taken from the Spanish word for “cabin” (cabaña) and conjures the image of a lavish beach or waterfront resort. Indeed, many outdoor pools in New York residential buildings are surrounded by cabanas, but this structure has increasingly become a fixture on roof decks without any...

More than Music: Lincoln Center plans $335M revamp while honoring its roots

By CityRealty Staff | From Get To Know Saturday, June 7, 2025

Despite common belief, there’s no evidence that Lincoln Center or the surrounding neighborhood of Lincoln Square were named after President Abraham Lincoln, according to Lincoln Center archivist Judith Johnson. “It is one of those questions that should have an answer because so many other places ...

Open Houses: Recently reduced NYC listings + Fun things to do this weekend

By CityRealty Staff | From Get To Know Friday, June 6, 2025

Earlier this spring, the London-based Institute for Quality of Life released its 2025 Happy City Index of the happiest cities in the world, as determined by categories like citizens, governance, environment, economy, health, and mobility. New York City achieved the highest score in the United Sta...

From Market Data Recent Sales in NYC

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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

NYC's most expensive neighborhoods to buy a condo or co-op

By CityRealty Staff | From New Developments Tuesday, March 4, 2025

New York City's residential apartment market is always evolving, with some neighborhoods maintaining their dominance while others experience notable shifts. In the condo market, Downtown neighborhoods remain among the most expensive, despite a slight decline in price per square foot year-over-yea...

Sales launch at 630 Grand Avenue; New Prospect Heights condos with private outdoor space

By CityRealty Staff | From Future New York Friday, June 6, 2025

630 Grand Avenue is a seven-story boutique condominium in the heart of Prospect Heights wrapping up construction. Developed by the Loketch Group and designed by Brooklyn-based ND Architecture & Design, the building is distinguished by its bronze-colored brick façade and oversized windows. The fir...

NYC buildings with tennis courts to unleash your inner Coco

By CityRealty Staff | From Lincoln Center Friday, June 6, 2025

In May 2025, the U.S. Tennis Association (USTA) revealed renderings and plans for an $800 million revamp for Arthur Ashe Stadium, home of the U.S. Open. The largest single investment in the history of the U.S. Open tournament, it will create an enhanced experience for fans and offer world-class s...

Sponsor units from $210K: Pros, cons, and great NYC listings with no board approval required

By Cait Etherington | From Great Listings Thursday, June 5, 2025

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...

New York’s Classical Revival: Traditional design reshapes the luxury market

By CityRealty Staff | From Future New York Thursday, June 5, 2025

Fifteen years ago, it looked as though the Manhattan skyline was on the verge of being overwhelmed by glass and metal towers, austere monuments to Modernism that often lacked the warmth and character of the city's historic architecture. However, recent developments suggest a resurgence of traditi...

Rowan II: Cutting edge condo to rise next to Astoria record-breaker; New developments now selling in Astoria

By CityRealty Staff | From Future New York Wednesday, June 4, 2025

In early May 2025, a groundbreaking ceremony was held for Rowan II, an 86-unit condominium in Astoria. The INOA Architecture-designed condominium will rise at 21-11 31st Street on a site directly north of the The Rowan, the boutique condominium that set a new sales record for Astoria not once but...

Price Cuts: Judge Judy's penthouse now $1M off; Wood-accented Upper East Side maisonette chopped 13%

By CityRealty Staff | From Great Listings Tuesday, June 3, 2025

From May 27 - June 2, 2025, nearly 400 condos, co-ops, condops, and townhouses in core New York City areas had their prices reduced. This is nearly double the number that the previous week experienced, and can likely be attributed to a post-Memorial Day surge as opposed to greater market conditions.

Celebrity real estate: Andy Cohen and Danny Strong swap West Village buildings; Inside Cannes-famous penthouse

By Michelle Merritt | From Great Listings Tuesday, June 3, 2025

Over the years, New York City buildings like The Dakota on Central Park West and 443 Greenwich Street in Tribeca have become well known for their celebrity residents. But in May 2025, the buildings most popular among high-profile buyers were predominantly located in Downtown neighborhoods, the Up...

Manhattan sales include record-breaking Noho penthouse and a $40M penthouse at The Cortland; Closings begin at The 74

By CityRealty Staff | From Future New York Tuesday, June 3, 2025

The final week of May 2025 was an abbreviated business week owing to the Memorial Day holiday on Monday, May 26. This resulted in a slight week-over-week dip in both the recorded residential sales in Manhattan and the aggregate dollar total by default. However, it was a strong week for Downtown u...

First look inside saw-toothed tower to join supersizing area of Brooklyn

By CityRealty Staff | From Future New York Monday, June 2, 2025

The jumble of streets at the junction of Downtown Brooklyn and Fort Greene are on a vertical growth spurt with just about every corner sprouting new residential towers. Some of these new builds are thoughtfully designed, others...not so much. But taken together, they’re thousands of units will ad...