New York Real Estate

New York City subway ridership has not completely bounced back to where it was before the pandemic, but rents near subway stations have skyrocketed. It’s an indication that New Yorkers still rely heavily on the subway system, according to a...

A series of new projects are betting big on tourism and entertainment in the neighborhood and prospects include Manhattan’s first casino, hotels with high-life amenities and major upgrades to tourist attractions. Before the pandemic emptied Times Square’s shops, theaters and...

During the first quarter of 2022 New York City reached a record-breaking number of closed sales, 3,585 to be exact, the highest registered in thirty-three years; up 45.9% year over year and 48.9% from pre-pandemic levels Listing inventory (the number...

Rent in New York City remained the most expensive in the nation, according to a new Zumper study. And it's getting even more pricey — the monthly cost for one- and two-bedroom apartments shot up 30.4 percent and 26.1 percent,...

Created in 1971 to spur development in neglected neighborhoods of New York, the 421-a program allowed condo buildings to be exempted from millions of dollars in property taxes for 10 to 25 years, depending on location and other criteria. The...

Manhattan has over 13,000 condo units in the pipeline. Of the ten neighborhoods with the most units on tap, seven — if you include the Financial District — are in this western condo corridor, including each of the top five....

The New York real estate market and, in particular, that of Manhattan, has always accustomed us to dizzying recovery after the crisis. But the leases especially, are experiencing a scorching moment. In January, there were 3,159 New Lease Signings in...

The market closed out the year with a surge in sales volume, rising prices, and sharply falling listing inventory, with numbers that suggest that the overall market has returned to price parity with pre-pandemic conditions. But let’s keep in mind...

Tracking newly signed contracts and new listings on the market offers some insight into how sales markets in New York City will behave in 2022. In 2021, new signed contracts for Manhattan and Brooklyn co-ops, condos, and townhouses outperformed last...