Manhattan Market Intelligence

When the FARE Act officially took effect in NYC this summer , eliminating most broker fees for renters, the reaction was mixed—tenants largely rejoiced, while many in the real estate industry warned of ripple effects. Now that we’re a few weeks in, are those fears being realized—or were they overblown? A New York Times analysis of 1.3 million listings on StreetEasy suggests that some unintended consequences are already beginning to surface. A number of landlords appear to

Foreign buyers and sellers continue to play an active role in NYC real estate, despite past slowdowns and shifting regulations. While their presence hasn’t returned to pre-pandemic highs, they remain a steady—and in some cases growing—force in the market, particularly in the luxury segment. Since the second quarter of 2022, the U.S. dollar has sharply declined, making New York City condos appear significantly cheaper to international buyers. That decline hasn’t let up—the d

I’ve talked before about navigating renovations, managing building policies, and even negotiating with neighbors—but one question that’s come up repeatedly over the years is … What happens when your neighbor won’t grant you access for a project? Whether you're installing scaffolding, inspecting a shared wall, or making rooftop repairs, chances are you’ll need temporary access to a neighboring property. And while these situations have become more common over the years, the l

Despite a rocky start to the second quarter—fueled by new tariffs, rising mortgage rates, and escalating tensions in the Middle East—Manhattan’s residential real estate market managed to hold its ground, thanks largely to the strength of the luxury sector. In her letter accompanying the newly released Q2 2025 Manhattan Market Report , Brown Harris Stevens CEO Bess Freedman notes, “Even with the rising level of uncertainty, the Manhattan apartment market had a decent second