Manhattan Market Intelligence

You might recall that last week I mentioned how buyers are increasingly favoring new developments over traditional co-ops  on prestigious NYC addresses. Since it’s been a few years since I last covered the pros and cons of co-ops vs. condos, I thought now—on the cusp of an active spring market—was the perfect time to revisit the topic. One of the most common questions I get is: Why would someone choose a co-op over a condo, given the challenges of board approvals? The simple

A few weeks ago, I highlighted the most-searched neighborhoods on StreetEasy along with their median prices, offering insight into what to expect this spring . Now, it appears that several sought-after NYC neighborhoods—mainly in Manhattan—have seen double-digit year-over-year declines in new listing median prices . This shift has spurred an early spring rush, with buyers jumping in ahead of the usual seasonal surge to take advantage of significantly reduced prices. In Januar

New York City’s office market is showing strong signs of stabilization, rapidly returning to traditional office settings. In fact, it is leading the charge nationally , while the rest of the country moves in that direction at a slower but steady pace. Specifically, demand in New York has returned to pre-pandemic levels, driven by a push from employers for in-person attendance and an influx of new workers. Last month, Manhattan office leasing surged 24% , following a 25% year-

John Walkup, co-founder and partner at UrbanDigs Analytics—whose expertise I highly respect—recently shared five key insights for NYC sellers  ahead of the spring real estate market. One point that stood out in his analysis was, “buyers are back, but they’re still picky,”  reinforcing what I wrote two weeks ago about the importance of preparing well in advance if you plan to list .   Market analyses suggest a cautiously optimistic outlook for Manhattan’s residential real esta