Q4 2025 Manhattan Market Report: A Strong Finish to the Year   As 2025 came to a close, Manhattan’s residential real estate market delivered a notably strong fourth quarter, particularly at the high end. Sales climbed to their highest level since 2022, signaling a clear turning point after a period of recalibration. With New York City’s economy outperforming the nation over the past two years — and expected to do so again in 2026 — the backdrop for renewed confidence was firm

As 2025 comes to a close, New York City’s real estate market finds itself at an important inflection point. The past year was defined by recalibration — buyers and sellers adjusting expectations, interest rates remaining elevated, and inventory staying tight across many neighborhoods. But as we look ahead, the narrative is shifting.   In a recent CityRealty feature  on expert predictions for the year ahead, I shared my perspective on where the NYC real estate market may be he

As we head into the holiday season, I wanted to take a moment to share this year’s holiday video — a New York tradition I look forward to creating each December, now in its eighth consecutive year. Filmed in front of the Ralph Lauren flagship at Madison Avenue and 72nd Street, it highlights another iconic landmark that makes our city so special during the holidays. I hope your holiday season is off to a great start and that you’ll take time to enjoy all that New York City has

Yesterday, the Federal Reserve issued a widely expected 25-basis-point rate cut  — its third consecutive reduction — bringing the benchmark rate to its lowest level in three years. But while borrowing costs moved lower, the tone was unmistakably cautious. As CNBC previewed ahead of the meeting, this turned out to be a true “ hawkish cut ”— a reduction paired with a message that further easing may be limited or slower than markets had hoped. Because in NYC, mortgage affordabil