Manhattan Market Intelligence

Downtown Brooklyn’s housing market is booming. More than 3,700 new units were completed in the first half of 2025  alone—a record-breaking surge that eclipses the borough’s last major growth spurt in 2002, when just 2,925 units were delivered over the entire year.  Roughly 30% of this year’s additions include affordable housing.   Jonathan Miller, CEO and President of Miller Samuel, draws a comparison to Manhattan’s Financial District during its transformation years ago, when

An age-old debate among New Yorkers is whether pre-war apartments outshine new developments when it comes to buying in the city. The truth is, both have their strengths and drawbacks—and the decision ultimately comes down to personal preference. As one NYC broker put it, “pre-war apartments attract someone who values history, craftsmanship, and architectural charm.” In other words, these are buyers who choose soul over the sleekness that many new developments offer .   Timele

A dramatic shift is underway in New York City’s real estate market, particularly in Manhattan, where a record number of buyers are closing deals without financing.   According to a recent PropertyShark report, nearly 60% of Manhattan home purchases were all-cash deals   in the second quarter of 2025—the highest proportion across the five boroughs. In many cases, these buyers are coming in strong with no contingencies, reshaping expectations on both sides of the transaction.  

When it comes to home renovations in New York City, there’s no ideal season—projects happen all year long. Unlike in the suburbs, seasonal fluctuations don’t affect renovation costs or scheduling here, which is why I like to revisit this topic annually as a helpful check-in for anyone considering or currently navigating a renovation.   For some, home improvement can be a rewarding process; for others, it can feel like a major undertaking. Either way, it’s important to steer c