nyc market reports


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In Manhattan’s “polarized” market, resi developers are getting rocked

As new development sales continue to struggle, Manhattan resales are getting a boost. The overall number of sales closed...

Brooklyn concessions continue to fall but market won’t “change overnight”: Elliman

For almost three years, the rental market in Brooklyn was defined by a constantly increasing amount of concessions. But that may be starting to...

And New York City’s most bedbug-infested neighborhood is…

According to this week’s market reports, the most bedbug infested neighborhood in the city is in Brooklyn, and New...

Manhattan office sales quadruple in the third quarter

According to this week’s market reports, Manhattan office sales more than quadrupled and FiDi home prices dropped 51 percent...

Home equity gains in minority areas outpace increases in white neighborhoods

According to this week’s market reports, home equity gains in minority areas outpaced increases in white neighborhoods. Meanwhile, Manhattan...

The city’s best-selling residential tower is in Downtown Flushing

It turns out that New York City’s best-selling new development isn’t in Manhattan. The Grand at Sky View Parc...

Queens posts highest rent increase in US

Queens registered the highest rent increase in the country and U.S. construction activity dropped 1.1 percent in July, according to this week’s market reports. Residential Rentals | RentCafe Queens posted the highest rent increase...

New York State led the country in construction hiring

According to this week’s market reports, New York registered the most construction hiring in the country in June and...

Price of Manhattan apartments drops for the fourth straight quarter

According to this week’s market reports, the median price for a Manhattan apartment dropped for the fourth straight quarter...

Manhattan sales continue to slide in Q2

Sales are still falling in Manhattan. The number of residential property trades saw a 16.6 percent year-over-year decrease in the second quarter, according to Douglas Elliman’s latest market report. That marks the third consecutive...

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