Residential Market Report


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(iStock)

Townhouses continue to dominate Brooklyn’s luxury market

Amid the uncertainty of the presidential election last week, 19 homebuyers sealed the deal in Brooklyn. Luxury contracts worth...

Townhouses continue to dominate Brooklyn’s luxury market
170 East End Avenue and 122 East 78th Street (Google Maps)

Manhattan luxury deals hold despite election uncertainty

Election results trickled in at a glacial pace last week, but Manhattan’s luxury market continued its steady march forward....

Manhattan luxury deals hold despite election uncertainty
(Getty, iStock)

NYC rents and inventory dipped in October

Rents across the city continued their downward spiral in October, even as the number of apartments on the market began to wane, an analysis by The Real Deal found. In Manhattan, the median rent...

NYC rents and inventory dipped in October
Sales prices in the Financial District prove to be an outlier in Lower Manhattan and the borough as whole (iStock)

Financial District sales price jumped 123% last quarter: report

The Financial District’s sales market drove activity in Lower Manhattan last quarter. Platinum Properties’ quarterly market report found that...

Financial District sales price jumped 123% last quarter: report
209 Dean Street and 315 Adelphi Street (Google Maps)

Sprawling Brooklyn townhouses drive week’s priciest deals

Spacious townhomes were responsible for the majority of deals in Brooklyn’s luxury market last week. There were 16 contracts...

Sprawling Brooklyn townhouses drive week’s priciest deals
Manhattan’s 10019 zip code, which covers Midtown, Times Square, Herald Square and Midtown South, saw the most foreclosures in the borough with eight. (Credit: iStock)

Manhattan foreclosures soar 118%, driven by mortgage defaults

Residential foreclosures in Manhattan and Staten Island are skyrocketing — but the other boroughs are having better luck. Foreclosures...

Manhattan foreclosures soar 118%, driven by mortgage defaults

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