Residential Market Report


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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
FiDi sees a spike in sales, renters “camping out” in outer boroughs and more of the biggest trends in resi right now

FiDi sees a spike in sales, renters “camping out” in outer boroughs and more of the biggest trends in resi right now

Sellers face facts in FiDi The Financial District’s sales market is seeing an uptick amid bigger price discounts. Sales were up 33 percent in...

FiDi sees a spike in sales, renters “camping out” in outer boroughs and more of the biggest trends in resi right now
(Credit: Miller Samuel)

Rents rise to $3K mark in Brooklyn, Queens

Rental prices in two of New York City’s outer boroughs have continued their upward march as property owners dial back potential discounts. In Queens, landlord concessions dropped in May for the third consecutive month,...

Rents rise to $3K mark in Brooklyn, Queens
(Credit: Miller Samuel)

Manhattan landlords offering fewer concessions these days

Landlords are easing off on concessions in Manhattan’s tight rental market as vacancies gradually shrink. The tightening of vacancy...

Manhattan landlords offering fewer concessions these days
Manhattan tenants are pushing back against landlords’ raising rent

Manhattan tenants are pushing back against landlords’ raising rent

As landlords get more aggressive with pricing, more Manhattan tenants aren’t sticking around. In March, the borough saw a...

Manhattan tenants are pushing back against landlords’ raising rent
Sluggish sales market continues to bolster Manhattan rents: Elliman

Sluggish sales market continues to bolster Manhattan rents: Elliman

The luxury sales slump has been a silver lining for Manhattan’s rental market. Rents rose in February as would-be...

Sluggish sales market continues to bolster Manhattan rents: Elliman
Manhattan’s lagging luxury market, rising townhouse prices and more of the biggest trends in resi right now

Manhattan’s lagging luxury market, rising townhouse prices and more of the biggest trends in resi right now

Billionaires’ Row sellers are taking some steep losses Luxury residential resales have been some of the biggest loss-makers in recent years, according to StreetEasy....

Manhattan’s lagging luxury market, rising townhouse prices and more of the biggest trends in resi right now
LIC rides the Amazon HQ2 wave, NYC’s sales slump continues and more of the biggest trends in resi right now

LIC rides the Amazon HQ2 wave, NYC’s sales slump continues and more of the biggest trends in resi right now

NYC’s resi sales slump continues Residential sales in Manhattan dropped 3.3 percent in the fourth quarter of 2018, their fifth straight quarter of decline,...

LIC rides the Amazon HQ2 wave, NYC’s sales slump continues and more of the biggest trends in resi right now
Manhattan condos and co-ops see worst annual sale decline in five years: Elliman

Manhattan condos and co-ops see worst annual sale decline in five years: Elliman

The Manhattan residential market has bounced back from the dark days of the recession. But 2018 was a choppy...

Manhattan condos and co-ops see worst annual sale decline in five years: Elliman
Greenwich condo sales surge as buyers shift toward smaller homes

Greenwich condo sales surge as buyers shift toward smaller homes

As New York City’s condominium market navigates a slump, things are looking rosier in Greenwich. In the fourth quarter,...

Greenwich condo sales surge as buyers shift toward smaller homes
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