Manhattan’s late June springboard By the time this lands in your inbox, the city has baked through a 100° stretch, fireworks are either in the sky or in the rear‑view mirror, and half of New York has already decided they are “out east” in spirit, even if they are still standing on a Midtown sidewalk. It feels like the week when everyone stops thinking about square feet and Continue Reading
Manhattan’s Late‑Spring Balancing Act Manhattan continues to reside in that rare lane where the market is simply doing its thing. Supply remains structurally lean, and contracts remain strong. The spring season is tapering in an orderly way rather than falling off a cliff. The environment feels selectively competitive. Well‑priced, fresh listings command attention, while aspirational or tired Continue Reading
June Prints Feel More Like April June opened with the feel of a full spring market rather than a quiet handoff into summer. Buyers were still out in force at open houses, board packages kept moving through committee, and new listings continued to arrive across the core neighborhoods rather than trickle in. The pace felt deliberate. Sellers tested the market with pricing that nodded to Continue Reading
Spring Rhythm In Motion After a quieter Memorial Day week, Manhattan stepped back into a more familiar late spring rhythm for the week of May 25. Supply kept building as we are moving closer to the summer window, while buyers concentrated in the $1M to $3M range, where monthly payments still pencil in a mid‑6% mortgage world. The result was a market that felt busy again, more choices on the Continue Reading
Co-op contracts close above ask, downtown condos surge, and patience delivers townhouse deals. Manhattan this week feels confident. Buyers stopped waiting. The Upper East Side co-op market flipped the script. Contracts closed above asking prices for the first time in months. Downtown condos crushed expectations, with median contract prices 35% above asking price. Townhouse buyers who have waited Continue Reading
West Village gardens, landmark facades, and buyers who reward irreplaceable stories Manhattan this week feels watchful. The war in the Middle East keeps oil prices elevated. Some buyers wait for clarity before committing millions. Mortgage rates hold steady around 6.25%. Rents remain more than 20% above pre-pandemic levels. Beneath the macro noise, the market moves forward with purpose. Buyers Continue Reading
One chart, many Manhattan cycles The Manhattan price‑per‑square‑foot chart tells a longer, more useful story than any single headline sale. It shows a market that recovered strongly after the financial crisis, pushed higher through the mid‑2010s, then settled into a long sideways stretch that has now lasted roughly a decade. Recent readings near $1,408 per square foot place Manhattan only Continue Reading
Spring inventory, contract‑driven market Spring has arrived in Manhattan. Trees, parks, and streets all show it. This Manhattan weekly real estate snapshot also reflects a clearer market mood. New listings increased again, yet buyers stayed selective. Across the core neighborhoods, 544 new listings competed for 330 signed contracts. That ratio keeps conditions balanced. It favors prepared Continue Reading
Manhattan Weekly Snapshot: Flat Prices, Focused Buyers Spring in Manhattan feels busy when you are in the lobby and strangely calm when you look at the charts. New listings and signed contracts are building in line with the season. The price per square foot has settled into a narrow range that closely resembles the 2016–2018 range. UrbanDigs describes this as “a season of confusion.” Jonathan Continue Reading
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