Manhattan | June 2021

According to New York City records, the median price for an apartment in Manhattan in the month of June was $1,184,694. This price represents a 25.4% increase from last year’s median price of $944,000. Not surprisingly, the number of sales increased dramatically, almost 75%, climbing from 754 to 1,317. So, what exactly does $1.184 million get you in Manhattan today? Let’s take a look. Search no further than the Park Loggia at ...

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Brooklyn | June 2021

According to New York City records, the median price for an apartment in Brooklyn in the month of June was $795,000. This price represents an 21.9% increase from last year’s median price of $651,680.  Not surprisingly, due to the pandemic, the number of sales climbed dramatically from 363 to 670, an increase of 84.5%. What does $795K get you in the borough of Brooklyn? Let’s have a look. Apartment 5-F at The ...

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MANHATTAN | MAY 2021

According to New York City records the median price in May for an apartment in Manhattan was a shade over $1.115 million. That’s 13.9% percent higher than last year's median price of $960,000. At the same time, the number of apartments sold dramatically increased from 571 to 1,128, a year-over-year increase of 97.5%. Yes, these numbers are skewed due to the pandemic.  So what does $1.115 million get you in Manhattan?  ...

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BROOKLYN | MAY 2021

According to New York City records, the median price for an apartment in Brooklyn during the month of May was $840,000.  This price represents a 9.4% increase from last year's median price of $767,500.  So, what does $840K get you in Brooklyn at this time? Let’s take a look.  Well, we can tell you it gets you a studio in Brooklyn Heights, but that tidbit alone will only raise eyebrows.  This is ...

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BROOKLYN | APRIL 2021

New York City records show the median price in the month of April for an apartment in Brooklyn was $753,003. This price represents a significant uptick in the median price, just over 10% from  last year’s median price of $682,228. The volume of sales year-over-year jumped considerably from 269 to 488 an increase of 81% So, what does $753,003 get you in the borough of Brooklyn? Today we’ll take a look ...

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