Manhattan | July 2021

According to New York City records, the median price for an apartment in Manhattan in the month of July was $1,195,000. This price represents a 12.1% increase from last year’s median price of $1,050,000. Not surprisingly, the number of sales increased 107.3%, climbing from 655 to 1,358.  What exactly does $1.195 million get you in Manhattan? Let’s take a look.  Apartment 21-E at Gramercy Park Towers at 205 Third Avenue is a ...

Read More

Brooklyn | July 2021

According to New York City records, the median price for an apartment in Brooklyn in the month of July was $805,000. This price represents a 36.4% increase from last year’s median price of $590,064. The number of sales increased a whopping 95.6%, climbing from 317 to 620.  So, what does $805K get you in the borough of Brooklyn?  Since the number of apartments sold in July was an even number, we ...

Read More

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 ...

Read More

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 ...

Read More

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?  ...

Read More