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 MoreHard to imagine an apartment of this size, for this price, in this neighborhood. But this co-operative residence, in the heart of the Lincoln Square District, offers more than 1000 square feet just steps from the world’s finest cultural institutions, recreational playgrounds and most expensive homes - think Billionaire's Row and 15 Central Park West. Apartment 2-C at 44 West 62nd Street (aka Lincoln Plaza Towers) is now being offered for ...
Read MoreAccording 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 ...
Read MorePark Avenue South, particularly the blocks just south of Grand Central Station, are often overlooked. But to those of us that know Murray Hill and take the walk south along this world renowned avenue, these streets are as divine as those uptown. Ten Park Avenue at the northwest corner of 34th Street and Park, is one of our favorite buildings along this walk. This elegant art-deco structure opened in 1931 as ...
Read MoreIt's not too often that we get to write about a gorgeous Maisonette apartment with Prospect Park as its front yard. This prewar residence, located in one of Brooklyn’s most revered buildings, 35 Prospect Park West, offers the virtues of co-op living while providing a touch of privacy. We’d be remiss if we didn't place this gem in the latest edition of our “Apartments We Love” series. And just in case ...
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