According to New York City records, the median price for an apartment in Manhattan for the month of May 2023 was $1,205,000. The price represents an increase of 4.8% from the median price of $1,150,000 recorded in May 2022. The number of apartment sales, however, fell from 1,380 to 1,076 reflecting a year-over-year decrease of 22%. May represents the seventh consecutive month that the volume of year-over-year sales have dipped in ...
Read MoreRentals have been launched at 509 Third Avenue, aka The Murray, in the Murray Hill neighborhood of Manhattan. This gleaming highrise development is located at the northeast corner of 34th Street and Third Avenue, two blocks south of the Midtown Tunnel. The Murray rises 36 floors and contains 229 apartments, 58 of which have been set aside as affordable units. The building’s footprint shows 74 feet of frontage along Third Avenue ...
Read MoreThe latest edition of Price Chop looks at a turn-of-the-century full-floor loft in the Soho neighborhood of Manhattan. Apartment 5-C at 117 Prince Street is a 2,400 square foot artist loft with keyed elevator access. The residence features a sprawling 900 square foot great room (49’3”x16’5”), eleven-foot high ceilings and a host of original architectural details. The home is awash in light from four oversized windows on either end of the ...
Read MoreSales have been launched at 310 East 86th Street, aka The Harper, a new residential condominium in the Yorkville neighborhood of Manhattan. The midblock development is located between Second Avenue and First Avenue two blocks west of Carl Schurz Park. The Harper, with its artfully designed limestone facade and oversized family-style apartments, brings a bit of Park Avenue cache to Yorkville. The art-deco designed facade flaunts fluted columns and magnificent casement ...
Read MoreAccording to New York City records, the median price for an apartment in Brooklyn in the month of April 2023 was $780,000. The price represents a 6% drop from last year’s median of $830,000. The number of sales for April, when compared to 2022, fell dramatically, dropping from 596 to 369 representing a year-over-year decrease of 38%. April is the seventh consecutive month that the number of year-over-year sales has dropped ...
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