Rentals Launched at 243 West 28th Street

Rentals have been launched at 243 West 28th Street, aka Ruby, in the Chelsea neighborhood of Manhattan.   This mid-block property is located between Seventh Avenue and Eighth Avenue and sits directly across from the Fashion Institute of Technology.  The Ruby consists of two 22-story towers separated by an interior courtyard.  The property's footprint extends through the block and has frontage on both 28th Street and 29th Street.  The building offers ...

Read More
Land Map of 4 East 49th Street

4 East 49th Street, Manhattan

Permits have been filed for a 29-story mixed-use building at 4 East 49th Street (aka 607-609 Fifth Avenue) at the southeast corner of Fifth Avenue and 49th Street in midtown Manhattan.  The corner parcel is located across the street from two iconic properties, the Saks and Co. building which houses Saks Fifth Avenue and the Rockefeller Center complex.  The proposed 400-foot tall tower will total 192,174 square feet and include both ...

Read More
249 Willoughby Avenue, Brooklyn

Rentals Launched at 249 Willoughby Street, Brooklyn

Rentals have been launched at 249 Willoughby Street, aka Parish House, in the Clinton Hill neighborhood of Brooklyn.  This unique residential property is situated on the grounds of the landmarked St. Mary’s Episcopal Church.   The building offers a serene setting tucked behind the historic church.   A lush private park leads you past the church and guides you to your front door.  It’s almost as though you have left the city ...

Read More

Manhattan | January 2023

According to New York City records, the median price for an apartment in Manhattan for the month of January 2023 was $997,000.  The price represents a decrease of 16.9% from the median price of $1,200,000 recorded in January 2022. The number of apartment sales dropped dramatically from 1056 to 752 reflecting a year-over-year decrease of 28.8%.   January represents the fifth consecutive month that the volume of year-over-year sales have dipped in ...

Read More
Median Sales Price for Brooklyn January 2023

Brooklyn | January 2023

According to New York City records, the median price for an apartment in Brooklyn in the month of January 2023 was $740,000.  The price represents a slight 2.6% drop from last year’s median of $760,000.  The number of sales for the month, however, dropped significantly, plunging from 697 to 349 representing a year-over-year decrease of 50%. What exactly does $740,000 get you in Brooklyn?  Let’s take a closer look. Apartment 2-G at ...

Read More