Median sales price in Brooklyn climbs to $995,000 in the second quarter

… Brooklyns median sales price continued to flirt with the $1 million mark amid … report said that total new development inventory climbed 151 percent year over year driven by older sponsor units …

By Jennifer White Karp |July 10, 2025 - 10:03AM
Manhattan median rent rose to $4,625 in June for another record-breaking month

… June was another recordbreaking month for the New York City rental market underscoring the pain felt by renters signing new leases Manhattan median rent rose to a

By Jennifer White Karp |July 10, 2025 - 9:30AM
Manhattan deals rose to highest level in nearly two years, defying national trends

… The US real estate market may be in the absolute dumps but Manhattan deals are … in almost five years … Generational wealth transfers … Compasss second quarter Manhattan sales market report said … transfers are driving momentum at the highend of the market Compasss report said Highend buyers will be enormous …

By Jennifer White Karp |July 2, 2025 - 9:30AM
Manhattan median rent spiked 6 percent to $4,500 in April

… leases in Manhattan last month likely experienced sticker shock from sharply higher rents Median rent for the borough … at least a quarter of renters were willing to pay more than landlords were asking to land their apartments The New York City rental market …

By Jennifer White Karp |May 15, 2025 - 9:00AM