Manhattan luxury sales surge, listings that linger, & more

By Emily Myers | July 6, 2021 - 10:30AM 


Sales of Manhattan luxury apartments saw a burst of activity in the second quarter, bringing the average resale price up 21 percent (New York Post)

New York ranks as one of the worst cities for first-time buyers, with low scores for housing affordability and cost of living, according to Wallet Hub (press release) 

Listings that linger might present opportunities for buyers in an overheated market (The New York Times)

Thousands of subway trips were canceled due to staff shortages last month—reaching a number not seen since the early days of the pandemic (The City)

Millennials are the generation most concerned about air quality, hazardous chemicals, and mildew in their apartments, according to data from Fixr (press release) 

Edgy design and community art generates a buzz in Rockaway (Architectural Digest)

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