The complete 2026 framework for buying a Manhattan apartment — costs, co-op vs. condo, board approval, mansion tax, Local Law 97. By a Manhattan broker since 2013.

Q1 2026 Manhattan contracts are down but prices held. Deals aren't breaking on price — they're breaking on buildings, boards, banks, and momentum.

Manhattan luxury co-ops and condos face Local Law 97 fines, climbing operating costs, and tighter lending in 2025. The hidden costs of holding luxury, decoded.