In most Manhattan neighborhoods at today's mortgage rates and rent levels, buying breaks even with renting somewhere between year 4 and year 7 — assuming you stay put, the apartment doesn't sit on the market when you sell, and you actually use your tax deductions. Below that horizon, renting almost always wins. Above it, buying almost always wins. The decision isn't the calculation; the decision is whether you can confidently say you'll be in this apartment past your break-ev

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

Across Manhattan’s most coveted corridors—from Central Park West to Billionaires’ Row—a quiet recalibration is underway. Between July 2024 and July 2025, nearly one in three condominium resales traded below their previous purchase price, marking a decade-long repricing of luxury. Eight notable addresses reveal how today’s market is rewriting assumptions about appreciation.

Amid rising tariffs and market uncertainty, even NYC’s luxury real estate is feeling the strain. A $10.25M Lenox Hill deal just collapsed, reflecting buyer hesitation. With mortgage rates spiking and construction costs climbing, now more than ever, broad listing exposure is key.

Manhattan’s office market is booming in 2024, with record leasing, AI firm growth, and shifting hybrid work trends reshaping the city.

Hello Friend, Welcome to our September 2024 update on Manhattan’s real estate market. This month, we’re seeing shifts driven by interest rates, evolving buyer preferences, and even changes in living arrangements—like the rise of “boommates,” as highlighted in a recent Bloomberg article. Whether you're buying, selling, or renting, understanding these trends can help you make informed decisions in today’s market. Market Overview: Resilience Despite Economic Challenges Manhattan

This is Corey Cohen, founder of The Roebling Group, and here's a glimpse into recent real estate news. Good Cause Eviction Law and IAI Changes Shake Up Landlord-Tenant Dynamics Governor Kathy Hochul recently signed significant legislation affecting New York’s rental market, including the Good Cause Eviction Law. This law, effective April 20, 2024, requires landlords to have "Good Cause" to evict tenants and applies to all NYC residential apartments (with the option for other

Lately I've been seeing first Open Houses flush with purchasers - who are also feeling rather flush after two years of saving and stock market growth - in search of a deal. This has been generating multiple bids on appropriately priced apartments given the dearth of available units. Similar to the supply chain issues impacting other areas of the economy there is simply not enough inventory for buyers who are eager to lock in some value on a home while inflation picks up. Pric