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Market Reports

Read up on the real estate updates here.  Feel free to contact me with questions or if you want to discuss the current market.

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Q3 2022 - Manhattan Market Report

The latest quarterly Manhattan residential data shows resilience as the market normalizes after a hyperactive 2021. High-interrest rates and record inflation deter those at more attainable price points, but buyers are willing to pay in all price categories when priced right.

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Weekly Manhattan Luxury Report September 12-September 18, 2022

The Manhattan luxury real estate market, defined as all properties priced $5M and above, saw 8 contracts signed this week, made up of 5 condos, 1 co-op, and 2 houses. The previous week saw 5 deals. For more information or data, please reach out to a Compass agent.   

Unit PH90 at 35 Hudson Yards entered contract this week, with a last asking price of $49,500,000. This full-floor penthouse condo spans 10,171 square feet with 5 beds and 8 full baths. It features 360-degree river and city views, a 454 square foot private terrace, a corner kitchen with custom cabinetry, a library/office, a home gym, a northwest corner primary bedroom with en-suite baths and dual dressing rooms, and much more. The building provides a fitness center, a meditation room, a business center and boardroom, a screening room with wet bar, and many other amenities.

Also signed this week was Unit PH7N at 169 Hudson Street in TriBeCa, with a last asking price of $16,990,000. Originally built in 1915 and renovated in 2002, this penthouse condo spans 5,095 square feet with 4 beds and 4 full baths. It features approximately 2,500 square feet of private outdoor space, a private keyed elevator, an open floor plan, heated hardwood floors, a wood-burning fireplace, a custom-designed kitchen, and much more. The building provides a 24-hour attended lobby, a fitness room, residential storage, a live-in super, and many other amenities.

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Rental Market Report - August 2022

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