Articles on Market Report

New York in the Running to Dethrone London’s Housing Market

Famous Tiffany clock outside Grand Central Terminal.

Photo via Wikipedia Commons user SpoilMeWith

This year Manhattan hit a new milestone, with apartments reaching an average sales price of $1 million for the very first time. The city's inventory is also on the rise, with the most number of newly constructed condos hitting the Manhattan market since 2007.

Makes Sense: Report Shows New Constructions Are Driving Market

Even before 2015 began, real estate news outlets had commented on the beginnings of a cooldown in New York’s real estate market — the market’s growth would continue steadily, albeit at a more even keel than in the few boom years that preceded it.  On Monday, the 4Q 2014 Elliman Report was released, which illustrated a more accurate picture of the market.  The take home message: Manhattan’s ultraluxe new developments are driving the market.

Who Made the List? 10 Most Expensive Manhattan Buildings

15 Central Park West

Sometimes it's not easy to let go of the past. We enjoyed 2013 so much that we wanted to give it one last look, this time by seeing what Manhattan buildings were the most expensive. We went through the data of closed sales and compiled this list of the most expensive buildings by average price per square foot.