We're pleased to present Compass' Q1 2024 Manhattan Market Report, a look at sales activity from the first three months of the year.
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For the first time ever, in 2023 Compass was the #1 brokerage in New York City in terms of closed sales dollar volume and closed transactions.
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Grocery shopping in Manhattan is about to get a serious upgrade. The highly anticipated Wegmans Astor Place supermarket opens next Wednesday, October 18th. From their impeccably curated selection of fresh produce to their gourmet prepared foods, Wegmans offers a shopping experience like no other.
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Last week Manhattan beat Brooklyn in terms of an increase in signed contracts and closed sales.
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More buyers are out looking at homes, and as we predicted it's finally showing up in the data.
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It's just about peak holiday season, and the market is doing what it always does - slowing down. Here’s what we would do if we were planning to sell or buy our home.
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The Manhattan market has slowed. It's not due to a lack of supply. Where we are below trend is demand.
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Manhattan is in buyers' market territory. We're noticing more price adjustments, and colleagues say fewer people are coming to see their listings. What does that mean?
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Supply is rising and pending sales are falling. Does that mean the market is flooded with desperate sellers and prices are plummeting? Nope.
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While it's infinitely worth it, the process of buying a co-op apartment can be a pain in the a**. A major hurdle is the co-op's financial requirements. We recently helped some clients purchase a co-op for their child, who was new to the city and didn't have the resources to do it on their own . Here's the workaround we employed.
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We've been driving home the same message for several weeks now: despite the war in the Ukraine and rising interest rates, the Manhattan sales market remains strong.
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This artfully designed home provides an abundance of the three things on every New Yorker's craves - space, light, and storage.
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The current four year labor agreement, covering door personnel, porters, handypersons, superintendents and others, is set to expire on April 20, 2022.
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Manhattan sales "at or above" the asking price have been steadily increasing.
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A look back at the 2021 Manhattan real estate market, and some predictions for 2022.
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