#nyc-real-estate

#nyc-real-estate

The units are at the center of an ownership dispute between Harry Macklowe and CIM Group. Macklowe had lost the condos last year when he defaulted on the mortgages he took out from CIM to buy the units. The developer paid about $47 million for the units along with a smaller pad on the 28th floor, which is not included in the latest sale. Serhant's Glenn Davis and Nicholas Compagnone had the off-market listing. The buyer was 78 Purchaser LLC.

Buying a home in New York City has rarely been described as "relaxed," but 2026 is quietly shaping up to be one of the most buyer-friendly years in recent memory-at least in the right neighborhoods. According to a new analysis from StreetEasy using listing data from December 2025 , rising inventory and falling asking prices are finally giving buyers something they haven't had in years: options. The real estate platform's annual list of the 10 best NYC neighborhoods for buyers highlights areas where the balance of power is shifting from sellers to people ready to move.

For under a million dollars, one can find all sorts of housing configurations: park- and subway-adjacent studios, one-bedrooms hidden in carriage houses or former shoe factories, and even the occasional true two-bedroom. We're combing the market for particularly spacious, nicely renovated, or otherwise worth-a-look apartments at various six-digit price points. This week, a one-bedroom in Williamsburg with strong Marfa vibes and a top-floor corner unit right off Vanderbilt Avenue in Prospect Heights.

New York City continues to draw buyers, whether it's for a chic loft in SoHo or a classic townhouse on the Upper East Side. In July 2025, the median sale price rose to $900,000, up 4.7% year-over-year, while the median days on market fell to 52. Some home features in New York that have been trending up include a fireplace, having a great view, an in-unit washer and dryer, storage, and a roof deck.

According to Theiss' research, the Brooklyn-to-Staten Island migration came from just four neighborhoods - Sunset Park, Bensonhurst, Borough Park and Bay Ridge - and was most likely fueled by a disparity in real estate prices. Redfin's data showed that Brooklyn's median home sale price hovered at $850,000 in the first five months of 2025, while the average Staten Island home fetched approximately $712,000 during the same span.