Dear Friends and Clients,

In October, the Manhattan real estate market had a serious PR problem. In the weeks leading up to the mayoral election, headlines were dominated by predictions of a mass exodus, claims that wealthy residents were leaving for the suburbs, and hand-wringing about the city’s fu...

In August 2025, the pace of Manhattan’s housing market slowed, which is typical for late in the summer, but prices held steady month-over-month and remained higher than 2024. Total contracts signed dropped from 898 in July to 811 in August, a 9.7% decrease, but prices remained resilient. The me...