Nov 04, 2022
Legal Effects of COVID-19 on NYC Commercial Leases
Even after the substantial effect that COVID-19 had on the economy, governments have not publicly changed their stance on how to handle such situations.
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Manhattan Market Overview
No. of residential properties
289,167
No. of commercial properties
14,673
No. of upcoming foreclosures
18
No. of foreclosures in the past 12 months
150
| Q4/2021 | Q1/2022 | Q2/2022 | Q3/2022 | |
|---|---|---|---|---|
| Median sale price | $1,150,000 | $1,175,000 | $1,220,000 | $1,137,892 |
| Q4/2021 | Q1/2022 | Q2/2022 | Q3/2022 | |
|---|---|---|---|---|
| Sales volume | $5.4B | $1.1B | $1.7B | $1.2B |
| No. of transactions | 208 | 114 | 163 | 125 |
| Address | Sale price | Sale date |
|---|---|---|
| 441 Ninth Ave 2 | $1,033,000,000 | 12/17/2021 |
| 149 Columbus Ave | $931,000,000 | 03/18/2022 |
| 8 Spruce St Rr/R | $930,000,000 | 06/15/2022 |
| 626 First Ave | $837,000,000 | 03/01/2022 |
| 51 W 52nd St | $760,000,000 | 10/13/2021 |
| Address | Tax amount | Tax year |
|---|---|---|
| 220 Central Park S 50 | $830,759 | 2022-2023 |
| 22 E 71st St | $685,216 | 2022-2023 |
| 25 Columbus Cir Sph76 | $563,010 | 2022-2023 |
| 217 W 57th St 129 | $472,836 | 2022-2023 |
| 15 E 81st St | $431,416 | 2022-2023 |
This page was last updated on 2022-10-26
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Nov 15, 2022
Top 100 Most Expensive U.S. Zip Codes: 2022 Shatters Last Year’s Records with 14 Zip Codes Surpassing $4 Million Median
As Atherton closes in on $8M median, 13 more zips post medians over $4M. In fact, only a fifth of the top priciest zips post medians under $2M.
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Oct 26, 2022
5 Ways Building Owners Can Go Green in NYC
5 cost-effective ways for New York City building owners and boards to progress towards the milestones required by Local Law 97.
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