Category Archives: Real Estate Trends

Rudy Giuliani has sold his Upper East Side penthouse for under $5 million, marking another price cut for the residence once slated to be turned over to two Georgia election officials as part of a lawsuit. As first reported by Crain’s, the former New York City mayor and Trump attorney sold the three-bedroom unit at […]

The post Rudy Giuliani sells Upper East Side penthouse for under $5M first appeared on 6sqft.

A penthouse in the West Village listed for $87,500,000 has found a buyer, potentially becoming the most expensive apartment ever sold in downtown Manhattan. As first reported by The Real Deal, the duplex apartment at 140 Jane Street, a boutique condominium currently under construction, measures roughly 9,500 square feet and features six bedrooms and seven […]

The post $87.5M West Village penthouse enters contract, could be new downtown record first appeared on 6sqft.

Today’s real estate headlines are typically dominated by new renderings of geometric glass towers designed by big-name architects and the latest record-setting penthouse sales. But not all New Yorkers are in search of floor-to-ceiling windows and rooftop pools. Some prefer ceiling medallions, cozy fireplaces, and creaky floorboards. And these nostalgia seekers are a bigger part […]

The post Everything old is new again: Why NYC buyers are choosing pre-war apartments over new developments first appeared on 6sqft.

A prominent New York City developer wants to convert a 32-story Billionaires’ Row office tower into over 300 apartments, joining the city’s growing wave of office-to-residential conversions. As first reported by Commercial Observer, TF Cornerstone will convert Tower 57 at 135 East 57th Street into 350 apartments, 25 percent of which would be affordable to […]

The post TF Cornerstone plans to convert Billionaires’ Row office tower into 350 apartments first appeared on 6sqft.

It’s been 20 years since The New York Times reported that city officials voted “to let developers turn the decaying north Brooklyn waterfront, with its relics of Brooklyn’s industrial past, into a neighborhood of residential towers with a parklike esplanade along the East River.” In the two decades since, this version of Williamsburg was replaced […]

The post The rise of the next Williamsburg: How Gowanus went from eyesore to eye-popping prices first appeared on 6sqft.

It’s been eight years since the city’s first commuter ferry set sail, and in that time, it’s completely transformed the way New Yorkers think about real estate. “The NYC Ferry has absolutely shifted the real estate landscape, especially in pockets of the city that weren’t always considered commuter-friendly,” says Michelle Griffith, luxury real estate broker at […]

The post New commute, new demand: NYC Ferry fuels housing boom on the waterfront first appeared on 6sqft.

The future of Gowanus is looking expensive. Developed and designed by Avery Hall, 544 Carroll Street launched leasing this week for 133 apartments, including a duplex that could go for as much as $25,000/month. As first reported by the New York Post, the four-bedroom measures nearly 2,400 square feet plus outdoor space and surpasses the […]

The post Gowanus luxury rental 544 Carroll launches leasing, including $25K/month duplex first appeared on 6sqft.

New York City’s first wave of office-to-residential conversions could yield over 17,000 new apartments, highlighting the potential for such projects to help ease the city’s housing shortage, according to a new report. Published on Thursday by City Comptroller Brad Lander, the report finds that 44 office conversions initiated after the pandemic could transform 15.2 million […]

The post NYC’s first wave of office-to-residential conversions could create over 17,000 new homes, report says first appeared on 6sqft.