NYC Luxury Market Watch: Week of June 15, 2026
28 luxury contracts and $204M signed in Manhattan the week of June 15-21, 2026. The top deals, the trend, and the Elevated take on where the market is headed.
Renting a $50K+ Luxury Apartment in NYC
At the top of the market, renting is a strategy, not a fallback. How the $50,000-a-month NYC rental market actually works, why the best apartments never hit StreetEasy, and how to win one.
Off-Market or Public? The NYC Luxury Seller’s Playbook
The real question is not public or private. It is which approach gives you the most control over privacy, price, timing, and leverage. How off-market and public sales actually work in NYC, and the hybrid sequence that usually wins.
NYC Co-op Buyers: The New Application Timeline Law Starting July 28, 2026
Starting July 28, 2026, NYC co-op boards face hard deadlines: 15 days to acknowledge a purchase application, 45 days to decide. The buyer side of the most consequential change to NYC co-op buying in a generation.
Local Law 11: What NYC Buyers Should Check First
Local Law 11 can wrap your future building in scaffolding for years and put a five-figure assessment on your statement. Before you sign, here is what NYC luxury buyers should check: a building’s FISP status, its facade plan, and who actually pays for the repair.
NYC Co-op Boards and the Pied-à-Terre Tax: What Boards Should Be Asking
If you serve on a NYC co-op board, the pied-à-terre tax is the building’s problem, not just the shareholder’s. The mechanics are not fully clarified, and the worst-case exposure is at the corporation level. Here is what boards should be discussing with counsel now.
How to Reduce NYC Buyer Closing Costs in 2026
NYC buyer closing costs run 2 to 5 percent of the purchase price. The biggest lines (mansion tax, mortgage recording tax, title insurance) are not reducible directly, but they are highly sensitive to deal structure. Six tactics that consistently save serious money.
Buying a Manhattan Townhouse: A 2026 Buyer’s Guide
A Manhattan townhouse is a different transaction than a condo or co-op: no board, full building ownership, a longer diligence list, and a market that frequently trades off-list. What serious buyers should know before making an offer.
NYC Mansion Tax 2026: Rates, Brackets, and Who Pays
The NYC mansion tax runs from 1% on a $1M condo to 3.9% on a $25M+ townhouse, applied as a cliff to the entire purchase price. The buyer pays it. Here is how the brackets work, where the cliff hurts most, and how to plan around it.
Condo vs. Co-op in NYC: Which Is Right for a Pied-à-Terre?
For a NYC pied-à-terre, condo vs. co-op is usually decided before you tour a single apartment. Most co-op boards restrict part-time, non-primary-residence use. Here is how the two compare.
Buying NYC Real Estate as a Foreign or Non-Resident Buyer
Yes, foreign nationals can buy NYC real estate with no residency requirement. The practical guide to which buildings accept you, how to pay, and the taxes non-resident owners overlook.
NYC Pied-à-Terre Tax 2026: Status, Rates, and What It Means for Owners
What the NYC pied-à-terre tax is now that it has passed, who pays, the rates and exemptions, and the phase-two trap that hits many condo and co-op owners in 2028.
Off-Market Real Estate in NYC: How It Works
What "off-market" means in NYC, why sellers and buyers use it, and how to get access, from a team that has closed over $500 million off-market.