BUSINESSAMNY
Which NYC neighborhoods top the most expensive list of the year thus far? The devil is in the details.
New York City's real estate market shows a citywide median sale price of $825,000, with neighborhoods like Hudson Yards (median over $6.5 million), Tribeca, and SoHo among the most expensive. Price fluctuations in areas like Central Midtown and Brooklyn Heights are attributed to new developments and specific sales, not broader market shifts.
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- Rent prices hit record-highs in Manhattan and Brooklyn: Report
- The highest-perched penthouse on NYC’s Fifth Avenue sells for $11.5M — its full asking price
- Once asking $45M, NYC penthouse chops its price to $19M — and insiders say it still isn’t cheap enough
- Queens penthouse hovering 70 stories above ground is the highest in the borough — asking $13,350 per month