Who owes NYC’s pied-à-terre tax, who is exempt, what the court ruling changed, and when the first bill is due on January 1, 2027. A plain-English guide.
Manhattan closed 2,596 apartment sales in Q2 2024, up 45% from Q1. Michael J. Franco on luxury contracts, Midtown East value, and the election pause.
Manhattan contracts rose 8% and sales 2% in Q3 2024 as inventory sat 10% below average. Michael J. Franco on luxury gains and falling price per sq ft.
Manhattan signed contracts jumped 22% in Q4 2024 as the median fell 4% to $1.1M. Michael J. Franco on what drove the surge and what came next.
Manhattan closed sales rose 5.2% in Q2 2025 and $10M+ sales jumped 66.7%. Michael J. Franco on condos vs. co-ops, tight inventory, and cash buyers.
In Manhattan, the buyer usually pays the mansion tax, which is 1% of the full price on any home of $1 million or more,...
High maintenance fees in Manhattan are not automatically a red flag, and sometimes they are the point. A monthly charge...
Yes, and the numbers are clear. Today, the wealthiest 1% of American households control 32.5% of all household wealth in...
With 18 years of Manhattan experience and $1.56 billion in career sales, Michael J. Franco helps first-time buyers...
Listing between Thanksgiving and New Year's can work in Manhattan. Michael J. Franco on who should list now, who should wait, and how to make the call.
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Lower Manhattan is home to some of the most expensive real estate in the United States, with the broader Manhattan...
Manhattan buyers searching downtown real estate often find themselves going back and forth between Greenwich Village...
The median home sale price across Manhattan, NY sits around $1,311,000, with properties spending roughly 73 days on the...
Manhattan's overall median sale price is currently around $1.31 million, and homes spend an average of 73 days on the...
Manhattan's median sale price currently sits around $1,311,132 as of late summer 2026. The luxury market operates on an...
Chelsea sits on the west side of Manhattan, NY - roughly 14th Street to 34th Street, with the Hudson River to the west...
Manhattan's median home sale price sits around $1.31 million, which puts many of the best neighborhoods in Manhattan...
Manhattan's overall median home sale price sits around $1.31 million. That number prices a lot of buyers out of many of...
Manhattan breaks down into dozens of neighborhoods, and each one has its own housing personality and price reality....
Greenwich Village sits on the west side of Lower Manhattan, and if you've spent any time here, you already know it...
As one of the best neighborhoods in Manhattan, the East Village sits on the east side of Lower Manhattan, bounded...
The West Village sits along the lower west side of Manhattan, NY, and the first thing you'll notice - even before you...
The Lower East Side sits south of 14th Street on the eastern edge of Manhattan - a dense residential district where...
The Upper West Side sits between Central Park and Riverside Park, which means most residents here have immediate access...
The Upper East Side sits between Central Park and the East River - one of the more established residential pockets in...
Michael J. Franco breaks down Manhattan's Q3 2026 real estate market: sales volume, median prices, inventory, and what it means for buyers and sellers.
Michael J. Franco breaks down how mortgage rates actually work, what the Federal Reserve does and does not control, and how buyers at different price points in Manhattan should be thinking about rate sensitivity right now.
Michael J. Franco breaks down why the fall real estate market in Manhattan creates a rare window for buyers — more inventory, less competition, and more motivated sellers — and how to take advantage of it before it closes.
On the 25th anniversary of September 11, Michael J. Franco examines how Lower Manhattan transformed from a deserted financial district into one of New York City's most dynamic residential neighborhoods — and what it tells us about the future of the city.
Michael J. Franco on why September in Manhattan is unmatched — the energy, the culture, the weather, and why the fall real estate market is one of the best windows of the year for serious buyers and sellers.
With over 824 career transactions and a data-driven approach to the market, Michael J. Franco has solidified his...
These are two cities that almost everyone has an opinion about before they've looked at a single listing. It helps to...
Manhattan real estate moves on its own terms. As buyers weigh the pros and cons of living in Manhattan, proximity to...
With a median sale price around $1,450,000, most buyers weighing the pros and cons of living in Manhattan are...
Manhattan's climate shapes daily life in ways that ripple straight into real estate decisions. In fact, weather...
New York City's overall cost of living index sits at 187.2, making it one of the most expensive places to live in the...
If you're weighing the pros and cons of living in Manhattan against Brooklyn, you're asking the right question - and...
Manhattan is the core of the New York–Newark–Jersey City, NY–NJ Metropolitan Statistical Area, and it's been anchoring...
The median home sale price in Manhattan, NY sits around $1,450,000 as of mid-2026. While there are many pros and cons...
The median home price in Manhattan, NY sits around $1,450,000, and that number tends to focus buyers' minds on a...
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