How Did Manhattan Real Estate Perform in the Third Quarter of 2026?
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.

According to a report by NYC’s HPD and Department of City Planning, New York City faces a shortfall of 700,000 homes over the next decade. Explore how historic building booms like the 1920s tax exemption compare to today’s inventory crunch—and what real estate scarcity means for buyers, sellers, and property values in Manhattan.
Manhattan co-ops now trade at a 20% to 35% discount compared to condos. Explore the historical evolution of cooperative housing—from Gilded Age "French Flats" to modern board requirements—and discover why co-ops present exceptional value for primary residence buyers seeking pre-war architecture and spatial efficiency.
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.
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 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.
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.
While $1 million remains a significant sum, inflation has dramatically eroded its purchasing power over time. Discover how inflation alters property value, why a fixed-rate mortgage can turn inflation into an asset, and how unadjusted thresholds like NYC's 1989 Mansion Tax impact today’s Manhattan real estate market.
Key Takeaways for Sellers The First Impression Advantage: In the New York City real estate market, a property's...
Pessimism! Especially if you ask Morgan Housel, author of The Psychology of Money, which I just finished reading over...
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