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Real Estate

The market, the development pipeline, and the rooms where the biggest New York deals get done.

real estate

Manhattan's Luxury Condo Market Just Posted Its Slowest Quarter Since 2020

Closings above $4 million dropped 31% year-over-year in Q1 2026, per Olshan Realty's quarterly compilation — the slowest first quarter since the pandemic shutdown.

By Jasper Linwood April 21, 2026

real estate

Inside the Long Island City Office-to-Residential Conversion Boom

Seven Long Island City projects totaling 4,200 units have filed conversion permits since the 467-m program took effect — making the neighborhood the single largest beneficiary of the new tax abatement.

By Jasper Linwood April 15, 2026