"Hudson Yards has once again claimed the crown as New York City's most expensive neighborhood, with a median sale price just shy of $6 million."
"Despite a 21-percent year-over-year price dip, Hudson Yards edged out perennial power players, maintaining its status as a real estate flex since 2019."
"TriBeCa roared back to #2 with a median sale price of $4.15 million, driven by blockbuster condo deals and a significant increase in transactions."
"39 NYC neighborhoods surpassed the $1 million median mark this quarter, with Manhattan and Brooklyn each claiming 23 spots on the top 50 list."
Hudson Yards holds the title of New York City's most expensive neighborhood with a median sale price just under $6 million, despite a 21-percent year-over-year decline. It remains a luxury destination since its 2019 debut, outperforming other neighborhoods like TriBeCa and SoHo. TriBeCa returned to the number two spot, with a 43-percent price increase to $4.15 million. A total of 39 neighborhoods surpassed the $1 million mark this quarter, and Manhattan Beach recorded a significant price surge of 197 percent, showcasing real estate dynamics across the city.
Read at Time Out New York
Unable to calculate read time
Collection
[
|
...
]