Manhattan condo values fell over the past decade. Here’s why rents are still rising

Manhattan condo values fell over the past decade. Here’s why rents are still rising

From July 2024 to July 2025, 1 in 3 condos sold in Manhattan sold at a loss, according to luxury real estate firm Brown Harris Stevens. Experts say this dynamic is somewhat typical in a city with high selling fees and high tax rates. What is unusual is the borough’s wavering property values over the … Read more