Every month I look at Manhattan as a whole and then zoom into the stretch I know best — the midtown south corridor running from Kips Bay up through Murray Hill, into Gramercy, and north into Flatiron and NoMad. It's where value and quality of life intersect for professionals who want Manhattan without the premium of the West Village or the chaos of midtown proper.
I specialize in the midtown south corridor but work with buyers across Manhattan — wherever the right opportunity is for my client is where I go.
Each month I pull data from Perchwell, UrbanDigs, and the Olshan Report and add my own read on what I'm seeing on the ground — what's moving, what's sitting, and where the opportunities are for buyers who are paying attention.
Gramercy · Flatiron · Kips Bay · NoMad · Murray Hill — sourced from OLR closed sales data via the RLS.
March closed at a median 21% above the 12-month average — spring demand is real. Source: OLR · RLS closed sales data.
29 signed contracts at $4M and above in Manhattan — 3 more than the prior week. Condos dominated, outselling co-ops 21 to 7, with one townhouse in the mix.
Condo demand continues to lead the luxury segment. Buyers at this price point are favoring flexibility over the restrictions of co-op board approval.
Source: Olshan Realty Luxury Market ReportA professional networking event for Flatiron & NoMad business owners and stakeholders — intimate setting inside one of the neighborhood's standout venues. I'll be there.
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Reserve Your Free Seat →March closed at a median 21% above the full-year average in this corridor, and that number deserves some honest context. Spring demand is real, but so is the fact that a handful of well-priced listings are doing the heavy lifting. The market is moving — but only for homes that make life easier, not harder. Well-priced, turnkey apartments in buildings buyers trust are trading quickly. Everything else is sitting. That dynamic is playing out in Gramercy, Murray Hill, and Kips Bay right now. The gap between what moves and what lingers has never been more obvious.
Inventory is down and days on market dropped to 74 citywide at the end of last year — which sounds good on paper, but it also means prepared buyers need to move with intention when the right unit appears. The buyers who have their financial statement ready, their pre-approval in hand, and a clear sense of what they're looking for are the ones positioned to act. Everyone else is watching good apartments go to someone else.
The bigger picture: buyers who paused in 2024 and 2025 are beginning to re-engage, and inventory remains constrained in Manhattan resale markets. Rates aren't going anywhere dramatic. Waiting for a perfect entry point has a real cost — and your data shows 1,297 transactions in this corridor over the last 12 months. The market is moving. The question is whether you're in it.
City of Yes — What It Actually Means for Manhattan Buyers
NYC just passed its most significant zoning overhaul in decades. Here's what it changes, what it doesn't, and why buyers in this corridor should be paying attention.
Read the full post →Have questions about what any of this means for your situation? Start with a conversation.
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