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Manhattan median rent prices set new highs in November, reaching nearly $4,800/month

The West Village. Photo by Ana Lanza on Unsplash

December 11, 2025

Manhattan median rent prices set new highs in November, reaching nearly $4,800/month

By Aaron Ginsburg

Manhattan rents hit new highs again in November, with the median price almost reaching $4,800, a 13 percent year-over-year jump, according to a new report released this week. Prepared by appraisal firm Miller Samuel for Douglas Elliman, the November 2025 Elliman Report shows the median rent price rose more than 3 percent from $4,600 in October. The borough’s average rent climbed to a record $5,686, up nearly 1 percent from last month and almost 13 percent annually, while the average price per square foot reached a new high of $95 after rising 5.6 percent since October and 10.1 percent from last November.
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Real Estate Trends

Prospect Park will get Brooklyn’s first ‘Bluebelt’ to protect area from flooding

Images courtesy of NYC DEP

December 4, 2025

Prospect Park will get Brooklyn’s first ‘Bluebelt’ to protect area from flooding

By Aaron Ginsburg

To protect Prospect Park and nearby Brooklyn neighborhoods from flooding, New York City will spend $68 million on new infrastructure, including the borough’s first Bluebelt. Announced on Wednesday, the investment will fund nature-based solutions—like enhanced lakes and wetlands—to better manage extreme rainfall fueled by climate change. The project will safeguard the Prospect Park Zoo, which closed for eight months in 2023 due to flood damage, and protect surrounding neighborhoods from future flooding.
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Eliot Spitzer’s planned Fifth Avenue condo tower gets height boost

All renderings courtesy of Spitzer Enterprises

November 19, 2025

Eliot Spitzer’s planned Fifth Avenue condo tower gets height boost

By Aaron Ginsburg

Former New York Gov. Eliot Spitzer's proposed Upper East Side condo project, which would replace a 1970s-era rental building with 26 luxury residences, just got a slight height boost. On Tuesday, the Landmarks Preservation Commission approved Spitzer's proposal to raise his planned development at 985 Fifth Avenue from 19 to 20 stories using City of Yes zoning reforms, replacing a 25-story rental building approved for demolition in 2023. Other approved changes include a textured limestone facade, a rear yard extension, and the removal of an adjacent public plaza.
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PATH to get major service boost, but fare will reach $4 by 2029

Credit: LunchboxLarry on Flickr

November 14, 2025

PATH to get major service boost, but fare will reach $4 by 2029

By Aaron Ginsburg

For the first time in 25 years, all PATH lines will operate seven days a week, one of the largest service increases in its history. To help pay for the system improvements, fares are expected to rise to $4 by 2029. On Thursday, the Port Authority of New York and New Jersey released its proposed $45 billion 2026–2035 Capital Plan, which outlines major service upgrades between Manhattan and New Jersey. Improvements include eliminating transfers between Hoboken and the World Trade Center by mid-2026 and increasing weekend service. To fund the plan, the agency is proposing a 33 percent fare increase from the current $3 base fare, rising in 25-cent increments starting next summer and reaching $4 in 2029.
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NYC Ferry unveils new routes, including connection between Brooklyn and Staten Island

Credit: PunkToad on Flickr

November 11, 2025

NYC Ferry unveils new routes, including connection between Brooklyn and Staten Island

By Aaron Ginsburg

Next month, New York City ferry riders will be able to take new direct routes between the Bronx and the Rockaways, and Staten Island and Brooklyn. On Monday, the city’s Economic Development Corporation (NYCEDC) announced that the new service will launch on December 8, addressing long-standing gaps in the ferry network after years of advocacy from Brooklyn and Staten Island officials for direct service between the two boroughs. Another new route will link Throgs Neck to the Rockaways, offering a two-hour trip from the Bronx to the beach.
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Turn this $6.9M Brooklyn Heights three-family townhouse into an urban mansion with original details galore

Photos courtesy of Brown Harris Stevens

October 17, 2025

Turn this $6.9M Brooklyn Heights three-family townhouse into an urban mansion with original details galore

By Michelle Cohen

Asking $6,900,000, the graceful five-story Italianate brownstone at 261 Hicks Street on a picturesque Brooklyn Heights block embodies the neighborhood's historic elegance. Converted in 1969 to a three-family residence, the home spans 4,915 square feet of living space on five floors. The current owners occupy the top four levels with a garden-level flat below; optimize the home's rental potential, including a top-floor apartment, or convert the entire townhouse into a private mansion. Unlike many historic properties, the home's grand architectural details have been maintained, providing a dramatic frame for its 12 light-filled rooms.
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Distinctive Homes

Path to profit: Why Jersey City condos are competing with Brooklyn brownstones

99 Hudson Street is the tallest building in New Jersey. There are over 780 condos across 79 floors; current availabilities start at $778,000. Photo courtesy of COA 99 Hudson, LLC

October 16, 2025

Path to profit: Why Jersey City condos are competing with Brooklyn brownstones

I lived in New York City for 15 years and swore I’d never leave. But when my then-fiance and I found ourselves crammed into an Upper West Side studio (along with two rambunctious cats) when the pandemic hit, we knew we had to make a move. And when we came across a $2,600/month one-bedroom apartment in a brand-new luxury building in Jersey City—complete with floor-to-ceiling windows overlooking the lower Manhattan skyline, two outdoor pools, barbecue grills, and a gym—we simply couldn’t resist.
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Adams targets city-owned sites in Williamsburg and East Harlem for 1,700 homes

Credit: Michael Appleton/Mayoral Photography Office on Flickr

September 25, 2025

Adams targets city-owned sites in Williamsburg and East Harlem for 1,700 homes

By Aaron Ginsburg

Two city-owned sites could be redeveloped into at least 1,700 new homes. Mayor Eric Adams on Thursday said the city will issue requests for proposals for 900 homes at 390 Kent Avenue, one of the last underutilized waterfront sites in Williamsburg, and 800 homes at 1880 First Avenue in East Harlem, currently a parking lot for NYC Health + Hospitals. The two properties were identified through an executive order Adams signed in August 2024, directing city agencies to determine if housing could be built on any properties they owned.
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Canal Street to get ‘super sidewalks’ and other pedestrian upgrades under proposed redesign

All photos courtesy of NYC DOT

September 18, 2025

Canal Street to get ‘super sidewalks’ and other pedestrian upgrades under proposed redesign

By Aaron Ginsburg

Canal Street will soon join the roster of major New York City corridors slated for major upgrades. The city's Department of Transportation plans to redesign the Lower Manhattan thoroughfare from West Street to Bowery with "super sidewalks," which widen the sidewalk across several blocks, a new protected bike lane, and more public space, according to the agency's design proposal. The agency first revealed the project to local stakeholders in August and expects to complete it by next summer.
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Fishs Eddy to open first Brooklyn outpost in Dumbo this fall

Credit: Eden, Janine and Jim on Flickr

September 12, 2025

Fishs Eddy to open first Brooklyn outpost in Dumbo this fall

By Aaron Ginsburg

Fishs Eddy, the cult-favorite Union Square home goods and dinnerware store known for its quirky products, will open its first Brooklyn location this fall in Dumbo. Developer Two Trees Management announced Thursday that the retailer signed a 10-year lease for a 3,800-square-foot outpost at 81 Front Street, about the same size as its flagship at 889 Broadway. The new store will feature vintage finds, one-of-a-kind pieces, and signature Fishs Eddy items.
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17.6 million fewer vehicles have entered Manhattan since congestion pricing launched this year

Photo by Koon Chakhatrakan on Unsplash

September 10, 2025

17.6 million fewer vehicles have entered Manhattan since congestion pricing launched this year

By Aaron Ginsburg

Congestion pricing is (still) working. According to Gov. Kathy Hochul and MTA officials, 2.7 million fewer vehicles entered Manhattan below 61st Street in August, a 14 percent drop that matched June for the largest reduction recorded so far in 2025. The positive data comes about a month before a scheduled federal court hearing in October, where the Trump administration’s attempt to end the tolling system will be decided. Since the program began in January, the number of vehicles entering the zone is down 12 percent, with 87,000 fewer trips each day and 17.6 million fewer vehicles compared to last year.
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145-year-old footbridge connecting Sheepshead Bay and Manhattan Beach reopens after revamp

Credit: NYC DOT on Flickr

August 27, 2025

145-year-old footbridge connecting Sheepshead Bay and Manhattan Beach reopens after revamp

By Aaron Ginsburg

A 145-year-old footbridge connecting Sheepshead Bay and Manhattan Beach has reopened after a long-overdue revitalization. Last week, Department of Transportation Commissioner Ydanis Rodriguez cut the ribbon on the new Ocean Avenue Pedestrian Bridge, originally built in 1880 and last repaired in 1930. As part of the project, in-house crews replaced the deck and walking boards, vertical supports, railings, and stringers, repainted the structure, and restored its decorative lighting.
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Step into 1776 during a Battle of Brooklyn commemoration this weekend

All photos courtesy of The Green-Wood Cemetery

August 21, 2025

Step into 1776 during a Battle of Brooklyn commemoration this weekend

By Devin Gannon

The first, and the biggest, battle of the American Revolution took place in Brooklyn. In August 1776, just weeks after declaring independence from Britain, the first armed campaign for the colonies took place across the borough, through present-day Prospect Park, Fulton Ferry Landing, Fort Greene Park, and Green-Wood Cemetery. While the British soundly defeated the colonies, the historic battle led George Washington to develop a new strategy vital to the eventual win for independence. This weekend, the Green-Wood Cemetery will commemorate the Battle of Brooklyn with historical demonstrations, costumed interpreters, music, and a parade march up Battle Hill.
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12 more NYC subway stations to get accessibility upgrades

Credit: Marc A. Hermann / MTA on Flickr

July 23, 2025

12 more NYC subway stations to get accessibility upgrades

By Aaron Ginsburg

A dozen more New York City subway stations will receive accessibility upgrades under the Metropolitan Transportation Authority's 2025-2029 capital plan. Announced Tuesday, upgrades include new elevators and other ADA-accessible features. The MTA says the new plan aims to make at least 60 percent more stations accessible and ensure that 70 percent of all subway trips begin or end at an accessible station. The accessibility projects are a result of a lawsuit settled by the MTA that required 95 percent of all stations to be accessible by 2055.
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For $2.95M, this Bed-Stuy townhouse is all about the Brooklyn brownstone design aesthetic

Photo credit: Allyson Lubow for Sotheby’s International Realty

July 22, 2025

For $2.95M, this Bed-Stuy townhouse is all about the Brooklyn brownstone design aesthetic

By Michelle Cohen

In the heart of Brooklyn's Stuyvesant Heights Historic District, this 20-foot-wide Neo-Grec brownstone at 408 Macon Street has a history as colorful as its updated and on-trend decor. The townhouse was featured in 6sqft in 2019, when Australian expats Jeremy Andrew–the artist Jeremyville–and creative director Megan Mair renovated and listed the home for $2.7 million. Back on the market for $2,950,000, the home's latest incarnation gets lots of color and creative flair from re-do duo Brownstone Boys.
brownstone lovers, check it out

Distinctive Homes

Astoria’s 31st Avenue gets two-way bike boulevard, more pedestrian space

Images courtesy of NYC DOT

July 7, 2025

Astoria’s 31st Avenue gets two-way bike boulevard, more pedestrian space

By Aaron Ginsburg

The first round of pedestrian and cyclist safety upgrades along 31st Avenue in Astoria is now complete, with more improvements on the way. On Thursday, Department of Transportation (DOT) Commissioner Ydanis Rodriguez announced the completion of the first phase of the corridor’s transformation into a bike boulevard, including a new east-west protected bike connection from Vernon Boulevard to Steinway Street that creates a continuous protected route from Astoria to the Queensboro Bridge. The project also expands pedestrian space, upgrades intersections to slow turning vehicles, and adds new public seating.
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What $1 million gets you in 2025: A borough-by-borough breakdown

July 3, 2025

What $1 million gets you in 2025: A borough-by-borough breakdown

Remember the days when owning a $1 million apartment signified that someone was “rich?” Now, it’s hard to find a decent condo for much less, especially if you need multiple bedrooms or want to be in a desirable neighborhood. But there are hidden gems if you know where to look, and are perhaps willing to sacrifice a few items on your wishlist. Ahead, we’ve found $1 million listings in each borough that might surprise you.
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This year’s ‘Summer Streets’ will run length of Manhattan, with car-free corridor from Brooklyn Bridge to Inwood

Credit: NYC Department of Transportation on Flickr

July 2, 2025

This year’s ‘Summer Streets’ will run length of Manhattan, with car-free corridor from Brooklyn Bridge to Inwood

By Aaron Ginsburg

More than 22 miles of car-free streets will open to New Yorkers for outdoor recreation and summer fun starting this month. On Tuesday, Mayor Eric Adams announced the city's largest ever "Summer Streets" program, which will dedicate select roadways across all five boroughs to pedestrians and cyclists from 7 a.m. to 3 p.m. on five consecutive Saturdays, from July 26 through August 23. Notably, for the first time, Summer Streets will run the length of Manhattan, offering car-free streets from the Brooklyn Bridge to Dyckman Street in Inwood.
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The spirit of Wimbledon comes to Brooklyn Bridge Park

Photo courtesy of AELTC/Mike Lawrence

June 26, 2025

The spirit of Wimbledon comes to Brooklyn Bridge Park

By Aaron Ginsburg

New Yorkers can experience the thrill of Wimbledon in full floral fashion at Brooklyn Bridge Park this July. "The Hill in New York" returns from Friday, July 11 to Sunday, July 13, offering a chance to watch the tennis tournament in an English garden–inspired setting, with the Brooklyn Bridge and NYC skyline as iconic backdrops. Presented by the All England Lawn Tennis & Croquet Club and Brooklyn Bridge Park, the event kicks off on July 11 with a free opening concert by Rita Ora, followed by screenings of the ladies’ singles and gentlemen’s doubles finals on July 12, and the ladies’ doubles and gentlemen’s singles finals on July 13. Admission is free via an online ballot, which is open through July 1.
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Events & Things To Do

$8.9M restoration of Brooklyn’s Grand Army Plaza Arch is complete

Photos courtesy of NYC Parks / Malcolm Pinckney

June 6, 2025

$8.9M restoration of Brooklyn’s Grand Army Plaza Arch is complete

By Devin Gannon

A Brooklyn icon has been restored. The Soldiers' and Sailors' Memorial Arch at Grand Army Plaza reopened on Thursday following a $8.9 million renovation, the city's Parks Department and the Prospect Park Alliance announced. The two-year project replaced the arch's roof, cleaned and replaced the brick and stone structure, repaired interiors, including the cast-iron spiral staircase, and added new lighting. The landscape surrounding the arch was also revitalized with new plants, trees, paving, and an accessible curb cut.
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Architecture And Design

Hop on and off vintage NYC subway trains in Brooklyn this weekend

Credit: NY Transit Museum

June 6, 2025

Hop on and off vintage NYC subway trains in Brooklyn this weekend

By Aaron Ginsburg

The New York Transit Museum’s beloved Parade of Trains returns this weekend, giving New Yorkers a rare chance to ride the rails in vintage style. Rolling out on Saturday, June 7 and Sunday, June 8, the event features three iconic trains from the museum’s collection, offering a glimpse into what it was like to ride the New York City subway more than a century ago. The vintage trains will run from Brighton Beach’s B and Q platforms and the Manhattan-bound B and Q platform at Kings Highway, operating from 11 a.m. to 4 p.m. each day. Admission is free with subway fare.
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New public space and skateboarding section open as part of revitalized Brooklyn Banks

Photos courtesy of Michael Appleton/Mayoral Photography Office on Flickr

June 5, 2025

New public space and skateboarding section open as part of revitalized Brooklyn Banks

By Aaron Ginsburg

Two more acres of public open space have opened beneath the Brooklyn Bridge in Chinatown, as part of the revitalization of skateboarding mecca Brooklyn Banks. Mayor Eric Adams on Thursday announced the expansion of "The Arches," along with an additional $50 million in funding to further enhance the park with new amenities, including public seating, plantings, lighting, and other upgrades. The new section includes a refurbished "Big Banks," which has been closed to skateboarders since 2010. The city began revitalizing and gradually reopening it as a public space in May 2023.
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Macy’s 4th of July fireworks back to the Brooklyn Bridge and East River this year

Fireworks at the Brooklyn Bridge in 2014, view from Pier 17. Photo by Jason Zhang on Wikimedia

June 4, 2025

Macy’s 4th of July fireworks back to the Brooklyn Bridge and East River this year

By Aaron Ginsburg

After lighting up the Hudson River last year for the first time in over a decade, Macy's 4th of July Fireworks will return to the East River. Mayor Eric Adams on Wednesday announced the 49th annual show will launch from four barges surrounding the Brooklyn Bridge, near the South Street Seaport, lighting up the night sky with a spectacular display of thousands of fireworks. Prime viewing spots will be in parts of Manhattan, Queens, and Brooklyn, with the city expected to launch a lottery for free public viewing tickets in the coming weeks.
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Events & Things To Do

Brooklyn Heights’ iconic Hotel Bossert sells for $100M, to become apartments

Streetview of 98 Montague Street, Map data © 2019 Google

June 3, 2025

Brooklyn Heights’ iconic Hotel Bossert sells for $100M, to become apartments

By Aaron Ginsburg

A historic Brooklyn Heights hotel once dubbed the "Waldorf-Astoria of Brooklyn" has sold for $100 million, with plans to convert the storied property into residences. The iconic Hotel Bossert, located at 98 Montague Street, was acquired by real estate investment and development firm SomeraRoad, according to city records registered Wednesday and first reported by Crain's. In a statement to the Brooklyn Daily Eagle, the firm said it "plans to honor the property’s rich history and to restore and reopen the building as residences."
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Real Estate Trends

4, 5, and G subway lines to get expanded cell service

Credit: Marc A. Hermann / MTA on Flickr

May 29, 2025

4, 5, and G subway lines to get expanded cell service

By Aaron Ginsburg

More subway riders will soon no longer have to wait until their train reaches the next station to get cell service. During the MTA’s monthly committee meetings on Wednesday, CEO and Chair Janno Lieber announced that 5G coverage will be added to the 4 and 5 train tunnels between Bowling Green in Manhattan and Borough Hall. Expanded service is also planned for the G line between Court Square and Hoyt-Schermerhorn. Both projects are expected to be completed within one to two years, according to Lieber.
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