The WPJ

New York City

Manhattan Housing Slump Deepens in Q1, Luxury Demand Stands Out

Manhattan's residential market proved resilient in the first quarter of 2026 despite severe winter storms, weaker sentiment and a sharp drop in new listings, with luxury properties helping soften the slowdown, according to the Compass Q1 2026 Manhattan Market Report.

U.S. Commercial Mortgage Debt Approaches $5 Trillion

U.S. commercial and multifamily mortgage debt climbed to a record near $5 trillion at the end of 2025, underscoring continued lending activity even as higher borrowing costs reshape underwriting standards.

Flexible Workplaces Become Core U.S. Office Infrastructure

According to new data by Yardi Kube, the U.S. coworking sector posted another year of strong expansion, reinforcing its transition from a niche workplace alternative into a core component of the modern office market.

Manhattan Office Market Surges to Post-Pandemic High in 2025

Manhattan's office leasing market closed 2025 on a high note, registering its strongest quarterly activity since the end of 2019, as tech-driven demand, shrinking availability, and rising rents signal a sustained recovery heading into 2026.

New York City Property News












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