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 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.
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'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.
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