Monthly Take - April 2026

KANBAR KOPEL APRIL 2026 MONTHLY NEWSLETTER

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Manhattan real estate, food & lifestyle news

APRIL 2026

MANHATTAN MONTHLY TAKE

Manhattan's luxury market continues to weather storms.

Last week, 33 contracts were signed for properties priced at $4 million and above, which is 4 more than the previous week. Condominiums outsold cooperatives by a significant margin of 23 to 5, with 5 townhouses also sold.


Despite ongoing challenges, such as the war in Iran, increasing mortgage rates, and a decline in the stock market, the luxury market has remained stable. In fact, the first quarter of Manhattan's luxury real estate market is on track to be the 4th best performance in the past decade.


*The Olshan Report


Want to learn more about the market?

Read on and get our APRIL Take:

✦ New Development: 67 Irving Place

✦ Food News: 🍽️ Best Greek Restaurants 🍽️

✦ Celeb Real Estate Buzz

✦ NYC Home & Lifestyle Trends: πŸ›’ The β€œbest of” grocers πŸ›’


Let's talk soon!

Stacey and Julie

New Development

67 Irving Place

(Btwn 18th and 19th Street)

✦ Developer: CIM Group

✦ Architect: Morris Adjmi Architects

✦ Beaux Arts former printing factory built in 1910

✦ 11 full-floor residences with 47’ frontage on Irving Place

✦ Top-of-the-line finishes and appliances with 10’ ceilings

✦ Amenities include: 24-hour doorman, full-time building manager, screening room, fitness center, roof-top lounge with outdoor kitchen and children’s playroom.

β€‹βœ¦ Estimated date of completion: Summer 2027

​

*Photo credits to the building website

🍽️ Best Greek Restaurants 🍽️

✦ Anassa Taverna: This classic Astoria favorite is known for its delicious, yet simple dishes in a casual and relaxed atmosphere. The sea bass skewers and the Halloumi grilled cheese with orange, honey and sesame are among the highlights. Astoria Boulevard (btwn 28th and 29th Street)


✦ Pylos: This rustic East Village gem with distinctive clay pot decor is the kind of neighborhood place where you can usually just walk in with friends and get last minute seats at the bar. The fried zucchini, grape leaves and pita with dips and a great glass of wine is all you need. 128 East 7th Street (btwn 1st and Avenue A)


✦ Elea: Dishes such as the Lahanosalata and the grilled whole Lavraki showcase bright, seasonal Greek flavors, while Chef Moschos β€œAkis” Tzanakakis brings a modern approach to classic recipes inspired by Greece’s coastal cuisine. 215 West 85th Street (btwn Broadway and Amsterdam Avenue)

​

Celeb Real Estate Rundown

✦ Annie Leibovitz SOLD 495 West Street for $19.5M: The 3‑bed, 3.5‑bath, 4,700‑square‑foot duplex features expansive windows and sweeping Hudson River views, making it a striking West Village residence.


✦ Ivana Trump's Estate SOLD 10 East 64th Street for $14M: The 6‑story, 8,725‑SF 5-bed, 5-bath boasts extremely lavish and customized details, including a leopard print library and a Versailles-inspired dining room.


✦ Gracie Abrams PURCHASED PH18EF at 1 Fifth Avenue for $4.5M: The 18th‑floor penthouse, 2‑bed, 2‑bath, ~2,000‑SF residence includes 2 spacious terraces with breathtaking skyline views.


πŸ›’The β€œbest of” grocersπŸ›’

✦ Happier Grocery: Fuel your body with the pure organic essentials from and enjoy curated nutrient-dense finds delivered straight to your door.

365 Canal Street (btwn W Broadway and Wooster Street)


✦ Meadow Lane: Savor NYC's finest farm-to-table prepared foods and seasonal local produce. This premier gourmet marketplace also offers a custom floral studio too.

355 Greenwich Street (btwn Franklin and Harrison Street)


✦ Pop-up Grocer: Discover the most viral and innovative brands-The ultimate destination for what’s trending in food.

205 Bleecker Street (corner of Minetta and Bleecker Street)


How is the Luxury Market YTD?

Residential Properties In Contract $4MM and above

Source: Olshan Report

Co-op

2026: 83

2025: 72

Condo

2026: 230

2025: 256

Condop

2026: 6

2025: 3

Townhouse

2026: 45

2025: 13

Total Contracts

2026: 364

2025: 370

Avg. Price Reduction

2026: 7%

2025: 10%

Avg. Days On Market

2026: 615

2025: 767

Which Kanbar Kopel Team

Listing is your Favorite?

Coming Soon Listings

Off 5th Avenue Upper East Side Condo

4 BD | 4 BA

Featured In Contract

2 BD | 2 BA | $2,600,000 | In Contract

Alcove | 1 BA | $529,000 | In Contract

Featured Active Listing

2 BD | 2 BA | $849,000 | Active

Featured Transactions

3 BD | 4 BA | $6,200,000 | Sold

2 BD | 2 BA | $4,650,000 | Sold

4 BD | 4 BA | $4,500,000 | Sold

2 BD | 3 BA | $4,250,000 | Sold

2 BD | 3 BA | $3,700,000 | Sold

3 BD | 2 BA | $2,600,000 | Sold

3 BD | 3 BA | $2,395,000 | Sold

2 BD | 3 BA | $2,195,000 | Sold

2 BD | 2 BA | $1,695,000 | Sold

2 BD | 2 BA | $1,525,000 | Sold

2 BD | 2 BA | $1,395,000 | Sold

3 BD | 2 BA | $1,350,000 | Sold

1 BD | 1 BA | $749,000 | Sold

1 BD | 1 BA | $535,000 | Sold

6 BD | 12 BA | $16,000,000 | Sold

8 BD | 10 BA | $12,000,000 | Sold

4 BD | 5 BA | $4,999,999 | Sold

3 BD | 4 BA | $4,375,000 | Sold

3 BD | 4 BA | $4,300,000 | Sold

4 BD | 4 BA | $4,250,000 | Sold

4 BD | 4 BA | $3,712,500 | Sold

3 BD | 3 BA | $2,500,000 | Sold

2 BD | 2 BA | $2,475,000 | Sold

3 BD | 3 BA | $2,395,000 | Sold

2 BD | 2 BA | $2,275,000 | Sold

1 BD | 1 BA | $1,900,000 | Sold

2 BD | 2 BA | $1,850,000 | Sold

3 BD | 2 BA | $1,400,000 | Sold

2 BD | 3 BA | $1,325,000 | Sold

2 BD | 2 BA | $1,300,000 | Sold

1 BD | 1 BA | $499,000 | Sold

Want to see more listings?

Office: 646-982-0353
Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
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