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AUGUST 2026 MANHATTAN MONTHLY TAKE |
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August in Manhattan can be deceptive. On the surface, the city quiets down as people head out of town and open houses thin out. But underneath, August is prep season. The fall market, which begins just after Labor Day, is typically New York’s busiest. The sellers who are best positioned are getting ready now.
Our take: Sellers can use August to prepare, price, and position for fall. Buyers can take advantage of the summer lull and motivated sellers.
Heading into fall, the luxury market remains steady. Last week, 21 Manhattan contracts were signed for properties priced at $4 million and above, up from 18 the previous week. Interestingly, the total was notably higher than the same week in 2025, 2024, 2023, and 2022, signaling stronger momentum in the luxury market.
We remain busy showing our listings at the Westbury, 15 East 69th Street, and submitting offers on behalf of our buyers. Congratulations to our buyer who closed last week at the Bayard House, 203 East 72nd Street! |
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Want to learn more about the market? |
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Read on and get our August Take: |
| ✦ New Development: 260 East 72nd Street ✦ Food News: Freshly Baked: New Bakery Openings 🍞 ✦ Celeb Real Estate Buzz ✦ NYC Home & Lifestyle Trends: FroYo Comeback🍦
Let’s talk soon, Stacey and Julie |
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| ✦ Designed by Peter Pennoyer Architects ✦ Developed by Simon Dushinsky of Sky Equity Group ✦ Architect of Record: Hill West Architects ✦ 20-story residential building ✦ 60 condominium units ✦ 2-5 bedroom layouts, some balconies and terraces ✦Amenities: Fitness Center, Lap Pool, Spa, Sauna, Golf Simulator, Children’s Playroom, Lounge, Dining room with Catering Kitchen, Landscaped Courtyard, Roof Terrace, Pet Spa and Storage & Parking available for purchase ✦ Slated sale launch fall 2026 and date of completion summer 2027.
*Photo credits to the building website |
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Freshly Baked: New Bakery Openings 🍞 |
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| | ✦ Tatte Bakery and Cafe: Tatte brings a chic European café vibe to NYC and is quickly becoming a favorite for coffee, brunch, and everything in between. Think flaky pastries, artisanal breads, Mediterranean-inspired bites, and seriously good coffee! 315 Park Avenue (@ E. 24th Street)
✦ Maison Des Princes: A little taste of Paris in Midtown! This charming French café serves up buttery crêpes, house-made pastries, fresh pasta, and café favorites, all with a touch of French flair. Perfect for a leisurely breakfast, coffee date, or afternoon treat! 9 East 53rd Street (btwn Fifth and Madison)
✦ Mellow & Melt Bakeshop: A cozy neighborhood bakery in Park Slope serving freshly baked treats, indulgent desserts, and comforting favorites. Their creative sweets and beautifully crafted baked goods make it a must-stop for satisfying your sweet tooth! 412 Fifth Avenue (btwn 7th and 8th) |
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| Celeb Real Estate Rundown |
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✦ Zach Weller SOLD a penthouse at 73 Wooster St. for $26M: Phillies ace, Zack Wheeler just sold his SoHo penthouse. The four-bedroom suite has a chef’s kitchen, a wine vault, and a rare 3,008-square-foot private rooftop terrace complete with a pergola, an outdoor kitchen, a bocce court, and multiple lounge areas.
✦ Andy Cohen SOLD a penthouse duplex at 2 Horatio St. for $10.5M: Playwright Danny Strong spent $10.5M to call Andy Cohen’s NYC penthouse home. This stunning four-bedroom, 4.5-bath residence boasts Empire State Building views, a sculptural staircase, marble fireplaces, and a gold-tiled bar.
✦ Adam Driver SOLD 20 Henry Street for nearly $5M: Adam Driver finds a buyer for a nearly $5M Brooklyn loft days after hitting the market. The 6-room layout has 3 bedrooms, 2.5 bathrooms, and a separate study, plus building amenities including a gym and cold storage. |
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FroYo is making a Manhattan comeback in 2026, and it is all about premium quality, Greek yogurt flavor, and topping-driven. Some of our top picks:
Mimi’s Aussie inspired, made with kefir and real fruit purées, especially famous for their pistachio cream and Nutella toppings. 231 Lafayette Street-NoLita 84 University-Greenwich Village
Myka Originated in Madrid, made with kefir, and known for its Mediterranean toppings of pistachio, honey, olive oil, and baklava. 159 7th Avenue-West Village 1270 6th Avenue-Rockefeller Center
Culture A true yogurt flavor, and not too sweet, for people who love the natural taste of yogurt 60 W 8th Street |
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How is the Luxury Market YTD? Residential Properties In Contract $4MM and above |
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Which Kanbar Kopel Team Listing is your Favorite? |
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| 15 East 69th Street, Apt. 7A |
| 4 BD | 3.5 BA | $7,195,000 | Active |
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| | | | 2 BD | 5 BA | $3,995,000 | Active |
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| | | 5 BD | 5 BA | $4,995,000 | In Contract |
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| | 203 East 72nd Street, Apt. 16D |
| 5 BD | 2 BA | $1,999,000 | In Contract |
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| | | | 1 BD | 1 BA | $1,450,000 | In Contract |
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| 135 West 4th Street, Apt. 2W |
| 2 BD | 2 BA | $2,550,000 | Sold |
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| 203 East 72nd Street, Apt. 22A |
| 2 BD | 2 BA | $1,995,000 | Sold |
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| | | 35 East 85th Street, Apt. 2AN |
| Alcove | 1 BA | $529,000 | Sold |
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| | 2 BD | 2 BA | $7,995 | Rented |
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| | 3 BD | 4 BA | $6,200,000 | Sold |
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| | | | 2 BD | 2 BA | $4,650,000 | Sold |
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| | 4 BD | 4 BA | $4,500,000 | Sold |
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| | | | 2 BD | 3 BA | $4,250,000 | Sold |
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| | 2 BD | 3 BA | $3,700,000 | Sold |
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| | | | 3 BD | 2 BA | $2,600,000 | Sold |
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| | | 3 BD | 3 BA | $2,395,000 | Sold |
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| | | | 2 BD | 3 BA | $2,195,000 | Sold |
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| | 2 BD | 2 BA | $1,695,000 | Sold |
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| | | | 2 BD | 2 BA | $1,525,000 | Sold |
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| | 2 BD | 2 BA | $1,395,000 | Sold |
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| | | | 3 BD | 2 BA | $1,350,000 | Sold |
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| | 1 BD | 1 BA | $749,000 | Sold |
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| | | | 1 BD | 1 BA | $535,000 | Sold |
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| | 6 BD | 12 BA | $16,000,000 | Sold |
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| | 8 BD | 10 BA | $12,000,000 | Sold |
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| | | | 4 BD | 5 BA | $4,999,999 | Sold |
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| | 3 BD | 4 BA | $4,375,000 | Sold |
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| | | | 3 BD | 4 BA | $4,300,000 | Sold |
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| | 4 BD | 4 BA | $4,250,000 | Sold |
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| | | | 4 BD | 4 BA | $3,712,500 | Sold |
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| | 3 BD | 3 BA | $2,500,000 | Sold |
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| | | | 2 BD | 2 BA | $2,475,000 | Sold |
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| | 3 BD | 3 BA | $2,395,000 | Sold |
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| | | | 2 BD | 2 BA | $2,275,000 | Sold |
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| | 1 BD | 1 BA | $1,900,000 | Sold |
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| | | | 2 BD | 2 BA | $1,850,000 | Sold |
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| | 3 BD | 2 BA | $1,400,000 | Sold |
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| | | | 2 BD | 3 BA | $1,325,000 | Sold |
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| | 2 BD | 2 BA | $1,300,000 | Sold |
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| | | | 1 BD | 1 BA | $499,000 | Sold |
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Want to see more listings? |
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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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