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Follow us on social media for your Manhattan real estate, food & lifestyle news |
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SEPTEMBER 2026 MANHATTAN MONTHLY TAKE |
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We agree with our colleague Leonard Steinberg that many of the summer’s headlines focused on the poorly executed rollout of the pied-à-terre tax which has drawn criticism from both sides, particularly over privacy concerns surrounding the public release of nearly one million homeowner names and addresses.
However, there are other important headlines as the Fall market approaches, such as the strength of the trophy market! As per the Olshan Report, 218 Manhattan properties priced at $10 million+ have gone into contract so far this year, compared with 202 during the same period last year. An increase of 16 deals, or about 7.9%, year-over-year.
New York’s economic fundamentals also remain strong. The city is leading the U.S. and Canada in tech job creation, high-paying industries continue to diversify, and office leasing is robust. Despite political uncertainty, New York remains a global magnet for talent, capital and opportunity—with a resilience that transcends any one administration.
Looking forward to seeing what September brings!
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Want to learn more about the market? |
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Read on and get our September Take: |
| ✦ New Development: MAISON 171 by ELIE SAAB - 171 E 86 ✦ Food News: Our Fav Israeli Restaurants ✦ Celeb Real Estate Buzz ✦ NYC Home & Lifestyle Trends: Cheese Shops in Manhattan 🧀
Let’s talk soon, Stacey and Julie |
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MAISON 171 by Elie Saab 171 East 86th Street/Third Avenue |
| ✦ Architect: Skidmore, Owings & Merrill ✦ Developed by ZD Jasper ✦ Collaboration with fashion designer Elie Saab ✦ 17-story residential building ✦ 24 condominium residences with 3-4 bedrooms ✦ Most homes with private terraces/loggias ✦ Amenities: Full-time Doorman, Fitness Center, Bike Room, Screening Room, Golf Simulator, and Music Practice Room ✦ Sales launch: August 2026 ✦ The anticipated date of completion: 2027
*Photo credits to the building website |
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| | ✦ Shmoñe: Tucked away in Greenwich Village, SHMONÉ is an intimate Michelin-starred Eyal Shani gem serving bold flavors, seasonal ingredients, and beautifully plated dishes. Definitely stop for a glass (or 2) of wine next door before or after dinner at the new Shmone wine bar that just opened in February. 61 W 8th Street (btwn 6th and MacDougal)
✦ 12 Chairs Cafe: With locations in Soho and Williamsburg, this bustling spot offers Israeli comfort food and Middle Eastern flavors in a warm and inviting atmosphere. Creamy hummus, crispy falafel, shakshuka, and fresh salads are our go-to items. 342 Wythe Ave (btwn S 1st and S 2nd) 56 MacDougal St (btwn Prince and Spring)
✦ Motek: Is quickly becoming the place to be for a super fun, lively, and delicious Israeli meal. 3 locations in Flatiron, the West Village, and the newly added Midtown West are a testament to its popularity. Our favorite dishes are the cauliflower with harissa honey, the crispy eggplant, and the baked lemon branzino. 928 Broadway (btwn 20th and 21st) 184 Bleecker St (btwn MacDougal and Sullivan) |
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| Celeb Real Estate Rundown |
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| Our top picks for Cheese Shops in Manhattan 🧀 |
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| *Photo credits to the website whatahost.co.uk |
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A beautifully curated cheese platter can be the perfect centerpiece when having cocktails with friends. See below for three of our go-to Manhattan cheese shops to create the ultimate cheese board.
✦ Ideal Cheese Shop: Features a curated selection of artisan cheeses designed for the perfect pairing. 942 1st Ave, New York, NY 10022
✦ 67 Gourmet: 67Gourmet celebrates the art of fine food with an exceptional selection of artisan cheeses and gourmet delights from around the world. 194 Columbus Ave, New York, NY 10023
✦ Murray's Cheese Shop: More than just a cheese shop; it’s a New York tradition, offering expertly aged cheeses, rare finds, and a taste of Greenwich Village’s culinary history. 254 Bleecker St, New York, NY 10014 |
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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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| | 4 BD | 3.5 BA | $7,195,000 | Active |
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| | | | 2 BD | 2.5 BA | $3,995,000 | Active |
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| | 5 BD | 5 BA | $4,995,000 | In Contract |
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| | | 1 BD | 1 BA | $1,450,000 | In Contract |
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| | | | 2 BD | 2 BA | $1,995,000 | In Contract |
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| | 2 BD | 2 BA | $1,995,000 | Sold |
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| | | | 2 BD | 2 BA | $2,550,000 | Sold |
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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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| | 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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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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