https://www.compass.com/agents/nyc/j-hoffman/

Julie Hoffman Compass Real Estate NYC, 110 Fifth Avenue, 3rd Floor, New York, NY (2026)

05/30/2026

🏙️ Manhattan Weekly Luxury Report | May 18–24, 2026 | Trends Across All Price Points + Brooklyn Insights, Expert Insights for Prospective Buyers and Sellers & MORE!

740 Park Avenue Tops Manhattan. The Pied-à-Terre Tax Is Now Law. Brooklyn Sets a Speed Record.

🔹 29 luxury contracts signed at $4M+, down 9 from the prior week
🔹 Condos outsold co-ops 17–9
🔹 Two condops and one townhouse in the mix
🔹 The 10-year average for the week before Memorial Day is 29 contracts, exactly last week’s total

💡 Did You Know? There is wealthy. There is very wealthy. And then there is 740 Park Avenue. The board reportedly requires applicants to show at least $100 million in liquid assets, and even that is no guarantee. Barbra Streisand, Barbara Walters, Elizabeth Taylor, and Neil Sedaka were all turned down.

🏢 Top Contracts
1️⃣ 740 Park Avenue, Unit 6/7D | — $22M asking 14 rooms | 5 Bed | 5 Bath | Duplex co-op Childhood residence of Jacqueline Kennedy Onassis and home to John D. Rockefeller Jr.

2️⃣ 50 West 66th Street, Unit 41W | — $16.7M asking 2,816 SF | 3 Bed | 3.5 Bath | Multiple exposures The fifth time this year a unit at 50 West 66th Street has taken a top 2 spot.

📊 Manhattan Trends Across All Price Points 264 contracts signed last week, slightly fewer than the prior week but 34 more than the same week last year.

💡 NYC Pied-à-Terre Tax Update New York State has officially enacted the NYC Pied-à-Terre Surcharge, effective July 1, 2026. Full breakdown in the link below.

Luxury Sets Its Fastest Pace of 2026 32 contracts signed at $2M+, up from 25 the prior week. Made up of 20 condos, 1 co-op, and 11 houses. Average days on market hit 46 days, the lowest of the year.

1️⃣ Top Contract - 100 6th Avenue, — $6,250,000

📰 Sources: | | |

✅ Read the Full Report in my Stories or HERE ➡️ https://www.compass.com/notifications/emails/c21a8b98-f61d-49f9-b77b-6c8351e76a9b.html?email=%recipient.email%&unsubscribe_agent=%recipient.unsubscribe_agent%

05/23/2026

🏙️ Manhattan Weekly Luxury Report | May 11-17, 2026 | Trends Across All Price Points + Brooklyn Insights, Expert Insights for Prospective Buyers and Sellers & MORE!

Manhattan Luxury Is Not Slowing Down
🔹 38 luxury contracts signed at $4M+, up 2 from the prior week
🔹 Condos outsold co-ops 25 to 7
🔹 1 condop and 5 townhouses in the mix

💡 Did You Know? The luxury market has registered more than 30 contracts signed in 7 of the last 8 weeks. Year to date, the number of contracts signed is up 3.7% over the same period last year.

🏢 Top Contracts
1️⃣ PHA — $25.77M | 5,932 SF | 7 Bed | 7.5 Bath | Central Park views | Designed by | 75 foot pool, cinema, spa, kids club, music room with recording studio | Only 2 units remain, both penthouses

2️⃣ 146 Waverly Place, — $23.5M | 8,159 SF | 5 stories | 3 Bed | 2 Bath | 3 powder rooms | Elevator, gym, home theater, garden, rooftop terrace | Reduced from $24.5M | Seller paid $17.4M in 2019

📊 Manhattan Trends Across All Price Points
268 contracts signed last week. 13 more than the week before and 11 more than the same time last year. Dollar volume up 3% week over week and up 14% year over year. The median asking price was $1.5 million. The right apartment, priced right, is moving. For sellers, the market is in your favor. For buyers, hesitation has a cost.

🏘️ Brooklyn Luxury Pulls Back After Two Weeks at the Top
25 contracts signed at $2M+. The previous week saw 37 deals. Made up of 7 condos, 5 co-ops, and 13 houses.

1️⃣ 181 President Street, — $8,250,000 | An exceptional single family townhouse offering privacy, light, and refined modern living.

📰 Sources: Olshan Report , Chief Economist @ Compass

✅ Read the Full Report HERE ➡️ https://www.compass.com/notifications/emails/ee870ff8-8cb9-4145-bbad-bc8785c797ca.html?email=%25recipient.email%25&unsubscribe_agent=%25recipient.unsubscribe_agent%25

📞 Let’s start a conversation.
Julie Hoffman
|
M: 917.275.3570 E: [email protected]
Residential Condo & Co-op Resales · Expert Guidance for Sellers and Buyers

05/22/2026

The housing market is finally moving. Inflation just showed up to ruin it.
The May is out and the details are worth reading.

▪️The hiring rate rebounded to 3.5% in April after sitting at pandemic-era lows in March. Relocation-for-work is one of the biggest drivers of housing demand. More hiring means more people moving. That matters.

▪️Mortgage rates are at their highest levels of the year. War-driven uncertainty has sent energy prices sharply higher and those inflation impacts are only just hitting the economy now. Do not look to the Fed for relief until that trend turns.

▪️ The AI boom is already showing up in San Francisco home prices and rents. The open question is whether that wealth effect spreads to the rest of the country or whether middle America feels a cash crunch from inflation instead. That plays out this summer.

▪️ Inventory has stopped growing nationally after years of increases. If it continues to decline, that implies price stability in 2027. That would surprise most market watchers.

▪️Austin and Dallas are worth watching. After four relentless years of climbing inventory and downward price pressure, supply in both cities is now below last year and falling. A turnaround may finally be near.

✅ See the full report with charts in my STORIES or HERE ➡️ https://www.compass.com/notifications/emails/2177dfd5-d4bf-426b-bbe3-acf1bedeb330.html?email=%25recipient.email%25&unsubscribe_agent=%25recipient.unsubscribe_agent%25

Source: Chief Economist, International Holdings

Julie Hoffman @ Compass
|
M: 917.275.3570 E: [email protected]

05/16/2026

Manhattan Weekly Luxury Report | May 4-10, 2026 | Trends Across All Price Points + Brooklyn Insights, Expert Insights for Prospective Buyers and Sellers & MORE!

🏙️ A Condo at the Much-Anticipated Flatiron Building Conversion Snagged the Priciest Deal in Manhattan Last Week.

🔹 36 luxury contracts signed at $4M+, up 7 from the prior week
🔹 Condos outsold co-ops 25–9
🔹 1 condop and 1 townhouse in the mix

💡 Did You Know? The Flatiron Building is lit up for the first time in its 124-year history. As the scaffolding comes down, a permanent exterior LED lighting system designed by L’Observatoire International is subtly illuminating the building’s sculptural detailing for the first time ever.

🏢 Top Contracts
1️⃣ 175 Fifth Avenue, Unit 8 North — $17.625M 3,889 SF | 4 Bed | 4 Bath | 43’ x 22’ great room | Madison Square Park views

2️⃣ 993 Fifth Avenue, 4th Floor — $15.25M Upper East Side | 12 rooms | 6 Bed | 6.5 Bath | Metropolitan Museum views Reduced from $19.25M since March 2024.

📊 Manhattan Trends Across All Price Points
255 contracts signed last week.
More than the prior week. More than this time last year. Average time on market fell below 90 days for the first time since last April. The right apartment, priced right, is moving fast.
➡️ For sellers, this is the market you have been waiting for.
➡️ For buyers, hesitation has a cost.

📰 Sources: Olshan Report & TRD

✅ Read the Full Report in my STORIES or HERE: ➡️ https://www.compass.com/notifications/emails/09ea1e8a-793c-4a2f-a275-0e12a8b04d10.html?email=%25recipient.email%25&unsubscribe_agent=%25recipient.unsubscribe_agent%25

📞Let’s start a conversation
Julie Hoffman
Manhattan | Brooklyn
M: 917.275.3570
E: [email protected]
· Residential Condo & Co-op Resales · Expert Guidance for Sellers and Buyers · New Development | International Client Services | National & Global Referral Network

05/08/2026

Luxury Report | Residential Contracts Signed | $4M+ | April 27 to May 3, 2026 | 29 Contracts Signed

🔹 Condos outsold co-ops 18 to 5
🔹 6 townhouses in the mix
🔹 29 contracts still outpaced the same week in 2025, 2024, and 2023

🏛 No. 1 — 34-36 East 70th Street | $24.5M hashtag | 12,500 SF | 5 stories | 37 feet wide | Gutted with Landmark-approved plans | Reduced from $36M

🏛 No. 2 — PHS at 459 West Broadway | $13.995M hashtag | Duplex loft | 4 BR | 4.5 BA | 3 fireplaces | 18-foot ceilings | Private terrace with hot tub

💡 Across all Manhattan price points, 252 contracts were signed last week. Mortgage applications are up 21% year over year. Buyers are already in motion.

⚠️ New York’s proposed pied-à-terre tax on second homes over $5M dropped with no legislative text, no tax rates, and no details. This is a proposal, not a law. But the political timing is different this time. If you own or are considering a luxury second home in Manhattan, this conversation needs to happen now.

🏙 Brooklyn quietly logged $156 million in luxury contracts last week. Its best week since 2020.

✅ Full report below or in my STORIES
➡️ https://www.compass.com/notifications/emails/f1cb1955-5c33-41cd-9667-3f769637b61c.html?email=%25recipient.email%25&unsubscribe_agent=%25recipient.unsubscribe_agent%25

Newsletter Sources: Governor Hochul’s Office, NYC Mayor’s Office, NYC Comptroller’s Office, Leonard Steinberg (Compass) & Jason Haber (Compass, Co-Founder of the American Real Estate Association)

Julie Hoffman @ Compass
Manhattan | Brooklyn
M: 917.275.3570
E: [email protected]
Residential Condo & Co-op Resales | Expert Guidance for Sellers and Buyers New Development | International Client Services | National & Global Referral Network

04/28/2026

Happy 13th birthday to my 6.5 lb little man.
My earth, my moon, my stars. 🐩🤎🎂

04/27/2026

What Every Seller Should Know Before Their Home Goes to Market

Most sellers find out too late. Here is what you need to know first.

▪️ , , and are all owned by the same company. Their updated policies directly affect how and when your listing appears. This is not a small footnote. It is a strategic decision that deserves a real conversation before you commit to anything.

⚠️ Nothing damages a seller’s position more than a public price adjustment.

The moment a home takes a price cut, it enters a new category in every buyer’s mind. Negotiating leverage erodes. Days on market accumulate. What started as a strong listing becomes a question mark.

Getting the positioning right before your home goes public is one of the most important decisions you will make in the entire selling process.

🏛 At , you have a choice in how your home is introduced to the market. A phased approach, starting with a private network of agents and buyers, gives you a real opportunity to sell before your home ever hits the public market, sometimes above asking.

If that does not happen, the feedback gathered tells us exactly where to price your home before it goes live. When that moment comes, your home appears across all major portals simultaneously.

💬 If you are even thinking about selling, let’s talk before you make any decisions.

The conversation is free. The information is invaluable.

✅ Learn more here ➡️ https://www.compass.com/private-exclusives/agents/j-hoffman/ or in my STORIES.

Julie Hoffman @ Compass
|
M: 917.275.3570
E: [email protected]
Residential Condo & Co-op Resales | Expert Guidance for Sellers and Buyers New Development | International Client Services | National & Global Referral Network

04/24/2026

Luxury Report | Residential Contracts Signed | $4M+ | April 13–19, 2026
39 Contracts Signed

🏙️ What Mamdani Effect? The Ultrarich Are Snapping Up More $10 Million-Plus Homes in NYC Than Ever.

🔹 39 luxury contracts signed at $4M+, up 1 from the prior week
🔹 Condos dominated co-ops 28–4
🔹 7 townhouses in the mix

💡 Did You Know?
Ten contracts were signed at $10 million and above last week, contributing to the strongest year-to-date trophy market total since this report began in 2006. Year to date, 126 contracts have been signed at $10 million and above versus 90 in the same period last year. 💡For context, 117 trophy contracts were signed in the same period in 2021, which was a historic record-breaking year.

🏢 Top Contracts
1️⃣ , PH76 — $45M
Midtown | 6,512 SF | 4 Bed | 4.5 Bath | Central Park views
Reduced from $54.6M since launching off floor plans in 2016.

2️⃣ 50 West 66th Street, Unit 56N — $35.5M
Upper West Side | 4,878 SF | 4 Bed | 5.5 Bath | Central Park views
The fourth time this year a unit at 50 West 66th Street has taken a top 2 spot.

📰 Sources: and

✅ See the full report and more: Manhattan weekly trends across all price points, Brooklyn top deals, seller insights, and local happenings in my STORIES or
➡️ https://www.compass.com/notifications/emails/4ef877f0-89f4-49f5-a0b4-0f395b8e8c30.html?email=%25recipient.email%25&unsubscribe_agent=%25recipient.unsubscribe_agent%25

✅ Let’s start a conversation
Julie Hoffman
|
M: 917.275.3570
E: [email protected]
· Residential Condo & Co-op Resales
· Expert Guidance for Sellers and Buyers
· New Development | International Client Services | National & Global Referral Network

04/18/2026

Luxury Report | Residential Contracts Signed | $4M+ | April 6–12, 2026

38 Contracts Signed
🏙️ Upper West Side Condos Dominate Manhattan’s Luxury Market Last Week

🔹 38 luxury contracts signed at $4M+, up 7 from the prior week
🔹 Condos outsold co-ops 24–11
🔹 3 townhouses in the mix

Did You Know?
Twelve condo contracts were signed on the Upper West Side last week, the largest weekly UWS total since May 19–25, 2025, when 13 were signed during the biggest week of 2025 with 55 contracts overall.

🏢 Top Contracts
1️⃣ 50 West 66th Street, Unit 40N — $23.5M
| 3,395 SF | 4 Bed | 4.5 Bath | Central Park views
The second time since March this building has taken the top spot.

2️⃣ 16 Fifth Avenue, 16th Floor — $16M
| 3,727 SF | 3 Bed | 4.5 Bath | designed
Christopher Peacock kitchen cabinets with a 14-foot island.

Sources: Compass,

✅ See the full report and more: Manhattan weekly trends across all price points, Brooklyn top deals, national insights, and expert guidance for co-op buyers and sellers
➡️ in my Stories or https://www.compass.com/notifications/emails/f2ad19fb-e6c6-4e33-b43b-c3aa8d506906.html?email=%25recipient.email%25&unsubscribe_agent=%25recipient.unsubscribe_agent%25

✅ Let’s start a conversation
Julie Hoffman
Manhattan | Brooklyn
M: 917.275.3570
E: [email protected]
· Residential Condo & Co-op Resales
· Expert Guidance for Sellers and Buyers
· New Development | International Client Services | National & Global Referral Network

04/17/2026

This will do 🌊🐾🐾

Julie Hoffman Compass Real Estate NYC

05/30/2026

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