Hudson Yards, which opened to the public within the past year, is the most expensive neighborhood in all of New York City, according to a new report.
"Hudson Yards has officially become the priciest neighborhood in New York City," reports Lizeth Beltran.
Beltran is sharing the findings of a new report by PropertyShark, and online real estate search and property information platform.
"The neighborhood in Manhattan took the top spot during the third quarter of 2019 by a significant margin, with a median sale price of $5 million— dethroning TriBeCa for the first time in seven quarters, which had a median sale price of $2.4 million," according to Beltran.
Beltran's coverage of the report includes a lot more details on the other expensive neighborhoods in New York City. As for why Hudson Yards has suddenly catapulted into the top spot, we'll have to look elsewhere. The incredibly expensive price tag for building the Hudson Yards development could explain some of the cost of now living and working there. There is also plenty of deliberately exclusionary tactics built into the development. There have also been reports of a growing number of wealthy people renting apartments while waiting for the price to buy to drop.
FULL STORY: Hudson Yards becomes priciest neighborhood in the city
Scandal: Large-Scale Developments Approved Without Architect's Involvement
A New York Times investigation has revealed evidence of a development company repeatedly misleading the New York City Department of Buildings.
Suicides Prompt New Public Access Rules for the Vessel at Manhattan's Hudson Yards
The Vessel is reopening after closing for four months due to a rash of suicides.
New York Real Estate Market Shows First Signs of an Uneven Recovery
New data make it possible to trace outline of COVID-19's footprint on the Big Apple real estate market.
What ‘The Brutalist’ Teaches Us About Modern Cities
How architecture and urban landscapes reflect the trauma and dysfunction of the post-war experience.
‘Complete Streets’ Webpage Deleted in Federal Purge
Basic resources and information on building bike lanes and sidewalks, formerly housed on the government’s Complete Streets website, are now gone.
The VW Bus is Back — Now as an Electric Minivan
Volkswagen’s ID. Buzz reimagines its iconic Bus as a fully electric minivan, blending retro design with modern technology, a 231-mile range, and practical versatility to offer a stylish yet functional EV for the future.
Healing Through Parks: Altadena’s Path to Recovery After the Eaton Fire
In the wake of the Eaton Fire, Altadena is uniting to restore Loma Alta Park, creating a renewed space for recreation, community gathering, and resilience.
San Diego to Rescind Multi-Unit ADU Rule
The city wants to close a loophole that allowed developers to build apartment buildings on single-family lots as ADUs.
Electric Vehicles for All? Study Finds Disparities in Access and Incentives
A new UCLA study finds that while California has made progress in electric vehicle adoption, disadvantaged communities remain underserved in EV incentives, ownership, and charging access, requiring targeted policy changes to advance equity.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
City of Albany
UCLA Lewis Center for Regional Policy Studies
Mpact (formerly Rail~Volution)
Chaddick Institute at DePaul University
City of Piedmont, CA
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research