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.
Alabama: Trump Terminates Settlements for Black Communities Harmed By Raw Sewage
Trump deemed the landmark civil rights agreement “illegal DEI and environmental justice policy.”
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
The 120 Year Old Tiny Home Villages That Sheltered San Francisco’s Earthquake Refugees
More than a century ago, San Francisco mobilized to house thousands of residents displaced by the 1906 earthquake. Could their strategy offer a model for the present?
In Both Crashes and Crime, Public Transportation is Far Safer than Driving
Contrary to popular assumptions, public transportation has far lower crash and crime rates than automobile travel. For safer communities, improve and encourage transit travel.
Report: Zoning Reforms Should Complement Nashville’s Ambitious Transit Plan
Without reform, restrictive zoning codes will limit the impact of the city’s planned transit expansion and could exclude some of the residents who depend on transit the most.
Judge Orders Release of Frozen IRA, IIJA Funding
The decision is a victory for environmental groups who charged that freezing funds for critical infrastructure and disaster response programs caused “real and irreparable harm” to communities.
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.
Clanton & Associates, Inc.
Jessamine County Fiscal Court
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Toledo-Lucas County Plan Commissions
Salt Lake City
NYU Wagner Graduate School of Public Service