Living NYJuly 17, 2020

New York’s Townhouses Poised for Comeback as Buyers Prize Space, Privacy and Social Distance

The past two years have seen a slowdown in New York City’s formerly gangbusters real estate market, with townhouses facing a particularly stark slump—median sales prices for Manhattan townhouses plunged nearly 35% year-over-year in the third quarter of 2019.

But as buyers look ahead to life after the coronavirus pandemic, the city’s single-family homes may hold fresh appeal, and are already generating market chatter.