The congestion pricing program was instituted in January 2025 and during its first year in operation, congestion pricing raked in more than $550 million for the MTA’s $15-billion capital program.
If lawmakers believe that detention facilities are inconsistent with state priorities, then legislation should be considered that restricts the purchase or operation of such facilities within state borders.
As we celebrate Women’s History Month, we honor every woman who made real estate her platform for empowerment, for equity and for legacy.
The region’s current month’s supply of inventory stands at 3.9 months—below the 4-to-6-month range typically associated with a balanced market.
FARMINGDALE—OneKey MLS released its September 2025 residential market statistics earlier this week, revealing continued stability in home prices and modest gains in sales activity across the New York regional area.
Closed sales for all property types rose 1.3% year-over-year to 4,257 transactions. Single-family home sales increased 2.8%, while condominium sales climbed 3.2%. Co-op sales, however, declined 8.9%. The overall median sale price, encompassing single-family homes, condos, and co-ops, rose 6.9% to $695,000, with co-ops leading price growth at 8.0%.
Inventory levels remained tight, with the number of homes for sale down 3.4% compared to September 2024. The region’s current month’s supply of inventory stands at 3.9 months—below the 4-to-6-month range typically associated with a balanced market.
While regional metrics signal a stable housing environment, county-level data highlight ongoing variation in performance:
These mixed results suggest that while buyer demand remains solid in core suburban and urban areas, some outer counties are seeing price adjustments influenced by affordability pressures and local supply dynamics.
With pending sales up 14.4% month-over-month, the regional housing market appears positioned for continued momentum heading into the fourth quarter. However, affordability remains a growing concern, as the regional housing affordability index declined 8.5% compared to last year.
To access all local and regional housing market reports, visit https://marketstats.onekeymls.com.
The congestion pricing program was instituted in January 2025 and during its first year in operation, congestion pricing raked in more than $550 million for the MTA’s $15-billion capital program.
TKF Burnside officials stated the firm plans to modernize and enhance the existing hospitality-level amenity offerings.
The 1.15 million-square-foot retail center, which originally housed 30 stores when it opened in 1954, is now home to more than 100 retail, dining, educational and entertainment venues.
Sherman most recently served as New York City’s Chief Equity Officer and Commissioner of the Mayor’s Office of Equity & Racial Justice.
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