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A wave of new for-sale listings is deepening a slowdown in the New York City housing market and forcing a record number of sellers to slash prices.

As New Yorkers returned from their summer vacations in September, sellers hoping to catch their attention created a surge in new listings, which only added to the glut of for-sale inventory resulting from



Whether renters will find deals or not largely depends on where they’re looking — and a good place to start would be the neighborhoods where many units are returning to market at lower prices. Below are the 10 NYC neighborhoods with the highest share of apartments

New Development


Not since the opening of the High Line in 2009 has there been as much fanfare and buzz over the latest, newest development in New York City. But in terms of big, this is colossal. When the sprawling $25 billion-dollar Hudson Yards complex is unveiled on Friday,



If you’re looking for a staid, quiet place to live, Chelsea is not for you. Its thriving arts scene has always been a big draw for creative types. Not surprisingly, residents pay a high price to live in such a hip and happening part of Manhattan.

'I'm a NYC Renter. Do I Get Any Tax Breaks?'


After decades of favoring property owners over renters, Congress has finally made the competition a bit more equal. As we all prepare our returns this season, we are now seeing the impact of the Tax Cuts and Jobs Act of 2017. The new IRS code rewrite may not be designed to specifically encourage renting, but it no longer quite so explicitly favors owners.

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Wave Real Estate

111 East 31st Street, Manhattan, New York, New York 10016, United States

(212) 457-4080