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We've got a snapshot of 2026's Q1 New Luxury Development in Midtown Manhattan for you. Midtown was a focal point for new rentals, with three new luxury properties launching and totaling

Apr 16
1 min read

over 450 apartments. One of them is The Lotus, a stunning residential property in Murray Hill, just blocks from Grand Central. It sets a new standard in conscientious design and is crowned by an entire top floor of club-level amenities, plus indoor and outdoor spaces for play and restoration – all against the inspiring backdrop of the Manhattan skyline.

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Over 1,300 new apartments launched in the past 3 years. That said, only 17% of them were completed in the past year, allowing time for absorption and stabilization of the other recent deliveries

Over 1,300 new apartments launched in the past 3 years. That said, only 17% of them were completed in the past year, allowing time for absorption and stabilization of the other recent deliveries

Long Island Luxury Multifamily Rental Snapshot

Long Island Luxury Multifamily Rental Snapshot

While Downtown and Ironbound remain the primary hubs for Newark’s luxury rentals, expanding development in other neighborhoods is contributing to the city’s broader growth

While Downtown and Ironbound remain the primary hubs for Newark’s luxury rentals, expanding development in other neighborhoods is contributing to the city’s broader growth

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