In 2017, a new rental development was completed on York Avenue, one of the first in this location in quite some time. Sales at The Rose Modern began in 2016 before the building was finished, but some homes in this lavish Upper East Side rental are still up for grabs.

If you’ve been thinking about taking the plunge and buying a new luxury condo, now is an excellent time to plant your stake in Manhattan. New York City real estate has been long regarded for its reliability as a safe and stable investment, and a reported market softening indicates uniquely opportune timing to buy a new apartment.