26 datasets found
  1. Average square footage price of housing in Manhattan, NY 2020-2024

    • statista.com
    Updated Jun 30, 2025
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    Statista (2025). Average square footage price of housing in Manhattan, NY 2020-2024 [Dataset]. https://www.statista.com/statistics/1235728/average-price-of-residential-properties-per-square-foot-by-type-manhattan-new-york/
    Explore at:
    Dataset updated
    Jun 30, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    New York
    Description

    The average price for residential real estate in Manhattan, New York increased for luxury, new developments, and condos. Conversely, prices for re-sale and co-op properties declined slightly. In the third quarter of 2024, the average square footage price for a re-sale property was ***** U.S. dollars per square foot.

  2. F

    Housing Inventory: Median Listing Price per Square Feet in New York

    • fred.stlouisfed.org
    json
    Updated Oct 30, 2025
    + more versions
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    (2025). Housing Inventory: Median Listing Price per Square Feet in New York [Dataset]. https://fred.stlouisfed.org/series/MEDLISPRIPERSQUFEENY
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Oct 30, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Area covered
    New York
    Description

    Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in New York (MEDLISPRIPERSQUFEENY) from Jul 2016 to Oct 2025 about square feet, NY, listing, median, price, and USA.

  3. F

    Housing Inventory: Median Listing Price per Square Feet in New...

    • fred.stlouisfed.org
    json
    Updated Oct 30, 2025
    + more versions
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    (2025). Housing Inventory: Median Listing Price per Square Feet in New York-Newark-Jersey City, NY-NJ-PA (CBSA) [Dataset]. https://fred.stlouisfed.org/series/MEDLISPRIPERSQUFEE35620
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Oct 30, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Area covered
    New York Metropolitan Area, Pennsylvania, New Jersey
    Description

    Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in New York-Newark-Jersey City, NY-NJ-PA (CBSA) (MEDLISPRIPERSQUFEE35620) from Jul 2016 to Oct 2025 about square feet, NJ, New York, PA, NY, listing, median, price, and USA.

  4. Average Class A asking rent for office space Manhattan 2025, by district

    • statista.com
    Updated Nov 29, 2025
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    Statista (2025). Average Class A asking rent for office space Manhattan 2025, by district [Dataset]. https://www.statista.com/statistics/605986/average-class-a-asking-rent-manhattan-by-submarket/
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    Dataset updated
    Nov 29, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States, Manhattan
    Description

    The average asking rent for Class A office space in Midtown Manhattan was ***** U.S. dollars per square foot in the second quarter of 2025. It was above the Manhattan average of ***** U.S. dollars but below that of Midtown South, which was the most expensive district at ***** U.S. dollars per square foot. What is Class A real estate?Class A real estate refers to the best properties in terms of appearance, age, quality of infrastructure and location. These properties usually command the highest rental rates, due to their high quality. In the U.S., Manhattan has the most expensive rents for Class A offices.Midtown vs Midtown SouthMidtown Manhattan contains the Empire State Building, MoMA, Grand Central Station, and the United Nations Headquarters. The most expensive submarket there was Plaza District in 2025. Meanwhile, Midtown South is home to Madison Square Garden, Pennsylvania Station, Hudson Yards, and Koreatown. In 2025, the most expensive submarket there was Hudson Yards, followed by Chelsea and Hudson Square.

  5. New York Housing Market

    • kaggle.com
    Updated Jan 6, 2024
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    Nidula Elgiriyewithana ⚡ (2024). New York Housing Market [Dataset]. http://doi.org/10.34740/kaggle/dsv/7351086
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    CroissantCroissant is a format for machine-learning datasets. Learn more about this at mlcommons.org/croissant.
    Dataset updated
    Jan 6, 2024
    Dataset provided by
    Kaggle
    Authors
    Nidula Elgiriyewithana ⚡
    Area covered
    New York
    Description

    Description:

    This dataset contains prices of New York houses, providing valuable insights into the real estate market in the region. It includes information such as broker titles, house types, prices, number of bedrooms and bathrooms, property square footage, addresses, state, administrative and local areas, street names, and geographical coordinates.

    DOI

    Key Features:

    • BROKERTITLE: Title of the broker
    • TYPE: Type of the house
    • PRICE: Price of the house
    • BEDS: Number of bedrooms
    • BATH: Number of bathrooms
    • PROPERTYSQFT: Square footage of the property
    • ADDRESS: Full address of the house
    • STATE: State of the house
    • MAIN_ADDRESS: Main address information
    • ADMINISTRATIVE_AREA_LEVEL_2: Administrative area level 2 information
    • LOCALITY: Locality information
    • SUBLOCALITY: Sublocality information
    • STREET_NAME: Street name
    • LONG_NAME: Long name
    • FORMATTED_ADDRESS: Formatted address
    • LATITUDE: Latitude coordinate of the house
    • LONGITUDE: Longitude coordinate of the house

    Potential Use Cases:

    • Price analysis: Analyze the distribution of house prices to understand market trends and identify potential investment opportunities.
    • Property size analysis: Explore the relationship between property square footage and prices to assess the value of different-sized houses.
    • Location-based analysis: Investigate geographical patterns to identify areas with higher or lower property prices.
    • Bedroom and bathroom trends: Analyze the impact of the number of bedrooms and bathrooms on house prices.
    • Broker performance analysis: Evaluate the influence of different brokers on the pricing of houses.

    If you find this dataset useful, your support through an upvote would be greatly appreciated ❤️🙂 Thank you

  6. F

    Housing Inventory: Median Listing Price per Square Feet in Manhattan, KS...

    • fred.stlouisfed.org
    json
    Updated Oct 30, 2025
    + more versions
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    (2025). Housing Inventory: Median Listing Price per Square Feet in Manhattan, KS (CBSA) [Dataset]. https://fred.stlouisfed.org/series/MEDLISPRIPERSQUFEE31740
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Oct 30, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Area covered
    Manhattan, Kansas
    Description

    Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Manhattan, KS (CBSA) (MEDLISPRIPERSQUFEE31740) from Jul 2016 to Oct 2025 about Manhattan, KS, square feet, listing, median, price, and USA.

  7. Average square footage price of housing in Queens, NY 2020-2022

    • statista.com
    Updated Oct 15, 2022
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    Statista (2022). Average square footage price of housing in Queens, NY 2020-2022 [Dataset]. https://www.statista.com/statistics/1235560/average-price-of-residential-properties-per-square-foot-by-type-queens-new-york/
    Explore at:
    Dataset updated
    Oct 15, 2022
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    New York
    Description

    Between 2020 and 2022, the average square footage price of one-to-three family homes in Queens, New York increased. Existing condo prices, on the other hand, fell from ***** U.S. dollars per square foot in the ********************* to *** U.S. dollars per square foot in the *********************.

  8. F

    Housing Inventory: Median Listing Price per Square Feet in New York County,...

    • fred.stlouisfed.org
    json
    Updated Oct 30, 2025
    + more versions
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    (2025). Housing Inventory: Median Listing Price per Square Feet in New York County, NY [Dataset]. https://fred.stlouisfed.org/series/MEDLISPRIPERSQUFEE36061
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Oct 30, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Area covered
    New York County, New York, Manhattan, New York
    Description

    Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in New York County, NY (MEDLISPRIPERSQUFEE36061) from Jul 2016 to Oct 2025 about New York County, NY; square feet; New York; NY; listing; median; price; and USA.

  9. T

    Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in...

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 18, 2025
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    TRADING ECONOMICS (2025). Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Manhattan, KS (CBSA) [Dataset]. https://tradingeconomics.com/united-states/housing-inventory-median-listing-price-per-square-feet-year-over-year-in-manhattan-ks-cbsa-fed-data.html
    Explore at:
    xml, csv, json, excelAvailable download formats
    Dataset updated
    May 18, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    Manhattan, Kansas
    Description

    Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Manhattan, KS (CBSA) was 9.62% in September of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Manhattan, KS (CBSA) reached a record high of 21.63 in June of 2022 and a record low of -5.99 in November of 2017. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Manhattan, KS (CBSA) - last updated from the United States Federal Reserve on November of 2025.

  10. Retail real estate rent in different corridors in Manhattan, NY H1 2025

    • statista.com
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    Statista, Retail real estate rent in different corridors in Manhattan, NY H1 2025 [Dataset]. https://www.statista.com/statistics/1269511/retail-space-rent-manhattan-by-corridor/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    New York
    Description

    Home of the New York Stock Exchange, Times Square, the Theater District, and countless other landmarks, Manhattan is undoubtedly among the most expensive commercial real estate markets in the United States. On 5th Ave (49th St. - 59th St.), the annual asking rent of retail space reached ***** U.S. dollars per square foot in the first half of 2025. Broadway & 7th Ave (42nd St. - 47th St.) had the second-highest rent among Manhattan corridors, with a median asking rent of ***** U.S. dollars.

  11. T

    Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in...

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 18, 2025
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    TRADING ECONOMICS (2025). Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Manhattan, KS (CBSA) [Dataset]. https://tradingeconomics.com/united-states/housing-inventory-median-listing-price-per-square-feet-month-over-month-in-manhattan-ks-cbsa-fed-data.html
    Explore at:
    excel, xml, csv, jsonAvailable download formats
    Dataset updated
    May 18, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    Manhattan, Kansas
    Description

    Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Manhattan, KS (CBSA) was 0.30% in October of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Manhattan, KS (CBSA) reached a record high of 16.08 in February of 2022 and a record low of -4.33 in September of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Manhattan, KS (CBSA) - last updated from the United States Federal Reserve on November of 2025.

  12. Office rent per square foot in the largest office markets in the U.S. 2025

    • statista.com
    Updated Nov 29, 2025
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    Statista (2025). Office rent per square foot in the largest office markets in the U.S. 2025 [Dataset]. https://www.statista.com/statistics/1073855/asking-office-rent-per-sf-tech-markets-usa/
    Explore at:
    Dataset updated
    Nov 29, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    Manhattan, NY, was the market where renting an office was most expensive in the United States in 2025. The average annual quoted square footage rent of office space was close to ***** U.S. dollars in the second quarter of the year. In Dallas, the market with the second-largest inventory, the annual rent amounted to ***** U.S. dollars per square foot. Since the onset of the coronavirus pandemic, the office real estate sector has been suffering an increase in office vacancies, affecting both downtown and suburban properties. Data on the sales prices of office property also indicates a notable decrease in office real estate valuations.

  13. T

    Housing Inventory: Median Listing Price per Square Feet in Manhattan, KS...

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 18, 2025
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    TRADING ECONOMICS (2025). Housing Inventory: Median Listing Price per Square Feet in Manhattan, KS (CBSA) [Dataset]. https://tradingeconomics.com/united-states/housing-inventory-median-listing-price-per-square-feet-in-manhattan-ks-cbsa-fed-data.html
    Explore at:
    excel, csv, json, xmlAvailable download formats
    Dataset updated
    May 18, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    Manhattan, Kansas
    Description

    Housing Inventory: Median Listing Price per Square Feet in Manhattan, KS (CBSA) was 139.00000 U.S. $ in October of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price per Square Feet in Manhattan, KS (CBSA) reached a record high of 139.00000 in September of 2025 and a record low of 83.00000 in January of 2018. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price per Square Feet in Manhattan, KS (CBSA) - last updated from the United States Federal Reserve on November of 2025.

  14. F

    Housing Inventory: Median Listing Price per Square Feet in Riley County, KS

    • fred.stlouisfed.org
    json
    Updated Oct 30, 2025
    + more versions
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    (2025). Housing Inventory: Median Listing Price per Square Feet in Riley County, KS [Dataset]. https://fred.stlouisfed.org/series/MEDLISPRIPERSQUFEE20161
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Oct 30, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Area covered
    Riley County, Kansas
    Description

    Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Riley County, KS (MEDLISPRIPERSQUFEE20161) from Jul 2016 to Oct 2025 about Riley County, KS; Manhattan; KS; square feet; listing; median; price; and USA.

  15. Average Class B asking rent for office property Manhattan 2022-2023, by...

    • statista.com
    Updated Jul 8, 2025
    + more versions
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    Statista (2025). Average Class B asking rent for office property Manhattan 2022-2023, by submarket [Dataset]. https://www.statista.com/statistics/606003/average-class-b-asking-rent-manhattan-by-submarket/
    Explore at:
    Dataset updated
    Jul 8, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States, Manhattan
    Description

    The average Class B asking rent for office real estate in Manhattan in the fourth quarter of 2023 was ***** U.S. dollars per square foot. The district that reported the highest average Class B rent was Midtown South, where a square foot of space cost ***** U.S. dollars. Between the fourth quarter of 2022 and the fourth quarter of 2023, rents in Midtown South increased, while in Midtown and Downtown, they declined.

  16. Size of office area in Manhattan 2025, by district

    • statista.com
    Updated Nov 29, 2025
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    Statista (2025). Size of office area in Manhattan 2025, by district [Dataset]. https://www.statista.com/statistics/605882/size-of-office-area-manhattan-by-submarket/
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    Dataset updated
    Nov 29, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Manhattan, United States
    Description

    The amount of office space in Midtown Manhattan amounted to ****** million square feet in the second quarter of 2025. This was the largest district in terms of office inventory, followed by Midtown South and Downtown Manhattan. Importance of New York for office spaceManhattan is the most famous borough of New York City, and is home to the headquarters of many international organizations as well as multinational corporations, such as the United Nations, Citi and Pfizer. The borough is also located on an island in the middle of the city, which means that the volume of space is limited in supply and that real estate is in high demand there. Asking rents in the borough are, consequently, very high. Availability of office spaceThe availability rate of office space in Manhattan varies between the districts but is almost ** percent on average. This means that roughly ** percent of total rentable space is available.

  17. N

    North America Industrial Real Estate Market Report

    • marketreportanalytics.com
    doc, pdf, ppt
    Updated Apr 30, 2025
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    Market Report Analytics (2025). North America Industrial Real Estate Market Report [Dataset]. https://www.marketreportanalytics.com/reports/north-america-industrial-real-estate-market-91983
    Explore at:
    ppt, doc, pdfAvailable download formats
    Dataset updated
    Apr 30, 2025
    Dataset authored and provided by
    Market Report Analytics
    License

    https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    North America, Global
    Variables measured
    Market Size
    Description

    Booming North American industrial real estate market analysis reveals a CAGR exceeding 4.50%, driven by e-commerce, nearshoring, and manufacturing growth. Discover key trends, market size projections to 2033, top players, and regional insights. Invest wisely in this lucrative sector. Recent developments include: December 2021: Boston Properties Inc. (the largest publicly traded developer, owner, and manager of Class A office properties) announced that it completed the acquisition of 360 Park Avenue South, a 450,000 square-foot, 20-story office property located in the Midtown South submarket of Manhattan, New York, from Enterprise Asset Management Inc. (an investment management firm). Furthermore, the gross purchase value accounted for approximately USD 300 million., December 2021: Boston Properties Inc. announced a joint venture in which the company has a 49% ownership and executed a 229,000 square foot lease with a leading biotech company at the venture's 751 Gateway project in South San Francisco, California. The lease covers the entire building, which is currently under construction, with initial occupancy expected in early 2024.. Notable trends are: Increasing Rental Prices of Office Spaces.

  18. New York City Property Sales

    • kaggle.com
    zip
    Updated Apr 5, 2021
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    John Shuford (2021). New York City Property Sales [Dataset]. https://www.kaggle.com/datasets/johnshuford/new-york-city-property-sales/discussion
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    zip(33174482 bytes)Available download formats
    Dataset updated
    Apr 5, 2021
    Authors
    John Shuford
    License

    https://creativecommons.org/publicdomain/zero/1.0/https://creativecommons.org/publicdomain/zero/1.0/

    Area covered
    New York
    Description

    Context

    This dataset contains every property sale from 2003 - 2019 in every borough in New York City.

    Columns

    -Borough: The name of the borough in which the property is located. -Neighborhood: Department of Finance assessors determine the neighborhood name in the course of valuing properties. The common name of the neighborhood is generally the same as the name Finance designates. However, there may be slight differences in neighborhood boundary lines and some sub-neighborhoods may not be included. -Building Class Category: This is a field that we are including so that users of the Rolling Sales Files can easily identify similar properties by broad usage (e.g. One Family Homes) without looking up individual Building Classes. Files are sorted by Borough, Neighborhood, Building Class Category, Block and Lot. -Tax Class at Present: Every property in the city is assigned to one of four tax classes (Classes 1, 2, 3, and 4), based on the use of the property. Class 1: Includes most residential property of up to three units (such as one-, two-, and three-family homes and small stores or offices with one or two attached apartments), vacant land that is zoned for residential use, and most condominiums that are not more than three stories. Class 2: Includes all other property that is primarily residential, such as cooperatives and condominiums. Class 3: Includes property with equipment owned by a gas, telephone or electric company. Class 4: Includes all other properties not included in class 1,2, and 3, such as offices, factories, warehouses, garage buildings, etc. Glossary of Terms for Property Sales Files -Block: A Tax Block is a sub-division of the borough on which real properties are located. The Department of Finance uses a Borough-Block-Lot classification to label all real property in the City. “Whereas” addresses describe the street location of a property, the block and lot distinguishes one unit of real property from another, such as the different condominiums in a single building. Also, block and lots are not subject to name changes based on which side of the parcel the building puts its entrance on. -Lot: A Tax Lot is a subdivision of a Tax Block and represents the property unique location. -Easement: An easement is a right, such as a right of way, which allows an entity to make limited use of another’s real property. For example: MTA railroad tracks that run across a portion of another property. -Building Class at Present: The Building Classification is used to describe a property’s constructive use. The first position of the Building Class is a letter that is used to describe a general class of properties (for example “A” signifies one-family homes, “O” signifies office buildings. “R” signifies condominiums). The second position, a number, adds more specific information about the property’s use or construction style (using our previous examples “A0” is a Cape Cod style one family home, “O4” is a tower type office building and “R5” is a commercial condominium unit). The term Building Class used by the Department of Finance is interchangeable with the term Building Code used by the Department of Buildings. See NYC Building Classifications. -Address: The street address of the property as listed on the Sales File. Coop sales include the apartment number in the address field. -Zip Code: The property’s postal code -Residential Units: The number of residential units at the listed property. -Commercial Units: The number of commercial units at the listed property. -Total Units: The total number of units at the listed property. -Land Square Feet: The land area of the property listed in square feet. -Gross Square Feet: The total area of all the floors of a building as measured from the exterior surfaces of the outside walls of the building, including the land area and space within any building or structure on the property. -Year Built: Year the structure on the property was built. -Building Class at Time of Sale: The Building Classification is used to describe a property’s constructive use. The first position of the Building Class is a letter that is used to describe a general class of properties (for example “A” signifies one-family homes, “O” signifies office buildings. “R” signifies condominiums). The second position, a number, adds more specific information about the property’s use or construction style (using our previous examples “A0” is a Cape Cod style one family home, “O4” is a tower type office building and “R5” is a commercial condominium unit). The term Building Class as used by the Department of Finance is interchangeable with the term Building Code as used by the Department of Buildings. -Sales Price: Price paid for the property. -Sale Date: Date the property sold. $0 Sales Price: A $0 sale indicates that there was a transfer of ownership without a cash consideration. Th...

  19. Average Class A asking rent for offices in Downtown Manhattan 2022-2023, by...

    • statista.com
    Updated Nov 29, 2025
    + more versions
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    Statista (2025). Average Class A asking rent for offices in Downtown Manhattan 2022-2023, by submarket [Dataset]. https://www.statista.com/statistics/606163/class-a-asking-rent-downtown-manhattan-by-submarket/
    Explore at:
    Dataset updated
    Nov 29, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Lower Manhattan, Manhattan, United States
    Description

    The average Class A asking rent for office real estate in Downtown Manhattan in the fourth quarter of 2023 varied significantly among submarkets. Tribeca had the highest average Class A rent of ****** U.S. dollars per square foot. Renting a square foot of Class A property in Tribeca cost more than double the cost in all the other submarkets in Downtown Manhattan. Meanwhile, the Insurance District was the only district where Class A office rents rose between 2022 and 2023.

  20. G

    NYC LL97 HVAC Carbon Reduction Strategies Market Research Report 2033

    • growthmarketreports.com
    csv, pdf, pptx
    Updated Oct 7, 2025
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    Growth Market Reports (2025). NYC LL97 HVAC Carbon Reduction Strategies Market Research Report 2033 [Dataset]. https://growthmarketreports.com/report/nyc-ll97-hvac-carbon-reduction-strategies-market
    Explore at:
    pptx, pdf, csvAvailable download formats
    Dataset updated
    Oct 7, 2025
    Dataset authored and provided by
    Growth Market Reports
    Time period covered
    2024 - 2032
    Area covered
    Global, New York
    Description

    NYC LL97 HVAC Carbon Reduction Strategies Market Outlook



    As per our latest research, the NYC LL97 HVAC Carbon Reduction Strategies market size reached $1.48 billion in 2024, reflecting the rapid adoption of sustainable HVAC solutions across New York City. The market is expected to grow at a robust CAGR of 12.7% from 2025 to 2033, reaching a projected value of $4.41 billion by 2033. This remarkable growth is primarily driven by the stringent compliance requirements of Local Law 97 (LL97), which mandates aggressive carbon emissions reductions from large buildings, compelling property owners and facility managers to invest in advanced HVAC carbon reduction strategies.




    A significant growth factor for the NYC LL97 HVAC Carbon Reduction Strategies market is the increasing regulatory pressure from both city and state governments. Local Law 97, a key component of New York City’s Climate Mobilization Act, requires most buildings over 25,000 square feet to meet strict emissions caps, with non-compliance resulting in substantial financial penalties. This legal framework has accelerated demand for innovative HVAC solutions, such as energy-efficient systems, building automation, and renewable energy integration. The urgency to comply with LL97’s phased deadlines, which intensify through 2030 and beyond, is compelling stakeholders to prioritize carbon reduction investments, fostering a dynamic market environment for solution providers and service companies alike.




    Another pivotal driver is the rising awareness among building owners and managers regarding the long-term cost savings and operational efficiencies associated with advanced HVAC carbon reduction strategies. While initial investments in energy-efficient HVAC systems or retrofitting may seem substantial, these upgrades frequently deliver significant reductions in energy consumption and utility expenses. Additionally, the integration of building automation and smart controls enables real-time monitoring and optimization of HVAC performance, ensuring sustained emissions compliance and ongoing cost efficiencies. The market is further buoyed by the availability of financial incentives, rebates, and low-interest loans from city and state programs, which help offset the upfront costs of these sustainable upgrades, making carbon reduction strategies more accessible to a broader array of property owners.




    The market’s expansion is also underpinned by technological advancements and the growing ecosystem of solution providers specializing in LL97 compliance. Innovations in HVAC technology, such as variable refrigerant flow (VRF) systems, advanced heat pumps, and demand-controlled ventilation, are enabling deeper carbon reductions without sacrificing occupant comfort or indoor air quality. The proliferation of consulting, installation, and maintenance services tailored to the specific requirements of LL97 has created a robust support network for building owners navigating compliance. Furthermore, the trend toward integrating renewable energy sources, such as rooftop solar and geothermal, with existing HVAC infrastructure is gaining momentum, presenting new opportunities for decarbonization and resilience in the built environment.




    From a regional perspective, the market outlook reveals a concentration of activity in Manhattan and Brooklyn, where the density of large commercial and institutional buildings is highest. These boroughs account for the majority of LL97-regulated square footage, driving significant investments in HVAC carbon reduction solutions. However, growth is also accelerating in Queens, The Bronx, and Staten Island, as awareness of the law spreads and as smaller building owners begin to address compliance. The region’s diverse building stock, ranging from historic pre-war structures to modern high-rises, presents unique challenges and opportunities for solution providers, necessitating tailored approaches to carbon reduction across the five boroughs.





    Solution Type Analysis



    The Solution Type segment of th

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Statista (2025). Average square footage price of housing in Manhattan, NY 2020-2024 [Dataset]. https://www.statista.com/statistics/1235728/average-price-of-residential-properties-per-square-foot-by-type-manhattan-new-york/
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Average square footage price of housing in Manhattan, NY 2020-2024

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Dataset updated
Jun 30, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
New York
Description

The average price for residential real estate in Manhattan, New York increased for luxury, new developments, and condos. Conversely, prices for re-sale and co-op properties declined slightly. In the third quarter of 2024, the average square footage price for a re-sale property was ***** U.S. dollars per square foot.

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