Greenwich Club Residences — October 2026
Issue No. 11
October · 2026
Residential Market Intelligence

Greenwich Club
Residences

88 Greenwich Street · Financial District
October 2026As of Oct 31

Studios cleared. The pipeline filled.

In this issue The month in three numbers · What moved · On the market, by type · Building sales & rentals · Financial District sales & rentals
Prepared for owners at 88 Greenwich Scroll
The month in three numbersOctober 2026

Studios cleared.
The pipeline filled.

Units for sale · 88 Greenwich · on Oct 31
13
Median ask $695,000
Units for rent · 88 Greenwich · on Oct 31
6
Median ask $5,344 a month
Months of supply · Financial District · sales
11.1months
288 for sale · 53 in contract
The month in one paragraph

Thirteen units are for sale at 88 Greenwich and two studios closed in October: #1613 at $555,000 and #412 at $495,000 — its full ask — in forty days. Five more listings are in contract, three of them signed this month. Rentals are the open side: three leases signed, from $4,050 to $5,500, while six units are vacant with nothing in contract. Across the Financial District twenty-six sales closed at a median of $1,223,750 — larger apartments, not a repricing — and a hundred twenty-one leases signed in thirty days.

This month at 88 GreenwichOctober 2026

What moved

Sold
2
#412 · #1613, studios
$495K – $555K
Leased
3
#921 · #2006 · #1006
$4,050 – $5,500
New to market
3
One-bedrooms · two-bedrooms
asking $749K – $1.595M
In contract
5
5 sales · asking $575K – $1.05M

Sold and leased are deals that closed in October. A listing in contract shows its last asking price; the contract price is not public until the deal records.

What's on the marketAs of Oct 31

By unit type, for sale and for rent

What each type is asking in the building today — active listings, not closed prices. Read the line that is yours.

Studio

For sale · 9
$499K – $975K
7 of 9 cut · 3 more in contract
For rent · 2
$3,800
Per month · 1 of 2 cut

One Bedroom

For sale · 2
$749K – $995K
None cut · 1 more in contract
For rent · 3
$5,300 – $5,425
Per month · 1 of 3 cut

Two Bedroom

For sale · 2
$1.5M – $1.595M
None cut · 1 more in contract
For rent · 1
$7,995
Per month · no cut

Asking prices and rents of the listings active at 88 Greenwich on October 31, 2026, by unit type. Each figure is one of the listings in the tables below.

88 Greenwich St · SalesAs of Oct 31

Two studios closed,
five in contract

Units for sale · active listings
13
3
New to market
5
In contract
136
Avg days on market
$695,000
Median asking price
7 of 13
Price reductions

Thirteen units are on the market at 88 Greenwich, and the building closed twice in October — both studios. #1613, 614 square feet, sold October 15 for $555,000 after seventy-two days, 7.3% below its $599,000 ask. #412, 518 square feet, sold October 30 for $495,000 — its full asking price — in forty days.

The pipeline behind them is the story: five listings in contract. Three went into contract this month — #715, a studio asking $575,000 that found its buyer in twenty-seven days; #2304, a two-bedroom at $790,000 after a hundred seventy-one; and #1907, a one-bedroom at $1,050,000 in fifty-one — alongside two that have been in contract longer, #324, a studio at $639,000, and #2903, a studio at $585,000.

Three listings arrived within the last month: one-bedrooms at $749,000 and $995,000 and a two-bedroom at $1,595,000. The median ask across the thirteen is $695,000, and the average listing has been up a hundred thirty-six days.

By type, nine of the thirteen are studios, asking $499,000 to $975,000, and seven of the nine have cut. The two one-bedrooms, at $749,000 and $995,000, and the two two-bedrooms, at $1,500,000 and $1,595,000, are new enough not to have cut yet.

Bottom line

Two studios closed at $495,000 and $555,000 and three more are in contract under $640,000 — that is the band where the buyers are. Seven studios have cut once and are still waiting; the next cut should land inside it.

For sale now

13 active · 5 in contract
AptTypePriceReduction
715In contractStudio530 SF$575,000$1,084/SF
2903In contractStudio444 SF$585,000$1,317/SF
324In contractStudio606 SF$639,000$1,054/SF
2304In contract2 Bed616 SF$790,000$1,282/SF
1907In contract1 Bed739 SF$1,050,000$1,420/SF
526Studio600 SF$499,000$831/SF−$50,000−9.1%
401Studio656 SF$510,000$777/SF−$20,000−3.8%
724Studio606 SF$575,000$948/SF−$124,000−17.7%
1014Studio735 SF$605,000$823/SF−$113,000−15.7%
1122Studio618 SF$630,000$1,019/SF
All 13 listings8 more
3503Studio444 SF$675,000$1,520/SF
721Studio671 SF$695,000$1,035/SF−$5,000−0.7%
2003New1 Bed609 SF$749,000$1,229/SF
2008Studio829 SF$960,000$1,158/SF−$15,000−1.5%
2009Studio898 SF$975,000$1,085/SF−$24,000−2.4%
3202New1 Bed732 SF$995,000$1,359/SF
23032 Bed1,170 SF$1,500,000$1,282/SF
2101New2 Bed1,101 SF$1,595,000$1,448/SF
Closed this monthOct 2026 · 2
AptTypeSoldDOMDate
412Studio$495,000$956/SF40Oct 30
1613Studio$555,000$904/SF72Oct 15
How these numbers are computed

Listings are the units at 88 Greenwich advertised for sale or for rent on October 31, 2026. Where two sources show different asking prices for a unit, the lower one is used. Square footage is each unit's recorded square footage, and price per square foot is the asking price divided by it. New to market means listed fewer than 30 days before that date. A price reduction compares the current asking price with the original one. Days on market run from the listing date. A unit rented out by its owner directly appears in the table but not in the rent statistics. A listing in contract shows its last asking price; the contract price is not public until the deal records.

Financial District figures are the neighborhood's closed sales and signed leases recorded in the 30 days to Oct 31, 2026, with duplicate records removed. Months of supply is the number of active listings divided by the month's closings. Average days on market and the listing discount leave out closings recorded with no market time. A 30-day window holds far fewer sales than a quarter, so its median moves more from one month to the next; the quarterly report carries the three-month figures. Nothing in this report is estimated.

88 Greenwich St · RentalsAs of Oct 31

Three leases,
six vacancies

Units for rent · active listings
6
2 of 6 have cut their rent
0
In contract
3
Leases signed
in October
24
Avg days on market
$5,344
Median asking rent
$4,250
Median signed rent
$4,050 to $5,500

Six units are listed for rent at 88 Greenwich and none is in contract. Two of the six have cut: #1612, a studio now at $3,800 from $3,900, and #1007, a one-bedroom down to $5,300 from $5,500 after sixty-five days on the market.

The actives: two studios at $3,800, three one-bedrooms at $5,300 to $5,425, and a two-bedroom at $7,995. The median ask sits at $5,344, and the average active has been up twenty-four days.

Three leases signed in October. #1006, a 620-square-foot studio, rented October 8 at $4,050 after twenty-two days. #2006, a 739-square-foot one-bedroom, rented October 24 at $5,500 in twelve days — the sixth one-bedroom lease at $5,500 or better since July. #921, a 543-square-foot studio, rented October 27 at $4,250 after twenty-eight days and a cut from $4,500.

Bottom line

One-bedrooms still clear at $5,500 inside two weeks; studios have cleared $3,750 to $4,250 since July, and the two asking $3,800 sit at the bottom of that band. With six vacancies and nothing in contract, an owner listing now is competing with the building, not the neighborhood — price at the signed numbers, not above them.

For rent now

6 active
AptTypeRentReduction
1612Studio550 SF$3,800−$100−2.6%
1807Studio567 SF$3,800
10071 Bed732 SF$5,300−$200−3.6%
9231 Bed805 SF$5,388
10231 Bed805 SF$5,425
6092 Bed1,122 SF$7,995
Leased this monthOct 2026 · 3
AptTypeLast askingDOMLeased
921Studio$4,25028Oct 27
20061 Bed$5,50012Oct 24
1006Studio$4,05022Oct 8
Financial District · Sales

The median jumped.
Price per foot barely moved.

30 days to Oct 31 · 26 closings
Median sale price · Financial District
$1.22M
26
Closed sales
$1,344
Avg price per SF
136
Avg days on market
11.1 months
Months of supply
4.9%
Listing discount
Range and inventory
Closing prices, low to high$420K – $6.3M
Active listings on Oct 31288
In contract53

Twenty-six homes closed in the Financial District over the past month, at a median of $1,223,750 and $1,344 per square foot, ranging from $420,000 at the entry to $6,300,000 at the top. Sellers who closed gave up 4.9% off their final ask.

Read the two numbers separately. The median is as high as it is because of what sold — larger apartments at 125 Greenwich, 77 Greenwich and 50 West closed between $2,188,000 and $6,300,000 — while price per square foot, at $1,344, is the steadier figure. The second number is the market; the first is the mix.

Inventory: 288 homes actively listed against 53 in contract — about eleven months of supply at October's closing pace. Setting aside the nine closings that recorded with no market time, the sales that closed waited an average of a hundred thirty-six days.

Bottom line

FiDi clears within five points of ask, but the deals that close are taking four and a half months, and eleven months of supply sits behind them. The headline median is not your comp — the $1,344 a foot is.

Financial District · Rentals

The season
turned

30 days to Oct 31 · 121 leases
Median rent · Financial District
$5,037/mo
121
Units rented
$5,796
Average rent
47
Avg days on market
2.43 months
Months of supply
48
In contract
Range and inventory
Rents, low to high$3,100 – $22,500
Active listings on Oct 31294

One hundred twenty-one units rented in the Financial District in thirty days, with forty-eight more in contract. The median lease signed at $5,037, the average at $5,796, and the range ran from $3,100 at the entry to $22,500 at the top.

The tempo is slower than the summer's: forty-seven days on market on average, though a handful of listings carrying years of market time pull that average up. Against 294 active listings the closing pace works out to two and a half months of supply.

Rents are holding while the volume thins — which is what the end of the season looks like: fewer tenants, no discount yet.

Bottom line

The volume is going but the price isn't. An owner with a vacancy now is renting into a slower market at the summer's numbers — hold the rent, expect the weeks.

From jaimeaguilerany.com

Beyond
the numbers

Selected sales and leases from across Manhattan, and the approach behind them.