A Manhattan co-op or condo is a different kind of file. The building's master policy covers the structure; the apartment's finishes, the art, the wine, the jewelry, and the personal liability sit with the household. Armor Group writes the inside of the home (and the umbrella over it) for Tribeca, the Financial District, and the Upper East and West Sides.
In a Manhattan apartment the building's master policy stops at the bare walls: sometimes at the studs. The unit owner's HO-6 picks up the finishes, the build-outs, and everything inside, plus loss assessment for when the building's deductible or an uninsured loss flows back to the shareholders. Get the walls-in boundary wrong and a burst riser two floors up becomes an uncovered renovation.
Above the apartment, the high-net-worth exposure is portable and personal: scheduled jewelry, art, watches, and wine that a homeowners sub-limit will not begin to cover, and a liability surface (household staff, entertaining, a second home, a young driver) that warrants a high-limit umbrella. This is specialty and excess-and-surplus territory, placed as one file rather than a building policy plus an 800-number quote.
The figures below are U.S. Census ACS 5-Year estimates for each place: household income, home value, the share of households over $200k, and the seasonal share of vacant homes. They frame the file; they do not set the rate.
ZIP 10007: converted lofts and new luxury towers at the southern tip of the island.
Median income
$250K+
ACS B19013, 2024 · top-coded ceiling
Median home value
$2.0M+
owner-occupied · ACS B25077, 2024 · top-coded ceiling
Households >$200k
67.4%
ACS B19001, 2024
Seasonal of vacant
47.1%
share of vacant homes · ACS B25004, 2024
ZIP 10013: cast-iron lofts and high-value conversions west of Broadway.
Median income
$161,154
ACS B19013, 2024
Median home value
$2.0M+
owner-occupied · ACS B25077, 2024 · top-coded ceiling
Households >$200k
41.7%
ACS B19001, 2024
Seasonal of vacant
23.6%
share of vacant homes · ACS B25004, 2024
ZIP 10021: pre-war cooperatives and townhouses off Park and Fifth.
Median income
$158,677
ACS B19013, 2024
Median home value
$1,377,500
owner-occupied · ACS B25077, 2024
Households >$200k
42.2%
ACS B19001, 2024
Seasonal of vacant
51.2%
share of vacant homes · ACS B25004, 2024
ZIP 10028: pre-war co-ops along Museum Mile and the blocks above it.
Median income
$175,121
ACS B19013, 2024
Median home value
$1,602,600
owner-occupied · ACS B25077, 2024
Households >$200k
46.2%
ACS B19001, 2024
Seasonal of vacant
57.2%
share of vacant homes · ACS B25004, 2024
ZIP 10023: pre-war and post-war buildings between the park and the river.
Median income
$159,874
ACS B19013, 2024
Median home value
$1,358,100
owner-occupied · ACS B25077, 2024
Households >$200k
40.6%
ACS B19001, 2024
Seasonal of vacant
62.6%
share of vacant homes · ACS B25004, 2024
ZIP 10024: landmark co-ops facing Central Park and the blocks behind them.
Median income
$181,560
ACS B19013, 2024
Median home value
$1,687,800
owner-occupied · ACS B25077, 2024
Households >$200k
44.7%
ACS B19001, 2024
Seasonal of vacant
48.5%
share of vacant homes · ACS B25004, 2024
Above a certain apartment value and collection size the standard market thins, and the real options are specialty and high-net-worth insurers, and the excess-and-surplus market at the deep end of the stable. Armor Group places the unit-owner policy, the scheduled valuables, and the umbrella as one relationship, and is the same dedicated agent on the phone next year.
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Data sources for this page
Demographic data: U.S. Census Bureau, American Community Survey 5-Year Estimates (2024). Tables: B19013 (median household income), B25077 (median value of owner-occupied units), B19001 (households $200,000+), B25004 (seasonal/recreational vacant units). ACS top-codes median income at $250,001 and median home value at $2,000,001; figures at those ceilings are shown as “$250K+” / “$2.0M+”.
Insurance information on this page is general and does not bind coverage. Coverage availability and terms vary; contact us for your specific situation.
If your household keeps a co-op or condo in Tribeca, the Financial District, or on the Upper East or West Side, tell us what you are protecting inside the walls. You'll work with a dedicated agent on the whole corridor, and the principal reviews every file.
