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MANHATTAN & BROOKLYN | WEEKLY SCOOP
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The In-Between
Just like our favorite streaming series, every story has a beginning, an end, and the all-important in-between.
In-between each monthly scoop, NYC’s real estate market continues to churn with transactions. I’m here to keep you in the loop. Expect a concise, weekly snapshot of the market’s latest moves—straight to the point, just for you.
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WEEKLY REPORT: Oct 25 to 31, 2025
MANHATTAN | CONDOS & CO-OPS
Strong year-over-year momentum with selective weekly softness — Contract signings reached 262, marking a 13% annual increase and achieving year-over-year growth across all product types for the first time since April, despite an 8% weekly decline.
Luxury segment significantly outperforms — High-end transactions ($3M+) surged 56% compared to last year, with the $5M-$10M range climbing 14% and the ultra-luxury $10M-$20M category jumping 250%, signaling robust demand at the top of the market.
Townhouse activity reaches unprecedented levels — Single-family and multi-family townhouse contracts tripled versus 2024, with the week's top contract at $49.95M for a townhouse on East 80th Street, indicating strong appetite for trophy properties.
Geographic concentration shifts toward premium neighborhoods — The Upper East Side led with 62 contracts (up 17% week-over-week), while the Financial District & Battery Park City showed 30% weekly growth, suggesting investor confidence in established luxury corridors.
Larger unit formats gaining traction — Four-bedroom-plus contracts surged 91% from the previous week, reflecting demographic shifts and demand for spacious accommodations among high-net-worth buyers.
Insight 💡
Welcome to Tarik’s Scoop – Beyond the Numbers, where we cut through the data and focus on practical knowledge.
Why November Is the Quiet Advantage Month
November rewards strategy, not pause. In Nov 2024, Manhattan recorded its strongest fall in three years, with nearly 70% of contracts signed below asking—proof that the buy side negotiated well. Meanwhile, Brooklyn deals averaged just 0.4% below ask in Nov 2024, showing sellers held steady amid tight supply. The message is clear: even in quieter months, the best results go to those who price and act strategically.
November is quiet—and that’s your edge.
[Let’s plan] your next move before year-end.
WEEKLY REPORT: Oct 25 to 31, 2025
BROOKLYN | CONDOS & CO-OPS
Market stabilization with modest growth trajectory — Contract volume reached 110 units, representing an 11% year-over-year increase while year-to-date activity remains flat versus 2024, indicating a market finding equilibrium after recent volatility.
Entry-level segment drives volume expansion — Sub-$500K transactions surged 64% annually and 29% week-over-week, adding seven sales, as affordability-focused buyers increasingly look beyond Manhattan for value opportunities.
Co-op resurgence signals pricing advantages — Co-op contracts climbed 11% weekly and expanded their market share, with 31 units going into contract, suggesting buyers are prioritizing value in a higher-rate environment.
South Brooklyn emerges as growth leader — The region posted the largest nominal increase with a ten-contract differential, indicating geographic diversification as buyers explore neighborhoods farther from Manhattan-adjacent areas.
New development faces headwinds — New construction contracts declined 41% week-over-week and 55% year-over-year to just 13 units, reflecting buyer preference for existing inventory amid pricing pressures and delivery uncertainties in the development pipeline.
As the grandson of a Jamaican developer, real estate has always been part of my life. I love helping people buy, sell, and invest in NYC—especially in Greenwich Village and luxury homes. Owning short-term rentals myself, I understand the practical side of investing. With Corcoran’s resources, I aim to make every step simple, clear, and focused on your goals.
All information contained within this document is intended for informational purposes only and is sourced from sources that are considered reliable. Although the information is believed to be accurate, it is presented subject to omissions, errors, modifications, or withdrawal without prior notice. This is not intended to solicit property that has already been listed. Equal Housing Opportunity.