MANHATTAN & BROOKLYN | WEEKLY SCOOP
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The In-Between
Hi {{ First Name | Scooper }}! 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.
WEEKLY REPORT: April 11-17, 2026
MANHATTAN | CONDOS & CO-OPS
Second consecutive week of annual gains as condos surge: 255 contracts (+5% YoY) extended Manhattan's nascent recovery, with resale condos jumping 26% annually—the strongest condo performance in months and a potential signal that apartment buyers are returning.
111 West 57th Street penthouse closes 18% below original offering: The $45M sale at PH76 ($6,910 PPSF) became the week's top contract—a significant discount from the initial Schedule A pricing that reflects the recalibration required even at supertall trophy properties.
Studios explode 54% weekly and 28% annually: 37 contracts marked a dramatic reversal for the entry-level segment, suggesting first-time buyers may be finding opportunities as rates stabilize and inventory accumulates.
Above 34th Street rises 17% while Downtown falls 17%: The geographic split has shifted decisively uptown, with Upper East Side surging 38% annually and Upper Manhattan gaining 25%—while Downtown (-16%) and FiDi (-27%) contracted sharply.
Over $20M posts 3 contracts after weeks of minimal activity: Though modest, this marked an improvement from recent stretches when ultra-luxury went dormant—with $10M–$20M up 133% YoY, high-end demand is slowly reviving.
Insight 💡
The Power of Momentum
In NYC real estate, momentum is everything. When a listing attracts early interest — strong showings, quick follow-ups, second visits — it builds confidence and urgency around the opportunity. Without that early traction, even good properties can stall and require adjustments. Buyers and sellers often think momentum is luck, but it’s usually the result of pricing, presentation, and timing working together from day one.
Momentum isn’t random — it’s created.
Let’s build the momentum your next move needs from the start.
WEEKLY REPORT: April 11-17, 2026
BROOKLYN | CONDOS & CO-OPS
Tenth consecutive week of annual decline—but the slimmest yet: 92 contracts (-6% YoY) extended the historic losing streak, though the narrowing gap suggests Brooklyn's correction may finally be approaching a floor.
Resale condos surge 30% as apartment demand awakens: 26 contracts marked the strongest annual condo performance in months, breaking the pattern of frozen apartment activity that dominated recent weeks.
$1M–$3M segment jumps 53% annually: The 29 contracts in this price tier—up from just 19 last year—showed the mid-market finding traction after weeks of bifurcation between ultra-luxury and entry-level.
Bed-Stuy corridor continues outperformance: 21 contracts (+40% YoY, +62% WoW) made Bed-Stuy/Crown Heights/PLG/Bushwick the standout submarket for the second consecutive week, as buyers seeking value gravitate toward emerging neighborhoods.
265 6th Avenue leads Park Slope with classic townhouse scale: The $6M single-family sale—a 19-foot-wide brownstone at $1,476 PPSF—became Brooklyn's top contract, reinforcing sustained demand for single-family product in premier brownstone neighborhoods.
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.