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 18-24, 2026
MANHATTAN | CONDOS & CO-OPS
New development surges 78% for largest annual gain of 2026: 41 contracts marked the third consecutive week of sponsor inventory growth—and the strongest year-over-year performance since the report began tracking, suggesting developer pricing has finally aligned with buyer expectations.
Sixteen Fifth Avenue penthouse becomes highest-priced Greenwich Village sponsor sale since August 2025: The $45M contract at PH2 ($6,595 PPSF) led the week's activity—a significant benchmark for Downtown luxury new development at a moment when the segment is showing renewed momentum.
$3M–$5M segment explodes 136% annually: 33 contracts more than doubled last year's activity, making this price tier the standout performer—while both below $3M (-2% YoY) and the ultra-luxury above $5M (+28% YoY) posted more modest moves.
Four-plus bedroom demand doubles again: 27 contracts (+80% YoY, +108% WoW) continued the multi-month surge in larger units, with three-bedroom also jumping 70% annually—space remains the dominant priority for active buyers.
Downtown leads all submarkets: 80 contracts (+25% YoY) made Downtown Manhattan the week's strongest performer by both volume and annual growth, reversing recent weeks when uptown neighborhoods dominated.
Insight 💡
Why the Best Opportunities Don’t Stay Open
In NYC real estate, every opportunity has a window — and it’s often shorter than it looks. The strongest buyers recognize when a property aligns and act before competition builds. Sellers, in turn, respond to that decisiveness. Waiting for more certainty can mean missing the moment entirely. The market doesn’t reward hesitation; it rewards clarity at the right time.
Opportunities don’t disappear — they get taken.
Let’s define your decision window before the next opportunity appears.
WEEKLY REPORT: April 18-24, 2026
BROOKLYN | CONDOS & CO-OPS
Eleventh consecutive week of annual decline—but multi-family surges: 107 contracts (-9% YoY) extended the historic losing streak, though the weekly rebound (+16% WoW) and strong multi-family performance (+50% YoY) suggest pockets of real momentum.
$2M–$3M more than doubles year-over-year: 19 contracts (+111% YoY) made this price tier the standout performer, with over $3M also rising 20% annually—the high end continues outpacing entry-level and mid-market segments.
2-to-4 family townhouses nearly double weekly: 21 contracts (+91% WoW, +50% YoY) marked the strongest multi-family performance in months, driven by increased activity in Bed-Stuy as investors seek income-producing properties.
Brooklyn Heights corridor jumps 58% weekly: 19 contracts (+27% YoY) made Downtown Brooklyn/Brooklyn Heights/DUMBO the top-performing submarket by annual growth, with waterfront proximity continuing to drive demand.
Quay Tower full-floor residence leads at $11.875M: The six-bedroom, library-equipped Residence 26A ($2,641 PPSF) became Brooklyn's top contract—demonstrating sustained appetite for trophy condo product in premier waterfront locations.
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.