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 4-10, 2026
MANHATTAN | CONDOS & CO-OPS
First annual gain in weeks as tariff volatility anniversary passes: 265 contracts (+8% YoY) reflected easier comparisons—sales last year were depressed by tariff-related financial market turbulence, making this week's modest growth more about base effects than market strength.
New development posts first annual increase in five weeks: 32 contracts (+14% YoY) broke a sustained losing streak, while resale condos (+12% YoY) improved year-over-year for the first time in four weeks—a potential inflection point for apartment products.
Above $5M surges 42% while below $5M contracts 5%: The bifurcation persists—$10M–$20M tripled (+200% YoY) and $3M–$5M jumped 25%, but under $1M remained flat and studios continued declining (-25% YoY).
Four-plus bedroom demand explodes 170% annually: 27 contracts—up from just 10 last year—continued the multi-month surge in larger units, reinforcing that space-seekers with capital are the market's most active buyers.
Four townhouses land in top 10 contracts: 67 Bedford Street ($15.9M), 20 West 12th Street ($15.5M), 354 West 20th Street ($14M), and 150 West 11th Street ($11M) all went to contract—a remarkable concentration of townhouse activity at the high end.
Insight 💡
The Risk Behind a “Good Deal”
In NYC, a “good deal” isn’t always what it looks like at first glance. A lower price can come with hidden trade-offs — slower boards, higher future costs, or limited resale appeal. Experienced buyers and sellers look beyond the headline number and evaluate the full picture: liquidity, flexibility, and long-term positioning. The best outcomes don’t just feel like a deal today — they hold up over time.
Value is measured over time, not at signing.
Let’s evaluate your next move beyond just the price.
WEEKLY REPORT: April 4-10, 2026
BROOKLYN | CONDOS & CO-OPS
Eighth consecutive week of annual decline—longest stretch since July 2025: 83 contracts (-21% YoY) extended a sustained contraction spanning two full months, with Passover and NYC schools' spring break compounding underlying weakness.
Above $2M rises 29% while below $2M falls 31%: Brooklyn's bifurcation mirrors Manhattan's—high-end townhouse activity is driving gains while entry-level and mid-market apartment products remain frozen.
Resale co-ops plummet 35% as apartment demand evaporates: Just 22 contracts—12 fewer than last year—made co-ops the worst-performing product type for the second consecutive week, reflecting sustained buyer retreat from Brooklyn's most price-sensitive segment.
Park Slope triples week-over-week: 10 contracts (+150% WoW) marked a sharp weekly rebound for the brownstone neighborhood, though flat annually—suggesting pent-up demand released rather than sustained momentum.
357 Henry Street leads Cobble Hill with classic townhouse scale: The $6.75M single-family sale at $1,378 PPSF—featuring 4,900 SF across 4 bedrooms—reinforced that premium brownstone Brooklyn continues attracting buyers despite the broader slowdown.
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.