MANHATTAN & BROOKLYN | WEEKLY SCOOP
Look ahead! 🫣 @tarikpeat
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: July 11 - 17, 2026
MANHATTAN | RESIDENTIAL SALES
Resale condos post twelfth consecutive week of annual gains: 85 contracts (+23% YoY) extended the sustained resale momentum, with double-digit annual growth driving the overall market while new development and co-ops softened.
Contracts have risen annually in all but one of the fifteen weeks since Easter: 229 contracts (+6% YoY) confirmed that the spring momentum has carried into summer, with Manhattan posting consistent year-over-year gains since early April.
One High Line sells 2% above original Schedule A pricing: The $14.55M contract ($3,790 PPSF) for West 26D marked a rare premium to sponsor pricing in a market where discounts have become common—a signal of sustained demand in prime Chelsea.
Two-bedroom surges 70% year-over-year: 95 contracts marked the strongest performance for this unit type in months, with Upper Manhattan (+38% YoY) and Downtown (+11% YoY) both posting gains.
Thirteen weeks post-pied-à-terre announcement: luxury up 2% versus 2025: 19 contracts above $5M (+12% YoY) brought the cumulative post-tax total to four more deals than the same period last year—confirming that the tax has not derailed luxury demand.
Insight 💡
Confidence Isn't a Feeling—It's a Process
Many people assume they'll feel confident when it's time to buy or sell. In reality, confidence usually comes after doing the work—not before. It grows from understanding your options, asking the right questions, and knowing your priorities. That's why even experienced buyers and sellers can feel uncertain at first. The goal isn't to eliminate every doubt; it's to make decisions with enough information that uncertainty no longer drives them.
Confidence isn't found—it's built through preparation and perspective. Let's build a process that gives you confidence before your next decision.
WEEKLY REPORT: July 11 - 17, 2026
BROOKLYN | RESIDENTIAL SALES
All five product types post annual gains for the first time in months: 132 contracts (+21% YoY) marked Brooklyn's strongest week since May, with new development (+40%), resale condos (+29%), co-ops (+12%), single-family (+21%), and multi-family (+45%) all rising.
New development hits highest weekly total since May: 21 contracts (+40% YoY) marked a turning point for sponsor inventory, with six of eight submarkets also posting annual gains.
South Brooklyn surges 231% week-over-week: 53 contracts (+36% YoY) made this submarket the standout performer, adding 14 more deals than last week—the largest nominal improvement of any neighborhood.
Single-family more than doubles week-over-week: 23 contracts (+109% WoW, +21% YoY) marked a dramatic rebound from last week's pullback, with Williamsburg (+89% WoW) and Bed-Stuy (+29% WoW) also surging.
683 10th Street leads with Park Slope scale and parking: The $5.75M contract for this three-unit townhouse with a driveway and two-car garage became Brooklyn's top sale—proof that functional features command premiums.
Grandson of a Jamaican developer. Corcoran agent. Short-term rental owner. I help executives, founders, and investors buy, sell, and hold across Manhattan and Brooklyn. I'm behind Tarik's Scoop because the market moves fast and busy people deserve clean signal, not noise.
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Thinking about buying or selling in NYC? I work with executives, founders, and investors across Manhattan and Brooklyn. |
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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.