MANHATTAN & BROOKLYN | WEEKLY SCOOP
Look Up! 🫣 @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: Jun 13 - 19, 2026
MANHATTAN | RESIDENTIAL SALES
Eleventh consecutive week of annual gains—longest streak since January 2022: 264 contracts (+6% YoY) extended Manhattan's sustained recovery to nearly three months, and for the first time this year, Manhattan's year-to-date sales are up versus 2025.
Townhouses surge 500% week-over-week: 6 contracts marked a dramatic rebound from just 1 the prior week, with 165 East 64th Street ($18.5M, $2,634 PPSF)—a 20-foot-wide townhouse on market for less than a month—leading the top contracts.
New development drops 30%—largest decline since March: 19 contracts (-37% WoW, -30% YoY) broke the sustained sponsor momentum, though last week's 30 contracts may have been an outlier after 23 consecutive weeks above 20.
Nine weeks post-pied-à-terre announcement: sales over $5M up 2% versus 2025: Despite this week's 23% annual decline in luxury, the cumulative post-announcement trend remains positive with five more contracts than the same nine-week period last year.
Financial District doubles year-over-year: 8 contracts (+100% YoY) made FiDi the standout submarket, with Upper Manhattan (+50% YoY) and Four+ bedroom (+89% YoY) also posting significant gains.
Insight 💡
The Danger of the Perfect Plan
Many buyers and sellers spend months building the perfect plan—waiting for the perfect listing, the perfect offer, or the perfect market conditions. The problem is that real estate decisions are made in the real world, not in perfect conditions. The most successful people don't wait for every variable to align. They identify what matters most, accept a degree of uncertainty, and move forward with confidence. Progress often comes from good decisions made at the right time, not perfect decisions made too late.
The pursuit of perfect can become the enemy of progress. Let's focus on the decisions that move you forward, not the ones that keep you waiting.
WEEKLY REPORT: Jun 13 - 19, 2026
BROOKLYN | RESIDENTIAL SALES
Brooklyn posts fourth consecutive week of annual gains: 99 contracts (+5% YoY) marked the sixth year-over-year increase in the past eight weeks—the most sustained momentum the borough has shown all year.
Single-family townhouses surge 70% year-over-year: 17 contracts continued the detached home outperformance, with 122 State Street in Brooklyn Heights ($6.95M for a 25-foot-wide multi-family) anchoring the week's top sales.
$3M–$5M surges 350% year-over-year: 9 contracts (+7 vs. last year) made this luxury tier the standout performer by far, confirming that Brooklyn's high end continues driving the borough's recovery.
Brooklyn Heights/Downtown Brooklyn posts largest annual increase: 16 contracts (+78% YoY, +14% WoW) marked the strongest performance in this submarket in weeks, driven by stronger resale activity than a year ago.
Resale condos rise 19% annually: 32 contracts outpaced co-ops (-4% YoY) and new development (-29% YoY), suggesting that buyer preference has shifted toward existing inventory with established track records.
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.