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 20 - 26, 2026
MANHATTAN | RESIDENTIAL SALES
The streak ends at eleven—first annual decline since Easter: 246 contracts (-1% YoY) marked Manhattan's first year-over-year contraction in nearly three months, though the decline was minimal and driven entirely by a 10% drop in resale co-op sales.
Four+ bedroom more than triples year-over-year: 24 contracts (+243% YoY) marked the strongest performance for family-sized units all year, with seven more contracts than last week and seventeen more than last year.
New development posts second-largest annual gain of 2026: 25 contracts (+56% YoY) surged as sponsor sales under $2,000 PSF more than doubled versus 2025—a sign that developers are pricing to move ahead of the summer slowdown.
$3M–$5M more than doubles annually: 30 contracts (+114% YoY) made this price tier the standout performer, even as sales over $5M fell 24% and the ultra-luxury tiers went quiet.
565 Broome Soho becomes Hudson Square's most expensive sale since May 2021: The $18.995M contract ($4,057 PPSF) for unit S28A anchored a top-10 list that included two townhouses and three units above $10M.
Insight 💡
The Questions That Matter Most
The difference between a good real estate decision and a great one often comes down to the questions being asked. Instead of focusing solely on price, experienced buyers ask, "Why is the seller moving?" Sellers ask, "What concerns might buyers have before they even walk in?" The answers to these questions uncover opportunities that numbers alone can't. In real estate, asking better questions often leads to better outcomes.
The quality of your questions often determines the quality of your decisions. Let's identify the questions that will give you an advantage before your next move.
WEEKLY REPORT: Jun 20 - 26, 2026
BROOKLYN | RESIDENTIAL SALES
Brooklyn's winning streak ends at four: 90 contracts (-10% YoY) marked the borough's first annual decline in five weeks, as activity pulled back across most product types and price tiers.
Resale condos the only product type posting annual gains: 29 contracts (+16% YoY) outperformed co-ops (-11%), new development (-21%), and townhouses (-29%)—a reversal of recent weeks when detached homes led.
Over $5M quintuples year-over-year: 5 contracts (+400% YoY) marked the strongest luxury performance in weeks, even as mid-market tiers contracted—the borough's bifurcation continues.
Park Slope doubles annually: 16 contracts (+100% YoY, +60% WoW) made this submarket the standout performer, driven by stronger resale activity than a year ago.
40 Garden Place leads with trophy Brooklyn Heights scale: The $12.75M contract for this renovated single-family townhouse became Brooklyn's top sale—the second consecutive week a Heights brownstone topped the list.
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.