MANHATTAN & BROOKLYN | WEEKLY SCOOP
Look Around 🫣 @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: Mar 14-20, 2026
MANHATTAN | CONDOS & CO-OPS
200 East 75th Street sweeps top two spots as penthouses clear: PH4 ($19.7M) and PH2 ($17.5M) contracted in the same week, leaving just one penthouse remaining in the building—a rare double-close that signals persistent demand for finished, move-in-ready luxury despite broader market softness.
$10M–$20M segment triples year-over-year: 8 contracts (+300% YoY) made this the only price tier posting annual gains—a stark contrast to last week's complete shutout above $20M, suggesting ultra-luxury buyers are recalibrating toward the $10M–$20M sweet spot.
Fifth consecutive week of condo declines: Both new development (-24% YoY) and resale condos (-12% YoY) extended their losing streaks, while resale co-ops (-21% YoY) continued struggling—no apartment product type has posted annual gains in over a month.
Financial District surges 78% weekly and 45% annually: 16 contracts made FiDi the standout submarket, dramatically outperforming all other neighborhoods—a reversal from recent weeks when Downtown lagged.
Four-plus bedroom demand doubles again: 22 contracts (+69% YoY) continued the multi-month surge in larger units, with two-bedroom (+4% YoY) the only other unit type posting annual growth—space remains the dominant priority.
Insight 💡
The Power of the Walk-Away
In NYC real estate, one of the strongest positions you can have is the ability to walk away. Buyers who aren’t anchored to a single outcome negotiate with clarity, not pressure. Sellers who are willing to pass on the wrong offer protect long-term value. Deals often come together not when someone pushes harder, but when both sides know their limits. The quiet confidence to step back is often what brings the right deal forward.
Leverage comes from having a real alternative.
Let’s define your walk-away point before the negotiation begins.
WEEKLY REPORT: Mar 14-20, 2026
BROOKLYN | CONDOS & CO-OPS
Two consecutive months of annual decline—first since July 2025: 83 contracts (-27% YoY) extended a sustained contraction not seen in eight months, signaling Brooklyn's correction has moved beyond weekly volatility into a structural reset.
Above $2M surges 69% while below $2M collapses 39%: The borough's bifurcation has intensified dramatically—luxury townhouses and high-end condos are finding buyers while entry-level and mid-market activity has frozen.
Single-family townhouses triple week-over-week: 8 contracts (+167% WoW) represented the strongest weekly rebound for any product type, though flat annually—suggesting pent-up demand released in a single week.
Brooklyn Heights corridor posts rare annual gain: 13 contracts (+8% YoY) made Downtown Brooklyn/Brooklyn Heights/DUMBO one of only two submarkets growing annually, driven by a 63% weekly surge.
42 South Portland Avenue leads with Fort Greene scale: The $5.75M two-family townhouse—Brooklyn's top sale this week—demonstrated continued appetite for income-producing brownstones even as the broader market contracts.
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.