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: May 2 - 8, 2026
MANHATTAN | CONDOS & CO-OPS
Fifth consecutive week of annual gains—first sustained streak since December: 297 contracts (+18% YoY) marked the longest run of positive momentum in five months, signaling that Manhattan's spring recovery has moved beyond isolated green weeks into a genuine trend.
All three major product types outperform 2025 for the fourth straight week: New development (+25% YoY), resale condos (+37% YoY), and resale co-ops (+9% YoY) all posted annual gains simultaneously—the first time since the final week of 2024 that this alignment has persisted for a month.
Upper West Side explodes 74% annually: 66 contracts made the UWS the standout submarket by far, with nearly all Manhattan neighborhoods posting annual growth—only Upper Manhattan (-11%) and Midtown (-2%) contracted.
Four-plus bedroom demand more than doubles: 34 contracts (+127% YoY) continued the sustained surge in larger units, with one-bedroom (+36% YoY) and three-bedroom (+19% YoY) also posting strong annual gains—space remains the dominant buyer priority.
The Flatiron Building leads the top 10 for the third time this year:
8North at The Flatiron Building’s $17.625M contract ($4,532 PPSF) anchored another week of strong activity at the iconic conversion, which has now placed multiple units in the top contracts several times in 2026.
Insight 💡
Why Certain Homes Stay Top of Mind
Most buyers tour multiple homes before making a decision, yet only a few truly stick with them. The listings that are remembered usually create clarity — the layout makes sense, the pricing feels grounded, and the presentation helps buyers immediately picture their future there. In NYC, where attention moves quickly, memorable listings create emotional traction long before negotiations begin. The goal isn’t just to be seen — it’s to stay with the buyer after they leave.
The homes buyers remember are the ones they can picture themselves living in.
Let’s position your home to stand out for the right reasons.
WEEKLY REPORT: May 2 - 8, 2026
BROOKLYN | CONDOS & CO-OPS
Above $3M surges 500% as luxury townhouses dominate: 18 contracts—up from just 3 last year—marked the most dramatic annual gain at any price tier in months, driven by a concentration of high-end single-family activity in brownstone Brooklyn.
205 Clinton Street becomes the highest-priced Brooklyn sale of the week: The $16.995M contract for this 25-foot-wide Cobble Hill single-family townhouse ($3,444 PPSF) anchored the luxury surge—with 234 Clinton Street at $10.995M also landing in the top 5.
Single-family townhouses jump 57% annually: 11 contracts—4 more than last year—reinforced that detached homes with outdoor space remain the one product type consistently outperforming, even as the broader borough posts another annual decline.
Brooklyn Heights corridor nearly doubles year-over-year: 26 contracts (+86% YoY) made Downtown Brooklyn/Brooklyn Heights/DUMBO the standout submarket, with Fort Greene/Clinton Hill (+100% YoY) and Carroll Gardens/Boerum Hill (+150% YoY) also surging.
Resale co-ops collapse 44% as apartment weakness persists: Just 27 contracts extended the sustained retreat from Brooklyn's most price-sensitive segment—while entry-level under $500K fell 68% annually, reflecting frozen first-time buyer demand.
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.