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 30 - Jun 5, 2026
MANHATTAN | CONDOS & CO-OPS
Ninth consecutive week of annual gains—longest streak since December 2023: 287 contracts (+13% YoY) extended Manhattan's sustained recovery into its third month, confirming that the market's momentum has moved from trend to structural shift.
48 West 69th Street likely becomes highest-priced Upper West Side townhouse ever: The $85M contract ($4,337 PPSF) for this 19,600 SF property will surpass the current UWS record of $26M—a landmark transaction that signals trophy townhouse demand remains exceptional.
Townhouse sales triple year-over-year: 6 contracts (+200% YoY) marked the strongest annual performance for 1-4 family product in months, with the $85M sale anchoring a week that also saw 150 Nassau Street ($20M) and 143 East 19th Street ($10M) go to contract.
Resale condos and co-ops each post sixth consecutive week of annual gains: Condos (+22% YoY) and co-ops (+14% YoY) continued their unprecedented alignment—the longest simultaneous winning streak for both apartment product types since late 2023.
New development falls versus 2025 for first time in 11 weeks: 23 contracts (0% YoY, -26% WoW) broke the sustained new development momentum, with 8 fewer deals signed than the prior week—a potential signal that sponsor inventory's spring surge has cooled.
Insight 💡
Why Deadlines Create Clarity
Buyers and sellers often hesitate, waiting for the ideal moment. More information. Better conditions. A clearer signal. But perfect moments rarely arrive on their own. They're created by external deadlines that force decisions. The pied-à-terre tax taking effect July 1 is one of those moments. Not because it changes what you want—but because it changes when you need to decide. The best decisions aren't made when everything is certain. They're made when the cost of waiting becomes clear.
Deadlines don't rush decisions—they reveal priorities. Let's discuss what July 1 means for your timeline.
WEEKLY REPORT: May 30 - Jun 5, 2026
BROOKLYN | CONDOS & CO-OPS
Brooklyn posts second consecutive week of annual gains: 106 contracts (+4% YoY) marked only the fifth year-over-year increase in the past 17 weeks—modest but meaningful as the borough continues searching for sustained momentum.
New development nearly doubles week-over-week: 17 contracts (+89% WoW, +6% YoY) represented the strongest sponsor inventory performance in weeks, driven by increased activity across Williamsburg and Downtown Brooklyn.
$2M–$3M more than doubles year-over-year: 23 contracts (+109% YoY) made this price tier the standout performer by far, with over $3M also rising 25% annually—the high end continues outpacing entry-level and mid-market.
Fort Greene/Clinton Hill surges 150% annually: 10 contracts made this submarket the top performer, with Brooklyn Heights/DUMBO (+140% YoY) and Bed-Stuy corridor (+33% YoY) also posting strong gains.
435 Henry Street leads with Cobble Hill trophy scale: The $12.995M contract for this 24-foot-wide single-family townhouse ($1,677 PPSF) became Brooklyn's top sale—demonstrating sustained appetite for wide brownstones in prime locations.
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.
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.