MANHATTAN & BROOKLYN | WEEKLY SCOOP

Look Ahead 🫣 @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: April 25-May 1, 2026
MANHATTAN | CONDOS & CO-OPS

  • Manhattan recorded 292 signed contracts last week — the strongest showing since early April 2025, up 9% year-over-year and marking four consecutive weeks of annual gains for the first time since December.

  • Every product type posted a year-over-year increase, and new development climbed annually for the full month of April — the first time that's happened since October 2025.

  • Two-bedroom contracts led all unit types with 88 signed, up 14% year-over-year, signaling steady mid-market demand from buyers who've been watching and waiting.

  • The entry-level segment surged: under-$1M contracts totaled 141, up 29% year-over-year, as buyers accelerated purchases ahead of further uncertainty.

  • Resale condos posted 95 contracts (+14% YoY) and co-ops held strong at 166 signed (+6% YoY), with Upper Manhattan standing out at 50% above last year's pace.

Insight 💡

The Emotional Side of Pricing

Pricing a home in NYC isn’t just a financial decision — it’s an emotional one. Sellers naturally remember what they invested, improved, and experienced inside the space. Buyers, however, evaluate what exists today compared to everything else on the market. The gap between those perspectives is where strategy matters most. The strongest pricing decisions balance emotion with market reality, creating enough confidence for buyers to act without hesitation.

Great pricing creates confidence on both sides of the deal.

Let’s position your home where emotion and strategy meet effectively.

WEEKLY REPORT: April 25-May 1, 2026
BROOKLYN | CONDOS & CO-OPS

  • Brooklyn recorded 115 signed contracts — its first year-over-year increase after 11 consecutive weeks of annual declines, up 24% from this time last year. The market is turning.

  • Williamsburg and Greenpoint led the borough with 16 contracts, up 220% year-over-year, making it the submarket's strongest performance of the spring season.

  • New development surged 140% year-over-year with 24 contracts signed, driven by concentrated activity in Williamsburg and Cobble Hill — signaling renewed buyer confidence in the pipeline.

  • Luxury demand is heating up: contracts above $3M more than doubled to 24 signed, and the $2M–$3M band rose 88% year-over-year, both pointing to strength at the higher end of the market.

  • Single-family and townhouse product continued its consistent outperformance — 9 signed contracts represent a 200% year-over-year increase, reinforcing this format as Brooklyn's most resilient segment.

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.

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