MANHATTAN & BROOKLYN | WEEKLY SCOOP

The In-Between

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 1 to 7, 2025
MANHATTAN | CONDOS & CO-OPS

• Steady Market Activity in Manhattan. Contracts signed showed consistent performance compared to the prior week, reflecting a stable market. Year-over-year trends indicate moderate growth in specific price segments, with high-end properties gaining traction.

• Luxury Market Remains Strong. Properties over $3M continue to see steady interest, with notable deals closed in prime neighborhoods. The ultra-luxury segment ($5M+) saw increased activity, reflecting renewed confidence among high-net-worth buyers.

• Key Neighborhood Trends. Downtown Manhattan remains the most active submarket, with contracts increasing in areas like Tribeca, Flatiron, and the West Village. Uptown neighborhoods, including the Upper East Side, showed resilient buyer demand, particularly for co-ops.

• Shifting Demand Across Unit Types. Two-bedroom apartments remained the most in-demand unit type, with strong absorption rates. Three-bedroom and larger units saw increased interest from families and long-term investors.

• Spring 2025 Market Outlook. As we head into the busy spring season, Manhattan sellers can expect sustained demand—especially in well-priced, newly renovated properties. Buyers continue to seek value in emerging submarkets, making it an opportune time for strategic investment.

Beyond The Doorman™

Welcome to 250 West 15th Street #1i — a spacious Second Floor, south-facing 1BR at the crossroads of Chelsea & the West Village! This smart home features a working fireplace, custom built-ins, a chef’s kitchen, a king-size bedroom, a dedicated WFH space, and outdoor space.

Step outside to your semi-private oasis—a rare retreat perfect for relaxing or entertaining! Located in a pet-friendly elevator co-op with a live-in super, laundry, and a virtual doorman. Moments from Chelsea Market, the High Line, and major subways! Maintenance includes Spectrum cable and high-speed internet.

Discover luxury living at 250 W 15th Apt 1i. Schedule your private tour today and make this stunning Chelsea residence yours!

WEEKLY REPORT: Mar 1 to 7, 2025
BROOKLYN | CONDOS & CO-OPS

• Brooklyn Market Growth Continues. Contracts signed rose 18% from last week and 15% year-over-year. Year-to-date contracts in 2025 are also up 15% compared to 2024.

• Luxury Market Sees Significant Growth. Properties over $3M saw a 400% increase in contracts signed from the previous week. The $2M-$3M range surged 300% year-over-year, highlighting luxury demand.

• Williamsburg & Greenpoint Lead the Borough. Contracts in Williamsburg & Greenpoint increased 44% week-over-week and 136% year-over-year. Other strong areas included Brooklyn Heights/DUMBO (50% YoY increase).

• Three-Bedroom Units in Demand. Three-bedroom contracts surged 117% compared to the previous week. Studios and two-bedrooms also saw steady demand, while one-bedrooms declined 22% year-over-year.

• Top Brooklyn Contracts Signed. Highest-priced contract: $3.8M condo at 280 Saint Marks Avenue (4 beds, 3 baths). Other notable deals included Bergen Brooklyn ($3.6M) and One Williamsburg Wharf ($3.2M).