Sep 13, 20241 min readBrooklyn new dev condo contract pricing and total dollar volume of sales increased recently as buyers took advantage of declining interest rates. Updated: Oct 9, 2024Upcoming anticipated rate cuts from the Fed could further encourage sales activity as well.
Hudson Yards stands out in New York City with its high concentration of new developments, and pricing remains strong among Manhattan neighborhoods as the holiday season kicked off in November.
New rental development continues to expand the skyline of the Greenpoint waterfront, with top properties offering open views of Manhattan and achieving among the highest prices in Brooklyn.
Journal Square continues its emergence as a sought-after neighborhood with each new luxury development enhancing the area, making it an attractive destination for renters seeking new apartments.