Jul 300 min readManhattan new development condo contracts in Q2 saw lower pricing but stronger sales activity, indicating a degree of balance as the market continues to focus on value and adapt to interest rates. Updated: Aug 12
While Mott Haven has been at the forefront of luxury rental development in the Bronx, demand is rising elsewhere as nearly half of the borough’s new apartments launched year-
In Southern Westchester, new development inventory has helped push overall luxury rental prices higher,
Brooklyn new dev condo contract pricing and total dollar volume of sales increased recently as buyers took advantage of declining interest rates.