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64 NYC new development contracts were signed last week, a 82.86% increase from the week before, and a 72.97% increase from a year ago.
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44 new closings totaled $135.08M.
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PPSF: Average contract asking price: $1,751 | Average closed sale price: $1,852.
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Of the 64 new dev contracts signed in NYC, 32 were in Manhattan, 28 were in Brooklyn, and 4 were reported in Queens.
Manhattan: 32 New Contracts Totaled $101.76M
Manhattan reported 32 contracts, marking a 68.42% increase from the previous week. Contracts were distributed across 24 buildings, with five projects reporting multiple contracts.
One High Line in West Chelsea reported four contracts on 2BR to 4BR units priced at $3.730M and $13.305M.
450 Washington in Tribeca reported three contracts on 1BR to 4BR units priced between $3.375M and $12.750M.
200e20th in Gramercy Park reported two contracts on Studio, 1BR and 2BR units priced at $1.195M and $4.395M.
Brooklyn: 28 New Contracts Totaled $47.04M
Deal volume increased by 133.33% to 28 this week. These contracts were distributed across 21 projects.
Williamsburg Wharf in Williamsburg reported three contracts on 1BR to 3BR units priced between $1.800M and $4.800M.
1020 Hancock Street in Bushwick reported two contracts on 1BR units priced at $599K and $640K.
Bergen Brooklyn in Boerum Hill reported two contracts on 1BR units priced at $1.450M and $1.550M.
Data for this report is deemed reliable at the time of collection, but is not guaranteed accurate. Data points were collected from Marketproof.com. Analysis and conclusions are subject to errors, omissions and revisions.