• 44 NYC new development contracts were signed last week, a 10.2% decrease from the week before, and a 2.33% increase from a year ago.

• 74 new closings totaled $188.7M.

• PPSF: Average contract asking price: $1,933 | Average closed sale price: $1,534.

• Of the 44 new dev contracts signed in NYC, 23 were in Manhattan, 14 were in Brooklyn, and 7 were reported in Queens.

Manhattan: 23 New Contracts Totalled $107.18M

Manhattan reported 23 contracts, marking a 4.170% decrease from the previous week. Contracts were distributed across 18 buildings, with five projects reporting multiple contracts.

145 Central Park North in Harlem reported two contracts on 3BR units priced at $2.600M. 

77 Greenwich in Financial District reported two contracts on 2BR and 3BR units priced at $1.510M and $1.525M. 

181 Macdougal Street in Greenwich Village reported two contracts on 2BR units priced at $3.325M and $3.585M.

Brooklyn: 14 New Contracts Totalled $26.04M

Deal volume decreased by 26.32% to 14 this week. These contracts were distributed across 13 projects.

110 Eckford St in Greenpoint reported two contracts on 3BR units priced at $2.250M and $2.350M.

_{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.}