32 new development contracts were signed last week across Manhattan and Brooklyn, totaling $154.11M in volume, a 6.7% increase from the week before and a 20.0% decrease from a year ago.

Of the 32 new dev contracts signed last week, 17 were in Manhattan and 15 were in Brooklyn.

62 new closings totaled $185.14M ($145.40M in Manhattan, $39.75M in Brooklyn).

$/ft²: Average new-dev contract price per square foot this week: $2,185 | Average closed sale price per square foot: $1,827.

Manhattan: 17 New Contracts Totaled $126.83M

Manhattan reported 17 contracts last week, a 10.5% decrease from the previous week and a 26.1% decrease from a year ago. One building, 44w8 Condominium, led the borough with 2 contracts.

44w8 Condominium in Greenwich Village reported two contracts, from $9.75M to $9.95M. The 5-unit development (launched August 2026) is 40% sold or in contract.

The Henry, Apt PHW, on the Upper West Side reported a contract on a 5BR unit priced at $26.88M — the top contract in Manhattan this week.

The Flatiron Building, Apt N19, in Flatiron reported a contract on a 4BR unit priced at $25.50M.

Brooklyn: 15 New Contracts Totaled $27.28M

Brooklyn reported 15 contracts last week, a 36.4% increase from the previous week and a 11.8% decrease from a year ago. One building, 222 16th Street, led the borough with 2 contracts.

222 16th Street in South Slope reported two contracts, from $1.97M to $2.25M. The 32-unit development (launched May 2026) is 31% sold or in contract.

One Domino Square, Apt PH1D, in Williamsburg reported a contract on a 2BR unit priced at $6.06M — the top contract in Brooklyn this week.

Williamsburg Wharf, Apt 16C, in Williamsburg reported a contract on a 3BR unit priced at $3.66M.

New Sales Launches

1 new development started sales in Manhattan this week, and 5 in Brooklyn.

London Clay Townhouse, Flatiron — 3 units, sales started September 17.

420 Court Street, Carroll Gardens — 4 units, sales started September 18.

361 Union, Carroll Gardens — 2 units, sales started September 17.

740 Union Street, Park Slope — 1 unit, sales started September 17.

93 Wyckoff Street, Boerum Hill — 6 units, sales started September 17.

1668 Dean Street, Crown Heights — 8 units, sales started September 1.

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.