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
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.