• Weekly Manhattan & Brooklyn Market: 10/3,Elegran | Forbes Global Properties

    Weekly Manhattan & Brooklyn Market: 10/3

    Week of 10/03/2022 The Manhattan market is nearly a buyer’s market based on the UrbanDigs’ Market Pulse indicator, as supply rises and pending sales fall. The Manhattan’s Market Pulse is now 0.39, right on the border of a buyer’s market and has decreased from 0.42 in the past week. The Manhattan Mar

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  • New Development Spotlight,Elegran | Forbes Global Properties

    New Development Spotlight

    Summer Highlights Was there a summer slowdown? Maybe for some but not for all. Despite naysayers chattering about higher interest rates, harsh inflation and stock market swings, August saw increased new development activity compared to July. According to Marketproof, 259 contracts were signed, just

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  • Weekly Manhattan & Brooklyn Market: 9/19,Elegran | Forbes Global Properties

    Weekly Manhattan & Brooklyn Market: 9/19

    Week of 09/19/2022 Supply continues to rise notably in Manhattan as 569 new listings came to market increasing total Manhattan supply above 7,000 where it stood in early August. Contract activity in Manhattan rebounded last week, rising 42%. Manhattan’s Market Pulse continues to decline as supply ri

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