Weekly Manhattan & Brooklyn Market Update: 6/30

Rihards Gederts | Elegran Fewer Listings, Steady Deals: NYC Real Estate Enters Summer Mode As we head into the July 4th holiday, the New York City real estate market is settling into its typical early-summer slowdown. Manhattan inventory dropped for the fourth straight week, now down to 7,162 a

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Weekly Manhattan & Brooklyn Market Update: 6/23

Rihards Gederts | Elegran Shake-Up in Rentals, Slowdown in Sales This week, eyes are on the NYC rental market, where the early impact of the newly implemented FARE Act is becoming impossible to ignore. The law, which went into effect on June 11, was intended to ease the financial burden on renter

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Weekly Manhattan & Brooklyn Market Update: 6/16

Rihards Gederts | Elegran   Brooklyn Sees Highest Weekly Contract Volume in Over Two Years as NYC Inventory Shrinks NYC’s real estate market gained momentum this week, especially in Brooklyn, where 182 contracts were signed, marking the busiest week since May 2023. That’s a 24% increase from last

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