The Real Deal New York

From the July issue: One: That’s the number of apartments that closed in Cobble Hill in May. There was also just one single solitary closing the month before that in April, according to research compiled by StreetEasy. This month The Real Deal zeroed in on the area to find out what kinds of deals were making it to closing. While on the face of it, that one deal seems like a pretty bleak indicator of the market in the Brooklyn neighborhood, those in the know maintain it’s not nearly as bad as it appears.