The week in real estate market reports

A weekly feature bringing you the industry’s latest intel

New York /
Aug.August 05, 2015 01:45 PM

The latest batch of reports from around the real estate industry found that Brooklyn had the majority of the city’s largest multifamily deals in the second quarter and that broker confidence is dipped slightly.

Residential

Q2 2015 Broker Confidence Index: REBNY

Broker confidence fell slightly in the second quarter of 2015, with residential brokers concerned over rising interest rates and commercial brokers less confident about future financing. Read the full report here.

Q2 2015 Manhattan residential sales: Citi Habitats

Manhattan’s residential sales market showed signs of reserved growth in the second quarter of the year. Closed sales totaled 4,235 and was up 2 percent year-over-year. Read the full report here.

Q2 2015 Manhattan residential sales: Brown Harris Stevens

The price for Manhattan apartments averaged $1.8 million in the second quarter, an 8 percent increase year-over-year, although prices fell slightly from the prior quarter. Read the full report here.

Manhattan luxury contracts July 20-July 26: Olshan Realty

Twenty-three contracts were signed for Manhattan apartments priced $4 million and above in the third week of July. Asking prices for the week totaled $223.1 million and the average asking price for apartments that entered into contract was $9.7 million. Read the full report here.

Commercial

Mid-year 2015 Brooklyn investment sales: Ariel Property Advisors

Brooklyn investment sales are up 74 percent year-over-year. The borough saw 1,083 properties trade across 766 deals. Read the full report here.

Q2 2014 NYC multifamily sales: Ariel Property Advisors

Brooklyn had four of the five largest multifamily deals in New York City in the second quarter. Overall dollar volume for the quarter totaled $3.3 billion, a 74 percent increase compared to the same period last year. Read the full report here.


Related Articles

arrow_forward_ios
Clockwise from top left: 162 West 13th Street, 325 Avenue Y in Brooklyn, 1281 Viele Avenue in the Bronx (Credit: Google Maps)
Here’s what the $10M-$30M NYC investment sales market looked like last week
Here’s what the $10M-$30M NYC investment sales market looked like last week
Real Capital Analytics data showed that New York’s multifamily market had a very slow July. (Credit: iStock)
New NYC rent law “beginning to shut down investment”
New NYC rent law “beginning to shut down investment”
Numbers were down across the board (Credit: iStock)
New York’s multifamily market had its slowest first half of the year since 2011
New York’s multifamily market had its slowest first half of the year since 2011
Brooklyn saw increases in prices, sales and inventory. (Getty, Two Trees)
Brooklyn’s median sales price hit record high in Q1
Brooklyn’s median sales price hit record high in Q1
Paul Fishbein pretended to own properties across the city, pocketing rental assistance checks in the process, authorities said. (Getty)
Landlord imposter pocketed $1.5M in rental assistance: Authorities
Landlord imposter pocketed $1.5M in rental assistance: Authorities
E&M Management Founder Irving Langer. (E&M, Getty)
Multifamily giant Irving Langer pays off defaulted loan after selling properties
Multifamily giant Irving Langer pays off defaulted loan after selling properties
CDC director Dr. Rochelle Walensky (Getty, iStock)
CDC extends national eviction ban through June
CDC extends national eviction ban through June
Bolivar Development's Peter Fine and 401 West 218 Street. (Google Maps)
10 biggest new project filings in NYC
10 biggest new project filings in NYC
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...