Brooklyn and Queens condo data show inventory shrank

A roundup of news and data on the residential market

TRD NEW YORK TRD ISSUE /
Mar.March 25, 2020 04:15 PM

New development condo report

Brooklyn

• Inventory contracted as developers filed fewer units than were purchased
• Developers filed six plans with 27 units
• The state approved 0 plans for sale
• Buyers purchased 130 units valued at $105 million

Queens

• Inventory contracted as developers filed fewer units than were purchased
• Developers filed three plans with 80 units
• The state approved 0 plans for sale
• Buyers purchased 91 units valued at $91 million

Supply

Demand


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