New Development Condo Report

Brooklyn

• Inventory expanded as developers filed more units than were purchased
• Developers filed 22 plans with 251 units
• The state approved three plans with 83 units valued at $74 million
• Buyers purchased 119 units valued at $102 million

Queens

• Inventory contracted as developers filed fewer units than were purchased
• Developers filed one plan with 14 units
• The state approved 0 plans for sale
• Buyers purchased 94 units valued at $78 million

Supply

Demand