New development condo report

Brooklyn

• Inventory expanded as developers filed more units than were purchased
• Developers filed 16 plans with 140 units
• The state approved seven plans with 88 units valued at $59 million
• Buyers purchased 115 units valued at $122 million

Queens

• Inventory expanded as developers filed more units than were purchased
• Developers filed three plans with 75 units
• The state approved one plan with 46 units valued at $55 million
• Buyers purchased 21 units valued at $18 million

Supply

Demand