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From left: City Council members Carlos Menchaca, Ritchie Torres and Donovan Richards with Industry City (Getty, iStock)

Council members call for override on Industry City rejection

It’s extremely rare for the City Council to support a project over the objections of the member whose district...

Council members call for override on Industry City rejection
442 Union Street and 257 Berry Street (Google Maps)

Brooklyn’s luxury market reaches new pandemic high

For the second week in a row, Brooklyn’s luxury market saw sales volume climb to record levels during the...

Brooklyn’s luxury market reaches new pandemic high
One Clinton Street and 179 Bergen Street (Google Maps, One Clinton BK)

Biggest week of pandemic for Brooklyn’s luxury market

Brooklyn’s luxury market has hit a new high since the pandemic closed down the city in March. Ten high-end...

Biggest week of pandemic for Brooklyn’s luxury market
Phara Souffrant Forrest and Zohran Mamdani (Instagram, Twitter, iStock)

A loss for real estate? Two more socialist candidates poised to win primaries

It looks like the political landscape may only get worse for real estate. Two more Assembly candidates backed by...

A loss for real estate? Two more socialist candidates poised to win primaries
1 John Street

$20M worth of Brooklyn homes went into contract last week

Nearly $20 million worth of luxury homes went into contract in Brooklyn last week. There were eight contracts signed...

$20M worth of Brooklyn homes went into contract last week
356 Sackett Street (Google Maps, Elliman)

Brooklyn’s back: Luxury contract volume hits four-month high

Almost $30 million worth of luxury residential property went into contract last week in Brooklyn. There were 11 homes...

Brooklyn’s back: Luxury contract volume hits four-month high
(iStock)

Brooklyn and Queens Q2 sales fall at highest rate in decade

Brooklyn home sales fell last quarter at the highest rate in 10 years, as the pandemic wiped out the...

Brooklyn and Queens Q2 sales fall at highest rate in decade
394 Vanderbilt Avenue (Douglas Elliman)

As weather heats up, Brooklyn luxury market doesn’t

Christmas in July is not a good thing when it comes to home sales. Once again, activity in Brooklyn’s...

As weather heats up, Brooklyn luxury market doesn’t
511 Macon Street and 70 Washington Street in Brooklyn (Courtesy Compass; Streeteasy)

Brooklyn’s luxury market slumped as in-person showings began

New York City’s first full week of in-person showings since March didn’t tempt many Brooklyn buyers. Last week, four...

Brooklyn’s luxury market slumped as in-person showings began
1 Clinton Street and 374 Clermont Avenue (Courtesy Compass)

No progress for Brooklyn’s moribund luxury market

Don’t call it a comeback. The luxury market in Brooklyn was stuck in neutral last week, as six properties...

No progress for Brooklyn’s moribund luxury market
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