Manhattan Weekly Report 5/27/23 ~ 6/2/23
📌222 contracts signed, down 5% vs. last week & 18% vs. last year due to the Memorial Day Holiday
📌New development market showed no annual decline for the 4th week
📌Sales over $5M jumped 80% annually, the highest weekly total since March 2022
📌Upper Manhattan showed weekly & annual increase in under $1M contracts
📌One High Line West PH35A achieved the highest price per sq-ft in Downtown this year
