Manhattan Weekly Snapshot June 15 – 21, 2024
250 contracts signed, up 4% week-over-week and up 15% year-over-year
This was the most significant year-over-year percentage gain in signed contracts since the second week of April
Reported new development sales were tied for their strongest week since May 2022 at 46 contracts signed
The strong new development performance was driven by eight contracts reported at 520 Fifth and five contracts reported at Lightsquare Condominium
Sales improved annually for 14 of 20 categories, including in Midtown, where contracts more than doubled versus 2023