Number of new development contracts in Brooklyn exceeds last year’s contracts

BROOKLYN — The site in its April 2012 New Development Market Report notes that contracts have increased in Brooklyn over the past year.

The report also notes that its data — for Brooklyn, Manhattan and Queens — is based solely on sponsor sales listings marketed on its site.

In Brooklyn, new development contracts have increased 10.2 percent since a year ago and 22.7 percent since six months ago, according to the report.

Additionally, inventory has declined 27.5 percent since a year ago and 21.9 percent since six months ago.

For a copy of the complete report, please send an email to or call 646-365-0283.

June 5, 2012 - 9:41am



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