Manhattan Weekly Report 9/16/23 ~ 9/22/23
📌134 contracts signed, down 13% week-over-week and 16% year-over-year.
📌This was the lowest number of contracts signed for the third week of September since 2008.
📌All product types experienced annual declines over 15% due to the 20% decreased in new development sales.
📌This was the 2nd week in a row that Midtown and the Financial District/BPC saw annual gains in contract activity.
📌No contracts over $10M were reported for a second consecutive week.
