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New York City Residential Market s Fall Trends
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How the Brooklyn Heights library branch found a new home
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A unit at a Brooklyn Heights condo was the priciest deal last week. (One Clinton)
After several strong weeks, Brooklyn’s luxury market dipped a bit in the final week of February. The category is defined as properties asking $2 million or higher. A Brooklyn Heights condo was the priciest unit of the week.
Just 18 contracts were signed with a total sales volume of $46.2 million, according to Compass’ weekly luxury market report. The average asking price was $2.6 million. The total was a decrease from the previous three weeks, each of which had at least 20 deals and a total sales volume above $65 million.