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Brooklyn new development contract activity up 56 percent year over year - Vimarsana News

Brooklyn new development contract activity up 56 percent year over year

There were 420 Brooklyn new development contracts signed in Q1 2022 totaling $730 million based on last asking prices, according to Brown Harris Stevens Development Marketing’s (BHSDM) Q1 Brooklyn New Development Analysis. This contract activity marks a 56 percent increase year-over-year (270 contracts signed in Q1 2021) and 16 percent increase quarter-over-quarter...