Demand for Manhattan rentals plummets, a record $20 million penthouse sale in Brooklyn, & more

By Donna M. Airoldi | October 12, 2018 - 11:00AM

Demand for Manhattan rentals plummeted in September according to a report from Douglas Elliman, but prices were up, thanks to new development (Mansion Global)

The developer of a tower near Barclays Center has cut plans for condos and instead will make the building’s 810 units all rentals (The Real Deal)

A $20 million sale of a penthouse condo in Quay Tower going up at Pier 6 in Brooklyn Bridge Park is poised to set a price record for the borough (Brooklyn Paper)

Rentals with riverfront views, buildings with green spaces, and other NYC real estate trends (New York Post)

Should condo and co-op board meetings be open or closed to shareholders? (Habitat Magazine)

NYCHA may have approved a lucrative contract with an outside firm — a violation of state law (NY Daily News)

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.