It’s no secret that new residential construction in Brooklyn is booming. A report from Halstead Property Development Marketing (HPDM) offers a snapshot of the borough’s new development market.
It’s no secret that new residential construction in Brooklyn is booming. A report from Halstead Property Development Marketing (HPDM) offers a snapshot of the borough’s new development market.
“Artists have been the backbone of this community and are the underlying current to the fabric that exists,” said Brendan Aguayo of Halstead. “It should be a goal to ensure the protection of their interests be built into whatever framework is ultimately agreed upon.”
Our Chief Market and Planning Analyst Matt Petrallia lends his insight in this The Real Deal’s Residential Scorecard.
While there are only 13 homes in the Flatiron’s 21W20 building, each one is a study in luxury—especially the penthouses.
The smallest unit available, a 600-square-foot studio, is $895,000; the largest is a three-bedroom asking $2.625 million.