Brooklyn luxury market tops $100M in contract signings in one week

When Brooklyn’s luxury market notched $115 million in contracts last November, housing data guru Jonathan Miller said the contract volume was “the kind of number you don’t really see.” But last week came close.  The borough netted over 35 contracts for over $108 million in contract volume between Sept. 29 and Oct. 5, according to Compass’ weekly report for contracts signed for homes asking at least $2 million. The contracts comprised 12 condos and 23 houses. During the first week of October last year, the borough saw 15 contracts signed for over $56 million, and it was the strongest opening […] This article originally appeared on The Real Deal. Click here to read the full story.