Summer is already halfway through – how time flies! A quick recap of New Empire’s sales activities: – In Long Island City, The Neighborly (www.theneighborlylic.com) has more than 60% under contract since its launch in March, averaging 8 contracts per week. Latest LIC condo market report from #TheSmithTeam shows among the 12 contracts signed last week, The Neighborly’s Apt. S5E stayed on the market for only 30 days before contract was signed, significantly outperforming its new development comps with an average of 532 days on market. – In Prospect Park South Brooklyn, 567 Ocean Avenue (www.567ocean.com) has 6% under contract since June. – Also in Brooklyn, Six Garfield (www.sixgarfield.com) in Park Slope is launching its sales on September 9th – stay tuned! 2020 has been a challenging year for all of us, but we’re seeing remarkable sales progress on our projects across New York City. A huge shout out to the amazing team of New Empire for making this happen!
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