Manhattan stays the centre of gravity for New York City’s housing market, accounting for just about 60 per cent of the city’s residential gross sales quantity throughout all on-sector deals recorded final year. But Brooklyn and Queens are residence to a increasing share of the city’s high-conclusion listings.
From stately townhomes of Brooklyn Heights to towering new developments climbing in Extensive Island Town, the city’s two major boroughs are progressively considerable parts of its residential industry, and the top performers in Brooklyn and Queens have been well represented on TRD’s citywide ranking of the prime residential brokers in 2022.
To uncover out which brokers and teams closed the most sales throughout the East River, TRD drilled into that dataset of 58,000 discounts, but this time broke down the knowledge by borough, combining the two resales and new advancement gross sales.
In Brooklyn, the top rated sellers were Douglas Elliman’s Lindsay Barton Barrett Crew, which closed 84 offers in the borough totaling $215 million in volume. Elliman’s Doug Bowen/Zia O’Hara Workforce took the No. 2 slot with virtually $213 million in volume throughout 66 deals. The Corcoran Group’s dynamic duo of Jim Cornell and Leslie Marshall rounded out the major 3 with 74 transactions in Brooklyn totaling almost $212 million.
Just about all of Brooklyn’s major 10 producers managed to beat the borough’s ordinary residence price of just around $1.2 million, with the top a few averaging $2.6 million, $3.2 million and $2.9 million, respectively. But it was Sotheby’s Global Realty’s tenth-rated Heyman Group that secured the maximum common rate among the major 10, averaging nearly $3.6 million across 31 bargains.
Brooklyn is perfectly-established as a new hotspot of New York authentic estate. Queens continues to be a lot more of a wild frontier for the city’s prime brokerages. Eight of the top 10 Brooklyn brokers get the job done for 1 of the city’s 3 biggest companies. In Queens, almost all of the top producers operate at corporations that are relatively not known in Manhattan.
Helen Lee, primary a team at Contemporary Areas that’s marketing and advertising Skyline Tower, Queens’ tallest creating, took the major spot with $187 million in volume last yr across 158 specials — virtually all of them sponsor income at the Hunters Place development, which began product sales in 2018.
The to start with broker in the Queens ranking working mostly in resales is next-rated Maureen Ramsbottom, who has led the Maureen Folan Authentic Estate Team in 2017. She led the borough in resales final 12 months, closing 119 deals for a overall quantity of additional than $116 million.
There’s a massive hole among the borough’s leading two producers and the rest of the pack.
Po Wei Tair at RE/MAX 1st Decision took the No. 3 place with $63.3 million in volume throughout 55 transactions, adopted intently by Li Li of B Square Realty with $63.2 million in 78 specials, and Keystone Realty’s Gabriel Kashi with $58 million in volume across 67 promotions, rounding out the best 5.
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