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Brooklyn home prices set record as inventory surges in first quarter: reports
Brooklyn home prices set record as inventory surges in first quarter: reports

May. 9, 2025 By Cate Corcoran

Average and median home prices hit new highs in Brooklyn in the first quarter, even as inventory jumped, showing continued strong demand.

After a period of constrained inventory followed by slight easing, the number of homes on the market rose 9.2% to 2,635 in the quarter compared to a year earlier, according to a report prepared by appraisal firm Miller Samuel for Douglas Elliman.

The average sale price for all types of homes sold in the quarter increased 7.7% year over year to $1,281,784. The median sale price reached $995,000, an increase of 4.7% vs. the same period a year before. Both set new records for prices in the borough, the report said.

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Op-Ed | Elevating Latine studies in a time of erasure

May. 7, 2025 By Grace Bonilla, Council Member Jennifer Gutiérrez, Council Member Alexa Avilés, and Council Member Oswald Feliz

At a time when efforts to erase identities from classrooms, library shelves, and our websites have become commonplace, we say no. Not in New York City.  

Mother-daughter boutique Marmalade moves to Williamsburg, expanding fashion and community focus

May. 6, 2025 By Jada Camille

Marmalade, a mother-daughter-owned boutique celebrated for its carefully curated selection of designers, is preparing for a grand reopening at its new location, 285 Grand St. in Williamsburg — marking a new chapter after four years in Greenpoint. Founded 15 years ago in Coeur d’Alene, Idaho, the family-run brand has since expanded to include locations in both Brooklyn and Georgia.

Op-Ed | Strengthening local democracy through charter reform

May. 5, 2025 By Mike Racioppo

If you believe the New York City government can — and should — work better for all of us, I urge you to join us this Tuesday, May 6th, from 5-7 p.m. at Restoration Plaza in Bed-Stuy. That’s when the City Council’s Charter Revision Commission (CRC), aka The Commission To Strengthen Local Democracy, of which I’m proud to be a member, is holding a public hearing. It’s your opportunity to speak directly to those of us reviewing and recommending changes to the City Charter —t he document that functions as NYC’s constitution.