NYC new developments 2026: the quarterly monitor.

What is being filed, launched and sold in New York City new development, compiled quarterly from public reports and free to cite.

NYC new developments in 2026, tracked every quarter for developers, sponsors, brokerages and architecture firms: permit filings across the five boroughs, Manhattan new development contracts and the $10M-plus segment, and the pace of new launches. Every figure links to its source. We refresh it each quarter; cite it as 'TERAMOK New York new development monitor, Q2 2026'. New York projects usually connect published pricing, documented results and the New York new development monitor.

Updated quarterlyEvery figure sourcedFree to cite
Two professionals reviewing plans on a boardroom table above the city, New York new development monitor by TERAMOK Research
Coverage
New York City, five boroughs; Manhattan new development
Period
Q2 2026, April to June
Sources
New York YIMBY, Brown Harris Stevens, The Real Deal, Corcoran
Update cycle
Quarterly
Use
Free to cite with attribution
Published by
TERAMOK Research
Selected clientsYperia PropertiesLoyal Group RealtyAristides Dallas ArchitectsMIA DevelopmentsMagna GraeciaAll clients →

NYC new developments, in four numbers.

903

new building permits filed in New York City, Q2 2026

16,546 planned residential and hotel units. Queens led with 337 filings, Brooklyn 306.

The pipeline is outer-borough heavy. Those launches compete on story and film, not on a Manhattan address.

38

Manhattan new development contracts at $10M and above

Q2 202638
Q2 202522

Half of new development dollar volume now comes from $10M-plus units, where the marketing is judged as the building.

$1.5B

new development contract volume on 311 Manhattan contracts

Contracts down 14% year over year; volume above the $1.4B ten-year average.

Fewer, larger deals: every qualified buyer is worth more, and every lost one costs more.

160

new development units launched in Manhattan, down 37%

160254

Launches are running at about half the usual second-quarter pace. The buildings that do launch get the attention, if they arrive ready.

Sources: New York YIMBY Q2 2026 permit report; Brown Harris Stevens and The Real Deal, Manhattan new development Q2 2026; Corcoran, Manhattan report 2Q 2026.

What NYC new construction means for a launch.

Our reading of the quarter for developers and the firms that serve them.

The pipeline moved to Queens and Brooklyn

Queens led permit filings with 337 and Brooklyn followed with 306 of 903. Most of the next cycle's launches will not have a Manhattan address to lean on.

The top of the market is carrying Manhattan

38 contracts at $10M and above against 22 a year earlier, about half of new development dollar volume. Luxury launches compete for a small, well-served buyer pool.

Fewer launches, more attention

160 units launched in Manhattan, down 37% and about half the usual second-quarter pace. A building that launches ready has less competition for buyers and brokers.

Volume held while contracts fell

311 contracts, down 14%, but $1.5B in volume against a $1.4B ten-year average. Each qualified buyer is worth more than in an average quarter.

Resale is steady, not soft

3,477 Manhattan contracts across the market, up 5%, a $1.3M median, up 7%, and 7,182 active listings, the lowest second-quarter inventory in eight years.

What we would do now

Start brand and film before CPS-1, build the interest list during market testing, and plan broker previews for the day the offering plan is accepted.

How this NYC new development monitor is compiled.

01

Collect

Quarterly public reports: permit tallies, brokerage market reports and new development contract data.

02

Check

Figures are taken as published and attributed; where sources disagree we say so.

03

Read

Our interpretation is labeled as ours and kept separate from the figures.

04

Refresh

Updated each quarter, with the date on the page.

Swipe or tap a step

We publish the numbers we plan launches with. If they help your team, use them, and tell us where you read the market differently.
Kirill Samarits
Founder & CEO, TERAMOK

More TERAMOK research.

Monitors for the Chicago development pipeline and the Miami branded residences market, compiled the same way.

All research

TERAMOK is a real estate marketing and production agency founded in 2019, headquartered in Chicago with a Miami presence. The agency is specialized in the built environment: developers, architecture firms, and construction brands. It operates $700K+ of RED and ARRI cinema equipment in-house across 50+ delivered projects. It is led by founder & CEO Kirill Samarits and partner & COO Yiannis Deves, with published pricing and documented case studies.

NYC new developments: questions answered.

903, according to New York YIMBY's quarterly tally of Department of Buildings filings, up from 793 in the first quarter, covering 16,546 planned residential and hotel units and 20.6 million square feet. Queens led with 337 filings and Brooklyn followed with 306.

311, down 14% from Q2 2025 and 17% below the ten-year average, with $1.5 billion in contract volume against a ten-year average of $1.4 billion, as reported by Brown Harris Stevens and The Real Deal.

38 Manhattan new development contracts at last asking prices of $10 million or more, up from 22 a year earlier and well above the ten-year average of 21, making up about half of the quarter's new development dollar volume.

160, down 37% year over year and roughly half the historical second-quarter average, according to Corcoran's 2Q 2026 Manhattan report.

Corcoran reports 3,477 signed contracts, up 5%, a $1.3 million median sale price, up 7%, and 7,182 active listings, down 2% and the lowest second-quarter level in eight years. Other trackers put the Q2 median at $1.25 million.

Yes, with attribution: 'TERAMOK New York new development monitor, Q2 2026', linking to this page. Please cite the original sources for the underlying figures.

Content on this page is prepared by TERAMOK’s strategy team. TERAMOK was founded in 2019, is headquartered in Chicago with a Miami presence, and publishes background on the team on About and documented outcomes on Case Studies.

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