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NYC’s New Development Market Slows in July | amNewYork

Top Projects: The Narrows, Salvation Lofts, One Manhattan Square Sales activity at new development condos in New York City has dipped below pre-pandemic norms for the first time in 2022. Marketproof’s July report shows a 28.5% drop in monthly sponsor contracts with 188 deals reported across 96 buildings city-wide, 37% lower than the same period…
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Futures Rise, Oil Jumps On Surprise OPEC+ Move

Dow Jones futures rose modestly Monday afternoon, along with S&P 500 futures and Nasdaq futures. Crude oil prices rebounded as OPEC+ unexpectedly agreed on a small production cut. Meanwhile, Russia said natural gas flows to Europe will remain shut until Western sanctions are lifted. X The stock market rally fell sharply again last…
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