More Manhattanites Buying Million Dollar Brooklyn Condos

PropertyShark examines where Brooklyn’s luxury condo buyers have come from since 2004 and the findings show that this year a whole lot of them are hailing from Manhattan. In general the trend is that more and more Manhattanites were buying $500,000+ condos in Brooklyn before the bubble burst. They look to be back in a big way so far this year, though, buying a remarkable 40 percent of condos that went for more than $1 million. Still, as the tally above shows, most high-end Brooklyn condos continue to be purchased by Brooklyn residents…but for how much longer?