Demand for Manhattan rentals plummets, a record $20 million penthouse sale in Brooklyn, & more

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Demand for Manhattan rentals plummeted in September according to a report from Douglas Elliman, but prices were up, thanks to new development (Mansion Global)

The developer of a tower near Barclays Center has cut plans for condos and instead will make the building’s 810 units all rentals (The Real Deal)

A $20 million sale of a penthouse condo in Quay Tower going up at Pier 6 in Brooklyn Bridge Park is poised to set a price record for the borough (Brooklyn Paper)

Rentals with riverfront views, buildings with green spaces, and other NYC real estate trends (New York Post)

Should condo and co-op board meetings be open or closed to shareholders? (Habitat Magazine)

NYCHA may have approved a lucrative contract with an outside firm — a violation of state law (NY Daily News)