Brooklyn’s luxury contracts crawl into Labor Day weekend 

It was a cool end to the summer for Brooklyn’s luxury market last week.  The borough notched just nine contracts — five condos and four houses — for a contract volume of $29 million, according to Compass’ weekly reports for contracts signed on homes asking at least $2 million from Aug. 25 to Aug. 31.  The total falls short of the runup to last year’s Labor Day holiday, when the market saw 14 contracts signed for $42 million.  The top contract last week went to penthouse 703W at Avdoo’s Bergen development at 323 Bergen Street, asking $5.95 million.  Avdoo & […]This article originally appeared on The Real Deal. Click here to read the full story.