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While the New York Knicks were dropping dimes during their NBA championship run, wealthy buyers in Brooklyn were dropping dollars on expensive homes. The borough saw 30 contracts — 12 condos, one co-op, 17 single-family homes — signed last week for $126 million for homes asking at least $2 million, according to Compass’ weekly contracts report. The previous week saw 25 contracts signed for $81 million.  The total brings the weekly performance near the market’s six-year-high, recorded when $156 million in deals were signed between April 27 and May 3.  Homes entering contract last week had a median asking price […]

This article originally appeared on The Real Deal. Click here to read the full story.

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