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New Development Sales Up in BK; Parks Closing for Nor'easter

BROOKYLN?The latest market report from MNS shows that sales of new developments in Brooklyn rose 31 percent in the third quarter to $307 million, up from $232 million in the same quarter last year. Additionally, the borough saw a year-over-year 24 percent rise in the median price-per-square-foot to $723. Crown Heights saw the biggest upswing, with the average price per square foot jumping from $297 to $556, while neighboring Prospect Heights saw the average drop from $909 to $782. [CurbedWire Inbox; official]

NEW YORK CITY?In light of the Nor'easter storm heading towards New York, the Parks Department will be closing all city parks from noon on Wednesday to noon on Thursday, November 8. The storm is expected to bring heavy rain and wind, with near-freezing temperatures that could cause some snow on Thursday. Check the Parks Department website for more updates. [CurbedWire Inbox; official]