INVENTORY = NEGOTIABILITY
Inventory in Manhattan is at its highest since 2012, with year-over-year active listing increases of 33% for co-ops and 17% for condos. As a result, negotiability is very high and evident at all price points, ranging from 8% to 1.5% off the asking price for properties $5MM+  to 1.5% for apartments under $1MM respectively.
 
And don't sleep on Brooklyn... The borough's newly listed apartment inventory is up 38% year-over-year, sparked by significant new developments in South Brooklyn and Brooklyn Point. And negotiability is still prevalent, as almost 65% of homes sold at or above ask. 

60-68 and 70-74 Gansevoort Street development put on hold... for now.

NYC's Most Expensive Neighborhoods include several new Brooklyn entrants. More from Curbed.