Brooklyn is for sale — but nobody is buying.
The collapsing economy is being blamed for a 35-percent drop in the number of properties sold in the borough’s once-booming housing market in the first quarter of this year compared to the last part of 2008.
Worse, the first quarter of 2009 is off 57 percent compared to the first quarter of 2008.
The bad news — contained in a new report from the real-estate consulting firm Miller Samuel, which conducted the study for the Prudential Douglas Elliman real-estate firm — follows a trend that started last year, when the economy imploded, mostly because of a housing market bust.
New York City 2010
