#brooklyn-rentals

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fromBrooklyn Paper
1 week ago

Brooklyn rents hit near-record highs as prices surge twice as fast as inflation * Brooklyn Paper

In October, the average rent in Brooklyn reached $4,340 a month, a leap of 8.5% year over year. The median rent in Brooklyn climbed to $3,850, a 6.9% increase over the same period last year. Perhaps most tellingly, the price per square foot grew 6.7% in the year period to $61.51, according to the October rental market report prepared by appraiser Jonathan Miller of Miller Samuel for Douglas Elliman.
Brooklyn
New York Islanders
fromBrownstoner
2 weeks ago

Brooklyn Rents Keep Rising But Fewer Are Signing Leases

Brooklyn asking rents surged to near-record levels, outpacing inflation despite rising inventory, driven by luxury-unit demand, bidding wars, and finance-industry employment.
NYC real estate
fromBed-Stuy, NY Patch
1 month ago

Rent Hikes Hit These Brooklyn Neighborhoods Hardest, Study Reveals

Brooklyn rents rose boroughwide, with two-bedroom averages up most and Fort Greene (+12.53%) and Crown Heights (+11.98%) leading; DUMBO and Brooklyn Heights declined.
NYC real estate
fromNew York Post
4 months ago

Manhattan rents continue to surge to record highs - with average unit costing $5,450

Manhattan rents have surged to an all-time high, driven by limited inventory and increased demand.
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