As the gap narrows between Brooklyn and Manhattan housing prices, brokers are reportedly seeing waves of young Brooklynites relocating to “the City.” Often these folks lived in Manhattan to begin with and decamped across the East River only to save money, reports The Brooklyn Papers. One realtor describes how he recently sold a two-bedroom apartment on the Upper West Side to a couple in their 30s, who had moved to Cobble Hill just 18 months earlier:

“They quickly realized their quality of life suffered due to added commute times and less city conveniences, and they were sick of $40 cab rides.”

Sweet–more $40 cab rides for the rest of us, guys!

They’ll re-take Manhattan [The Brooklyn Papers]
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