This isn’t super newsy, but it’s still fun to highlight: In-demand Brooklyn neighborhoods are catching up with in-demand Manhattan neighborhoods in terms of rents. The Brooklyn Ink has a story doing the compare/contrast thing on rents in the center of the universe versus those in Brooklyn based on stats from the firm MNS. Yes, rents are still higher in most Manhattan neighborhoods, but there are exceptions: Average one-bedroom rents in Dumbo ($3,584) are higher than those on the Upper East Side for both doorman and non-doorman buildings. And other A-list Brooklyn neighborhoods are bringing the heat too: “Williamsburg, Brooklyn Heights and DUMBO have been comparable with Manhattan for the last three to four years. And in the last two years Boerum Hill, Carroll Gardens and Cobble Hill have accelerated in price, [says Samantha Behringer, a Prudential Douglas Elliman Associate Broker]. In Boerum Hill one bedrooms went from $2,170 in January 2011 to $2,750 a year later, an increase of about 27 percent. In Manhattan neighborhoods, such as Harlem, certain areas of the Financial District, Northern Manhattan and Midtown West, a renter can find a comparable or even cheaper apartment.” This has been a trend for awhile now, but the old saw we’ve heard time and again is that you can get more bang for your buck in Brooklyn in the form of more spacious apartments. Wonder if that’s still the case, or if Brooklyn landlords are increasingly chopping up spaces these days to fit more refugees fleeing from across the river.
Is Brooklyn Still a Bargain? [The Brooklyn Ink] via Brooklyn Heights Blog
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There will be five homes, all with gardens or landscaped decks, on The Brooklyn Heights Association’s house tour this year. Also on the program are refreshments and guided tours of the sanctuary at the historic Plymouth Church of the Pilgrims. The tour takes place Saturday, May 10, from 1 to 5 pm. Tickets ($30 for members […]
Brooklyn, one building at a time. Name: The Decatur Address: 142-144 Decatur Street Cross Streets: Corner Marcus Garvey Boulevard Neighborhood: Stuyvesant Heights Year Built: 1888 Architectural Style: Romanesque Revival Architect: George L. Morse Other work by architect: Temple Bar Building – Court Street, Franklin Trust – Montague Street, Abraham & Straus annex – Livingston Street, […]
Brooklyn-based real estate firm Realty Collective will open an office in Clinton Hill, its fourth location. The official opening of the office at 466 Grand Avenue will take place Sunday April 27, the firm said in a press release. The new location will also handle business in Fort Greene, Bed Stuy, Crown Heights and Prospect Heights. Its […]
OK, it’s really narrow and there are a lot of down lights but this Greenwood Heights house at 396A 19th Street looks pretty cute to us. Goes to show what some great rugs and Timorous Beasties wallpaper can do, right? That bath looks pretty slick, and we also like the new unpainted clapboard exterior. We’re not so […]