rent-reductions-1009.jpg
Life’s gotten a little easier for the renting crowd, according to a new report from Brownstone Homes (a firm we’ll admit to never having heard of). In the third quarter, which is the period of biggest turnover, more than half of new leases in Brownstone Brooklyn were done at lower prices than the preceding period. In Brooklyn Heights and Park Slope, the reductions were as much as 15 percent. Not surprisingly, apartments are sitting on the market longer, resulting in a correspondingly higher overall vacancy rate. All fine and good, but we’d like to know something about the number of data points.
Brooklyn Rents Down, Apartment Vacancies Up [Brooklyn Eagle]
Leases Up, Rents Still Down in Brooklyn [Curbed]


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  1. I am obvipously a BB supporter – but I concede that on Term Limits he did it in a shady and backroom sort of way – and I wish he didnt – but lets not make out the prior Term-Limit votes to be some sort of pure Jeffersonian democracy movement.

    It was pushed through in an off-year election by another billionaire and then a modification was rejected (not a new vote on term-limits). and finally lets not forget that the law ITSELF allowed for changes to be made by the city council (upheld in court) Again – I think BB did it the wrong way, but if that’s the only reason you are voting against the guy, I have to ask, who has accomplished more as mayor? and what politican has a record totally unblemished by even a single base political act???

  2. benson- so its democracy when the Republicans are in power, and a one-party system in NYC because all of us are too stupid to not vote for Democrats (or we’ve been taken over by aliens?). As I said, the voters have spoken. And ask yourself why the majority of New Yorkers don’t vote republican.

  3. “selling Money Management placements to campaign contributors”

    You’re blind! You didn’t see that Bloomberg’s board signed off on these placements.”

    Ah more unaccountability for the empty suit Thompson….Thompson is the comptroller, he has the responsibility to vet these Money mangers (and not accept payoffs in doing so) – if Obama sold a Federal Judgeship would you blame the congress if they unknowingly confirmed the selection?????

    “harlem cop was running down the street with a gun out and no badge for god sake”

    You forgot ‘while black’. Sean Bell didn’t see no badge. The dude on Lafayette/Classon didn’t see no badge (black narc but still NYPD practice).”

    No I didnt forget that the Harlem Cop was black – so f’ing what – you see NYC exactly how the democratic machine has always seen NYC (and does Thompson) – I am not going to criticize ANY cop who shoots a guy running down a NYC street with a gun out and no badge – just like I wouldn’t criticize aANY cop for shooting a mentally disturbed (white man) Gideon Busch when he is wielding a hammer and wont put it down. Cops are human not automatons – this is not to say there is no issues with race, or overzealous policing – again the NYPD is an organization by humans made up of humans – flaws will exist – but to ignore the thousands of mostly black men who are alive today because of NYC UNIQUE crime drop is to emphasis racial strife over reality – which is exactly how I expect Thompson to behave should he be mayor.

  4. You have valid points about problems with 1 party town or area. Yet, what Bloomberg did, used his vast $$$ resources to overturn consensus of people on what could be called a bi-partisan issue…which gained support to help mitigate problems of 1 party control is not forgiveable.
    His insistance that he is above it all (democracy) – does nothing but eliminate potential viable candidates both democrats and non-democrats.
    I would bet my bottom dollar (of the 2$ I have) – that if were a life-long democrat holding the mayors office and the democratic controlled council did this you would have posted your longest rant to date.

  5. > people there finally figured out that they were being taken
    > advantage of by politicians who told them what they wanted
    > to hear (ideologically-speaking) but then, once elected,
    > only served their own corrupt interests

    Sounds mighty like The Bloomberg Story, no?

  6. “winning a democratic primary virtually unopposed”

    That’s how good he is!!! Ha ha.

    “selling Money Management placements to campaign contributors”

    You’re blind! You didn’t see that Bloomberg’s board signed off on these placements.

    “harlem cop was running down the street with a gun out and no badge for god sake”

    You forgot ‘while black’. Sean Bell didn’t see no badge. The dude on Lafayette/Classon didn’t see no badge (black narc but still NYPD practice).

    ***Bill Thompson for Mayor***

  7. Bxgrl;

    To answer your question: yes, it is different in other areas. Nassau county was a Republican-dominated county, but the people there finally figured out that they were being taken advantage of by politicians who told them what they wanted to hear (ideologically-speaking) but then, once elected, only served their own corrupt interests. The same thing happened in Connecticut, where all but one congressmen are now democrats. Many, many places have a viable two-party system. Not so, NYC.

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