Rental Prices Continue to Fall in 3rd Quarter
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….
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]
Antidope;
I agree with FSRG. To speak as if democracy had existed in NYC and that is was hijacked by BB is somewhat disingenuous. The fact of the matter is that NYC’s government is a corrupt, one-party system. The “real” election has traditionally been the democratic primary, in which the turnout is dominated by those who seek to feed at the public trough (civil-service unions, social-service organizations which serve as outsourcing agencies for government, such as ACORN), etc.) The recent defacto election for comptroller and public advocate are examples of this farce in action (read some recent articles about these elections and the role of the “Working Families Party). A complete joke.
All of this noise about BB’s coup is coming from those who are pissed that they couldn’t play kingmaker in the democratic primary, as they have become accustomed to doing for the other offices.
> by eliminating term limits BB has given voters more choice
> not less (therefore pro-democratic)
Ignoring the vote of the people and bypassing the people to overturn their will is somehow pro-democratic?
How very Orwellian of you.
> At least the democracy-usurping oligarch knows how to manage the city.
Please. Bloomie has done next to nothing of any substance in this city. He rode on a wave of good times. A sock monkey could have done as well.
“I pretty much agree with every one of FSRG’s comments on this thread.”
Well can you please help him/her compile a list of reasons why Thompson will lead us into the gound?
“He will be at their beck and call, being the machine political hack that he is.”
Prior examples please?
***Bill Thompson for Mayor***
fsrq-
turning bb’s coup d’ ville into a pro-democracy move is completely over the top. same arguments are used everywhere by the powerful to maintain their grip on power. a strong democracy can overcome bad managers too.
“A fucked up economy is already in the cards”
BHO;
No one is saying that Bloomberg can affect economic conditions. What he can do is manage the city well in such a dire situation, i.e. careful control of spending and allocating resources according to the right priorities.
No sooner will Bill Thompson be in office then he’ll receive a “visit” from the leaders of the civil-service unions, demanding that all of this talk of pension reform and productivity increases be stopped, the economy be damned. He will be at their beck and call, being the machine political hack that he is.
“According to this article, as of now, more loans are being extended, rather than defaults issued.”
This is what I’m talking about – they’re kicking the can down the road with respect to defaulting debt (don’t want to add the shadow inventory to the listed one). A depression is merely a long ass recession and that’s where we’re going unless “we” go to war with China or somebody and start taking shit. 25% plus unemployment is in the cars.
“…a corrupt, ill-managed unsafe one.”
Exactly why do you think Thompson will lead us there, fsrq?
“Thompson couldn’t even manage the school board.”
Even commentors on NY1 said after the debate that the School Board was highly decetralized at the time and therefore Bloomberg’s claim unfair. Your argument sucks.
***Bill Thompson for Mayor***
A f’ed up economy is ALREADY here – and yet NYC Bond rating has not changed (generally at an all-time high), City services have not noticeably been effected and despite all the predictions – crime is lower (including property crimes).
But it is nice that along with your enthusiastic endorsement for Thompson, you acknowledge that NYC is headed into the abyss – so on this we agree – during a Thompson administration NYC will be a a declining and lousy place to live and work….on this we disagree – that such an outcome is inevitable.
Thompson for Mayor please. once I get my place for cheap, voting his behind out of office in next election. For now, he appears best means to my selfish end – cheap housing