Brooklyn Apartments No Bargain Compared to Manhattan
While it’s not exactly breaking news that rents in Park Slope and Williamsburg are very high, did you know that median rents in the two neighborhoods are steeper than they are in Hell’s Kitchen and the Lower East Side? The Observer has an article this morning about how rents in A-list Brooklyn neighborhoods continue to…
While it’s not exactly breaking news that rents in Park Slope and Williamsburg are very high, did you know that median rents in the two neighborhoods are steeper than they are in Hell’s Kitchen and the Lower East Side? The Observer has an article this morning about how rents in A-list Brooklyn neighborhoods continue to rise while prices in the Manhattan rental market begin to dip—taken together, the trends suggest that Brooklyn’s days of being an affordable alternative to Manhattan are long gone (as if anyone needed a newspaper to tell them that!). According to listings on StreetEasy, the median monthly rent in Park Slope is $3,050, while Williamsburg’s median is $2,900. Both numbers are higher than the median rent on the Lower East Side ($2,700). In addition, rents in prime Brooklyn neighborhoods have gone up at a startling pace over the past couple of years: The median rent for Park Slope in ’05 was a comparatively affordable $1,090. Conclusion, per the article: “Queens, anyone?”
Park Slope Living at Manhattan Rents! [NY Observer]
Photo by DEDE_LE
The kitchen and LES are both shitty if you ask me…..they’re both full of white box uninspired tenement apartments, that stuff is for kids. I couldn’t wait to get a place with history and character.
The “real” slopers need to wake up then.
Park Slope is 4th Avenue to Prospect Park West.
Period.
“Real” Park Sloper is such a stupid term. Who exactly are these “real” Park Slopers, exactly, and what the hell does that mean?
How many years do I need to live and own in Park Slope to be a “real” sloper, 11:46?
Do I need to be racist also like the “real” Park Slopers like some of my neighbors?
“The housing stock in Park Slope, on the other hand, was built mostly for the wealthy.”
And it still is today. It’s a rich and nouveau-riche enclave, and whatever funkiness is left is getting bleached out. And remember: 5th Ave and below (heading towards Gowanus) is not Park Slope to the ‘real’ Slopers, so as far as they are concerned you’re talking about a different neighborhood.
Bed-Stuy.
^ yes
but design and architecture degrees are much harder to receive than business degrees. They give business degrees to any idiot with a suit.
“most designers and architects are loaded unless they suck.”
Damn, I’m in the wrong line of work. You mean if I had gone to architectural school instead of business school, and ended up not sucking, I’d be loaded by now?
Besides square footage another important factor is the quality of the housing stock. I’ve lived in all three neighborhoods. The buildings in Willaimsburg and the LES are mostly old tenements built for lower middle class factory workers and immigrants. They have little charm and I find it very telling how much landlords can charge for them nowadays. The housing stock in Park Slope, on the other hand, was built mostly for the wealthy. The average one bedroom in Park Slope will be way nicer than the avergage one bedroom in W’burg or the LES.
AMEN to 11:07
viva park slope!
cobble hill and Brooklyn Heights are way more expensive than park slope.