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
There are no people coming to williamsburg from LI/Jerz to hang out.
They go to the LES now to stand in line to get into Libation.
williamsburg gets alot of people from LI and Jersey. Its the cool place to hang out.
park slope not so much. They get everyone from below park slope.
don’t care.
hate williamsburg.
No 4:43 – your thinking of Film School
the commenter who wrote about singles in PS is correct – perhaps there are technically singles in PS – but many are unmarried couples. you simply do not see the sheer numbers of people out every night in PS as in Williamsburg.
went to the new beer hall on Saturday at 6:00pm and it was wall to wall packed.
do think that many married with kids are flocking to williamsburg to buy the new condos or were there and stayed, but because the geographical ares is really really big – huge actually – especially taking into consideration spill over in to greenpoint and bushwick – that single renters will continue to patronize all restaurants, bars, clubs, etc… just because there will continue to be tons of rental space.
also, the guy who posted that PS apts are nicer than williamsburg apts, is clueless. i have seen some amazing spaces. also, lots of both rental and condo bldgs have shared roof decks with unbelievable views.
I thought people only went to business school if they had no creative gifts to share with society?
“As for business school graduates, they’re all trying to figure out how to work for themselves they’re so bored.”
–Yep. You can talk to Brownstoner on that one 😉
“The liberal arts degree life and career(s) are ridiculous at times, but not thanks to the other scenario.”
–Sometimes I regret my degree when I come to this site. Sometimes not.
-sg.
yours was so much better, 4:12!
4:02 – great retort!