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
get rid of business majors, and there will be no one to buy your art.
How to lie with statistics…..
brooklyn heights sucks.
filled with a bunch of bush loving republicans.
cobble hill? where the hell is that?
um…
renting in cobble hill or Brooklyn Heights costs more than renting anywhere in park slope.
this is fact
Cobble Hill is a neighborhood of a few streets only. It’s tiny.
Try comparing things that are actually remotely similar if you feel so closed-minded enough to actually make such ignorant comparisons.
Cobble Hill is NOT more expensive than Park Slope
Have you looked at Corcoran’s report?
yup, I’d trade cancer for liver failure anyday.
“Hey 12:47, self-proclaimed insider at Blue Ribbon, how’s your mercury count these days?”
Great, actually….never been a big tuna fan…I’m more of an eel and yellowtail guy.
But thanks for the concern!
so do i