The State of Brooklyn Rentals
After a sleepy first ten months of the year, the rental market in Brooklyn exploded at the end of the year, according to a year-end report from Ideal Properties Group. Only 10 percent of the year’s transactions happened in the first quarter of 2009, compared to more than 15 percent in December alone. Part of…
After a sleepy first ten months of the year, the rental market in Brooklyn exploded at the end of the year, according to a year-end report from Ideal Properties Group. Only 10 percent of the year’s transactions happened in the first quarter of 2009, compared to more than 15 percent in December alone. Part of that can be attributed to the fact that prices continued to adjust downward over the course of the year: Overall rents in Brownstoner Brooklyn declined just over 6 percent with two-bedrooms, the most ubiquitous format, declining an average of $225/month to $2,380. The percentage of No Fee listings also continued to rise. Brooklyn Heights continued to be the most expensive neighborhood to rent in: One-bedrooms averaged more than $2,500 a month and two-bedrooms topped $3,100.
Brooklyn ’09 Rental Report Smugly Lords It Over Manhattan [Curbed]
Brooklyn Rental Market Ends with a Bang [TRD]
cozy=tiny!!!!
Nice= clean, not roach or mouse infested, no peeling paint, basically well maintained. And large enough to fit more than 4 people in the room or you might as well live in Manhattan.
and also, you dont NEED to physically go to any place anymore to experience now with the advent of googlemaps and street view and stuff.
*rob*
now youre sounding like 11217. why would i have to visit a neighborhood to know stuff about it? grrr. okay im outta this thread, people get too miffy about their neighborhoods.
*rob*
So you haven’t been there, then.
look dave!
Jan 6 – $850 Cozy Studio on Quiet, Tree-lined Block***SHOWINGS BY APPT***Call Today – (Prospect Heights) pic CLICK HERE<==== – (Brooklyn) img <<apts by owner
Dec 22 – $875 Cozy First FL STUDIO!___~450 sq. feet__Heat & HW included__CALL NOW! – (Bed Stuy) <<apts broker no fee
Dec 16 – $850 Cozy Studio on Quiet, Tree-lined Block***SHOWINGS BY APPT***Call Today – (Prospect Heights) pic <<apts broker fee
Dec 16 – $875 / 1br – SUNNY! Jr 1BR NEAR “G” TRAIN**GREAT PRICE** – (BED STUY) pic <<apts broker fee
Dec 15 – $875 2 ROOM STUDIO!___~450 sq. feet__Heat & HW included__CALL NOW! – (Bed Stuy) <<apts broker no fee
Dec 13 – $850 Cozy Studio on Quiet, Tree-lined Block***SHOWINGS BY APPT***Call Today – (Prospect Heights) pic <<apts broker fee
Dec 9 – $700 / 3br – 1 rm avail. in BIG COZY 3 Bdrm apt. for Dec. 15th or Jan. 1st – (Bed Stuy) pic <<apts broker no fee
Dec 8 – $875 2 ROOM STUDIO!___~450 sq. feet__Heat & HW included__CALL NOW! – (Bed Stuy) <<apts broker no fee
bed stuy for most people is basically the boondocks! yes i KNOW there is beautiful architecture there, but that doesnt mean rents should be so astronomical!
*rob*
I also suspect you’ve never been to any part of Bed Stuy.
I didn’t think you could come up with an example rob.
I am so glad the rental market is coming back to the glory days. Now brownstone owners can stop crying about the water and tax increases and the renters can go back to eating peanutbutter and jelly sandwiches so they can pay extortion prices for rents
Posted by: hannible at January 7, 2010 9:44 AM
Isn’t the status quou wonderful!!!