Wanna Save Money? Leave Brooklyn For Manhattan
The NY Daily News reports today that some Brooklyn neighborhoods are now more expensive than those in Manhattan (the article looks at neighborhoods below 90th Street, traditionally the pricier part of the island). “The median rental prices in DUMBO, Park Slope and Fort Greene were higher than those in the East Village, Lower East Side,…
The NY Daily News reports today that some Brooklyn neighborhoods are now more expensive than those in Manhattan (the article looks at neighborhoods below 90th Street, traditionally the pricier part of the island). “The median rental prices in DUMBO, Park Slope and Fort Greene were higher than those in the East Village, Lower East Side, Upper East Side, Midtown East and Murray Hill,” they write. Median sales in Fulton Ferry and DUMBO rose above Midtown East, East Village, Murray Hill and the Lower East Side, too. The apartments they looked at were of comparable size, they say. Brooklyn Heights one-bedrooms run a median rental of $2,180, while it’s $1,950 on the Upper East Side and $2,085 on the Lower East Side. What does this mean about our fair borough? “Brooklyn’s hot now, and your pricey rent just proves it.”
Brooklyn Neighborhoods and Homes Outpace Manhattan [NY Daily News]
Photo by raph.v.
I love Brooklyn but I would move back to Manhattan in a heartbeat if the cost of living and spatial arrangements were equivalent. That said, the EV was turning into a B&T circus by the time I left. It was getting annoying, but I think you still meet more interesting people in Manhattan. It’s still the world’s epicenter, and Brooklyn is what it is only because of that fact.
I grew up in Brooklyn Heights, lived in SOHO in the mid 80’s, Tribeca in the early 90’s, moved to Fort Greene in the late 90’s and would never move back to Manhattan. I, too, only travel there for work and hate it. Downtown Brooklyn is now akin to early SOHO, Tribeca before money invaded and culture once existed. Manhattan, thanks to Bloomberg, is soulless. Brooklyn is seriously where it’s at. Don’t understand why you’d want to live in Manhattan unless you’re a Russian billionaire with not class or taste.
Brooklyn was and will always be better. Period.
I’m not a native New Yorker, and after 7 years in Manhattan, and 2 now in Brooklyn, I would NEVER move back to Manhattan. Even if you gave me 10 million, bucks, I wouldn’t move back.
I don’t even like coming to my office in Manhattan anymore and have bargained for a day a week working from home.
Unless I have to, I don’t leave Brooklyn from Friday after work till Monday morning.
All my friends (but one) have since moved from Manhattan to Brooklyn.
Yeah, I agree with FatLenny – All my friends who have been looking for 1 bedrooms in the EV/LES have reported back that it’s at least 2300 for a real 1 bedroom. And that’s a filthy walk up east of Ave B.
Jeez who pays that kind of money to live in the EV/LES? Makes me kinda miss my old studio on Clinton and Delancey (900 bucks circa 2005) Much happier in BK now though
This is a joke. Apartments are at least 30% more expensive in EV than they are anywhere in Brooklyn. When I left the Village in 2002, I was paying $2,100/mo for a 600 sf 1-bedroom. That place is at least $2,500 now, probably more, and it was on Houston between C & D, hardly prime.
Manhattan is great if you like living in a shopping mall.
yeah, agree with what most of the others are saying. i doubt we’re really looking at true equals here. i bet there’s a lot of fake listings, exaggerated sq. ft, and 5th floor walkups in that mix.
‘every non-native NYCer I know prefer Manhattan’
Chiming in for the first time here…My wife and I moved to NY this summer and didn’t even look in Manhattan. Everyone we knew in NY, with the exception of one poor soul in Murray Hill, lived in some Brooklyn nabe.
I think there are a certain number of non-native NYCer’s who move to NYC in large part because of Brooklyn. I’m not saying that’s the majority – but for some people it’s not because it’s cheaper, but because we actually prefer it.