[Three Cents Worth NY #219] Manhattan v. Brooklyn Rental Smackdown
Posted by Jonathan Miller - Tuesday, November 27, 2012, 3:56 PM
It’s time to share my Three Cents Worth (3CW) on Curbed NY, at the intersection of neighborhood and real estate in the capital of the world…and I’m here to take measurements.
Read this week’s 3CW column on @CurbedNY:
We’ve been delivering the monthly rental news that vacancy is falling and rents are high, but I also thought I’d show the relationship between Manhattan and Brooklyn. Admittedly I am comparing all of Manhattan with what we call the North and Northwest regions of Brooklyn, but it’s the trend I am after (the trend is your friend), plus I’m still working off my Thanksgiving spread.
I compared the monthly median rental price (face rent) for Manhattan (teal) and Brooklyn (purple) from January 2008 to October 2008 and simply trended the difference (pink)…
[click to expand chart]
Today’s Post: Manhattan v. Brooklyn Rental Smackdown [Curbed]
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