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No Sign of Decrease for North Brooklyn Rents

Renters are staying put as record-high Brooklyn rents catch up with Manhattan, according to a report from Douglas Elliman out today. Average Brooklyn rents increased a whopping 8.2 percent in July to $3,035, compared to the same period last year, while average Manhattan rents inched up a mere 1.7 percent to $3,822…

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#Housing analyst, #realestate, #appraiser, podcaster/blogger, non-economist, Miller Samuel CEO, family man, maker of snow and lobster fisherman (order varies)
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