Brooklyn Rents are Sky High
Do you feel like Brooklyn is getting as expensive as Manhattan? We do, too. Now, there’s statistics to back it up. Quartz posted an article and a fancy graph yesterday comparing Brooklyn and Manhattan rents, using data released from a monthly survey done by Miller Samuel Inc. and Douglas Elliman. According to the survey, the median monthly rent in north and northwest Brooklyn (which includes Greenpoint, Williamsburg, Boerum Hill, Brooklyn Heights, Carroll Gardens, Clinton Hill, Cobble Hill, Downtown, Dumbo, Fort Green, Gowanus, Park Slope, Prospect Heights, Red Hook, and Windsor Terrace) is now $2,900, just shades away from Manhattan, whose median monthly rent is currently $3,200. What’s more, Brooklyn’s median rent has risen 35% since 2008. (Manhattan rent, by comparison, has risen only 3% during the same span). Check out Quartz’s article here: http://qz.com/197815/heres-the-proof-that-brooklyn-has-become-manhattan/.
