Rents in Manhattan and Brooklyn inched up 5% and 6%, respectively, since August, signaling a shrinking inventory — down more than 60% from 2020.
Tag: Brooklyn
Leasing velocity slowed in Manhattan and Brooklyn during August, and rents in both boroughs are still down slightly when compared to last year.
In step with the rest of the market, Brooklyn’s townhouse scene enjoyed a robust first half of 2021, reaching the highest half-year level in over five years.
After shuttering its Park Slope storefront, Sounds has taken up residence in a Jamesport farmhouse.
Brooklyn’s second quarter saw the highest number of closed sales on record, as eager buyers continued to flock to the borough seeking space and value.
The quest for privacy and outdoor space defined the townhouse market in Brooklyn during 2020. Single-family townhouse closings jumped 10 percent.
Soaring penthouses, historic townhouses, dramatic lofts: Corcoran’s latest publication reveals dozens of the finest homes in Manhattan and Brooklyn.
In Manhattan and Brooklyn, 2021 started strong: pent-up demand, increased purchasing power, and desire for more space powered a remarkable rebound.
February was an excellent time to be an apartment-hunter in Manhattan and Brooklyn: Rents dipped across both boroughs, but inventory dropped, too.