The L train shutdown is about one year away, and rents in North Brooklyn are starting to reflect the upcoming inconvenience. Rents in the Brooklyn submarket — which includes L train-dependent neighborhoods like Williamsburg and Greenpoint — dropped to $3,027 in February, marking the seventh straight month of decline, according to a report from StreetEasy. Additionally, 25 percent of rentals in North Brooklyn took a price cut in February, which was the largest share in […]
source https://therealdeal.com/2018/03/30/north-brooklyn-rents-are-dropping-amid-looming-l-train-shutdown/
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