More of Brooklyn’s retail streets saw average asking rents climb higher this winter than ones that experienced declines. And new development continues to be one of the key driving forces behind pricing. Average asking rents increased on 8 of 15 retail streets this winter from a year earlier, according to the Real Estate Board of New York’s bi-annual Brooklyn retail report. “I think rents in Brooklyn have leveled off, as opposed to some of the […]
source https://therealdeal.com/2018/04/25/retail-asking-rents-continue-to-rise-across-majority-of-brooklyn-rebny/
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