The rental market is heating up in the outer boroughs. Brooklyn and Northwest Queens saw declines in incentives in April, one indication of a strengthening market heading into the summer season, according to Douglas Elliman’s latest market report. A boost in rentals was also attributed to the recent softness in the sales market. In Brooklyn, new leases rose 7.2 percent, marking the fourth time they have risen year-over-year in the last five months. The median […]
source https://therealdeal.com/2019/05/09/brooklyn-and-queens-rents-rise-as-incentives-decline-elliman/
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