Thursday, 13 June 2019

Rents rise to $3K mark in Brooklyn, Queens

Rental prices in two of New York City’s outer boroughs have continued their upward march as property owners dial back potential discounts. In Queens, landlord concessions dropped in May for the third consecutive month, to 33.3 percent, almost half the record rate set in April 2018, according to the latest Douglas Elliman market report. At the same time, the median rental price in northwest Queens surged 15.4 percent last month, to $3,000, when compared to […]



source https://therealdeal.com/2019/06/13/rents-rise-to-3k-mark-in-brooklyn-queens/

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