Rents are rising while concessions are falling in Manhattan and Brooklyn, but the opposite is happening in Queens, according to Douglas Elliman’s July report on the city’s rental market. Manhattan’s median rent increased by 5.7 percent year over year to hit $3,595, and Brooklyn’s median rent went up by 1.7 percent to hit $3,000, a new record for the borough. In Northwest Queens, however, median rents dropped 3.6 percent, compared to last July, to hit […]
source https://therealdeal.com/2019/08/15/brooklyn-rents-hit-a-record-high-in-july-elliman-report/
No comments:
Post a Comment