Q1 2017 Report: Rents Continue to Fall in Brooklyn and Manhattan

Apr 28, 2017 |

Out today, StreetEasy’s Q1 2017 Real Estate Market Reports show that rents in both Manhattan and Brooklyn continued to decline. According to StreetEasy Senior Economist Grant Long, a key contributor to easing rents is a market that’s been saturated by new construction. “A surge in new construction, particularly at the high end of the market, has […more]

Posted in: New York

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