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Tuesday, August 11, 2015

Rental Market Reports: Rents In Some Brooklyn Areas Outpace Manhattan Equivalents

It's not news that Brooklyn's getting more and more expensive , but a finding by TripleMint may be surprising: data released by the brokerage firm and digested by Politico New York says that trendy Brooklyn neighborhoods are outpacing their Manhattan counterparts in terms of rent growth. TripleMint compared stats in neighborhoods that renters may find themselves vying between in the two boroughs, like Dumbo and Tribeca, where TripleMint found that residential and commercial rents in Dumbo saw an 18 percent growth in 2014 compared to only 8 percent in Tribeca.
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