Apartment rentals New York with Brooklyn

Manhattan vs. Brooklyn: December 2013 Rental Report

Brooklyn Bridge Park View

Though the overall number of apartments rented in the colder months of the year typically decreases, our attention to the market remains diligently focused. We took a look at the latest data released, and here’s what we saw.

Domino Sugar Refinery Must be Refined, Says LPC

Domino Refinery

On Tuesday, the Landmarks Preservation Commission reviewed Two Trees’ plans for the Domino Sugar Refinery, and now it’s back to the drawing board for the Williamsburg site after the plan received mixed reviews.

Brooklyn Rents Trend Upward, Manhattan Downward

Williamsburg Bridge Brooklyn

The November rental report is in, and no new surprises here—Manhattan rents fell slightly, while Brooklyn rents continued to climb.

Manhattan Rents Falling this Fall

NYC in Fall

For the second straight month, the median rental price of a Manhattan apartment declined from the same month last year, according to the October rental report by Elliman. The median rent in Manhattan for October was $3,150, a 1.6 percent drop from October 2012’s $3,200. Prior to September, Manhattan had seen 26 consecutive months of increased rents when compared to the same month from the previous year.

Market-Rate and Affordable Greenpoint Rentals Get Commission Approval

Greenpoint Landing Rentals

On Wednesday November 6th, the City Planning Commission approved two residential construction projects along the Greenpoint waterfront in Brooklyn. The unanimous decision was made in spite of some voiced community indignation.

New Developers Enticed by Booming Rental Market

New York City Real Estate

Residential real estate is booming in New York City, with new developments like Essex Crossing, 626 First Avenue, Gotham West, Gantry Park Landing & Chelsea Park seemingly rising on a daily basis. With a city-wide inventory shortage, there is no reason to expect this trend to slow down, and that makes residential development a highly attractive option for new developers to get in on the action.

New Apartment Buildings Coming to Brooklyn

New Brooklyn Apartments

The latest report told us what we expected: the median rent in Brooklyn continues to increase month-by-month. But rent isn’t the only thing rising in Brooklyn. Here are some new rental buildings coming to Brooklyn.