As we’ve written many times before, Brooklyn is more than exciting enough to rival Manhattan’s popularity; but whereas Manhattan is increasingly defined by its skyscrapers, Brooklyn’s new construction rentals take on contextually aware low-rises. Here are three of our favorite new rental projects in Brooklyn in the works right now.
It seems that buying is no longer the best option....or that’s what Millennials in Manhattan seem to think. While many young professionals in New York can afford to put a down payment on a six-figure apartment, they are choosing to rent instead. According to the Observer, “With their increasingly mobile jobs and lifestyles successful New Yorkers in their 20s and 30s are shying away from making a commitment to one city, let alone one apartment. And despite Manhattan’s astronomical rents, it’s costlier still to buy here with the average Manhattan apartment now going for $1.73 million, a record high.”