News & Culture in Carroll Gardens, Cobble Hill, Boerum Hill and Points Nearby
April 23, 2014
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In the Spotlight

What We Already Know: Our Rents Now As High As Manhattan’s

By Lisa M. Collins

Rents have skyrocketed in Brooklyn in the past decade, as we all know, and now reports are coming out showing that per-square-foot prices in some areas like Cobble Hill and Williamsburg are equalling those in areas like Upper East Side and the Financial District. And it’s not getting better: experts expect the rents here to continue to rise and spread to more neighborhoods. Everyone will need a raise.

http://www.metro.us/newyork/life/article/1098510–brooklyn-rents-skyrocketing

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