DNAinfo reported that Greenpoint has seen a 20 percent rent hike this year, according to a rental survey compiled by MNS. As DNAinfo said, “Average studios skyrocketed from $1,875 to $2,688, one-bedrooms from $2,411 to $2,685, and two-bedrooms from $2,722 to $3,036.” That’s an average of $457 higher than last spring. New development 60 Franklin [...]
WILLIAMSBURG — Average rents in “prime” North Williamsburg are nearly $1,600 more than in parts of South Williamsburg, a new map shows.
Average residential rents for studios, one- and two-bedroom apartments are now $3,499 in North Williamsburg, north of the Williamsburg bridge between the BQE and the East River, the MNS Real Estate graphic shows. The [...]
As anyone who is planning on moving here soon knows, if you don’t live in Williamsburg then you’ll be really far from your friends and your job and you’ll find life really frustrating and impossible when it’s supposed to be new and exciting and easy. You might as well stay in D.C.! This may explain [...]
More than two years ago, a ceremonial groundbreaking took place for a project known as Triangle Court. The site of the 50-unit building (plus a diner and retail) is 456 Grand Street at the corner of Borinquen Place, once home to a gas station. The six-story building is designed by Koh Architecture, and the DOB [...]
CLINTON HILL — At the end of 2012, the average sales price for new condos in Clinton Hill was $505,000.
Just three months later, Clinton Hill has seen an increase of $240,000, according to a report put out by real estate company MNS.
“In general there is a lot more activity in Clinton Hill,” said Luke Gorz of MNS. [...]
HELL’S KITCHEN — After three straight quarters of plummeting real estate prices in Hell’s Kitchen, the cost of homes in the neighborhood shot up by more than 15 percent in the first quarter, a new report shows.
The report by real estate firm MNS found that the median sale prices of apartments jumped by 15.7 percent [...]
Inventory is low all over town, folks, which is leading to some pretty interesting figures when it comes to first-quarter sales in new developments. Because there just aren’t a lot of new apartments coming to market, in Brooklyn new development sales inventory was down a whopping 98% from the fourth quarter of 2012, according to [...]
Greenpoint has received a lot of attention lately for its role as the setting for the HBO mega-hit-series “Girls.” That exposure, brokers say, has boosted the neighborhood’s rental market. “We get more and more calls there for rentals every day,” said David Behin of the brokerage MNS.
And while the twenty-something crowd at Grumpy’s Café — [...]
Mayor Michael Bloomberg will no doubt go down in history as the city’s numbers-cruncher-in-chief. “In God we trust. Everyone else, bring data,” he once tweeted.
But he is far from alone. Big Data — the ability to analyze massive amounts of information in a high-tech and sophisticated way — has become a new buzz phrase. Indeed, [...]
Rents in Brooklyn fell 1.77 percent from February to March, according to a monthly rental report out from MNS. Over in Bushwick, rents are now back to “normal” after a big leap of 17 percent in February, which the report attributed to one building: 949 Willoughby Avenue. The monthly report is based on MNS’s own [...]
